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$500,000
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Property Description
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
Full Property Details for 406 W Marshall St
General
- Sold For: $500,000
- Taxes: $7,394 (2025)
- Status: Closed
- Type: Office
- Source: BrightMLSPhilly
- MLS ID: PAMC2162620
- Added to Site: 250 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
Sold by Exceed Realty, Francine A Tibbetts
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Schools
Schools serving 406 W Marshall St
School District:Norristown Area School District
| Name | Grades | Distance |
|---|---|---|
Gotwals El School 1 East Oak Street, Norristown, PA 19401 | 1-4 | 0.4 mi |
Stewart Middle School 1315 West Marshall Street, Norristown, PA 19401 | 5-8 | 0.7 mi |
Ray S. Musselman Learning Center 1020 Sandy Street, Norristown, PA 19401 | K- | 1.4 mi |
Norristown Area High School 1900 Eagle Drive, Norristown, PA 19403 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 406 W Marshall St
Date
Details
Price
Change
Source
3/06/2026
Sold
$500,000
-13.04%
MLS
12/04/2025
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
406 W Marshall Street, Norristown, PA 19401 (MLS# PAMC2162620) is a Office property that was sold at $500,000 on March 06, 2026. 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.

