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Norristown Triplex Renovation Opportunity
For Sale
$400,000

1009 DEKALB Street, Norristown, PA 19401

MULTI_FAMILY - Other - NORRISTOWN, PA

Property Size3,352 SF
Lot Size0.13 Acres
Price / SF$119.33
Days on Market360

Property Features for 1009 DEKALB Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking 6
Parking features Driveway
Subdivision NORRISTOWN
High school NORRISTOWN AREA
Elementary school district NORRISTOWN AREA
Middle school district NORRISTOWN AREA
High school district NORRISTOWN AREA
Standard status Active
Size 3,352 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 2720

Building Details

Year built 1900
Number of units 1
Building materials Brick
Architectural style Other
Listing Agency: Iron Valley Real Estate Doylestown
Listed By: Zachary T. Rank · License #RS323894
Added: Aug 9, 2025 Changed: Jul 26 Last Checked: Aug 3 at 3:06AM
MLS# PAMC2150636

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 triplex in Norristown, Pennsylvania, presents an opportunity for total renovation or redevelopment. The property was previously approved for 6 condos and commercial space. It features alley access and offers street parking. The lot includes a large side and rear yard. The property size is 3,352 square feet, situated on a 0.1253-acre lot.

Key Highlights

  • Approved for 6 Condos and Commercial Space offering significant redevelopment potential.
  • Triplex Structure as an existing building.
  • Alley Access for added convenience.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture Locksmith Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,072
Businesses Nearby

Demographics for 19401, PA

43,414
Population
18,236
Households
2.4
Avg Household Size
36
Median Age
28%
College-Educated
86%
High-School Grad
6.2 sq mi
ZIP Area
7,002
Density / Sq Mi
$68,646
Median Household Income
$38,050
Median Earnings
$1,392
Median Rent
$225,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex in Norristown, PA needing total renovation or redevelopment.
Where is this triplex located?
The property is located at 1009 DEKALB Street Norristown, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Approved for 6 Condos and Commercial Space offering significant redevelopment potential.; Triplex Structure as an existing building.; Alley Access for added convenience.
More about this property
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