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Renovated Multifamily Investment Package
For Sale
$1,150,000

295254 Dekalb Pike, Norristown, PA 19401

Package of three renovated rental buildings with five units and ample off-street parking across two parcels.

Property SizeContact for details
Days on Market342

Property Features for 295254 Dekalb Pike

General Information

Standard status Active
Property subtype Commercial
Occupancy 60%
Lease Term []

Additional Details

Business Included Yes
Multifamily Units 5

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: Honest Real Estate
Listed By: Edward G Rogers · License #RM424065
Source: Deepcreeklake
Added: Sep 30, 2025 Changed: Sep 5 Last Checked: Sep 5 at 8:45AM

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 for-sale investment package includes three separate rental buildings totaling five units across two parcels. 2952 Dekalb Pike is a duplex with two remodeled units: a 2-bedroom, 1-bath unit on the first floor and a 1-bedroom, 1-bath unit on the lower level. 2954 Dekalb Pike is a three-unit property featuring a main house with two remodeled 2-bedroom, 1-bath units on the first and second floors, along with a separate rear cottage offering a 1-bedroom, 1-bath layout. All units are described as fully renovated, creating a turnkey setup for an owner-operator or investor.

The property includes a unique parcel with a stream running through the grounds and ample off-street parking to support the units.

Currently, three of the five units are rented, with the remainder available for leasing as occupancy increases.

Key Highlights

  • Investment package at 2952–2954 Dekalb Pike: 3 buildings, 5 total rental units, sold across 2 parcels.
  • Fully renovated units: 2952 Dekalb Pike (duplex) includes a 2BR/1BA unit and a 1BR/1BA unit.
  • 2954 Dekalb Pike includes 2 units in the main house (each 2BR/1BA) plus a separate rear cottage with 1BR/1BA.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Daycare Center Parking Lot & Garage Plumbing Service Furniture & Home Goods Storage Facility

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
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

835
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?
Duplex - Package of three renovated rental buildings with five units and ample off-street parking across two parcels.
Where is this duplex located?
The property is located at 295254 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: Investment package at 2952–2954 Dekalb Pike: 3 buildings, 5 total rental units, sold across 2 parcels.; Fully renovated units: 2952 Dekalb Pike (duplex) includes a 2BR/1BA unit and a 1BR/1BA unit.; 2954 Dekalb Pike includes 2 units in the main house (each 2BR/1BA) plus a separate rear cottage with 1BR/1BA.
More about this property
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