2952 Dekalb Pike Norristown, PA $ 1,150,000
2952 Dekalb Pike
$ 1,150,000
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2952 Dekalb Pike

Norristown, PA, 19401
$ 1,150,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,081

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Commercial Property for sale in Norristown, PA

for $1,150,000. This building was built in 1920 on a lot size of 1.5.

Rare opportunity to acquire a fully renovated, multi-structure investment package at 29522954 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.

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Commercial Active

Price

$ 1,150,000

Property Type

Commercial

Taxes

$ 4,012

Style

Apartment Building

Lot Size

1.5

Year Built

1920

Town/City

Norristown

County/Region

Montgomery

MLS | Web ID

PAMC2171192

Features
Interior
Heating Fuel Natural Gas
Flooring Ceramic Tile Luxury Vinyl Plank
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Roof Shingle
Zoning 5 UNITS TOTAL
Security Features Surveillance Sys
Construction Materials Stucco
Year Built 1920
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality EAST NORRITON TWP
Business Type Apartment Building
Accessibility None
County MONTGOMERY
Operating Expense 21000.00
New Construction N
Property Type Commercial Sale
Possible Use Apartments
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City NORRISTOWN
Number Of Units Total 5
MLS Area East Norriton Twp (10633)
Lot Size Units Square Feet
Lot Size Square Feet 65482.00
Tax Annual Amount 4012.0
Property Condition Very Good
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Virtual Tour https://homejab.vr-360-tour.com/e/brgBjYSmR_4/e
Location Type Free Standing
Standard Status Active
Year Built Source Assessor
Tax Lot 042
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Exterior
Parking Features Lighted Parking Paved Parking Private Surface
Lot Features Backs to Trees Landscaping Rear Yard Private SideYard(s) Stream/Creek Year Round Access
Water Source Public
Inclusions All existing appliances that are owned by seller.
Type of Parking Driveway
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 1.50
Lot Size Source Estimated
Waterfront Y/N N
Door Features Insulated
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2952
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* Excluded Features
List By
Honest Real Estate

Broker

edrogers@honestrealestate.com

Email

Affordability Calculator

$7,415
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,081
Monthly Property Taxes
$334
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$1,150,000 Listed Price

Map


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2952 Dekalb Pike, Norristown, PA, 19401 is a Commercial Property for sale at $1,150,000 with a lot size of 1.5. 2952 Dekalb Pike was built in 1920. The property's zip code is 19401 which is in Norristown, PA