1220 W 4TH ST, Wilmington, DE 19805
1220 W 4TH ST, Wilmington, DE 19805
1220 W 4TH ST, Wilmington, DE 19805
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Kelly Stipa

Kelly Stipa

+1(267) 249-9000
Listed by Jen Lee • BHHS Fox & Roach-Greenville
$349,000
Est. payment /mo
2,275 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,275 sqft

Price per Sqft $153

Subdivision None Available

MLS Listing ID DENC2105976

Style Colonial

Abv Grd Liv Area 2,275

Year Built 1900

Available Date 2026-07-24

Annual Tax Amount $2,876

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 17.80 x 100.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

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!

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 2275

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-034.10-519

Ownership Fee Simple

SqFt Source 2275

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Kelly Stipa

Kelly Stipa

+1(267) 249-9000

REALTOR® | License ID: RS226297L

REALTOR® License ID: RS226297L

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