38 North Iowa Avenue Atlantic City, NJ 08401

Listing agency BHHS FOX and ROACH-Margate K***@foxroach.com Show Phone

Listed by Kenneth Robinson · License #1968095 Show Phone

Source Compass

Added: Feb 8 Updated: Jul 22 at 7:16PM Checked: Jul 22 at 7:16PM

Report an Issue

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 turn-key triplex offers three separate units, each laid out with two bedrooms, a dining area, a kitchen, a living room, and upgraded bathroom and shower finishes. The property has undergone a total refresh per the public remarks, including new floors and new windows, along with updated interiors across the apartments.

Each unit is equipped with climate controls via split heater/air-conditioning. The kitchen is described as having stainless steel appliances, including a microwave, refrigerator, and gas stove, with granite countertops.

The property is located at 38 North Iowa Avenue, positioned approximately 2.5 blocks from the Atlantic City Boardwalk and beach, with restaurants, shopping, and casino activity within walking distance, according to the provided remarks. The public remarks also cite a 12% cap rate.

Key Highlights

• Triplex with three 2‑bedroom units, each with dining area, kitchen, living room, and upgraded shower and bathroom
• Recently updated interiors with all new floors and windows
• Each unit has split heating/air‑conditioning with electric multi‑zoned HVAC

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $2,500,000

  10,156 SF

  Two-Story Auto Body Shop Redevelopment

  Operating auto body shop on the first floor with a second-floor blank canvas under MURD zoning.

  2318 FAIRMOUNT AVENUE, ATLANTIC CITY, NJ 08401

  View Details
• 

  $2,500,000

  10,156 SF

  Two-Story Mixed-Use Redevelopment Property

  Two-story property with ground-floor auto body shop and upstairs space suited to MURD mixed-use redevelopment.

  2318 Fairmount Avenue, Atlantic City, NJ 08400

  View Details
• 

  $449,999

  5,300 SF

  Prime Retail/Mixed-Use Opportunity

  High-visibility corner location perfect for retail, recreation, or mixed-use.

  2524 Arctic Ave, Atlantic City, NJ 08401

  View Details
• 

  $2,650,000

  10,156 SF

  Two-Story Auto Body Shop Redevelopment

  Two-story property with an operating auto body shop and blank second floor for mixed-use residential or office conversion.

  2318 Fairmount Avenue, Atlantic City, NJ, NJ 08401

  View Details
• 

  $499,000

  7,018 SF

  Mixed-Use Building in Opportunity Zone

  Three-story mixed-use building with cannabis retail approval in developing area.

  1624 Pacific Ave, Atlantic City, NJ

  View Details
• 

  $1,199,999

  4,376 SF

  7-Unit Multi-Family Building

  Fully renovated 7-unit multifamily property with separate utilities and an active short-term rental unit.

  4 N Brighton Avenue, Atlantic City, NJ 08400

  View Details
• 

  $799,000

  4,620 SF

  Gutted Multifamily Building for Six Units

  A gutted building is fit out for six units, with new windows installed and a full basement adding flexibility.

  111 Oriental Ave, Atlantic City, NJ 08401

  View Details
• 

  $2,499,999

  Mixed-Use Hospitality Site with Boardwalk Access

  Two-parcel property on Atlantic City Boardwalk offers 52 feet frontage and a multi-level building with auxiliary storage.

  1435-1441 Boardwalk, Atlantic City, NJ 08401

  View Details
• 

  $890,000

  2,551 SF

  Renovated Triplex Near Beach

  Fully renovated triplex near the beach with flexible occupancy.

  42 South Delancy Place, Atlantic City, NJ 08401

  View Details
• 

  $1,199,999

  5,000 SF

  Fully Renovated 7-Unit Multifamily

  A completely renovated 7-unit building with separate utilities, combining long-term occupancy and an active short-term rental unit.

  4 N Brighton Avenue, Atlantic City, NJ 08401

  View Details
• 

  $3,800,000

  37,673 SF

  Atlantic City Mixed-Use Investment

  38-unit mixed-use building near Tropicana, Atlantic City.

  2722 Atlantic Avenue, Atlantic City, NJ 08405

  View Details
• 

  $749,000

  1,500 SF

  Boardwalk Retail and Office Space

  Rare opportunity: 1500 sq ft retail, office, and storage.

  1613 Boardwalk, Atlantic City, NJ 08401

  View Details

FAQs

What type of property is this?

Triplex - Recently updated triplex with three 2-bedroom units, each featuring split heating and air-conditioning.

Where is this triplex located?

The property is located at 38 North Iowa Avenue Atlantic City, NJ.

What is the asking price?

The asking price for this property is $624,990.

What are key features of this property?

This property features: Triplex with three 2‑bedroom units, each with dining area, kitchen, living room, and upgraded shower and bathroom; Recently updated interiors with all new floors and windows; Each unit has split heating/air‑conditioning with electric multi‑zoned HVAC