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Historic Multifamily Property in Wilmington
For Sale
$325,000
Pending

101 North Market Street, New Wilmington, PA 16142

Historic 4-unit apartment building with potential for various business ventures.

Property SizeContact for details
Days on Market105

Property Features for 101 North Market Street

General Information

Standard status Pending
Total Parking Spaces 7
Property subtype Multi-Unit / Fourplex
Zoning C

Taxes and HOA fees

Annual Taxes $3,618

Amenities

Yes
0.0
Full
Composition

Building Details

Year Built 1900
Listing Agency: KELLER WILLIAMS REALTY
Listed By: Caren Foy · License #RS220664L
Source: Compass
Added: May 22 Changed: Aug 8 Last Checked: Jul 24 at 1:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY

Investment Insights

Based on property information with market context.

This historic property, currently operating as a 4-unit apartment building, presents an opportunity for various business ventures. Located in the heart of Amish country, it offers possibilities for a boutique inn, bed & breakfast, or Airbnb. The property could cater to Westminster College visitors, tourists, wedding guests, and those seeking a slower pace of life in New Wilmington.

Key Highlights

  • Historic landmark property with potential for various hospitality ventures (Boutique Inn, Bed & Breakfast, Air BNB).
  • Located in the heart of Amish country, offering a unique and charming small‑town experience.
  • Proximity to Westminster College, attracting visitors, tourists, and wedding guests.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Electrical Service Hair Salon Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 16142, PA

5,906
Population
2,096
Households
2.8
Avg Household Size
39
Median Age
35%
College-Educated
85%
High-School Grad
43.8 sq mi
ZIP Area
135
Density / Sq Mi
$78,750
Median Household Income
$37,423
Median Earnings
$797
Median Rent
$214,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Historic 4-unit apartment building with potential for various business ventures.
Where is this quadplex located?
The property is located at 101 North Market Street New Wilmington, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Historic landmark property with potential for various hospitality ventures (Boutique Inn, Bed & Breakfast, Air BNB).; Located in the heart of Amish country, offering a unique and charming small‑town experience.; Proximity to Westminster College, attracting visitors, tourists, and wedding guests.
More about this property
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