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Updated Residential Income Property
For Sale
$144,900

1301-UNIT N FRANKLIN ST #5, Wilmington, DE 19806

WILMINGTON, DE

Property SizeContact for details
Days on Market192

Property Features for 1301-UNIT N FRANKLIN ST #5

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1
Subdivision TROLLEY SQUARE
Elementary school district RED CLAY CONSOLIDATED
Middle school district RED CLAY CONSOLIDATED
High school district RED CLAY CONSOLIDATED
Standard status Active

Amenities

washer/dryer
pet friendly

Building Details

Year built 1900
Listing Agency: Greenville
Listed By: Jeff Derp
Added: Feb 28 Changed: Aug 27 Last Checked: Sep 8 at 3:06PM
MLS# DENC2097630

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story residential income property includes one bedroom and one bathroom, with updated HVAC, newer hardwood flooring, and an in-unit washer and dryer. A spiral staircase connects the first and second floors. The unit is pet friendly and includes one reserved off-street parking space.

Located in Wilmington’s Trolley Square area, the property is near major routes and within walking distance of surrounding amenities. The building was constructed in 1900, and the absence of rental restrictions supports both owner occupancy and investment use.

Key Highlights

  • Two‑story layout with 1 bedroom and 1 bathroom
  • One reserved off‑street parking space included
  • No rental restrictions in the building

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic HVAC Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,336
Businesses Nearby

Demographics for 19806, DE

10,083
Population
6,638
Households
1.5
Avg Household Size
45
Median Age
71%
College-Educated
98%
High-School Grad
1.7 sq mi
ZIP Area
5,931
Density / Sq Mi
$86,240
Median Household Income
$76,246
Median Earnings
$1,329
Median Rent
$370,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-story one-bedroom residence with reserved parking, in-unit laundry, and no building rental restrictions.
Where is this residential income property located?
The property is located at 1301-UNIT N FRANKLIN ST #5 Wilmington, DE.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Two‑story layout with 1 bedroom and 1 bathroom; One reserved off‑street parking space included; No rental restrictions in the building
More about this property
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