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$250,000

802 N WASHINGTON STREET

4 Beds 4 Baths 2,800 Sq.Ft. 2,614 Sq.Ft.

Description

Unlock the potential of this 4-unit multifamily property located in the heart of Wilmington. The first-floor unit is currently leased, providing immediate income, while the remaining three units have been gutted and are ready for renovation, offering investors the opportunity to create significant value and maximize future cash flow. This three-story brick building features approximately 2,967 square feet and sits on a sizable lot. Whether you're looking to complete a full repositioning project, or add to your rental portfolio, this property offers a blank canvas with strong upside potential. Conveniently located near downtown Wilmington, major employers, transportation, shopping, and dining. Buyer to perform their own due diligence regarding zoning, permits, building codes, square footage, property taxes, and intended use.

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Location

802 N WASHINGTON STREET, WILMINGTON, DE 19801

Status

Sold

Date Sold

July 22, 2026
Cole Ciber photo

Cole Ciber

Vincent Garman photo

Vincent Garman

Features & Amenities

Interior

Total Bedrooms 4
Total Bathrooms 4
Full Bathrooms 4
Laundry Room Washer In Unit, Dryer In Unit
Flooring Hardwood

Exterior

Stories 2
Water Source Public
POOL No Pool
ROOF Flat
Parking On Street
Heat type Forced Air
Air Conditioning Central A/C
Sewer Public Sewer
Substructure Stone
Disability Features 2 Access Exits
Other Exterior Features Fire Escape

Area & Lot

Status Sold
Date Sold July 22, 2026
LIVING SPACE 2,800 Sq.Ft.
TOTAL AREA 2,800 Sq.Ft.
LOT SIZE 2,614 Sq.Ft.
MLS® ID DENC2101346
Type Residential
Year Built 1900
Neighborhood Delaware County
Architecture Styles Traditional
School District CHRISTINA

Financial

SALES PRICE $250,000
REAL ESTATE TAXES $5,574/yr
Zoning 26C-4
Delaware County

Delaware County

39.9078° N, 75.3879° W

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