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Renovated Multifamily Investment Package
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 Market121

Property Features for 2952 Dekalb Pike

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: Honest Real Estate
Listed By: Edward G Rogers · License #RM424065
Source: Kandorre
Added: May 8 Changed: Sep 3 Last Checked: Sep 5 at 10:53AM

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.

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.

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

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.

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?
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
More about this property
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