$350,000
 $1,879 est/mo Sourced by Back At You

600 W 5th St,WILMINGTON, DE 19801

WILMINGTON, DE 19801

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Description

Come see this great investment opportunity! The building features 3 units consisting of three 2-bedroom units and 1-bathroom units. Separate gas hot water and electric services for each unit. This property is within walking distance to Downtown Wilmington, the Business District, and the Wilmington Riverfront. This property offers a great investment opportunity or the chance to owner-occupy one unit while renting out the others. The building has Three two-bedroom 1 bath units at $1,200 each. $3,600 a month total plus the garage is rented at $150 a month which is approximately $45000/yr annual rental income. The City of Wilmington Business license is current for all the rental units. The landlord does have the security deposits in Escrow. All the utilities are separate systems. The house has a central sprinkler system, hard wired smoke and carbon dioxide detectors. Don't miss out on this opportunity!

Details

MLS #DENC2106736
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1890
Days On Site104
Listing Provided ByHome Realty | Michael Hunter

Features

SQ Feet2,775
BasementY
Units3
Zoning26R-4
Acreage0.04

Interior

CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingForced Air
Interior FeaturesSprinkler System

Exterior

Exterior FeaturesSidewalks
RoofFlat
Construction MaterialsBrick
Foundation DetailsOther

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2715

Area Information

StateDE
CountyNEW CASTLE DE
CityWILMINGTON
Zip Code19801
AreaWilmington (30906)
School DistrictCHRISTINA
High SchoolCHRISTIANA
Listing VS Median (in 19801)
Price:
$350,000
low | high
Med:
$199,000
93.142857142857% of Average
sqft:
2,775
low | high
Med:
1,275
100% of Average
$ / sqft:
$126
low | high
Med:
$156
26.252100840336% of Average
On site:
104
low | high
Med:
5
100% of Average
Sourced by Back At You

Market Activity 19801

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Learn More About This Property

StateDE
CountyNEW CASTLE DE
CityWILMINGTON
Zip Code19801
AreaWilmington (30906)
School DistrictCHRISTINA
High SchoolCHRISTIANA
Listing VS Median (in 19801)
Price:
$350,000
low | high
Med:
$199,000
93.142857142857% of Average
sqft:
2,775
low | high
Med:
1,275
100% of Average
$ / sqft:
$126
low | high
Med:
$156
26.252100840336% of Average
On site:
104
low | high
Med:
5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $262K - $437K
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
837 W 4TH ST Property Photo 1
$375,000
837 W 4th St
Wilmington, DE 19801
Listing Updated: October 12, 2026 at 11:59:42 AM PDT