Welcome to this three-unit property that offers immediate income potential and long-term financial growth. Whether you're an investor looking to maximize cash flow or a savvy buyer ready to live in one unit while the other two help pay your mortgage, this property delivers exceptional flexibility and value. Imagine collecting rental income every month while building equity in a property that works for you. Owner-occupants can dramatically reduce their monthly housing expenses by renting the remaining units, while investors have the opportunity to lease all three units and generate multiple streams of rental income from day one. Location is another major advantage. Situated in a convenient Norristown neighborhood, the property offers quick access to US-202, I-476, and the Pennsylvania Turnpike, making commuting throughout Montgomery County and the greater Philadelphia area simple. Residents will also enjoy being just minutes from SEPTA transportation, shopping centers, restaurants, parks, schools, and everyday essentials—features that continue to attract quality tenants and support strong rental demand. Whether you're looking to grow your real estate portfolio, create passive income, or make your first investment with the added benefit of owner occupancy, 706 Chain Street is the kind of opportunity that doesn't come along often.
Pending
$345,000
706 Chain St, Norristown, PA 19401
4beds
1baths
2,458sqft
Triplex
Built in 1900
-- sqft lot
$344,200 Zestimate®
$140/sqft
$-- HOA
What's special
- 48 days
- 23
- 0
Zillow last checked:
Listing updated:
Listed by:
Cj Pierre 717-925-9172,
Coldwell Banker Realty 6103739900
Source: Bright MLS,MLS#: PAMC2187328
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
Basement
- Area: 0
Heating
- Central, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Luxury Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,458
- Total interior livable area: 2,458 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,800 Square Feet
- Dimensions: 18.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130007032002
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Norristown
Location
- Region: Norristown
- Municipality: NORRISTOWN BORO
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $69,000
- Annual tax amount: $4,453
- Date on market: 7/13/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$344,200
$327,000 - $361,000
$1,875/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Pending sale | $345,000$140/sqft |
Source: | ||
| 7/13/2026 | Listed for sale | $345,000+12%$140/sqft |
Source: | ||
| 4/19/2024 | Listing removed | -- |
Source: Bright MLS #PAMC2092026 Report a problem | ||
| 3/25/2024 | Price change | $1,585-0.9%$1/sqft |
Source: Bright MLS #PAMC2092026 Report a problem | ||
| 2/20/2024 | Price change | $1,600-3%$1/sqft |
Source: Bright MLS #PAMC2092026 Report a problem | ||
| 12/31/2023 | Listed for rent | $1,650$1/sqft |
Source: Bright MLS #PAMC2092026 Report a problem | ||
| 7/26/2023 | Sold | $308,000-10.7%$125/sqft |
Source: | ||
| 6/19/2023 | Contingent | $345,000$140/sqft |
Source: | ||
| 6/9/2023 | Listed for sale | $345,000+475%$140/sqft |
Source: | ||
| 2/24/2004 | Sold | $60,000+92.9%$24/sqft |
Source: Public Record Report a problem | ||
| 2/4/1998 | Sold | $31,101+2137.5%$13/sqft |
Source: Public Record Report a problem | ||
| 3/20/1997 | Sold | $1,390$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,253 +1.3% | $69,000 |
| 2024 | $4,197 | $69,000 |
| 2023 | $4,197 +2.2% | $69,000 |
| 2022 | $4,107 +2.2% | $69,000 |
| 2021 | $4,018 +2.5% | $69,000 |
| 2020 | $3,920 +2.4% | $69,000 |
| 2019 | $3,827 +8.9% | $69,000 |
| 2018 | $3,515 +0.8% | $69,000 |
| 2017 | $3,488 +2.5% | $69,000 |
| 2016 | $3,404 +1.9% | $69,000 |
| 2015 | $3,340 -14.3% | $69,000 -16.3% |
| 2014 | $3,896 +1.8% | $82,430 |
| 2013 | $3,827 +2.3% | $82,430 |
| 2012 | $3,742 +5.7% | $82,430 |
| 2011 | $3,539 +2.9% | $82,430 |
| 2010 | $3,438 | $82,430 |
| 2009 | $3,438 +2.6% | $82,430 |
| 2008 | $3,351 +3.5% | -- |
| 2007 | $3,237 +1.9% | -- |
| 2006 | $3,176 +9.4% | -- |
| 2005 | $2,904 +4.3% | -- |
| 2004 | $2,784 +18.5% | -- |
| 2003 | $2,350 +6.5% | -- |
| 2002 | $2,206 +1.8% | -- |
| 2000 | $2,167 +13.9% | -- |
| 1999 | $1,902 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West End
Nearby schools
Schools provided by the listing agent
- Elementary: Whitehall
- Middle: Eisenhower
- High: Norristown Area
- District: Norristown Area
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






