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254 E Main St, Norristown, PA, 19401

3beds
2baths
3,346sqft
$334,900
$100price/sqft
$2,547/moest. monthly cost
$101,880/yrincome needed

About This Home

Mixed use commercial property in down town Norristown business district. First floor is commercial and current tenant is operating it as a food market. First floor also has use of the basement for storage. There are 6 parking spacing that can be used during the day. The rent is currently at $1565 and lease runs to February of 2027. Tenant pays electric. The second and third floor is a large 2 bedroom apartment. Modern kitchen with breakfast area and exit to a second story patio. Modern bath. Rented is $1550. Tenant pays electric & gas. This property has been renovated over the last year and is located within Norristown's revitalizing of it's downtown.

Getting Around

85
WalkingVery Walkable
53
TransitGood Transit
62
BikeBikeable

Schools

6/10
2/10
5/10
Paul V Fly El SchoolGrades K-43.3 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: Ductless,Electric

Interior Area

  • Total structure area: 3,346
  • Total interior livable area: 3,346 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 130021388001
  • Zoning: COMMERCIAL
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 1,552 sqft
  • Features: Downtown
  • Lot size dimensions: 14.00 x 0.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tornado

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,693$20,316
Home Insurance *$127$1,524
Property Taxes $360$4,320
Electricity $367$4,405
Total$2,547$30,564
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,325/yr
40% on housing$76,410/yr
45% on housing$67,920/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$100This listing

vs Other Active Listings

Avg $/sqft

ZIP 19401$157
Montgomery County$233

vs Homes Sold Last Month

Median $/sqft

ZIP 19401$253
Montgomery County$247

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Listed for sale$349,900
2026-04-20Contingent$349,900
2026-04-06Price change$349,900
2025-12-01Listed for sale$368,900
2024-07-09Sold$245,000
2020-01-28Sold$113,000
1999-05-27Sold$65,000

For Sale by Agent

AgentNick DeLuca
BrokerageColdwell Banker Realty

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