Palmyra's Duplex Delights: Elegant Co-Living

4,009 SqFt. ⋅ 0.17 Acres ⋅ NJBL2119524 MLS ⋅ 13 DOM ⋅ ACTIVE Status

A rare opportunity to live beautifully while rental income helps offset your mortgage! This extraordinary 1876 triplex pairs a stunning, move-in-ready owner's residence with income-producing apartments, offering an ideal setup for an owner-occupant, investor, or multigenerational household. With over 4,000 square feet beneath a timeless slate roof, the property has been thoughtfully restored to preserve its historic character while incorporating the modern conveniences today's buyers appreciate. The fully renovated owner's residence at 307 Leconey Avenue has been transformed from top to bottom while retaining the architectural details that make this home so special. An inviting enclosed front porch opens to a gracious foyer with soaring ceilings, original millwork, a transom window, decorative fireplace, and wide-plank flooring. The stunning new kitchen features shaker cabinetry, quartz countertops, stainless steel appliances, and flows into spacious dining and family rooms. Upstairs are three generous bedrooms and a tastefully renovated full bath, while the finished third floor provides two additional rooms ideal for a home office, guest space, or playroom. A brand-new HVAC system with central air services the first and second floors. On the rental side, 305 A&B, the first-floor apartment is occupied on a month-to-month basis, giving the next owner options for future occupancy or a new lease at current market rent. The spacious second- and third-floor apartment is occupied by exceptional long-term tenants with a proven history of on-time rent payments, providing dependable income through the end of 2027. Both rental units include full basement storage, with laundry in the first-floor apartment and basement laundry for the upper unit. Also included in the sale is a 50x150 lot currently used by tenants for off-street parking. Income-producing and rich with historic character, this distinctive property offers the space and versatility to make it your own while building long-term value. Stop by the open house on Sunday, August 30th from 1-4 p.m. to tour this amazing property!

305-307 Leconey Ave, Palmyra

$650,000

3,450 SqFt. ⋅ 0.19 Acres ⋅ NJBL2117742 MLS ⋅ 42 DOM ⋅ ACTIVE Status

Step into a world of timeless elegance with this stunning Colonial home, built in 1920 and brimming with character. Nestled on a generous 0.19-acre corner lot, this detached residence boasts a unique blend of classic craftsmanship and modern comforts, making it a true sanctuary. The first unit features 4 bedrooms and 4.5 bathrooms, while the second unit offers 4 bedrooms and 1 full bathroom. A fireplace adds warmth and charm to the main living area, and the unfinished basement provides ample storage or future finishing potential. Each unit has its own laundry room with washer/dryer, boiler and hot water heater and separate gas and electric. The exterior features a combination of stone, frame, and vinyl siding, along with a big yard and detached two-car garage and additional on-street parking. Conveniently located near shopping, dining, schools, parks, public transportation, and major highways, this property offers easy access to everyday amenities while providing exceptional space and flexibility. Don't miss this rare opportunity to own a well maintained multi unit property with endless potential. Schedule your private showing today!

740 Morgan Ave, Palmyra

$605,000

3,232 SqFt. ⋅ 0.17 Acres ⋅ NJBL2104846 MLS ⋅ 15 DOM ⋅ CLOSED Status

420 Cinnaminson Ave is a well-located 4-unit multifamily property offering 8 bedrooms, 4 full bathrooms, and approximately 3,232 square feet of living space. The property features four separate units, with one unit currently vacant. Conveniently located within walking distance to Palmyra High School and close to local shopping, dining, and major transportation routes,

420 Cinnaminson Avenue, Palmyra

$540,000

2,187 SqFt. ⋅ 0.26 Acres ⋅ NJBL2102354 MLS ⋅ 26 DOM ⋅ CLOSED Status

IDEAL OWNER/OCCUPIED DUPLEX OPPORTUNITY RENOVATION JUST COMPLETED! "Charming" describes this immaculate Craftsman style Home. PREMIUM sought after LOCATION Walk to town and Riverton Country Club area. HIGHLIGHTS: BRAND NEW Gourmet Kitchen w/LOTS of Quality Cabinetry: Oversized farmhouse sink, marble counters, stainless appliances, 2' x 2' tile flooring, 2 lazy-Susan corner cabinets, & more. Expansive Living Room with refinished hardwood flooring (with inlay) and impressive stone fireplace (unvented gas logs to be installed). Oversized Primary (19' x 12") Bedroom w/walk-in closet w/adjacent REMODELED primary Bathoom w/Claw-foot Tub/Shower. UPDATED Main Bath w/NEW Vanity, NEW tile flooring, newly epoxy coated tub & shower stall & ship-lap feature wall. 3rd level w/Bedroom PLUS Bonus room & Walk-in Attic. Partially finished Basement plus large storage area. Legal Duplex featuring a Cozy 1 Bedroom Apt (currently renting at $925 per month). Almost forgot the front porch an ideal place to relax & entertain...DETACHED 3 CAR GARAGE too! Truly a delightful place to call "home".

