1401 W 4th Street, Wilmington, DE 19805
- $215,000
- Sold Price
- $215,000
- List Price
- $199,000
- Closing Date
- Feb 27, 2026
- Days on Market
- 8
- Status
- CLOSED
- MLS#
- DENC2096886
- Lot Size (Acres)
- 0.09
- Style
- Other
- Year Built
- 1946
- County
- New Castle
- School District
- Red Clay Consolidated
Property Description
Mixed-use, multi-family property offering strong redevelopment potential. The existing structure includes one commercial unit, three residential apartments, and a detached two-car garage. The property is commercially zoned. Property sustained fire damage affecting y two units however the entire property requires significant repairs or full rehabilitation. This presents an excellent opportunity for an investor or developer to rehab and reposition the existing building, tear down and rebuild a new multi-unit structure, or redevelop the site into several townhomes, subject to zoning and municipal approvals. Ideal for value-add investors seeking a project with upside in a mixed-use or residential redevelopment strategy. Property is being sold as-is. Buyer to conduct all due diligence regarding zoning, permits, and redevelopment options. Sale is based on land value, no property entry is offered. Agent has equitable interest.
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Additional Information
- Area
- Wilmington (30906)
- Taxes
- $3967
- School District
- Red Clay Consolidated
- Garage
- Yes
- Garage Spaces
- 2
- Heating
- Heat Pump(s), Baseboard - Electric
- Heating Fuel
- Electric
- Cooling
- Other
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Innovations Realty. Contact:
Selling Office: .