906 DEKALB Street, Norristown, PA 19401
MULTI_FAMILY - Other - NORRISTOWN, PA
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 906 DEKALB Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,724 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3356
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1899
- Number of units
- 3
- Building materials
- Brick
- Architectural style
- Other
Listing agent sAAJAN Patel (484) 544-2352
Listing office Keller Williams Realty Wilmington 200 Bellevue Parkway unit: 415, Willmington, PA (302) 299-1100
Listing date Jun 15, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Three‑story brick triplex built in 1899 with three 3‑bedroom units and 9 bedrooms total
- Approximately 3,724 SF total on a 4,200 SF (0.096‑acre) lot
- Central air conditioning and gas forced‑air heat
- Separate utilities and washer/dryer hookups in each unit
- On‑street parking
- Montgomery County Housing Authority payment standards support rents of approx. $2,724/month for a 3‑bedroom unit
Overview
The property is located at 906 DeKalb Street in Norristown, Pennsylvania, within Montgomery County. The listing notes that current Montgomery County Housing Authority payment standards support rents of approximately $2,724 per month for a 3-bedroom unit.
For buyers seeking a small multi-family with three functional 3-bedroom layouts, this structure offers separate unit utilities, year-round heating and cooling, and in-unit laundry connections. The three-unit configuration can appeal to tenants looking for larger bedroom counts while providing an operator with multiple income-producing units within one building.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.7k | $22.20 |
| − Vacancy | −$5.4k | −$1.44 |
| EGI | $77.3k | $20.76 |
| − OpEx | −$23.2k | −$6.23 |
| NOI | $54.1k | $14.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Norristown
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.33822
- Latitude
- 40.1195
