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$575,000

  • For Sale
  • Under Contract
  • Office
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Discover a rare investment opportunity in the heart of Norristown's thriving downtown business district. This mixed-use property includes one commercial storefront and two spacious 2-bedroom apartments. All three units are fully leased to long-term tenants, generating $5,100 per month in current rental income with immediate cash flow. With strong occupancy and room for strategic rent growth, this property offers both stability and upside. Whether you're looking to expand your portfolio or secure steady cash flow, look no further than 406 W. Marshall Street. Schedule your viewing today to see firsthand the promising features and earning potential of this exceptional property!

Full Property Details for 406 W Marshall St

General

  • Price: $575,000
  • Taxes: $7,394 (2025)
  • Status: Under Contract
  • Type: Office
  • Source: BrightMLSPhilly
  • MLS ID: PAMC2162620
  • Updated: 1/11/2026
  • Added to Site: 88 day(s) ago

Business

  • Business Type: Flex

Parking

  • Total Spaces: 4
  • Parking Features: Paved Parking, Private
  • Parking Type: On Street, Driveway

Location

  • Area: Norristown Boro (10613)
  • Municipality: NORRISTOWN BORO
  • County: MONTGOMERY
  • Driving Directions: W. Marshall Street

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Wall Unit, Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick, Stucco
  • Basement: Yes
  • Building Size: 5469
  • Year Built: 1900
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Size Source: Estimated
  • Zoning: COMMERCIAL

Financial Considerations

  • Price Per Sq. Ft.: $105.14
  • Assessment Year: 2025
  • School Tax: $4,640
  • County Tax: $615
  • County Tax Freq: Annually
  • Tax w/Assessment: $117,190
  • Tax Amount: $7,394
  • Tax Year: 2025
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 70

Listed by Springer Realty Group, Billy Stroumbaras

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Listing agent

— 406 W Marshall St —

  • Billy Stroumbaras

    Springer Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 406 W Marshall St

School District:Norristown Area School District
NameGradesDistance
Gotwals El School
1 East Oak Street, Norristown, PA 19401
1-40.4 mi
Stewart Middle School
1315 West Marshall Street, Norristown, PA 19401
5-80.7 mi
East Norriton Middle School
330 Roland Dr, Norristown, PA 19401
5-82.8 mi
Norristown Area High School
1900 Eagle Drive, Norristown, PA 19403
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 406 W Marshall St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/04/2025
Listed
$575,000
130%
MLS
5/15/2018
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 406 W Marshall St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,476
1%
$117,190
—
2024
$7,394
3%
$117,190
—
2023
$7,193
1%
$117,190
—
2022
$7,129
2%
$117,190
—
2021
$6,975
2%
$117,190
—
2020
$6,824
3%
$117,190
—
2020
$6,621
2%
$117,190
—
2019
$6,500
2%
$117,190
—
2018
$6,378
7%
$117,190
—
2017
$5,969
3%
$117,190
—
2016
$5,782
2%
$117,190
—
2015
$5,675
4%
$117,190
—
2014
$5,440
—
$117,190
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Springer Realty Group, Billy Stroumbaras

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406 W Marshall Street, Norristown, PA 19401 (MLS# PAMC2162620) is a Office property. 406 W Marshall Street is currently listed for $575,000 and was received on December 04, 2025. Want to learn more about 406 W Marshall Street? Do you have questions about finding other Office real estate for sale in Norristown? You can browse all Norristown real estate or contact a Coldwell Banker agent to request more information.

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