1131 S Broom St, Wilmington, DE 19805
Local realty services provided by:CENTURY 21 Advantage Gold
1131 S Broom St,Wilmington, DE 19805
$580,000
- 9 Beds
- - Baths
- 4,650 sq. ft.
- Multi-family
- Pending
Listed by: daniel shainsky, eric brinker
Office: coldwell banker realty
MLS#:DENC2095232
Source:BRIGHTMLS
Price summary
- Price:$580,000
- Price per sq. ft.:$124.73
About this home
Discover a rare and high-yield investment opportunity with this versatile multi-structure property situated on a single parcel in Wilmington’s Cleland Heights. This unique setup features two distinct buildings, offering a great mix of four move-in ready renovations and significant value-add potential. The first structure is a two-story building housing two fully updated upper-level apartments and a large driveway offering plenty of off-street parking. These two-bedroom units feature top-to-bottom improvements, including durable LVP flooring, modern grey cabinetry, and bright white bathrooms, all supported by new 2023 HVAC systems and private in-unit laundry. Below them, a large lower-level space with existing bath presents a prime opportunity to build out a fifth unit (3-bed), a professional office, or functional garage bays. The second structure is a classic Cape Cod divided into a spacious two-bedroom unit on the main level and a three-bedroom unit on the 2nd floor. The upper unit features a private mudroom entrance, original solid hardwoods, and a kitchen with dark cabinetry, while the large lower unit has a fully renovated kitchen and an updated bathroom with marble tile surrounds. This unit can function as a 3-bed if desired by the tenants. Both Cape Cod units include their own laundry and fresh paint throughout. Further adding to the value, the Cape Cod building includes a full basement with separate gas boilers and separately metered electric, offering excellent storage or the potential for a sixth unit conversion. Whether you are looking for a solid house-hacking setup or a high-performing addition to your rental portfolio, this property delivers updated finishes and plenty of room to grow your equity in one package.
Contact an agent
Home facts
- Year built:1940
- Listing ID #:DENC2095232
- Added:50 day(s) ago
- Updated:March 03, 2026 at 08:30 AM
Rooms and interior
- Bedrooms:9
- Flooring:Hardwood, Luxury Vinyl Plank
- Basement:Yes
- Basement Description:Full, Outside Entrance
- Living area:4,650 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Pitched, Shingle
- Year built:1940
- Building area:4,650 sq. ft.
- Lot area:0.21 Acres
- Architectural Style:Cape Cod, Carriage House, Converted Dwelling
- Construction Materials:Brick
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$580,000
- Price per sq. ft.:$124.73
- Tax amount:$2,806 (2025)
New listings near 1131 S Broom St
- Coming Soon
$549,900Coming Soon4 beds 3 baths16 Ault Ct, WILMINGTON, DE 19808
MLS# DENC2097806Listed by: REAL OF PENNSYLVANIA - New
$350,000Active4 beds 2 baths1,850 sq. ft.8 E 39th St, WILMINGTON, DE 19802
MLS# DENC2096214Listed by: PANTANO REAL ESTATE INC - New
$7,500Active0.02 Acres1103 Brandywine St, WILMINGTON, DE 19802
MLS# DENC2097938Listed by: CROWN HOMES REAL ESTATE - New
$7,500Active0.02 Acres1105 Brandywine St, WILMINGTON, DE 19802
MLS# DENC2097940Listed by: CROWN HOMES REAL ESTATE - New
$7,500Active0.02 Acres1107 Brandywine St, WILMINGTON, DE 19802
MLS# DENC2097944Listed by: CROWN HOMES REAL ESTATE - Coming Soon
$589,900Coming Soon4 beds 3 baths141 Belmont Dr, WILMINGTON, DE 19808
MLS# DENC2097676Listed by: BHHS FOX & ROACH - HOCKESSIN - New
$265,000Active1 beds 1 baths530-unit Harlan Blvd #g722, WILMINGTON, DE 19801
MLS# DENC2097918Listed by: BHHS FOX & ROACH-KENNETT SQ - Coming Soon
$240,000Coming Soon3 beds 2 baths318 W 39th St, WILMINGTON, DE 19802
MLS# DENC2097922Listed by: UNITED REAL ESTATE - Coming Soon
$460,000Coming Soon4 beds 3 baths404 N Lynn Dr, WILMINGTON, DE 19809
MLS# DENC2097936Listed by: PATTERSON-SCHWARTZ-NEWARK - New
$439,900Active3 beds 2 baths1,700 sq. ft.19 Whitekirk Dr, WILMINGTON, DE 19808
MLS# DENC2097954Listed by: RE/MAX ELITE