802 Lincoln Avenue, Palmyra

$415,000

2,522 SqFt. ⋅ 0.09 Acres ⋅ NJBL2093360 MLS ⋅ 117 DOM ⋅ CLOSED Status

Back to Active. Buyer wasn't able to secure financing. Investment opportunity. Side by Side Duplex. Separately metered Gas and Electric. Each side has 3 Bedrooms, 1 Full Bath, Large Eat-in Kitchen and spacious Family Room as well as private basement. Newer Luxury Vinyl Flooring in both units. Move-in Ready.

279-281 Arch Street, Palmyra

$565,000

3,450 SqFt. ⋅ 0.19 Acres ⋅ NJBL2096640 MLS ⋅ 50 DOM ⋅ CLOSED Status

This duplex consists of 2 four bedroom apartments. Unit #1 is a 4 bedroom 4 1/2 bath and unit #2 is a 4 bedroom 1 bath. Has a 2 car garage and plenty of street parking as it is located on the corner lot. Each unit has it's own boiler and hot water heater and the gas and electric is separated.

740 Morgan Avenue, Palmyra

$340,000

1,408 SqFt. ⋅ 0.17 Acres ⋅ NJBL2090188 MLS ⋅ 13 DOM ⋅ CLOSED Status

Welcome to this charming Duplex located on a corner lot, offering strong potential for both owner-occupants and savvy investors alike! Ideally located just minutes from the Tacony-Palmyra Bridge, Route 130, and Route 70, this property offers easy access to Philadelphia and major commuting routes. The first-floor unit features a spacious 1-bedroom, 1-bath layout with eat-in kitchen, living room, and an enclosed front porch—perfect for relaxing or extra living space. Upstairs, the second unit offers 2 bedrooms, 1 full bath, kitchen, living room, plus access to a private deck, providing added outdoor living. Each unit has its own entrance, creating privacy and flexibility for tenants or multi-generational living. Plus, there is a basement with room for storage and a fenced-in backyard for summer enjoyment! Whether you're looking to live in one unit and rent the other, or add a fully occupied property to your portfolio, this home is a smart move. ***This property is eligible for the "Pathway to Prosperity" program! Prosperity Home Mortgage is offering a grant of up to $10,000 in financial assistance to the buyer of this property, if using as their primary residence.***

455 Horace Avenue, Palmyra

$298,000

2,016 SqFt. ⋅ 0.18 Acres ⋅ NJBL2087860 MLS ⋅ 11 DOM ⋅ CLOSED Status

***HUD Accepted an offer on 6/4*** HUD Case 351-502784. Amazing opportunity for househacking or multi generational living in Palmyra. Rarely available Duplex with all separate utilities. Unit 1(#317) is a cozy 1 bedroom unit consisting of a bedroom, living room, kitchen and a full bath. This unit has a newer heater, private driveway and private basement. Unit 2 (#319) is a bi-level unit and has a Living room, dining room, Kitchen, half bath and a laundry rom on the first floor along with 3 bedrooms and a full bath on the second floor. This unit is serviced by baseboard gas heat, also has a private driveway, private basement and a spacious side yard. HUD Homes are sold as is; no repairs allowed prior to settlement. Per HUD Appraisal, FHA Financing is available with IE (Insured Escrow) . Available to Owner occupants only for the first 30 days, with initial offers due by 11:59pm on 06/03/2025 (highest offer received during this period that is acceptable to HUD is accepted- no opportunity for Highest and Best, so place offers accordingly), and then daily. Investors may place offers starting 06/24/2025. Buyer responsible for payment of transfer tax/any and all inspections/certifications, including Certificate of Occupancy. Buyer may activate utilities with HUD approval.

