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OPEN HOUSE - MEDITERRANEAN CONDOMINIUMS
405 OCEAN AVENUE, UNIT 206, NORTH WILDWOOD
MAY 31ST 2025 FROM 11 AM TO 1 PM - MORE INFORMATION!
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115-117 W Poplar Avenue, Wildwood, NJ - Active
For Sale: $1,499,000
Beds: 11     Baths: 7
Type: Apartment
    Lot: 60-x90     DOM: 19 Days
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PROPERTY DESCRIPTION
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.
FEATURES
  • 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 
  • Heating:Electric 
  • Heating:Baseboard 
  • Heating:Multi-Zoned 
  • Conventional 
  • Other Financing 
  • Assigned Parking 
  • Concrete Driveway 
  • Shared Driveway 
  • Heater:Electric 
  • Cooling:Electric 
  • Cooling:Ceiling Fan 
  • Cooling:Multi Zoned 
MAP / LOCATION
Last Database Update: //04/17/2026 04:15:10
ADDITIONAL PROPERTY PICTURES

Request Property Information - 115-117 W Poplar Avenue, Wildwood NJ

11 Bedroom(s)   |    7 Bathroom(s)   |    For Sale: $1,499,000   |   MLS Number: 260794  |
   Property Type: Apartment
Provided by: Don Martin Realty - www.donmartinrealty.com
(Information Above Will Appear at the Top of the Email that is Sent to Don Martin Realty)
SUBMIT
Let Don Martin Realty be your buyer agent 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.
Don Martin Realty - Summer Vacation Rentals and Real Estate in Wildwood New Jersey
Vacation Rentals: 609-522-3366
Sales / Real Estate: 609-729-8855
421 W. Spruce Avenue, North Wildwood
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