Up-and-Down Duplex with
For Sale
Contact for pricing
Pending
301 Richey Avenue, Oaklyn, NJ 08107
Move-in ready corner-lot duplex with two updated 2BR/1BA units, off-street parking, and expansion potential.
Property SizeContact for details
Days on Market133
Property Features for 301 Richey Avenue
General Information
Standard status
Pending
Total Parking Spaces
4
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
BHHS Fox & Roach Vineland
Listed By:
Scott Sheppard · License #NJ-0122062
Source:
Crexi
Added: Apr 11
Changed: Aug 16
Last Checked: Aug 20 at 9:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach Vineland
Investment Insights
Based on property information with market context.
Move-in ready, cash-flowing up-and-down duplex on a corner lot offering 4+ off-street parking spaces. Both units include 2 bedrooms and 1 full bath, with the bottom unit also featuring a bonus room that can serve as an office, additional living space, or a third bedroom. The bottom unit includes an open concept living area with an eat-in kitchen, along with access to an unfinished basement and a deck off the back door.
The top unit has been recently updated with refinished hardwood floors, fresh paint, and a new kitchen and bathroom featuring ceramic tile. Additional space is available through room-for-expansion opportunities, including an unfinished walk-up attic that can be finished into a master suite; approximately 400+/- unfinished square feet are noted for this purpose, and the city has already provided approval.
Current operating details include the bottom unit paying $1,000/month while splitting utilities with the landlord, and the top unit having potential to rent for around $1,500/month. Finishing the third level is also described as a way to increase rental income further and support additional cash flow.
The top unit has been recently updated with refinished hardwood floors, fresh paint, and a new kitchen and bathroom featuring ceramic tile. Additional space is available through room-for-expansion opportunities, including an unfinished walk-up attic that can be finished into a master suite; approximately 400+/- unfinished square feet are noted for this purpose, and the city has already provided approval.
Current operating details include the bottom unit paying $1,000/month while splitting utilities with the landlord, and the top unit having potential to rent for around $1,500/month. Finishing the third level is also described as a way to increase rental income further and support additional cash flow.
Key Highlights
- Corner‑lot duplex with two 2BR/1BA units and 4+ off‑street parking spaces
- Top unit recently updated with refinished hardwood floors, fresh paint, and new kitchen and bathroom (ceramic tile)
- Top unit has expansion potential, plus an unfinished walk‑up attic that may be finished into a master suite (about 400+/- unfinished SF; city approval indicated)
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
Explore this area
Business Placement
Demographics for 08107, NJ
13,688
Population
6,180
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
1.8 sq mi
ZIP Area
7,604
Density / Sq Mi
$70,262
Median Household Income
$44,771
Median Earnings
$1,257
Median Rent
$261,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Move-in ready corner-lot duplex with two updated 2BR/1BA units, off-street parking, and expansion potential.
Where is this duplex located?
The property is located at 301 Richey Avenue Oaklyn, NJ.
What are key features of this property?
This property features: Corner‑lot duplex with two 2BR/1BA units and 4+ off‑street parking spaces; Top unit recently updated with refinished hardwood floors, fresh paint, and new kitchen and bathroom (ceramic tile); Top unit has expansion potential, plus an unfinished walk‑up attic that may be finished into a master suite (about 400+/- unfinished SF; city approval indicated)
