115-117 W Poplar Avenue, Wildwood,NJ - ACTIVE

For Sale: $1,499,000

 MLS: 260794        Beds: 11        Baths: 7        Type: Apartment        Lot: 60-x90        DOM: 32 Days

Rare opportunity to acquire a 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and two spacious 3-bedroom condo-style units, providing a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. With the current price point of $1.499M, there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.

PROPERTY FEATURES & AMENITIES

Patio   Deck   Enclosed/Cov. Patio   Porch   Fenced Yard   Cable TV   Sidewalks   Outside Shower   Living Room   Dining Room   Kitchen   Eat In Kitchen   Dining Area   Laundry/Utility Room   Workshop   Storage Space   Heat Fuel:Electric   Heat Fuel:Baseboard   Heat Fuel:Multi-Zoned   Water Heater:Electric   Conventional   Other Financing   Basement:Crawl Space,Slab   Cooling:Electric   Cooling:Ceiling Fan   Cooling:Multi Zoned   City

PROPERTY MAP / LOCATION

Last Database Update: 04/30/2026

Let DAN BOWERSOCK be your Buyer Broker for this listing. Listing is provided by BERKSHIRE HATHAWAY HS FOX & ROACH sic. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.