$339,000
 $1,820 est/mo Sourced by Back At You

1220 W 4th St,WILMINGTON, DE 19805

WILMINGTON, DE 19805

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Description

Investor Opportunity - Income Producing Triplex in the Heart of Wilmington! Don't miss this rare opportunity to own a well-maintained triplex in the City of Wilmington. This income producing property is an excellent addition to any investment portfolio, with strong rental potential and a convenient central location. The first floor unit is a 1-bedroom, 1 bathroom apartment currently rented for $ 1,050/month, the second-floor unit is a 2-bedroom, 1 bathroom apartment has a new renter starting August 1 generating $ 1,100/month, and the third floor unit is a 2-bedroom, 1 bathroom apartment currently vacant but was previously rented for $ 1200/month, offering immediate upside for additional income. New roof December 2025, new boiler and updated electrical and flooring February 2025. Ideally situated just minutes from Amtrak, I-95, downtown Wilmington, shopping, restaurants and other local amenities, this property offers both convenience and strong rental appeal. Whether you're looking to expand your investment portfolio or purchase a propery with immediate cash flow and value-add potential, this triplex is an opportunity you won't want to miss. Schedule your showing today and take advantage of this competitively priced investment propery!

Details

MLS #DENC2105976
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1900
Days On Site48
Listing Provided ByBHHS Fox & Roach-Greenville | Jennifer J Lee

Features

SQ Feet2,275
Units1
Zoning26R-3
Acreage0.04

Interior

CoolingNone
Heating Yes / NoYes
HeatingHot Water

Exterior

Construction MaterialsBrick
Foundation DetailsOther

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2876

Area Information

StateDE
CountyNEW CASTLE DE
CityWILMINGTON
Zip Code19805
AreaWilmington (30906)
Community NameNONE AVAILABLE
School DistrictRED CLAY CONSOLIDATED
Listing VS Median (in NONE AVAILABLE)
Price:
$339,000
low | high
Med:
$359,900
43.834808259587% of Average
sqft:
2,275
low | high
Med:
1,560
81.450549450549% of Average
$ / sqft:
$149
low | high
Med:
$231
4.929314931132% of Average
On site:
48
low | high
Med:
35
100% of Average
Sourced by Back At You

Market Activity 19805

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Additional Information

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Coachmen Properties

Coachmen Properties

 (800) 878-9413admin@coachmenprops.com
StateDE
CountyNEW CASTLE DE
CityWILMINGTON
Zip Code19805
AreaWilmington (30906)
Community NameNONE AVAILABLE
School DistrictRED CLAY CONSOLIDATED
Listing VS Median (in NONE AVAILABLE)
Price:
$339,000
low | high
Med:
$359,900
43.834808259587% of Average
sqft:
2,275
low | high
Med:
1,560
81.450549450549% of Average
$ / sqft:
$149
low | high
Med:
$231
4.929314931132% of Average
On site:
48
low | high
Med:
35
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $254K - $423K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1218 W 4TH ST Property Photo 1
$245,000
1218 W 4th St
Wilmington, DE 19805
Listing Updated: September 2, 2026 at 11:57:28 AM PDT
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