317 W 4th Street, Palmyra

$425,000

1,989 SqFt. ⋅ 0.2 Acres ⋅ NJBL2081246 MLS ⋅ 94 DOM ⋅ CLOSED Status

This well-maintained duplex features one 2-bedroom, 1-bath unit and one 3 bedroom 1 bath unit each offering recent updates as well separate entrances in the front and back of each unit. Unit 1 has been recently upgraded with new replacement windows, new vinyl plank ﬂooring in the kitchen and bathroom, a new exterior door, and freshly painted bedrooms. This unit also has access to the basement and laundry. Currently tenant-occupied, the tenant would prefer to stay, but the unit can be delivered vacant if preferred. Unit 2 is vacant and has also been freshly painted and features reﬁnished hardwood ﬂoors, new vinyl plank ﬂooring in the kitchen and bathroom, replacement windows, a new exterior door, as well as a private rooftop deck overlooking the backyard. Estimated rent for Unit 1 is 1,900(+) per month and estimated rent for Unit 2 is 2,100 (+). In addition to the spacious units, this property includes a 2-car detached garage with a new roof, offering extra storage or the potential for additional income. Located in a quiet residential neighborhood, this duplex is just minutes from Philadelphia, with easy access to Route 73, the Tacony-Palmyra Bridge, and the train. Close to parks, schools, shops and a short walk to the river, this property is a great opportunity for both investors and owner-occupants. For more information, please contact the listing agent.

401 Morgan Avenue, Palmyra

$650,000

5,000 SqFt. ⋅ 0.21 Acres ⋅ NJBL2079342 MLS ⋅ 15 DOM ⋅ CLOSED Status

EXCEPTIONAL OPPORTUNTY! “Turn-Key” Mixed Use Building PREMIUM LOCATION directly across from Light Rail Commuter Line Station & Walking distance to WAWA and more. 1st-Level features: (2) Store-fronts (with Double Box Display Windows PLUS Basement storage). 2nd-Level features: (3) Apartments (Two 2 Bedroom & 1 Bedroom Studio. Confidential Income & Expense Breakdown available upon request. Sftg. is approx. Limited showing times (in order not to disturb existing tenants) will be scheduled directly with listing agent/owner ONLY on Saturdays from 11am-2pm.

11-13 E Broad Street, Palmyra

$347,000

2,248 SqFt. ⋅ 0.32 Acres ⋅ NJBL2078292 MLS ⋅ 9 DOM ⋅ CLOSED Status

This versatile duplex on a large double corner lot presents a prime investment opportunity! Located in the desirable Palmyra neighborhood, it offers the flexibility to live in one unit and rent out the other, or combine them into a spacious single-family home. With its proximity to shops, stores, and the train station, and major city commutes, this property is ideally situated. The duplex features 2 bedrooms and 2.5 bathrooms & some bonus rooms for additional living space. The upstairs apartment has a bedroom, its own kitchen and living room with two large attic bonus rooms. The main floor unit offers a large, open bedroom and a bonus room that could be an office or livable space. Underneath the current flooring, hardwood floors await, adding a touch of classic elegance. The main unit also has access to the large basement with plenty of additional space for a variety of uses such as workshop or billiards. The 2-car garage with overhead storage completes this impressive property. There’s also a large crawl space for more storage. Don't miss this chance to own a duplex with immense potential. Contact us today to schedule a viewing!

835 Cinnaminson Avenue, Palmyra

$275,000

0.07 Acres ⋅ NJBL2067322 MLS ⋅ 176 DOM ⋅ CLOSED Status

Don't Miss this Mixed use 2 unit building on Broad St in Palmyra. The upstairs is a renovated 3 bedroom 1.5 bathroom apartment with hard word floors, nice sized rooms, on the end of the strip center. This unit currently rents for $1,520 per month. The downstairs is a beautifully renovated office or retail space, currently vacant waiting for the right business. Previously a Real Estate office this space has great visibility from the main road with tall glass windows and French door entrance. The space has an open main room with hardwood floors, high ceilings, a separate common area sink area, and a handicap accessible bathroom. There is also a separate area off the main room for storage and a shower area. From the Main room there is another space that was used as a large conference room, then finally there is a back room that could be used as an office or storage. The unfinished basement has plenty of room for extended storage. Through the backdoor there is an back yard . Total Utilities are approx $5,700 per year, taxes are $9,260

