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Sold for $320,000
  • $320,000

    731 W Lafayette St, Norristown, PA 19401

    4beds
    2baths
    2,042sqft
    Duplex
    Built in 1901
    -- sqft lot
    $288,400 Zestimate®
    $157/sqft
    $1,640 Estimated rent

    Home value

    $288,400

    $274,000 - $303,000

    $1,640/mo

    Zestimate® history
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    $1,640/mo

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    $2,047/mo

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    $2,047/mo

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    What's special

    Fully updated duplex
    31 W Lafayette St, Norristown, PA | Updated Corner Duplex | Ideal House Hack Opportunity Welcome to 731 W Lafayette Street, a recently fully updated corner duplex offering flexibility, location, and instant cash flow. Whether you’re an investor or an owner-occupant looking to house hack, this property sets you up for success right out of the gate. One unit is already rented, providing immediate income, while the second unit is vacant and move-in ready—perfect for a new owner to occupy or easily rent out to increase cash flow. Property Highlights Fully updated duplex Desirable corner property with added light and presence One unit currently rented = instant income Second unit vacant and ready for owner-occupant or tenant Strong rental demand area Location, Location… You Know the Rest Situated in a great Norristown location with easy access for travel, this property is just 10 minutes from the King of Prussia Mall, along with an abundance of restaurants, shopping, and entertainment options. Convenience like this keeps tenants happy and vacancies low. Why This One Makes Sense Live in one unit while rental income helps offset your mortgage Or rent both units and maximize returns Updated condition minimizes maintenance headaches Prime location supports long-term value and rent growth Turnkey. Flexible. Smart. Whether you’re starting your investment journey or adding another strong asset to your portfolio, 731 W Lafayette St is ready to deliver from day one.

    Zillow last checked:

    Listing updated:

    Listed by:

    William Holder 484-744-4053,

    Real of Pennsylvania,

    Listing Team: The William Holder Realty Team

    Bought with:

    SHARMEEN MUSSANI, RS347236

    Keller Williams Realty Devon-Wayne

    Source: Bright MLS,MLS#: PAMC2165590MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Steam, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Ceiling Fan(s)
    • Flooring: Laminate
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,042
    • Total interior livable area: 2,042 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Sidewalks, Street Lights
    • Pool features: None
    Lot
    • Size: 1,200 Square Feet
    • Dimensions: 15.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130019996007
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Duplex
    Materials
    • Brick
    • Foundation: Stone
    Condition
    • Excellent,Very Good,Good,Average
    • New construction: No
    • Year built: 1901
    • Major remodel year: 2025

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Norristown
    • Municipality: NORRISTOWN BORO

    Financial & listing details

    • Price per square foot: $157/sqft
    • Tax assessed value: $27,490
    • Annual tax amount: $1,734
    • Date on market: 1/16/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Exclusions: Tenants Personal Property
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/6/2026Sold$320,000+10.3%$157/sqft
    Source: Bright MLS #PAMC2165590 Report a problem
    1/23/2026Pending sale$289,999$142/sqft
    Source: Bright MLS #PAMC2165590 Report a problem
    1/23/2026Contingent$289,999$142/sqft
    Source: Bright MLS #PAMC2165590 Report a problem
    1/16/2026Listed for sale$289,999+158.9%$142/sqft
    Source: Bright MLS #PAMC2165590 Report a problem
    12/29/2021Sold$112,000-17.3%$55/sqft
    Source: Public Record Report a problem
    12/31/2007Sold$135,500+108.5%$66/sqft
    Source: Public Record Report a problem
    3/8/2002Sold$65,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,694 -58.5%$27,490 -59%
    2024$4,082 $67,120
    2023$4,082 +2.2%$67,120
    2022$3,995 +2.2%$67,120
    2021$3,908 +2.5%$67,120
    2020$3,812 +2.4%$67,120
    2019$3,723 +8.9%$67,120
    2018$3,418 +0.8%$67,120
    2017$3,392 +2.4%$67,120
    2016$3,311 +1.9%$67,120
    2015$3,250 +2.4%$67,120
    2014$3,173 +1.8%$67,120
    2013$3,117 +2.3%$67,120
    2012$3,047 +5.8%$67,120
    2011$2,881 +2.9%$67,120
    2010$2,799 $67,120
    2009$2,799 +2.6%$67,120
    2008$2,728 +3.5%--
    2007$2,635 +1.9%--
    2006$2,585 +3.1%--
    2005$2,508 +4.3%--
    2004$2,405 +18.5%--
    2003$2,030 +6.6%--
    2002$1,905 +1.8%--
    2000$1,871 +13.9%--
    1999$1,643 --
    Find assessor info on the county website

    Neighborhood: West End

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Norristown
    • 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.

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    Estimated market value
    $288,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $288,400