Duplex with Updated
For Sale
$295,000
716 Drexel Ave, Atlantic City, NJ 08401
MULTI-FAMILY, Atlantic City, NJ
Property SizeContact for details
Days on Market108
Property Features for 716 Drexel Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Kitchen
Appliances
Gas Stove, Refrigerator
Directions
Bungalow Park located on the north end of Atlantic City. N New Jersey Ave then left on Drexel Ave.
Subdivision
Atlantic City
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3177
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating), Natural Gas
Water source
Public
Building Details
Year built
1900
Number of units
2
Listing Agency:
COLDWELL BANKER ARGUS REAL ESTATE-Northfield · Coldwell Banker Real Estate
(609) 646-5001
Listed By:
PATRICIA BRIDGES · License #0571580
(609) 335-5913
Added: May 15
Changed: Aug 27
Last Checked: Aug 30 at 7:06PM
MLS# 611295
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.
Investment Insights
Based on property information with market context.
This two-unit residential property at 716 Drexel Ave was built in 1900 and has received significant system and appliance updates. Plumbing and pipes have been fully updated, while the roof was replaced in 2026. Unit 1 includes a new gas stove installed in 2026, and Unit 2 has a new refrigerator from 2026. The property is served by public water and public sewer and uses natural-gas heating.
Unit 1 has an income arrangement connected to a local Veteran Assistance Program. Unit 2 is currently vacant. Gas and electric service are paid individually by the occupants. The property includes two bathrooms, kitchen space, and four listed bedrooms, with gas stove and refrigerator appliances.
Unit 1 has an income arrangement connected to a local Veteran Assistance Program. Unit 2 is currently vacant. Gas and electric service are paid individually by the occupants. The property includes two bathrooms, kitchen space, and four listed bedrooms, with gas stove and refrigerator appliances.
Key Highlights
- 12%+ gross rental yield
- Two‑unit property at 716 Drexel Ave, Atlantic City, NJ 08401
- Unit 1 participates in a local Veteran Assistance Program income arrangement
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with natural-gas heating, public utilities, and separately metered gas and electric service.
Where is this duplex located?
The property is located at 716 Drexel Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 12%+ gross rental yield; Two‑unit property at 716 Drexel Ave, Atlantic City, NJ 08401; Unit 1 participates in a local Veteran Assistance Program income arrangement
