816 W 8th Street, Wilmington, DE 19801
- $534,000
- 3,175
- SqFt
- Sold Price
- $534,000
- List Price
- $569,000
- Closing Date
- Jan 28, 2026
- Days on Market
- 30
- Status
- CLOSED
- MLS#
- DENC2090758
- Living Area
- 3,175
- Lot Size (Acres)
- 0.07
- Style
- Traditional
- Year Built
- 1920
- County
- New Castle
- School District
- Christina
Property Description
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.
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Additional Information
- Area
- Wilmington (30906)
- Taxes
- $5157
- School District
- Christina
- Heating
- Baseboard - Electric
- Heating Fuel
- Electric
- Cooling
- Other
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Concord Realty Group. Contact:
Selling Office: .