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

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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)