1531 Delaware Ave, Wilmington, DE 19806
Local realty services provided by:ERA Reed Realty, Inc.
1531 Delaware Ave,Wilmington, DE 19806
$485,000
- 4 Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: marcee kay mcmullen
Office: real of pennsylvania
MLS#:DENC2093544
Source:BRIGHTMLS
Price summary
- Price:$485,000
About this home
Photos Coming Soon!!
Discover an incredible opportunity near one of Wilmington’s most beloved and walkable neighborhoods — vibrant, charming Trolley Square! This well-maintained triplex offers a blend of stable rental income, future value-add potential, and unbeatable location just steps from restaurants, cafés, local shops, nightlife, and community favorites.
This 3-unit property includes two currently occupied one-bedroom apartments with leases secured through August 2026 — a fantastic benefit for investors seeking immediate and predictable cash flow. The top-floor unit is ready for its next chapter, offering a blank canvas for renovation to elevate rents and maximize returns. Whether updating the two bedroom into a space to add rental income or to create the perfect owner-occupied space — the upside is all yours.
Whether you’re growing your investment portfolio or envisioning the perfect space to live and earn in a thriving location, this triplex checks all the boxes: income stability now with exceptional potential ahead.
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Home facts
- Year built:1900
- Listing ID #:DENC2093544
- Added:1 day(s) ago
- Updated:November 21, 2025 at 03:51 PM
Rooms and interior
- Bedrooms:4
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1900
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$485,000
- Tax amount:$6,718 (2025)
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