1410 & 1412 Delaware Ave, Wilmington, DE 19806

Local realty services provided by:ERA Valley Realty
1410 & 1412 Delaware Ave,Wilmington, DE 19806
$2,175,000
  • 12 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:buzz moran
Office:long & foster real estate, inc.
MLS#:DENC2089830
Source:BRIGHTMLS

Price summary

  • Price:$2,175,000

About this home

Investment Opportunity – Monument Square Apartments presents a rare chance to acquire a stabilized 11 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 18 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.

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Home facts

  • Year built:1910
  • Listing ID #:DENC2089830
  • Added:9 day(s) ago
  • Updated:October 03, 2025 at 01:27 PM

Rooms and interior

  • Bedrooms:12

Heating and cooling

  • Cooling:Central A/C
  • Heating:90% Forced Air, Natural Gas, Oil, Radiator, Zoned

Structure and exterior

  • Year built:1910
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,175,000
  • Tax amount:$3,165 (2025)