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For sale
$1,150,000

2952 Dekalb Pike, Norristown, PA 19401

8beds
--baths
--sqft
: 
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Multi Family
Built in 1920
-- sqft lot
$1,108,100 Zestimate®
$--/sqft
$-- HOA

What's special

Ample off-street parkingCompletely remodeled
Rare opportunity to acquire a fully renovated, multi-structure investment package at 2952–2954 Dekalb Pike, consisting of three buildings, five rental units, and two parcels. 2952 Dekalb Pike is a duplex featuring a 2-bedroom, 1-bathroom unit on the first floor and a 1-bedroom, 1-bathroom unit on the lower level, both completely remodeled. 2954 Dekalb Pike is a three-unit property that includes a main house with two units, each offering 2 bedrooms and 1 bathroom (first and second floor), along with a separate rear cottage featuring a 1-bedroom, 1-bathroom layout. All units have been fully renovated, creating a turnkey investment opportunity. Currently, three of the five units are rented, with a projected annual gross rental income of approximately $102,000 once fully stabilized. This provides immediate income with additional upside as remaining units are leased. The property sits on a unique parcel with a stream running through the grounds, adding character and tenant appeal rarely found in multifamily offerings. There is also ample off-street parking to support all units. Being sold as a package, this offering delivers five total rental units across two parcels, making it ideal for investors seeking scale, strong rental potential, and a recently renovated asset with minimal capital expenditure needed.
45 days
|
609
|
24
|

Zillow last checked:

Listing updated:

Listed by:

Edward G Rogers 267-231-7212,

Honest Real Estate (215) 904-6001

Source: Bright MLS,MLS#: PAMC2177826MLS Logo

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Ceramic Tile, Luxury Vinyl
    • Doors: Insulated
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    Video & virtual tour

    Property

    Parking
    • Parking features: Lighted, Paved, Private, Surface, Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1.5 Acres
    • Features: Backs to Trees, Landscaped, Rear Yard, Private, SideYard(s), Stream/Creek, Year Round Access
    Details
    • Additional structures: Above Grade
    • Parcel number: 330001915005
    • Zoning: 5 UNITS TOTAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Foundation: Other
    • Roof: Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Security System
    Location
    • Region: Norristown
    • Municipality: EAST NORRITON TWP

    Financial & listing details

    • Tax assessed value: $83,790
    • Annual tax amount: $4,012
    • Date on market: 4/30/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: All Existing Appliances That Are Owned By Seller.
    • Ownership: Fee Simple
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      Estimated market value

      $1,108,100

      $1.05M - $1.16M

      $2,158/mo

      Price history

      DateEventPrice
      4/30/2026Listed for sale$1,150,000+458.3%
      Source: Bright MLS #PAMC2177826 Report a problem
      2/1/2021Sold$206,000-4.2%
      Source: Public Record Report a problem
      12/8/2020Pending sale$215,000
      Source: Keller Williams Philadelphia #PAMC676458 Report a problem
      11/17/2020Listed for sale$215,000+30.3%
      Source: Keller Williams Philadelphia #PAMC676458 Report a problem
      6/10/2008Sold$165,000-17.1%
      Source: Public Record Report a problem
      4/17/2008Listed for sale$199,000
      Source: Coldwell Banker** #5094435 Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2025$3,947 +1.2%$83,790
      2024$3,901 $83,790
      2023$3,901 +0.7%$83,790
      2022$3,875 +0.6%$83,790
      2021$3,850 +3.2%$83,790
      2020$3,731 +2.4%$83,790
      2019$3,644 +6.2%$83,790
      2018$3,432 +1%$83,790
      2017$3,399 +3.1%$83,790
      2016$3,298 +2.4%$83,790
      2015$3,221 +2.2%$83,790
      2014$3,152 +2.3%$83,790
      2013$3,082 +1.7%$83,790
      2012$3,030 +3.2%$83,790
      2011$2,937 +4.9%$83,790
      2010$2,801 $83,790
      2009$2,801 +3.2%$83,790
      2008$2,713 +5.8%--
      2007$2,564 +2.8%--
      2006$2,493 +4%--
      2005$2,398 +5.7%--
      2004$2,268 +8.8%--
      2003$2,085 +9%--
      2002$1,912 +7%--
      2000$1,787 --
      1999$1,787 --

      Find assessor info on the county website

      Monthly payment

      Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 19401

        Getting around

        68 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Norristown Area

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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