Three-Unit Brick
906 DEKALB Street Norristown, PA 19401
For Sale
$625,000
MULTI_FAMILY - Other - NORRISTOWN, PA
Property Size3,724 SF
Lot Size0.10 Acres
Price / SF$167.83
Days on Market41
Property Features for 906 DEKALB Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,724 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3356
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1899
- Number of units
- 3
- Building materials
- Brick
- Architectural style
- Other
Listing Agency:
Keller Williams Realty Wilmington
(302) 299-1100
Listed By:
sAAJAN Patel
(484) 544-2352
Added: Jun 15
Last Checked: Jul 25 at 2:06PM
MLS# PAMC2184074
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story brick triplex contains three separate 3-bedroom units, for a total of nine bedrooms across approximately 3,724 square feet. The property is situated on a 4,200 square foot lot and was built in 1899. Each unit has its own utilities, which can support tenant-level metering and simplify day-to-day management. Comfort systems include central air conditioning and gas forced-air heat. Washer and dryer hookups are available within each unit.
The property is located at 906 DeKalb Street in Norristown, Pennsylvania, within Montgomery County. The listing notes that current Montgomery County Housing Authority payment standards support rents of approximately $2,724 per month for a 3-bedroom unit.
For buyers seeking a small multi-family with three functional 3-bedroom layouts, this structure offers separate unit utilities, year-round heating and cooling, and in-unit laundry connections. The three-unit configuration can appeal to tenants looking for larger bedroom counts while providing an operator with multiple income-producing units within one building.
The property is located at 906 DeKalb Street in Norristown, Pennsylvania, within Montgomery County. The listing notes that current Montgomery County Housing Authority payment standards support rents of approximately $2,724 per month for a 3-bedroom unit.
For buyers seeking a small multi-family with three functional 3-bedroom layouts, this structure offers separate unit utilities, year-round heating and cooling, and in-unit laundry connections. The three-unit configuration can appeal to tenants looking for larger bedroom counts while providing an operator with multiple income-producing units within one building.
Key Highlights
- Three‑story brick triplex built in 1899 with three 3‑bedroom units and 9 bedrooms total
- Approximately 3,724 SF total on a 4,200 SF (0.096‑acre) lot
- Central air conditioning and gas forced‑air heat
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.7k | $22.20 |
| − Vacancy | −$5.4k | −$1.44 |
| EGI | $77.3k | $20.76 |
| − OpEx | −$23.2k | −$6.23 |
| NOI | $54.1k | $14.53 |
3,724 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$773.0K
$676.4K – $901.8K
NOI $54,109 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$718.7K
$628.9K – $838.5K
NOI $50,312 @ 7.0% cap · market cap 8.05%
Theoretical Best
Specialty Retail
$2.14M
$1.87M – $2.50M
NOI $149,946 @ 7.0% cap · market cap 23.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - A three-story brick triplex with three separate 3-bedroom units and in-unit washer/dryer hookups.
Where is this triplex located?
The property is located at 906 DEKALB Street Norristown, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three‑story brick triplex built in 1899 with three 3‑bedroom units and 9 bedrooms total; Approximately 3,724 SF total on a 4,200 SF (0.096‑acre) lot; Central air conditioning and gas forced‑air heat
