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$320,000
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Property Description
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.
Full Property Details
Full Property Details for 731 W Lafayette St
General
- Sold For: $320,000
- Taxes: $1,734 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAMC2165590
- Added to Site: 78 day(s) ago
Rental Information
- Lease Info: Yearly
Interior
- Interior Features: Ceiling Fan(s)
- Flooring: Laminate Plank
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Type: On Street
Location
- Area: Norristown Boro (10613)
- Municipality: NORRISTOWN BORO
- County: MONTGOMERY
- Cross Streets: Stanbridge
- Driving Directions: Turn right onto Lafayette St.
School Information
- School District: Norristown Area
- High School: Norristown
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Steam
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Stone
- Square Feet: 2,042
- Sq. Ft. Source: Estimated
- Living Area: 2,042 Sq. Ft.
- Finished Above Grnd: 2,042 Sq. Ft.
- Year Built: 1901
- Year Built Source: Estimated
- Property Condition: Excellent, Very Good, Good, Average
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,200
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 0.00
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $142.02
- Assessment Year: 2025
- School Tax: $1,088
- City/TownTax: $501
- City/TownTax Freq: Annually
- County Tax: $144
- County Tax Freq: Annually
- Tax w/Assessment: $27,490
- Tax Amount: $1,734
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2042
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants Personal Property
- Lot Number: 43
Listed by Real of Pennsylvania, William Holder
Sold by Keller Williams Realty Devon-Wayne, SHARMEEN MUSSANI
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Schools
Schools serving 731 W Lafayette St
School District:Norristown Area School District
| Name | Grades | Distance |
|---|---|---|
Stewart Middle School 1315 West Marshall Street, Norristown, PA 19401 | 5-8 | 0.6 mi |
Gotwals El School 1 East Oak Street, Norristown, PA 19401 | 1-4 | 0.8 mi |
Ray S. Musselman Learning Center 1020 Sandy Street, Norristown, PA 19401 | K- | 1.8 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 731 W Lafayette St
Date
Details
Price
Change
Source
3/06/2026
Sold
$320,000
10.35%
MLS
1/16/2026
Listed
$289,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
731 W Lafayette Street, Norristown, PA 19401 (MLS# PAMC2165590) is a Single Family property that was sold at $320,000 on March 06, 2026. Want to learn more about 731 W Lafayette Street? Do you have questions about finding other Single Family real estate for sale in Norristown? You can browse all Norristown real estate or contact a Coldwell Banker agent to request more information.

