906 N Madison St, Wilmington, DE 19801
Local realty services provided by:ERA Central Realty Group
906 N Madison St,Wilmington, DE 19801
$370,000
- 4 Beds
- - Baths
- 2,500 sq. ft.
- Multi-family
- Pending
Listed by: michele a endrich, earl endrich
Office: bhhs fox & roach - hockessin
MLS#:DENC2094920
Source:BRIGHTMLS
Price summary
- Price:$370,000
- Price per sq. ft.:$148
About this home
Prime Investment Opportunity – Fully Rented Triplex in Historic Trinity Vicinity. High Demand Location. Solid income-producing triplex located at 906 N. Madison Street, set on a charming, tree-lined block in the highly desirable Historic Trinity Vicinity. This fully leased, three-unit property offers an attractive and versatile unit mix, including one efficiency studio unit with one full bath, one spacious 2-bedroom split unit with 2 full bathrooms, and one 2-bedroom one full bath flat on the first floor—appealing to a broad tenant base. Ideally positioned within walking distance to offices, retail, dining, the post office, and public transportation, this location supports strong rental demand and long-term stability. A turnkey opportunity for investors seeking a well-located, income-generating multi-unit asset in the heart of the city. Tenant pays for heat, electricity and hot water. Landlord pays for water & sewer. 2 Bedroom 2 Bath Unit rent is $1,325.
2 Bedroom 1 Bath Unit rent is $1,250. Studio rent is $875. Gross rent for all three units is $41,400. Management fee is 8%. Buyer is not obligated to use the current Management Company.
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Home facts
- Year built:1840
- Listing ID #:DENC2094920
- Added:46 day(s) ago
- Updated:February 22, 2026 at 08:27 AM
Rooms and interior
- Bedrooms:4
- Living area:2,500 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Baseboard - Electric, Electric, Hot Water
Structure and exterior
- Year built:1840
- Building area:2,500 sq. ft.
- Lot area:0.09 Acres
Schools
- High school:CHRISTIANA
- Middle school:BAYARD
- Elementary school:STUBBS
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$370,000
- Price per sq. ft.:$148
- Tax amount:$2,832 (2025)
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