117 E Broad Street, Palmyra

$340,000

1,568 SqFt. ⋅ 0.2 Acres ⋅ NJBL2074518 MLS ⋅ 10 DOM ⋅ CLOSED Status

Duplex/Multi Family Unit on large corner lot with sports complex across the street! Live on one side and rent out the other or purchase this as an investment opportunity with two rental units available (Approximately $3000 combined rental income available). Traditional ranch built as a duplex and registered with Palmyra as a rental property. Currently owner occupied on one side and rental on other. Side A offers two bedrooms and one full bath with many updates throughout, while side B offers one bedroom and one full bath. New Roof on entire home in 2018 Side A - 2 Bedroom, 1 Bath with living room, dining room and full updated eat in kitchen with island and peninsula with seating. Updated flooring as well as newer HVAC. Basement access on this side which covers the entire length of the home. Basement laundry for Side A as well as front and back door access on main floor. Monthly Side A rental potential approximately $1,800. Side B - 1 Bedroom, 1 Bath with living room and kitchen. Updated heater (no central air on this side). Monthly Side B rental potential approximately $1,200. Conveniently located to public transportation, minutes to shopping and all major highways, 10 minutes over the bridge to Philadelphia. Make your appointment today!

617 Park Avenue, Palmyra

$345,000

1,864 SqFt. ⋅ 0.14 Acres ⋅ NJBL2072820 MLS ⋅ 20 DOM ⋅ CLOSED Status

Looking to bring your investment dreams to life, or add to your portfolio? Located in the heart of downtown Palmyra, this income generating multi-family property features 2 units each with 2 bedrooms and 1 bathroom. The downstairs unit has access to additional space and storage in the full basement, while the upstairs unit has access to additional space in the attic. The downstairs unit features a spacious kitchen with a laundry room and access to the backyard and side driveway. The upper level can be accessed through the front porch area with tons of natural light, a perfect area for relaxing and taking in the scenery. Each unit has its own driveway, separate meters and water heaters. There is an additional separate meter for the heat. Upstairs unit currently rented at $1,300 a month (on month to month rental). Downstairs unit was rented for $1,400 a month. Both rental amounts can easily be increased with a little modernization. Close to the Riverline, Restaurants, Bars, Shopping and Transportation, this duplex is the perfect missing piece to your portfolio.

739 Cinnaminson Avenue, Palmyra

$429,000

2,240 SqFt. ⋅ 0.17 Acres ⋅ NJBL2066444 MLS ⋅ 11 DOM ⋅ CLOSED Status

This is a great opportunity to own a well-maintained duplex in Palmyra, NJ. Centrally located near public transit and within walking distance to shops and more, this duplex will make a great investment or owner-occupant situation. This property features 2 separate units, the first floor being a one-bedroom, one-bath unit that is currently rented at $1,400 until 5/31/25. The second-floor unit is a 3 bedroom, 1 bath unit that is currently vacant if a buyer wants to occupy the duplex. This has been left vacant on purpose. Estimated rent for the 3-bedroom unit is $2,200(+) per month. Each unit has its own washer, dryer, central heat, and AC. There is a common entry point for both units through the front door. The lower unit has a private entrance from the back. Off-street parking is a plus here, along with a 2-car detached garage that could also be rented for additional income or used by the owner for storage. Outdoor space features a backyard & a Trex deck with a retractable awning. Both units were just freshly painted. The lower unit just had a new kitchen installed and new carpets in the bedroom. For more information, please contact the listing agent.

515 Cinnaminson Avenue, Palmyra

$425,000

2,400 SqFt. ⋅ 0.34 Acres ⋅ NJBL2058748 MLS ⋅ 58 DOM ⋅ CLOSED Status

MULTIPLE OFFERS, BEST AND FINAL DEADLINE 5/19/2024 7PM. Introducing a fantastic investment opportunity in Palmyra! The downstairs unit boasts impressive high ceilings, basement storage, three bed rooms and one bath. This unit is currently tenant-occupied, with a lease secured until August 2024. Upstairs, discover a charming space featuring two bedrooms and one bath, leased until October 2024. The bonus/storage space in the attic adds versatility to the upper unit. Recent upgrades include water heater replacements in 2023 and a newer boiler (replaced in 2020) ensuring efficiency throughout. Positioned in an "Opportunity Zone," this property maximizes profits for savvy investors. Each unit has its own separate electric meter, washer, and dryer. Don't miss out – seize this opportunity for financial growth!

