Detached Triplex with Private
2210 BAYNARD Boulevard Wilmington, DE 19802
New
MULTI_FAMILY - WILMINGTON, DE
Property size:
3,383 SFLot size:
0.13 AcresPrice / SF:
$153/SF- Added:
- Jul 10, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 10 at 11:06 am
Property Features for 2210 BAYNARD Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 9
- Parking features
- Garage - Detached, Driveway, Parking Lot
- Standard status
- Active
- Size
- 3,383 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8294
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s), Central Air
Building Details
- Year built
- 1910
- Number of units
- 3
- Building materials
- Brick, Stone, Vinyl Siding, Wood Siding
Listing agent Julianne Chamberlain License #RS0039506 (610) 399-5100
Listing office Keller Williams Real Estate - West Chester 276 Dilworthtown Road, West Chester, DE (610) 399-5100
Listing date Jul 10, 2026
MLS# DENC2106434
Listing URL
Copyright © 2026 Bright MLS. 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.
Detached three-unit triplex property in Wilmington’s Historic Baynard Boulevard District, offering a stand-alone configuration with a private driveway, dedicated off-street parking, and a detached two-car garage. All three units are currently tenant occupied.
Unit A is a 2-bedroom, 2.5-bath two-story unit on the first floor with a finished basement. Unit B is a private-entry 2-bedroom, 1-bath apartment with its own outdoor patio. Unit C is a 1-bedroom, 1-bath apartment that includes a private exterior patio.
The property reports $51,900 in current annual gross rental income. Gas and electric are separately metered and paid by tenants, while the owner pays water. Major capital improvements include a new roof installed in 2019 with a 20-year transferable warranty.
Unit A is a 2-bedroom, 2.5-bath two-story unit on the first floor with a finished basement. Unit B is a private-entry 2-bedroom, 1-bath apartment with its own outdoor patio. Unit C is a 1-bedroom, 1-bath apartment that includes a private exterior patio.
The property reports $51,900 in current annual gross rental income. Gas and electric are separately metered and paid by tenants, while the owner pays water. Major capital improvements include a new roof installed in 2019 with a 20-year transferable warranty.
Key Highlights
- Detached three‑unit triplex in Wilmington’s Historic Baynard Boulevard District, all units currently tenant occupied
- Three‑unit mix: Unit A (2 bed/2.5 bath, finished basement), Unit B (2 bed/1 bath with patio), Unit C (1 bed/1 bath with patio)
- Current annual gross rental income of $51,900 with gas and electric separately metered to tenants; owner pays water
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.8k | $16.20 |
| − Vacancy | −$3.6k | −$1.05 |
| EGI | $51.2k | $15.15 |
| − OpEx | −$15.4k | −$4.54 |
| NOI | $35.9k | $10.60 |
3,383 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$512.4K
$448.4K – $597.8K
NOI $35,870 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$457.8K
$400.6K – $534.1K
NOI $32,044 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$809.2K
$708.0K – $944.1K
NOI $56,643 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rappaport Mark D
Law Firm
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FAQs
What type of property is this?
Triplex - Detached three-unit property with private driveway, off-street parking, and a detached two-car garage.
Where is this triplex located?
The property is located at 2210 BAYNARD Boulevard Wilmington, DE.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Detached three‑unit triplex in Wilmington’s Historic Baynard Boulevard District, all units currently tenant occupied; Three‑unit mix: Unit A (2 bed/2.5 bath, finished basement), Unit B (2 bed/1 bath with patio), Unit C (1 bed/1 bath with patio); Current annual gross rental income of $51,900 with gas and electric separately metered to tenants; owner pays water
