Well-Maintained Duplex Investment
For Sale
$370,000
902 OHIO AVE AVENUE, Trenton, NJ 08638
Duplex with garage, tenant history, well-maintained in a quiet neighborhood.
Property Size1,438 SF
Lot Size0.06 Acres
Days on Market372
Property Features for 902 OHIO AVE AVENUE
General Information
Standard status
Active
Size
1,438 SF
Lot size
0.06 Acres
Property subtype
Duplex
Amenities
Baseboard - Hot Water
Building Details
Building Size
1,438 SF
Year Built
1920
Listing Agency:
Keller Williams Realty
Listed By:
Diomaris Rosado Rosario · License #1644329
(609) 929-0307
Source:
Kw
Added: Sep 30, 2025
Changed: Sep 22
Last Checked: Oct 5 at 5:01PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This is an investment property featuring a duplex with a garage located in the back. The property has a history of tenants and is described as well-maintained. It is situated in a quiet neighborhood. This property is intended for residential income.
Key Highlights
- Great tenant history
- Well‑maintained property
- Garage on the back for extra space, offering additional storage or workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,412
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,240
$508.2K
Cap Rate 7%
$363,029
$363.0K
Cap Rate 9%
$282,356
$282.4K
Market Conditions
NOI Build-Up for 1,438 SF
Gross rent
$38.8K $27.00/SF
− Vacancy
−$2.5K −$1.76/SF
EGI
$36.3K $25.25/SF
− OpEx
−$10.9K −$7.57/SF
NOI
$25.4K $17.67/SF
Area
Mercer County, NJ
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,240
Cap Rate 7%
$363,029
Cap Rate 9%
$282,356
Alternative Uses
Best Use
Multifamily LT 5
$363.0K
$317.7K – $423.5K
NOI $25,412 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$313.5K
$274.3K – $365.8K
NOI $21,947 @ 7.0% cap · market cap 5.93%
Theoretical Best
Warehouse
$462.7K
$404.8K – $539.8K
NOI $32,386 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 08638, NJ
23,548
Population
10,148
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
4,361
Density / Sq Mi
$65,650
Median Household Income
$40,374
Median Earnings
$1,499
Median Rent
$226,700
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 - Duplex with garage, tenant history, well-maintained in a quiet neighborhood.
Where is this duplex located?
The property is located at 902 OHIO AVE AVENUE Trenton, NJ.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Great tenant history; Well‑maintained property; Garage on the back for extra space, offering additional storage or workspace