507 Maple Avenue, Palmyra

$265,000

1,920 SqFt. ⋅ 0.09 Acres ⋅ NJBL2060194 MLS ⋅ 15 DOM ⋅ CLOSED Status

NOW VACANT - buyer financing fell thru! Offers due by 6/11 5pm. Spacious corner property ideal for house hacking, live in one unit, rent the other to offset your mortgage. Great income property located in Palmyra, one of NJ’s Opportunity Zones. Invest now with tax saving opportunities. Solid Duplex with a first floor spacious 3 bedroom 1 bath, to be delivered vacant with rental potential of $1850 + per month. Second floor unit, 2 Bed 1 bath, potential $1600+ . Some major components updated within the last few years like roof, and parging in the basement, gas heat unit completely rebuilt. Some cosmetics will allow this property to max out on market rental rates. Quiet residential neighborhood with oversized wood deck for tenant’s enjoyment, spacious rear yard and covered carport. As-is sale, buyer responsible for twp CO transfer.

518 Race Street, Palmyra

$455,000

2,214 SqFt. ⋅ 0.17 Acres ⋅ NJBL2061024 MLS ⋅ 10 DOM ⋅ CLOSED Status

Excellent opportunity for the investment minded Buyer. Duplex for sale with 2 completely remodeled units in an excellent location in Palmyra, short walk to shops, stores and the train. Charming exterior with freshly painted siding and covered front porch leads to the main foyer. From here you can access both units. Unit #1 is on the main floor, hosts 2 bedrooms, 2 bathrooms and a laundry room. Note the primary suite with fantastic bathroom including freestanding soaking tub and separate oversized shower with glass enclosure. From the primary suite you can access the laundry room and back deck that overlooks the gracious back yard. Moving on to Unit #2, located on the 2nd and 3rd floors and accessed from the staircase in the main foyer. This portion was just completed with new resilient flooring, interior doors and trim, fresh paint, remodeled kitchen and bathrooms and more. On the 2nd floor you will find living room, kitchen, 2 bedrooms and a full bathroom. The 3rd floor has charming 3rd bedroom with walk in closet/dressing area and another full bathroom. Must give ample notice to see the tenant occupied Unit #1. (**Lease in place for Unit #1 through Oct 2025**) The property has ample driveway parking for 2+ cars, a basement with plenty of storage, nice back yard play space and small storage shed. Live in one unit and or rent both units for double the cash flow. Properties to rent remain in demand and in low supply, especially properties that look like this!

505 Leconey Avenue, Palmyra

$560,000

1,408 SqFt. ⋅ 0.13 Acres ⋅ NJBL2055834 MLS ⋅ 12 DOM ⋅ CLOSED Status

Rare Opportunity . Side by side Twins. One Owner Occupied for years with Rental income with the twin next door. Built in 1937. Both #806 and #808 are for Sale separately. Both are in very good condition. Both have 3 bedrooms and 1 Bath. Both have Solid hardwood floors throughout. Both have 2 zoned central air conditioning, gas fired hot water radiator heat, Full basements and Floored Attic, plaster walls, updated kitchens and baths, formal dining room with built-in china cabinets. Windows have been replaced Newer roof, New Stucco and Siding. Mature gardens established by Love for many years. #806 has a sunroom and French doors. #808 has a gas fireplace. Both have separate tax ID's #806 has a detached garage, however owning both units, the garage can continue to be used by #808. Lead Safe Certificate Available #806, Subject to Tenants Lease ending Sept 16, 2024, $23700 annual rental income ,at $1975 month .Do not disturb tenant. Available by appointment only with 24 hour notice.

808/806 Morgan Avenue, Palmyra

$335,000

1,400 SqFt. ⋅ 0.09 Acres ⋅ NJBL2053150 MLS ⋅ 50 DOM ⋅ CLOSED Status

Rare newly renovated multi-family home on a corner lot located across the street from the River Line train! The home features two units. Rent one and live in the other or rent them both! Both units are vacant. Enter the downstairs unit A through the screened in front porch or through the back door. The backyard has a brand new deck perfect for relaxing and the driveway. Unit A includes 1 bedroom and 1 full bath. Enter the upstairs unit B through the side door through the screened in front porch. Inside this unit you will find 2 beds 1 full bath plus a third floor loft that can be utilized as an additional bedroom, lounge area, or functional space that fits your needs. Both units have been fully renovated including completely new bathrooms, kitchens, paint, flooring, and lighting fixtures. 200 AMP electrical service, and newer heating systems for both units. Additionally, both units have basement access through the outdoor bilco doors for additional storage plus a washer and dryer. This home is ready to move right in and ready for immediate income generation!

600 W 6th Street, Palmyra

Palmyra NJ Multi-Family Listings - Recent Solds

Palmyra, NJ 08065 Multi-Family Homes for Sale