2952 54 Dekalb Pike • Norristown, PA 19401

$1,150,000 Beds: 0 • Baths:Sq. Feet: 0 • MLS ID: PAMC2171192 • Subdivision:School Dist: NORRISTOWN AREA
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. View this listing at: http://tkrealestate.org/mls=PAMC2171192

Property Features

  • Taxes: $4,012
  • Roof Type: Shingle
  • Exterior: Stucco
  • Parking Notes: Lighted Parking,Paved Parking,Private,Surface
  • Lot Size: 1.50 Acres
  • Lot Dimensions: 1.50 Acre(S)
  • Heating: Central
  • Fuel Type: Natural Gas
  • Cooling: Central A/C
  • Year Built: 1920
  • Water: Public
  • Sewer: Public Sewer
  • Units: 5
  • Municipality: EAST NORRITON TWP
  • Location Description: Free Standing
  • Lot Description: Backs to Trees, Landscaping, Rear Yard, Private, SideYard(s), Stream/Creek, Year Round Access
  • Total Garage/Parking Spaces: 10
  • Flooring: Ceramic Tile,Luxury Vinyl Plank

School Information

  • School District: NORRISTOWN AREA
Printed March 20, 2026


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