837 W 4th St, Wilmington, DE 19801
Local realty services provided by:CENTURY 21 Alliance
Listed by: kenneth van every
Office: keller williams realty wilmington
MLS#:DENC2097812
Source:BRIGHTMLS
Price summary
- Price:$395,000
- Price per sq. ft.:$174.16
About this home
Cash-flow investment opportunity. Your chance to own a profitable mixed-use investment property in the heart of the City of Wilmington. Its ready to go and has a strong rental history. The building offers an excellent opportunity for a first-floor business tenant (hair salon) along with two 2-bedroom apartments. Total rents are approximately $4,000 per month, creating strong income potential for an investment property.
Many major systems have been replaced in recent years, including water heaters, electrical panels, windows, and many interior finishes.
The first floor is currently operating as a hair salon and is very nicely laid out. A highly visible entrance with signage faces 4th Street and Adam Street on this corner property. An attractive entrance leads into a comfortable waiting area for clients. Toward the back is the main salon area with room for multiple stylists to work comfortably. The lighting and layout are well suited for salon use. Further back is the wash area with two stations, spacious and well equipped. A short hall leads to an additional studio space for private styling, with chair and lighting already in place. This floor is completed by a nicely decorated half bathroom available for client use.
The apartments are accessed through a side entrance on Adams Street. The common stairway leads to the second and third floor apartments, each with its own private entrance.
The second-floor apartment currently has a good tenant in place who would like to stay and maintains the apartment well. Rent is $1,200 per month, and the tenant pays electric and gas. Upon entering the apartment, the first bedroom is on the left and offers a generous closet. Toward the front of the property is the second bedroom, also with a good closet. The apartment includes an updated bathroom, followed by the kitchen, which offers generous counter space, a compact refrigerator, and ample cabinetry. The kitchen could also function as a small eat-in space. At the front of the property is the living room, which benefits from excellent natural light from both sides due to the corner location.
The third-floor apartment has a very similar layout to the second floor and is currently vacant. The unit has just been painted, updated with new flooring, and refreshed, making it ready for a new tenant. Estimated rent is $1,200 per month.
The basement contains separate utilities for the units, including four electrical panels (three units plus a landlord panel), three hot water heaters, and three gas furnaces, with two located in the basement and one located in a closet within the third-floor apartment. The basement also provides additional storage space.
Excellent location just off Adams Street and 4th Street. The property is walkable to the central business district, shopping, dining, convenience stores, transportation, the train station, bus routes, and many other Center City amenities.
48 hours notice required due to tenants in place....
Contact an agent
Home facts
- Year built:1983
- Listing ID #:DENC2097812
- Added:51 day(s) ago
- Updated:April 25, 2026 at 01:39 PM
Rooms and interior
- Bedrooms:4
- Rooms Total:15
- Flooring:Laminated, Luxury Vinyl Plank, Vinyl
- Kitchen Description:Built-Ins, Cooktop, Microwave, Refrigerator
- Basement:Yes
- Basement Description:Connecting Stairway
- Living area:2,268 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1983
- Building area:2,268 sq. ft.
- Lot area:0.02 Acres
- Architectural Style:Colonial
- Construction Materials:Brick, Masonry
- Exterior Features:Sidewalks, Street Lights
Schools
- High school:NEWARK
- Middle school:BAYARD
- Elementary school:PULASKI
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$174.16
- Tax amount:$5,980 (2025)
Features and amenities
- Amenities:Built-Ins, Ceiling Fan(s), Electric Available, Insulated Windows, Natural Gas Available, Replacement Windows
Parking
- Parking description:On Street
New listings near 837 W 4th St
- New
$525,000Active4 beds 3 baths1,725 sq. ft.2316 Shipley Rd, WILMINGTON, DE 19803
MLS# DENC2101628Listed by: RE/MAX ASSOCIATES-WILMINGTON - New
$204,000Active2 beds 1 baths1,077 sq. ft.7905 Pleasant Ct #7905, WILMINGTON, DE 19802
MLS# DENC2101496Listed by: TESLA REALTY GROUP, LLC - New
$1,000,000Active3 beds 4 baths3,179 sq. ft.112 Edgewood Rd, WILMINGTON, DE 19803
MLS# DENC2101632Listed by: EXP REALTY, LLC - Coming Soon
$235,000Coming Soon1 beds 1 baths105 Christina Landing #704, WILMINGTON, DE 19801
MLS# DENC2101630Listed by: REAL OF PENNSYLVANIA - Open Sat, 12 to 3pmNew
$449,900Active4 beds 2 baths1,975 sq. ft.226 Sandra Rd, WILMINGTON, DE 19803
MLS# DENC2101498Listed by: BHHS FOX & ROACH-GREENVILLE - New
$129,900Active3 beds 1 baths1,150 sq. ft.302 S Franklin St, WILMINGTON, DE 19805
MLS# DENC2101604Listed by: HEROES REAL ESTATE - Coming Soon
$229,999Coming Soon3 beds 1 baths1715 Sycamore St, WILMINGTON, DE 19805
MLS# DENC2101606Listed by: PATTERSON-SCHWARTZ-HOCKESSIN - New
$274,900Active3 beds 1 baths1,200 sq. ft.3200 N Madison St, WILMINGTON, DE 19802
MLS# DENC2101210Listed by: TESLA REALTY GROUP, LLC - New
$329,900Active4 beds 2 baths1,750 sq. ft.1 Latimer Dr, WILMINGTON, DE 19805
MLS# DENC2101544Listed by: LONG & FOSTER REAL ESTATE, INC. - Open Sat, 11am to 1pmNew
$329,900Active4 beds -- baths2,225 sq. ft.414 Friend Court, WILMINGTON, DE 19801
MLS# DENC2101574Listed by: LONG & FOSTER REAL ESTATE, INC.
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.