1220 W 4th St

Wilmington, DE 19805
  • $359,900

    Price
  • 4

    Bed
  • 0

    Bath
  • 2,275

    SqFt

About the Listing 61018 - 3163540

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!

Listing Highlights

Status Active
Days on Site 14
Property Type Multi-Family
MLS ® DENC2105976
Year Built 1900
Total Square Footage 2,275
Lot/Acreage 0.04

Interior Details

  • Bedrooms: 4
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Hot Water
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2275
  • 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: 17.80 x 100.00
  • Zoning: 26R-3
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $2,876
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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Questions About..

1220 W 4th St Wilmington, DE 19805

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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