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Renovated Multifamily Property
New
For Sale
$1,150,000

2952-54 DEKALB PIKE, Norristown, PA 19401

Fully updated rental package spanning two parcels with off-street parking and a stream through the grounds.

Property SizeContact for details
Days on Market2

Property Features for 2952-54 DEKALB PIKE

General Information

Standard status Active
Occupancy 60%

Units

Unit Mix 3 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 5

Building Details

Buildings 3
Listing Agency: Honest Real Estate
Listed By: Edward G Rogers · License #RM424065
Source: Hostetterrealty
Added: Sep 2 Last Checked: Sep 2 at 2:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Honest Real Estate

Investment Insights

Based on property information with market context.

The offering at 2952–2954 Dekalb Pike comprises three buildings across two parcels with five rental units. The 2952 structure contains a first-floor two-bedroom, one-bathroom unit and a lower-level one-bedroom, one-bathroom unit. At 2954, the main house is arranged as two separate two-bedroom, one-bathroom units, while a detached rear cottage provides an additional one-bedroom, one-bathroom residence. All five units have undergone renovation.

Three of the five units are currently leased. The grounds include a stream and ample off-street parking serving the property. The package is being offered with the buildings and parcels together, providing a multi-unit residential income property with a mix of two- and one-bedroom floor plans.

Key Highlights

  • Five rental units across three buildings and two parcels
  • Fully renovated unit interiors throughout the property
  • Unit mix includes three 2‑bedroom units and two 1‑bedroom units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Kitchen & Bath Showroom Furniture & Home Goods Daycare Center

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

5
Residential units
60%
Occupancy

Location Intelligence

Trade Area within ½ mile

969
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Fully updated rental package spanning two parcels with off-street parking and a stream through the grounds.
Where is this multifamily property located?
The property is located at 2952-54 DEKALB PIKE Norristown, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Five rental units across three buildings and two parcels; Fully renovated unit interiors throughout the property; Unit mix includes three 2‑bedroom units and two 1‑bedroom units
More about this property
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