Investor Opportunity – Fully Occupied Duplex in Atlantic City! Welcome to 117 S Texas Avenue, a fully occupied duplex offering immediate rental income and strong investment potential. The property currently generates $44,400 in annual gross rental income, with both units occupied under active one-year leases. The ground-floor unit features 2.5 bedrooms and 1 full bathroom and has been updated with central air. The second-floor unit** offers 4 bedrooms and 1 full bathroom, along with newer windows and updated flooring. Tenants are responsible for their own electric and gas, helping keep owner-paid expenses lower. With established tenants, active leases, and income already in place, this is a great opportunity for an investor looking to add an income-producing multifamily property to their portfolio. Property is being sold strictly AS-IS. Buyer is responsible for obtaining any Certificate of Occupancy (CO), inspections, certifications, and/or municipal requirements needed for closing, at buyer's sole cost and expense.
For sale
$370,000
117 S Texas Ave, Atlantic City, NJ 08401
6beds
--baths
--sqft
Duplex
Built in ----
-- sqft lot
$357,800 Zestimate®
$--/sqft
$-- HOA
What's special
Updated with central airNewer windowsUpdated flooring
- 2 days
- 262
- 15
Zillow last checked:
Listing updated:
Listed by:
Silvette Rivera 856-238-2082,
WEICHERT REALTORS ASBURY GROUP-AC
Source: SJSRMLS,MLS#: 611264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Natural Gas
Cooling
- Central Air, Window Unit(s)
Features
- Windows: Screens
- Has basement: No
- Has fireplace: No
Property
Parking
- Parking features: Off Site, None
Features
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: See Remarks
- Waterfront features: Beach Block, Boardwalk Area
Lot
- Size: 23 Square Feet
- Dimensions: 23 x 49.6 (1,140.8sqft)
Details
- Parcel number: 9
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick, Vinyl
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Atlantic City
Financial & listing details
- Tax assessed value: $120,700
- Annual tax amount: $4,197
- Date on market: 8/26/2026
- Date available: 08/26/2026
- Road surface type: Sidewalks
Estimated market value
$357,800
$340,000 - $376,000
$1,831/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $370,000+124.2% |
Source:  SJSRMLS #611264 Report a problem | ||
| 2/14/2023 | Sold | $165,000+50% |
Source: Public Record Report a problem | ||
| 9/17/2020 | Sold | $110,000-21.4% |
Source: SJSRMLS #537604 Report a problem | ||
| 6/4/2020 | Price change | $139,900-17.2% |
Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #527675 Report a problem | ||
| 2/4/2020 | Price change | $169,000-10.6% |
Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #527675 Report a problem | ||
| 12/18/2019 | Price change | $189,000+11.2% |
Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #527675 Report a problem | ||
| 12/4/2019 | Price change | $169,900-10.1% |
Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #527675 Report a problem | ||
| 9/10/2019 | Listed for sale | $189,000+215% |
Source: WEICHERT REALTORS ASBURY GROUP-AC #527675 Report a problem | ||
| 7/11/2000 | Sold | $60,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,167 | $120,700 |
| 2024 | $4,167 -3.2% | $120,700 |
| 2023 | $4,303 -8.6% | $120,700 |
| 2022 | $4,709 -0.8% | $120,700 |
| 2021 | $4,748 +8.4% | $120,700 |
| 2020 | $4,382 +61% | $120,700 +9.7% |
| 2019 | $2,722 | $110,000 |
| 2018 | $2,722 -57.3% | $110,000 -33.3% |
| 2017 | $6,369 +3.4% | $165,000 |
| 2016 | $6,160 +2.2% | $165,000 -8.3% |
| 2015 | $6,026 +3.1% | $180,000 |
| 2014 | $5,847 +30.6% | $180,000 -21.7% |
| 2012 | $4,478 -22.7% | $230,000 |
| 2011 | $5,796 +5.6% | $230,000 -28.2% |
| 2010 | $5,488 +2.8% | $320,400 |
| 2009 | $5,338 +96.2% | $320,400 |
| 2008 | $2,720 +0.8% | $320,400 +338.9% |
| 2007 | $2,698 | $73,000 |
| 2006 | -- | $73,000 |
| 2005 | -- | $73,000 |
| 2004 | -- | $73,000 |
| 2003 | -- | $73,000 |
| 2002 | -- | $73,000 |
| 2001 | -- | $73,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 08401
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