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Occupied Duplex
For Sale
$360,000

117 S Texas Ave, Atlantic City, NJ 08401

MULTI-FAMILY, Atlantic City, NJ

Property SizeContact for details
Days on Market51

Property Features for 117 S Texas Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5
Parking features Offsite
Patio and Porch features Deck, Porch
Exterior features Curbs, Deck, Porch, Sidewalks
Lot features Beach Block, Boardwalk Area
Directions 117 S Texas Ave Boardwalk Block
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4197

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air, Window Unit(s)
Water source Public

Building Details

Number of units 2
Listing Agency: WEICHERT REALTORS ASBURY GROUP-AC
Listed By: Silvette Rivera · License #1864018
Added: Aug 26 Changed: Oct 11 Last Checked: Oct 15 at 11:06PM
MLS# 611264

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.

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Investment Insights

Based on property information with market context.

This two-unit residential income property is occupied, with each residence under an active one-year lease. The ground-floor residence has central air, while the upper residence includes newer windows and updated flooring. Exterior features include a porch and deck, and the property is served by public water and sewer. Heating is natural gas; cooling includes central air and window units.

The sale is on an as-is basis. The buyer is responsible for obtaining any required Certificate of Occupancy, inspections, certifications, and municipal approvals needed for closing. Parking is off-site.

Key Highlights

  • Both residences are occupied under active one‑year leases
  • Ground‑floor residence has central air
  • Upper residence has newer windows and updated flooring

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store Locksmith Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,996
Businesses Nearby

Demographics for 08401, NJ

38,536
Population
20,116
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
76%
High-School Grad
10.7 sq mi
ZIP Area
3,601
Density / Sq Mi
$36,375
Median Household Income
$28,915
Median Earnings
$1,086
Median Rent
$189,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences are leased under active one-year agreements, with tenants paying their own electric and gas.
Where is this duplex located?
The property is located at 117 S Texas Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Both residences are occupied under active one‑year leases; Ground‑floor residence has central air; Upper residence has newer windows and updated flooring
More about this property
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