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2952 Dekalb Pike, Norristown, PA, 19401

8beds
--baths
0sqft
$1,150,000
--price/sqft
$7,714/moest. monthly cost
$308,560/yrincome needed

About This Home

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.

Getting Around

68
WalkingSomewhat Walkable
32
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

7/10
2/10
3/10
Cole Manor El SchoolGrades K-41.0 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1920

Materials

  • Foundation: Other
  • Roof: Shingle
  • Construction materials: Stucco

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 8

Features

  • Door features: Insulated
  • Flooring: Ceramic Tile,Luxury Vinyl

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 330001915005
  • Zoning: 5 UNITS TOTAL
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 1.50 Acres
  • Features: Backs to Trees,Landscaped,Rear Yard,Private,SideYard(s),Stream/Creek,Year Round Access

Parking

  • Parking features: Lighted,Paved,Private,Surface,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,815$69,780
Home Insurance *$439$5,268
Property Taxes $1,236$14,832
Electricity $224$2,692
Total$7,714$92,568
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$264,480/yr
40% on housing$231,420/yr
45% on housing$205,706/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 19401$151
Montgomery County$233

vs Homes Sold Last Month

Median $/sqft

ZIP 19401$253
Montgomery County$247

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$1,150,000
2021-02-01Sold$206,000
2020-12-08Pending sale$215,000
2020-11-17Listed for sale$215,000
2008-06-10Sold$165,000
2008-04-17Listed for sale$199,000

For Sale by Agent

AgentEdward G Rogers
BrokerageHonest Real Estate

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