1401 & 1403 N Broom St, Wilmington, DE 19806

Wilmington
Local realty services provided by:ERA OakCrest Realty, Inc.
1401 & 1403 N Broom St,Wilmington, DE 19806
$1,995,000
  • 9 Beds
  • - Baths
  • 8,095 sq. ft.
  • Multi-family
  • Pending
Listed by: buzz moran, jordan oncay
Office: long & foster real estate, inc.
MLS#:DENC2089420
Source:BRIGHTMLS

Price summary

  • Price:$1,995,000
  • Price per sq. ft.:$246.45

About this home

Investment Opportunity – Monument Square Apartments presents a rare chance to acquire a stabilized 10-unit multifamily property in Wilmington’s sought-after Trolley Square neighborhood. The asset consists of two adjoining three-story brick buildings on separate parcels, with each apartment featuring its own character and separately metered utilities. Over the past five years, ownership has invested in both cosmetic updates and key system improvements across all units, enhancing tenant appeal and reducing near-term capital needs. The property is well-positioned to provide consistent cash flow with upside through future rent growth in a high-demand submarket. For scale-minded investors, this property can also be acquired with two adjacent buildings totaling 19 additional units plus a buildable lot, offering immediate portfolio expansion in one of Wilmington’s most desirable rental corridors. Full financials and package details available upon request.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1877
  • Listing ID #:DENC2089420
  • Added:234 day(s) ago
  • Updated:November 14, 2025 at 08:39 AM

Rooms and interior

  • Bedrooms:9
  • Basement Description:Full
  • Living area:8,095 sq. ft.

Heating and cooling

  • Cooling:Central A/C, Window Unit(s)
  • Heating:Hot Water, Natural Gas, Oil

Structure and exterior

  • Year built:1877
  • Building area:8,095 sq. ft.
  • Lot area:0.18 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,995,000
  • Price per sq. ft.:$246.45
  • Tax amount:$14,139 (2024)

Features and amenities

  • Amenities:Natural Gas Available

Parking

  • Parking description:On Street

New listings near 1401 & 1403 N Broom St