814 Dekalb St Norristown, PA 19401
Estimated payment $3,625/month
Highlights
- Colonial Architecture
- Forced Air Heating System
- 5-minute walk to Martin Luther King Memorial Park
- Luxury Vinyl Plank Tile Flooring
- Property is in very good condition
About This Home
Don't miss the massive income producing quadplex in a stellar location of Norristown! This building is over 4900 sqft above grade and is set up with two 1 bedroom units, one 4 bedroom unit and one 3 bedroom unit. The units have been refreshed and remodeled within the last 4 years. Current rents for the building are $5725 per month ($68,700 annually). Brand new roof as of May 2025. Professional property management is in place. Tenants pay their own utilities and a flat monthly fee for water. Located in a well trafficked corridor of Dekalb street with Neighborhood Commercial zoning, there are multiple options for this property in addition to its usage as a Quadplex. The building is located across from the Dekalb Supermarket, a short walk to the Montgomery County courthouse and Norristown Transportation Center and convenient access to all commuter routes 202, 76, 422 and 476. Buyer is responsible for U&O. Schedule your tour of this great investment opportunity!
Listing Agent
Keller Williams Real Estate - Media License #RS-0025871 Listed on: 01/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,067
Year Built
- Built in 1899 | Remodeled in 2022
Lot Details
- 4,947 Sq Ft Lot
- Lot Dimensions are 32.00 x 0.00
- Property is in very good condition
Home Design
- Quadruplex
- Colonial Architecture
- Federal Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 4,908 Sq Ft Home
- Luxury Vinyl Plank Tile Flooring
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
Schools
- Norristown Area High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Radiator
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 023
- Assessor Parcel Number 13-00-09588-002
Community Details
Overview
- 4 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,929 | $80,310 | $38,060 | $42,250 |
| 2023 | $4,884 | $80,310 | $38,060 | $42,250 |
| 2022 | $4,780 | $80,310 | $38,060 | $42,250 |
| 2021 | $4,756 | $80,310 | $38,060 | $42,250 |
| 2020 | $4,538 | $80,310 | $38,060 | $42,250 |
| 2019 | $4,455 | $80,310 | $38,060 | $42,250 |
| 2018 | $2,965 | $80,310 | $38,060 | $42,250 |
| 2017 | $4,091 | $80,310 | $38,060 | $42,250 |
| 2016 | $4,060 | $80,310 | $38,060 | $42,250 |
| 2015 | $3,889 | $80,310 | $38,060 | $42,250 |
| 2014 | $3,889 | $80,310 | $38,060 | $42,250 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | Price Changed | $575,000 | -4.2% | $117 / Sq Ft |
| 03/04/2025 03/04/25 | Price Changed | $600,000 | -2.4% | $122 / Sq Ft |
| 01/03/2025 01/03/25 | For Sale | $615,000 | -- | $125 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $280,000 | None Available | |
| Deed | $190,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional | |
| Previous Owner | $139,000 | New Conventional | |
| Previous Owner | $56,000 | No Value Available | |
| Previous Owner | $152,000 | No Value Available | |
| Previous Owner | $0 | No Value Available |
Source: Bright MLS
MLS Number: PAMC2126100
APN: 13-00-09588-002
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