Wilmington DE Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1920
Baths:
MLS#:
DENC2073720

ADDITIONAL INFORMATION

Buy this home with little to NO money down. This beautifully renovated multi-family home qualifies for multiple grants and subsidy programs that can exceed $10,000 in free money and closing assistance. Become a homeowner and live rent free. Ask about the subsidy grants, forgivable down payment assistance , and the City of Wilmington First Start Program. Quality describes this remodeled duplex home located in the City of Wilmington. Both units are identical to each other! The main living area features a wide open living room with luxury plank flooring, recessed lighting and fresh paint. This space opens up into the open concept dining area with plenty of room to dine and entertain. The gorgeous brand new kitchen boasts stunning quartz countertops, modern white shaker cabinets, custom backsplash, and a brand new stainless steel stove, microwave and dishwasher. Two large bedrooms are down the hall from the living room with plenty of closet space. The full bathroom features tile flooring, contemporary vanity, and a full sized shower. Conveniently located close to downtown Wilmington, the Riverfront, popular breweries and restaurants, Rt 202, I-95, nightlife, shopping and more! Move right in feeling at ease with all of the major components of the home being updated!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1900
Baths:
MLS#:
DENC2073436
Subdivision:
Wilmington

ADDITIONAL INFORMATION

Multi-Family Property that produces a great income with four rentable units located near the Triangle area in the City of Wilmington! This well maintained building is situated on a wide quiet street with parking on both sides of the road for the tenants and is located in a convenient spot near I-95. With the inviting front porch and historic charm this building has great curb appeal. Entering the property through the main door there is a vestibule for mail and then a secure door to enter the building. Unit 1 features two bedrooms with a spacious kitchen which is large enough for a table and includes a large pantry, gas cooking, and a newer LVP floor. There is also a separate living room, full bath, and a large hallway closet. There is a bonus room off the back of one of the bedrooms that can used in many ways. Units 2 and 3 are located on the second floor and unit 4 is located on the third floor. All three of these units are currently occupied and will be income producing right from the start! This property is equipped with separated gas meters, water heaters, electric panels, and heaters making it extra appealing for an investor renting the units. With adding a tenant to the unit 1 this property would bring in a total income of close to $5,000 a month! Having the first floor unit vacant allows for an owner occupant investor as well. Schedule your showing today so you don’t miss out on this great investment opportunity!

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1925
Baths:
MLS#:
DENC2072772
Subdivision:
Wilm #04

ADDITIONAL INFORMATION

Multi-Family MLS# - DENC2072772 5 Unit detached Residential property with 2 car attached garage. All units are occupied. Rear fenced courtyard. Large basement with exterior entrance. Three 1 bedroom units, and two 3 bedroom units. Owner pays water/ hot water, trash and sewer. Tenants pay all utilities. Property being sold "AS-IS" Seller offering $5000.00 credit with acceptable offer. Please provide proof of fund or renovation loan pre-approval. Closing Attorney to hold Ernest deposit. Unit showings limited to Saturdays between 11.00 am and 12.00 pm

Type:
Single Family-Detached
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Year built:
1930
Baths:
MLS#:
DENC2067984

ADDITIONAL INFORMATION

Calling all business owners & investors. Here is your opportunity to seize the chance to own a unique property with two apartments and a large commercial building. Situated just outside the city limits, this opportunity is ideal for investors and entrepreneurs ready to make their mark in real estate. With endless income possibilities, this property is a dream for those with ambition. The property features a new roof installed 2024, large parking area, zoned CR. This versatile building can accommodate just about any business you can think of. Don't miss out - schedule a showing today!

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1906
Baths:
MLS#:
DENC2066408

ADDITIONAL INFORMATION

Welcome to an unparalleled investment opportunity on a major thoroughfare in the City of Wilmington, featuring two side-by-side buildings with immense potential. Building 1 houses an actively licensed liquor store on the ground level, with a 3-bedroom, 1-bathroom apartment above. The included liquor license likely provides market exclusivity within a half-mile radius, offering a stable income stream and deterring competition. Building 2 is comprised of three units: an unfinished commercial space and an efficiency unit on the first floor, with a 3-bed, 1-bath unit on the second floor. Both buildings require significant rehabilitation, making them perfect for a savvy investor looking to add value. Located in a prime urban setting, these properties offer diverse rental and commercial opportunities, enhanced by Wilmington's ongoing development. Don't miss this rare chance to secure a key piece of Wilmington's real estate market and capitalize on its growth potential. Schedule your tour today! Both Parcels - 26-022.20-440 & 26-022.20-439 are included in the sale.

