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Backup Offers

516 W Marshall St, Norristown, PA, 19401

$389,900

Home List Price

$4,630*

Closing Credit

0 Baths
Multi

Location

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516 W Marshall St, Norristown$389,900

Buyer Closing Credits

$4,630*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1925
HeatingForced Air
CoolingWindow Unit(s)
MLS #PAMC2124490
Lot Size0.05 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 516 W Marshall St

Rare opportunity in this hot market to own this mixed use money maker! Property has 2 residential units a one and a three bedroom apartments. First floor is a commercial space occupied by a successful business: bakery/Restaurant operating here for a long time.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925

Listing Office:

  • Office Name: Yellow Keys Realty, LLC
  • Office Phone: (610) 881-5911
  • Listing Agent: Redouane Chahid

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: gps

Municipality:

  • Norristown Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,900

Tax Information:

  • Annual Amount: $5,684
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norristown, PA.

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Norristown, PA

City

Med. Sold Price

$337.6K

Med. Price/SqFt

$205

Avg. Days On Market

27

# of Sold Homes

45

516 W Marshall St vs Norristown

1 DAY ON ROCKET

-26 Days

$389,900

+$52.2K More

KEY TAKEAWAY

This property is $52.2K more than the Median Sold Price in Norristown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAMC2124490

Listing Office:

  • Office Name: Yellow Keys Realty, LLC
  • Office Phone: (610) 881-5911
  • Listing Agent: Redouane Chahid

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/8/2025, 1:22:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 2002Home Sold
$11,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,684$97,610
2020$5,515$97,610
2019$5,414$97,610
2018$5,313$97,610
2017$4,972$97,610

History based on county public records data.

Payment Calculator

$2,013

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,235

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-996860
5
/10

  • Gotwals Elementary School

  • 1 E Oak St

  • 0.46 miles

  • Public District Grades 1-4

school-card-donut-996861
6
/10

  • Marshall Street Elementary School

  • 1525 W Marshall St

  • 0.88 miles

  • Public District Grades KG-4

school-card-donut-996862
5
/10

  • Winfield Scott Hancock Elementary School

  • Arch & Summit Streets

  • 1.13 miles

  • Public District Grades 1-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,881. The most common annual income of people living in Norristown, PA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Montgomery County›Norristown›19401›516 W Marshall St

This home is located at 516 W Marshall St in Norristown, PA and zip code 19401. This home, which was built in 1925, sits on a 0.05 acre lot. It has been listed on Rocket Homes since January 07, 2025 and is currently priced at $389,900.

While more than 18 listings in Norristown, PA in December 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 21 were sold below. In December 2024 in Norristown, PA there were 10.4% less homes for sale than in November 2024. Listings spent 27 days on the market in December 2024, and had a median list price of $337,667 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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