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Wilmington Multifamily Investment Opportunity

1001 & 1003 W 8th St. W 8TH Street, Wilmington, DE 19806

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For Sale

$1,050,000

MULTI_FAMILY - Colonial - WILMINGTON, DE

Property size:

4,350 SF

Lot size:

0.11 Acres

Price / SF:

$241/SF

HighLights

Nine‑unit apartment building on the west side of Wilmington, Delaware, comprised of two structures with separate entrances
Unit mix: 1001 has four units and 1003 has five units
Brick construction with a Colonial architectural style
Common access basement shared between the two structures
Heating includes forced air, hot water (heating), baseboard, heat pump, and electric heat; cooling includes central air and ceiling fans
Parking includes a driveway, plus on‑street parking and a small amount of off‑street parking

We can help!

Listing Contact

Joseph P Hurley III

Learn more

For Sale

$1,050,000

MULTI_FAMILY - Colonial - WILMINGTON, DE

Property size:

4,350 SF

Lot size:

0.11 Acres

Price / SF:

$241/SF

Added:: Apr 18, 2026
Days on Market:: 58
Last Refresh:: Jun 14 at 3:06 pm

Property Features for 1001 & 1003 W 8th St. W 8TH Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking: 4
Parking features: On Street, Driveway
Standard status: Active
Size: 4,350 SF
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Annual Amount: 8065

Utilities

Heating system: Electric (Heating), Forced Air, Heat Pump (Heating), Baseboard, Hot Water(Heating)
Cooling system: Central Air, Ceiling Fan(s)

Building Details

Year built: 1889
Number of units: 2
Building materials: Brick
Architectural style: Colonial

We can help!

Listing Contact

Joseph P Hurley III

Listing agent Joseph P Hurley III License #RS-0018346

Listing office Pantano Real Estate Inc 1504 N Broom Street unit: 3, Wilmington, DE

Listing date Apr 18, 2026

MLS# DENC2099036 Listing URL

HighLights

Nine‑unit apartment building on the west side of Wilmington, Delaware, comprised of two structures with separate entrances
Unit mix: 1001 has four units and 1003 has five units
Brick construction with a Colonial architectural style
Common access basement shared between the two structures
Heating includes forced air, hot water (heating), baseboard, heat pump, and electric heat; cooling includes central air and ceiling fans
Parking includes a driveway, plus on‑street parking and a small amount of off‑street parking

Overview

Located in the Cool Springs neighborhood on the Westside of Wilmington, this multifamily property offers convenient access to highways, places of worship, educational facilities, and the attractions of Trolley Square, Union Street, and downtown Wilmington's central business district. The property consists of a nine-unit apartment building comprised of two structures with separate entrances and a common access basement. The building at 1001 W. 8th Street contains four units, while 1003 W. 8th Street contains five units. A small area of off-street parking is available for tenants and management. The units offer a mix of modern and functional designs, providing a comfortable living environment for tenants. Separate systems are in place to streamline operations and minimize owner expenses. This property presents an opportunity for value-add projects and rent repositioning to increase cash flow and maximize return on investment. It could serve as a cornerstone for a performing portfolio or a valuable addition to a scaled operation. The property is situated on a 0.1133-acre lot and has a total size of 4350 square feet.

Location Intelligence

Current Use by Public Records

Apartment buildings

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Location Insight

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Local Demand

City: Wilmington
County: New Castle
State: Delaware
Longitude: -75.55877
Latitude: 39.7475

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For sale
Apartment buildings
DE
Wilmington
19806
1001 & 1003 W 8th St. W 8TH Street

What type of property is this?

Apartment building - Nine-unit apartment building in desirable Cool Springs location.

Where is this apartment building located?

The property is located at 1001 & 1003 W 8th St. W 8TH Street Wilmington, DE.

What is the asking price?

The asking price for this property is $1,050,000.

What are key features of this property?

This property features: Nine‑unit apartment building on the west side of Wilmington, Delaware, comprised of two structures with separate entrances; Unit mix: 1001 has four units and 1003 has five units; Brick construction with a Colonial architectural style

1001 & 1003 W 8th St. W 8TH Street, Wilmington, DE 19806

MULTI_FAMILY - Colonial - WILMINGTON, DE

Property Features for 1001 & 1003 W 8th St. W 8TH Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Office Building with Parking

Renovated Two-Story Office Building

Wilmington Triplex: Investment Opportunity

Trinity Vicinity Triplex in Wilmington

Colonial Duplex with Two-Car Garage

Updated Duplex in Wilmington

North Wilmington Commercial Opportunity

Corner Retail and Apartment Building

Renovated Triplex with Updated Interiors

Mixed-Use Building in Central Business District

Colonial Multifamily Property in Wilmington

Retail Storefront with Off-Street Parking

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