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Gutted 4-Unit Quadplex
For Sale
$250,000

27 North Rhode Island Avenue, Atlantic City, NJ 08401

Fully gutted multifamily property with natural gas service and an outside entrance.

Property SizeContact for details
Days on Market394

Property Features for 27 North Rhode Island Avenue

General Information

Standard status Active
Property subtype MULTI-FAMILY / 4 - 10 Units

Property Condition

Severity Major Repairs Needed
Evidence fully gutted

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $6,334

Amenities

Gas-Natural
Outside Entrance

Building Details

Units 4
Listing Agency: BHHS FOX and ROACH-Margate
Listed By: JUDI COHEN · License #9808071
Source: Compass
Added: Aug 2, 2025 Changed: Aug 30 Last Checked: Aug 30 at 11:19AM

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 and ROACH-Margate

Investment Insights

Based on property information with market context.

This four-unit multifamily property is offered in a fully gutted condition, providing a renovation project that requires completion by the purchaser. Interior features include natural gas service and an outside entrance.

The property is being conveyed as-is at 27 North Rhode Island Avenue in Atlantic City, New Jersey. The buyer will be responsible for inspections, certifications, and repairs.

Key Highlights

  • Four‑unit multifamily property
  • Interior has been fully gutted
  • Natural gas service

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing Service Garden Center Storage Facility

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,002
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully gutted multifamily property with natural gas service and an outside entrance.
Where is this quadplex located?
The property is located at 27 North Rhode Island Avenue Atlantic City, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four‑unit multifamily property; Interior has been fully gutted; Natural gas service
More about this property
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