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38 N IOWA Ave Atlantic City, NJ 08401

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For Sale
$599,990

Triplex - Lower Chelsea, NJ

Type:Triplex
Added:
Feb 14, 2026
Days on Market:
63
Last Refresh:
Apr 18 at 6:06 am

Property Features for 38 N IOWA Ave

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
3
Rooms
Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
Patio and Porch features
Porch
EntryLevel
Lower,Upper
Exterior features
Curbs, Fenced Yard, Porch
Fencing
Fenced
Basement Y/N
1
Appliances
Microwave, Refrigerator
Standard status
Active

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7118

Utilities

Heating system
Electric (Heating), Forced Air, Zoned (Heating)
Cooling system
Electric, Zoned

Building Details

Number of units
3

We can help!

Listing Contact
Kenneth Robinson

Listing agent Kenneth Robinson License #1968095

Listing office BHHS FOX and ROACH-Margate 9218 VENTNOR AVE, NJ

Listing date Feb 14, 2026

MLS# 604734 Listing URL

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Triplex Near Boardwalk

This triplex presents a turnkey investment opportunity with a 12% cap rate. Located just 2.5 blocks from the Atlantic City boardwalk and beach on Iowa Avenue, the property offers convenient access to restaurants, shopping, and casinos. The building has been renovated and features new floors, windows, and bathrooms. Each of the three units includes two bedrooms, a dining area, a kitchen, an upgraded shower and bathroom, and a living room. The kitchens are equipped with stainless steel appliances, including a microwave, refrigerator, and gas stove, along with granite countertops. Each unit also has climate control with split heater/air-conditioners.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Food Market Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Atlantic City
County
Atlantic
State
New Jersey
Longitude
-74.4467214
Latitude
39.3562518

FAQs

What type of property is this?
Triplex - Renovated triplex near Atlantic City boardwalk with strong income potential.
Where is this triplex located?
The property is located at 38 N IOWA Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $599,990.
What are key features of this property?
This property features: 12% cap rate: high‑income potential as a turn‑key triplex.; Prime location: just 2.5 blocks from the Atlantic City Boardwalk and beach, near restaurants, shopping, and casinos.; Fully renovated: features new floors, windows, and bathrooms.
More about this property
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