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Listing description

Investor opportunity in a prime location near King of Prussia, major highways, and public transportation. Previously rented for $1,800/month and Section 8 approved, offering strong rental potential with upside through light cosmetic updates. Flexible layout with multiple bedrooms and bonus space allows for maximum rental use. Rear off-street parking adds tenant appeal. Being sold AS-IS. Buyer responsible for U&O.

Facts & features

Interior

Bedrooms
2
Bathrooms
1 full
Living area
827 sq ft
Heating
Hot Water
Cooling
None

Property & construction

Property type
Residential · Interior Row/Townhouse
Architectural style
AirLite
Year built
1914

Lot & parking

Lot size
0.03 acres (1,278 sq ft)

Financial

Price / sq ft
$169
HOA dues
None

Listing details

MLS #
PAMC2178126
County
Montgomery County
School district
Norristown Area
Days on market
66 days

Price history

DateEventPrice
Jun 13, 2026Price reduced$140,000
May 3, 2026Listed for sale$150,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$136,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Montgomery County assessment ratio, weighted toward the current asking price.

Current list price
$140,000
County assessment implies
$94,866
Est. property taxes at today's rates
$1,288/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
19 E BLACKBERRY ALY, NORRISTOWN, PA 19401July 2025$140,0002/1850$146,021
20 LINCOLN AVE, NORRISTOWN, PA 19401August 2025$130,0002/1858$138,480
25 ROSEMONT AVE, NORRISTOWN, PA 19401July 2025$92,0002/1832$92,181
242 MINOR ST, NORRISTOWN, PA 19401November 2025$160,0002/1930$160,728
409 E BASIN ST, NORRISTOWN, PA 19401April 2025$158,0002/1750$167,393
113 E BASIN ST #107, NORRISTOWN, PA 19401March 2026$262,0002/1975$218,485

Estimated taxes

Estimated at current rates

$1,288 / year

$107 per month

MLS shows (2026)

$1,824

-29.4% at current rates

School tax

NORRISTOWN AREA · 39.60 mills (2025-26)

$1,119

County tax

Montgomery County · 5.95 mills (2026)

$168

Municipal tax

Not reported in the MLS feed

Assessment note: this home is assessed at $28,270, well below the ~$41,720 its asking price implies at Montgomery County's common level ratio (29.8%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $613/year. Worth pricing in.

Recomputed from the county assessment ($28,270, 1996 base year) × current millage. Portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Montgomery County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$28,000 (20%)
6.43%

Loan term

Estimated monthly payment

$851/mo

Principal & interest
$703
Property taxes (current rates)
$107
Home insurance (est.)
$41

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

Norristown Area

Academic index
37.8/100
Graduation rate
81.5%
PSSA ELA proficient
28.1%
PSSA Math proficient
27.4%

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Montgomery County crime & safety numbers →

FBI and Pennsylvania source data, presented without spin.

Property taxes

Montgomery County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

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 United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

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 Closed or are no longer being offered for sale.

Data last updated: July 8, 2026 at 2:13 PM EDT

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