Sold

816 W 8th Street, Wilmington, DE 19801

Beds
7
Sqft
3,175

View property features, location on map, relevant school information and overview from seller's agent.

Listed byConcord Realty Group
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Overview

Excellent Investment Opportunity – Turnkey 5-Unit Apartment Building in Wilmington

A rare opportunity to acquire a fully operational, income-producing apartment building in the heart of Wilmington. This well-maintained, turnkey property features five units – two spacious 2-bedroom units and three 1-bedroom units.

Presently, four units are occupied, with one pending a new tenant, providing immediate cash flow. Rents are currently below market, presenting an opportunity for increased returns through rent adjustments. Most leases are month-to-month with long-term tenants.

The partially finished basement offers potential for an owner’s office or additional storage. Property is being sold as-is and is in good overall condition. Inspections are for informational purposes only.

Perfect for investors seeking strong rental demand and long-term growth potential.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
7
Square feet
3,175
Lot size (acres)
0.07
Year built
1920

Utilities

Heating
Electric, Baseboard
Cooling
Other, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$5,157

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: DENC2090758 Last checked:

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