1220 W 4th St, Wilmington, DE 19805
Local realty services provided by:CENTURY 21 Mertz & Associates
1220 W 4th St,Wilmington, DE 19805
$339,000
- 4 Beds
- - Baths
- 2,275 sq. ft.
- Multi-family
- Active
Listed by: jennifer j lee
Office: bhhs fox & roach-greenville
MLS#:DENC2105976
Source:BRIGHTMLS
Price summary
- Price:$339,000
- Price per sq. ft.:$149.01
About this home
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!...
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Home facts
- Year built:1900
- Subdivision & Development:NONE AVAILABLE
- Listing ID #:DENC2105976
- Added:50 day(s) ago
- Updated:September 09, 2026 at 01:38 PM
Rooms and interior
- Bedrooms:4
- Living area:2,275 sq. ft.
Heating and cooling
- Heating:Electric, Hot Water
Structure and exterior
- Year built:1900
- Building area:2,275 sq. ft.
- Lot area:0.04 Acres
- Architectural Style:Colonial
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$339,000
- Price per sq. ft.:$149.01
- Tax amount:$2,876 (2025)
Parking
- Parking description:On Street
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