Renovated Multifamily Investment
For Sale
$1,150,000
2952 DEKALB PIKE, Norristown, PA 19401
Fully renovated five-unit package across three buildings and two parcels, with off-street parking and partially rented units.
Property SizeContact for details
Days on Market217
Property Features for 2952 DEKALB PIKE
General Information
Standard status
Active
Property subtype
Five Or More Units
Taxes and HOA fees
Annual Taxes
$4,012
Building Details
Year Built
1920
Listing Agency:
Honest Real Estate
Listed By:
Edward G Rogers · License #RM424065
(267) 231-7212
Source:
Lizclarkrealestate
Added: Mar 19
Changed: Oct 19
Last Checked: Oct 19 at 5:03PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-structure investment package includes three buildings totaling five rental units across two parcels. The 2952 Dekalb Pike duplex features two completely remodeled units: a 2-bedroom, 1-bath unit on the first floor and a 1-bedroom, 1-bath unit on the lower level. The 2954 Dekalb Pike property is configured as a three-unit setup with a main house offering two 2-bedroom, 1-bath units on the first and second floors, plus a separate rear cottage with a 1-bedroom, 1-bath layout. All units have been fully renovated, supporting a turnkey operation with three of five units currently rented.
The properties include ample off-street parking for all units. The parcel for the package is described as having a stream running through the grounds, adding a distinctive setting within a multifamily offering. As presented in the listing, projected annual gross rental income is approximately $102,000 once fully stabilized.
The properties include ample off-street parking for all units. The parcel for the package is described as having a stream running through the grounds, adding a distinctive setting within a multifamily offering. As presented in the listing, projected annual gross rental income is approximately $102,000 once fully stabilized.
Key Highlights
- Fully renovated multi‑structure, five‑unit rental package at 2952–2954 Dekalb Pike across three buildings and two parcels
- 2952 Dekalb Pike duplex: remodeled 2 bed/1 bath unit (first floor) and remodeled 1 bed/1 bath unit (lower level)
- 2954 Dekalb Pike three‑unit property: two remodeled 2 bed/1 bath units (first and second floor) plus a separate rear 1 bed/1 bath cottage
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated five-unit package across three buildings and two parcels, with off-street parking and partially rented units.
Where is this duplex located?
The property is located at 2952 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: Fully renovated multi‑structure, five‑unit rental package at 2952–2954 Dekalb Pike across three buildings and two parcels; 2952 Dekalb Pike duplex: remodeled 2 bed/1 bath unit (first floor) and remodeled 1 bed/1 bath unit (lower level); 2954 Dekalb Pike three‑unit property: two remodeled 2 bed/1 bath units (first and second floor) plus a separate rear 1 bed/1 bath cottage
