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Multifamily Income Property
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2954 Dekalb Pike, Norristown, PA 19401

Multifamily income property offered for sale with a stated 9.13% cap rate.

Property SizeContact for details
Days on Market167

Property Features for 2954 Dekalb Pike

General Information

Standard status Active
Property subtype Multifamily
Zoning Multi Family
Occupancy 60%
Investment Type Owner/User
Net Operating Income $105,000

Additional Details

Cap Rate 9.13%

Building Details

Year Renovated 2022
Buildings 3
Listing Agency: Honest Real Estate
Listed By: Edward Rogers · License #PA RM424065
Source: Crexi
Added: Mar 24 Changed: Aug 22 Last Checked: Aug 31 at 5:33AM

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 multifamily income property is offered for sale. Public remarks cite a 9.13% cap rate, which may be of interest to investors evaluating the asset’s performance.

The property is located at 2954 Dekalb Pike in East Norriton Township, Pennsylvania (19401).

Key Highlights

  • Stated 9.13% cap rate for this multifamily income property

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Daycare Center Kitchen & Bath Showroom Furniture & Home Goods Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

1,000
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 - Multifamily income property offered for sale with a stated 9.13% cap rate.
Where is this multifamily property located?
The property is located at 2954 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: Stated 9.13% cap rate for this multifamily income property
(215) 338-3200 Call to check price and availability
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