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.
For sale
$1,150,000
2952 Dekalb Pike, Norristown, PA 19401
8beds
--baths
--sqft
Multi Family
Built in 1920
-- sqft lot
$1,108,100 Zestimate®
$--/sqft
$-- HOA
What's special
Ample off-street parkingCompletely remodeled
- 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#: PAMC2177826
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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
Estimated market value
$1,108,100
$1.05M - $1.16M
$2,158/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $1,150,000+458.3% |
Source: | ||
| 2/1/2021 | Sold | $206,000-4.2% |
Source: Public Record Report a problem | ||
| 12/8/2020 | Pending sale | $215,000 |
Source: Keller Williams Philadelphia #PAMC676458 Report a problem | ||
| 11/17/2020 | Listed for sale | $215,000+30.3% |
Source: Keller Williams Philadelphia #PAMC676458 Report a problem | ||
| 6/10/2008 | Sold | $165,000-17.1% |
Source: Public Record Report a problem | ||
| 4/17/2008 | Listed for sale | $199,000 |
Source: Coldwell Banker** #5094435 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $1,787 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 7/10East Norriton Middle SchoolGrades: 5-8Distance: 0.8 mi
- 2/10Norristown Area High SchoolGrades: 9-12Distance: 2.7 mi
- 3/10Cole Manor El SchoolGrades: K-4Distance: 1 mi
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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A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Montgomery County
- Norristown
- 19401
- 2952 Dekalb Pike





