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New Castle, DE Apartment Buildings for Sale

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24-Unit Apartment Complex Investment
Updated: Nov 28, 2025
24-Unit Apartment Complex Investment

602 N DUPONT Hwy, New Castle, DE 19720

$4,000,000
0.90 AC lot
Substantial investment opportunity with this 24‑unit apartment complex.
Solid brick construction ensures durability.
Features a mix of 22 two‑bedroom and 2 one‑bedroom units.
Ample on‑site parking for residents.
Convenient New Castle location near Wilmington University Campus and Route 13.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Castle, DE, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Student Housing Row Homes
Student Housing Row Homes

118 NEW LONDON ROAD, Newark, DE 19711

$2,995,000
9,018 sqft

Five row homes configured as high-density garden apartment-style student housing, located between UD’s main campus and north campus.

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Student Housing Investment Opportunity
Student Housing Investment Opportunity

118 NEW LONDON Rd, Newark, DE 19711

$3,300,000

Five-unit student housing near University of Delaware campus.

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Apartment Building Near Richardson Park
Apartment Building Near Richardson Park

5 WINSTON Ave, Wilmington, DE 19804

$1,200,000

Apartment building with steady cash flow near public transportation.

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Mixed-Use 6-Unit with Restaurant
Mixed-Use 6-Unit with Restaurant

227 North Maryland Avenue, Wilmington, DE 19804

Contact for pricing

6-unit apartment building with an attached retail unit currently occupied by a long-running Mexican restaurant.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Residence
Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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New Castle, DE Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in New Castle, DE on our real estate platform.

Sale prices for two-family homes in New Castle, DE average $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 61K
Population Growth (5Y) -1.2%
Median Household Income $75,985
College Educated 10.2%

Taxes & Financing

Tax Rate (average for all types) 3.47%
Property Tax per SF $81.81 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New Castle County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in New Castle fall within the 100,000+ square foot range.

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