2423 N Madison St, Wilmington, DE 19802

Local realty services provided by:ERA Martin Associates
2423 N Madison St,Wilmington, DE 19802
$375,000
  • 5 Beds
  • - Baths
  • 2,675 sq. ft.
  • Multi-family
  • Active
Listed by: huajun zhou
Office: realty mark cityscape
MLS#:DENC2112648
Source:BRIGHTMLS

Price summary

  • Price:$375,000
  • Price per sq. ft.:$140.19

About this home

Rare incredible Turn-key Triplex Investment Opportunity in Historic Wilmington! Immediate Gross Annual Income is over $45K from day one! This triplex building offers two 2B1B units (both are section 8 tenants) and one 1B1B unit, each unit is spacious with 2 levels and separate entrance. All units are recently remodeled with water and scratch proof plank floors, fresh paints, updated bathrooms and kitchens. Gas and electric are separately metered and paid by the tenants, while the owner pays only for water. Property is being sold As-Is, inspections are for informational purposes only, no repairs will be made. Out of respect for the current residents, showings are limited and require advance notice. Please contact the listing agent to schedule your private tour. Limited Showing Times Only.

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Home facts

  • Year built:1924
  • Listing ID #:DENC2112648
  • Added:1 day(s) ago
  • Updated:October 09, 2026 at 10:46 AM

Rooms and interior

  • Bedrooms:5
  • Basement:Yes
  • Basement Description:Outside Entrance, Partial
  • Living area:2,675 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Heat Pump(s), Natural Gas

Structure and exterior

  • Year built:1924
  • Building area:2,675 sq. ft.
  • Lot area:0.06 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick, Frame
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$140.19
  • Tax amount:$3,992 (2025)

Parking

  • Parking description:On Street