#PAMC2141610, Dan Anthony Graboyes, Listing office: PGM Real Estate Associates, LLC
1412 Tremont Ave Norristown, PA 19401
Property details
About 1412 Tremont Ave
Investor Opportunity! Tenant-Occupied Duplex with Strong Upside Potential! This well-maintained duplex is a fantastic addition to any investment portfolio. Both 1-bedroom, 1-bathroom units are currently tenant-occupied with leases in place through April 2026, offering immediate cash flow. Each unit features a spacious living room and kitchen, providing comfortable and functional layouts. The first-floor unit has a private side entrance with convenient access to the backyard, while the second-floor unit enjoys its own private front entrance. Current rents are below market, presenting significant upside potential for future income. Landlord currently covers water/sewer and trash services. Whether you're a seasoned investor or just starting out, this income-producing property offers a strong foundation with plenty of potential for growth.
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- Basement: Yes
- Parking: None
- Architectural Style: Other
- Heating: Forced Air
- Cooling: Wall Unit(s)
- List Price: $248,500
- Price/SqFt: $204
- Annual Tax Amount: $4,833
- Tax Year: 2024
- Directions: From Arch Rd/Old Arch Rd, continue onto New Hope St, Turn Right onto E Fornance St, Turn Right on Tremont Ave, Destination will be on the Right
- Year Built: 1963
- Living Area: 1,216 SqFt
- Municipality: Norristown Boro
- Lot Size: 0.06 Acres
- MLS Number: PAMC2145128
- MLS Name: BRIGHT
- Office Name: Real of Pennsylvania
- Office Phone: (855) 450-0442
- Office Email: pabroker@onereal.com
- Listing Agent: Michael Saulino
- Agent Phone: (610) 636-7259
- Agent Email: mike.integrityre@gmail.com
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Last updated on: 7/30/2025, 9:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 05, 2018 | Home Sold | $142,500 |
Dec 06, 2005 | Home Sold | $160,000 |
May 30, 2001 | Home Sold | $84,241 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $78,730 | $4,833 |
2023 | $78,730 | $4,790 |
2022 | $78,730 | $4,687 |
2021 | $78,730 | $4,585 |
2020 | $78,730 | $4,448 |
2019 | $78,730 | $4,367 |
2018 | $78,730 | $4,285 |
2017 | $78,730 | $4,010 |
History based on county public records data.
Nearby schools
5
Winfield Scott Hancock Elementary School
Public District 1-4
0.3 mi
•Arch & Summit Streets
5
Gotwals Elementary School
Public District 1-4
0.8 mi
•1 E Oak St
5
Cole Manor Elementary School
Public District 1-4
1.2 mi
•2350 Springview Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,457. Most Norristown, PA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1412 Tremont Ave
The listing price of 1412 Tremont Ave property is $248,500.
The property 1412 Tremont Ave is a multi located in Norristown, Pennsylvania, 19401.
Accepting Backup Offers: 1412 Tremont Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1412 Tremont Ave are: Winfield Scott Hancock Elementary School (GreatSchools Rating 5/10), Gotwals Elementary School (GreatSchools Rating 5/10), Cole Manor Elementary School (GreatSchools Rating 5/10), Eisenhower Science and Technology Leadership Academy (GreatSchools Rating 5/10), Colonial Middle School (GreatSchools Rating 6/10), Stewart Middle School (GreatSchools Rating 3/10), Roosevelt Altern School (GreatSchools Rating 2/10), Norristown Area High School (GreatSchools Rating 2/10), Upper Merion Area High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $4,833 (source: MLS/based on county public records data).
The last sale was on June 5, 2018 for $142,500 (source: MLS/tax record).
The property 1412 Tremont Ave is 1,216 SqFt (source: MLS/tax record).
The year of construction for 1412 Tremont Ave is 1963.
This home is located at 1412 Tremont Ave in Norristown, PA and zip code 19401. This 1,216 square foot home, which was built in 1963, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $248,500.
The inventory of homes for sale in Norristown, PA between May and June 2025 increased by 59.8%. Listings spent 42 days on the market in June 2025, and had a median list price of $349,900 during the same period.