Wildwood Multifamily Investment
115-117 W Poplar Avenue, Wildwood, NJ 08260
- Added:
- Mar 29, 2026
- Days on Market:
- 54
- Last Refresh:
- May 21 at 5:06 pm
Property Features for 115-117 W Poplar Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 11
- Bathrooms
- 7
- Rooms
- Bedroom 11, Bedroom 7, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 1, Laundry Room, Bedroom 2, Bedroom 8, Bathroom 2, Bathroom 7, Bathroom 6, Bedroom 10, Dining Room, Bedroom 6, Bathroom 1, Bedroom 9, Bathroom 5, Bedroom 4, Bathroom 3
- Parking features
- Assigned, Driveway
- Patio and Porch features
- Patio, Porch, Deck
- Exterior features
- Patio, Deck, Enclosed/Cov. Patio, Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower
- Fencing
- Fenced
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9779
Utilities
- Heating system
- Electric (Heating), Zoned, Baseboard
- Cooling system
- Multi Units, Ceiling Fan(s), Zoned, Electric
Building Details
- Year built
- 1935
- Number of units
- 7
Listing agent Andrew Baus License #1433687 (856) 904-5636
Listing office BERKSHIRE HATHAWAY HS FOX & ROACH sic 4015 Landis Avenue, NJ (609) 263-2227
Listing date Mar 29, 2026
MLS# 260794
Listing URL
Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Value‑add opportunity through cosmetic interior updates to increase rental income.
- Strong rental income potential in a high‑demand shore market.
- Two buildings with a mix of five 1‑bedroom apartments and two spacious 3‑bedroom condo‑style units.
- New roofs on both buildings, minimizing immediate capital expenses.
- Excellent exterior condition of both buildings.
- On‑site laundry provides tenant convenience and additional income.
Overview
This is a rare opportunity to acquire a seven-unit multifamily property situated across two separate buildings in Wildwood. The property features a mix of rental options, including five one-bedroom apartments and two spacious three-bedroom condo-style units, appealing to both seasonal and year-round tenants. The buildings are in excellent exterior condition and benefit from recently installed new roofs. On-site laundry facilities provide added convenience for tenants and offer additional income potential. While the interiors could benefit from cosmetic updates, this presents a value-add opportunity for investors to modernize units and substantially increase rental income. This property offers immediate income and long-term appreciation potential. It is ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Wildwood
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.8281
- Latitude
- 38.9808
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Seven-unit multifamily property with value-add potential in Wildwood, NJ.
Where is this apartment building located?
The property is located at 115-117 W Poplar Avenue Wildwood, NJ.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Value‑add opportunity through cosmetic interior updates to increase rental income.; Strong rental income potential in a high‑demand shore market.; Two buildings with a mix of five 1‑bedroom apartments and two spacious 3‑bedroom condo‑style units.
