$ 485,000
-
$485,000
Price -
4
Bed -
0
Bath -
1,975
SqFt
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About the Listing 55701 - 3291199
Photos Coming Soon!! Discover an incredible opportunity near one of Wilmington’s most beloved and walkable neighborhoods — vibrant, charming Trolley Square! This well-maintained triplex offers a blend of stable rental income, future value-add potential, and unbeatable location just steps from restaurants, cafés, local shops, nightlife, and community favorites. This 3-unit property includes two currently occupied one-bedroom apartments with leases secured through August 2026 — a fantastic benefit for investors seeking immediate and predictable cash flow. The top-floor unit is ready for its next chapter, offering a blank canvas for renovation to elevate rents and maximize returns. Whether updating the two bedroom into a space to add rental income or to create the perfect owner-occupied space — the upside is all yours. Whether you’re growing your investment portfolio or envisioning the perfect space to live and earn in a thriving location, this triplex checks all the boxes: income stability now with exceptional potential ahead.
Listing Highlights
Status
Pending
Days on Site
28
Property Type
Multi-Family
MLS ®
DENC2093544
Year Built
1900
Total Square Footage
1,975
Lot/Acreage
0.05
County
New Castle
Neighborhood
Forty Acres
Area
Wilmington (30906)
School District
Red Clay Consolidated
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1975
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Lot Dimensions: 16.00 x 133.30
- Zoning: 26R-4
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $6,718
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1531 Delaware Ave Wilmington, DE 19806
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