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.03 Acres
Year built:
1935
Baths:
MLS#:
DENC2061712
Subdivision:
Ninth Ward

ADDITIONAL INFORMATION

Both two bedroom units have been renovated, new kitchens, paint, flooring and hvac systems with central a/c units. Second floor is rented for $1200, just finished first floor, projected rent is $1400. Solid investment in a good area, nice properties to add to your investment portfolio. Seller is related to a Delaware Realtor, Call to view.

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.



Wilmington Real Estate

The median home value in Wilmington, DE is $273,100. This is lower than the county median home value of $311,200. The national median home value is $338,100. The average price of homes sold in Wilmington, DE is $273,100. Approximately 38.44% of Wilmington homes are owned, compared to 49.53% rented, while 12.03% are vacant. Wilmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wilmington real estate agent to arrange a tour today!

Wilmington, Delaware 19802 has a population of 70,926. Wilmington 19802 is less family-centric than the surrounding county with 24.24% of the households containing married families with children. The county average for households married with children is 27.86%.

The median household income in Wilmington, Delaware 19802 is $49,354. The median household income for the surrounding county is $78,428 compared to the national median of $69,021. The median age of people living in Wilmington 19802 is 36.3 years.

Wilmington Weather

The average high temperature in July is 86.1 degrees, with an average low temperature in January of 25.2 degrees. The average rainfall is approximately 44.7 inches per year, with 13 inches of snow per year.

Wilmington Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    81
    30-day change

Wilmington Schools and Demographics

Education near Wilmington, DE

Metric City County
High School Graduates 89.02 92.37
College Degree - 2 year 6.09 7.57
College Degree - 4 year 30.56 37.55
Graduate Degree 8.72 11.48
Expenditures per Student 19,973 19,973
Students per Teacher 14.1 14.1

Elementary Schools near Wilmington, DE

School Grades Students P/T Ratio ZIP
Bancroft Elementary School PK - 05 401 10.3 19801
Delaware College Preparatory Academy KG - 04 190 17.3 19802
East Side Charter School KG - 08 418 11.9 19802
Edison (Thomas A.) Charter School KG - 08 745 14.3 19802
Elbert-Palmer Elementary School PK - 05 257 11.2 19801
First State Montessori Academy 01 - 06 230 16.9 19801
Harlan (David W. ) Elementary School KG - 05 393 12.3 19802
Highlands Elementary School KG - 05 368 12.7 19806
Kuumba Academy Charter School KG - 06 424 15.1 19801
Lewis (William C.) Dual Language Elementary School KG - 05 470 12.7 19806
Mount Pleasant Elementary School KG - 05 764 13.9 19809
Shortlidge (Evan G.) Academy KG - 05 315 10.9 19802
Stubbs (Frederick Douglass) Elementary School KG - 05 310 14.8 19801
Warner Elementary School KG - 05 529 9.1 19802

Middle Schools near Wilmington, DE

School Grades Students P/T Ratio ZIP
Delaware Design-Lab High School 09 - 12 0 19801
DuPont (Pierre S.) Middle School 06 - 08 951 13.6 19802
Prestige Academy 05 - 08 246 13.7 19802
The Delaware Met 10 - 10 0 19801

High Schools near Wilmington, DE

School Grades Students P/T Ratio ZIP
Mount Pleasant High School 09 - 12 1,120 14.2 19809

Ungraded Schools near Wilmington, DE

School Grades Students P/T Ratio ZIP
* Howard High School of Technology 09 - 12 940 13.1 19801
* PYLE (Sarah) Academy 09 - 12 104 7.4 19801
First State School 06 - 12 22 5.5 19899
Moyer (Maurice J.) Academy 06 - 12 208 12.2 19802

Demographics near Wilmington, DE 19802

Metric Zip Code City
Neighborhood Type Inner City
Population 70,926 567,769
Population Density 6,505 1,332
Median Age 36.3 38.8
People per Household 2.2 2.5
Median Household Income 49,354 78,428
Average Income per Capita 33,567 41,428