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4-Unit Garden-Style Apartment Building
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113 E Ayre St, Wilmington, DE 19804

Brick apartment property with four two-bedroom residences near Route 4 and Wilmington-area retail, dining, and employment centers.

Property SizeContact for details
Lot Size0.13 Acres
Days on Market143

Property Features for 113 E Ayre St

General Information

Standard status Active
Lot size 0.13 Acres
Property subtype Multifamily
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 4 x 2BR
Multifamily Units 4

Building Details

Construction garden-style
Listing Agency: GREA
Listed By: Robert DiPasquale · License #PA RS-0024185
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 10:34AM

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 GREA

Investment Insights

Based on property information with market context.

This four-unit garden-style apartment property was constructed in the 1960s and includes four two-bedroom residences measuring approximately 1,050 square feet each. The improvements feature a brick exterior, siding over wood-joist framing, and pitched shingle roofs. Ownership provides cold water and sewer service, while residents handle gas and electric utilities.

The property occupies 0.13 acres near Route 4, with access to Wilmington amenities and regional transportation. Downtown Wilmington is less than 10 minutes away, Interstate I-95 is nearby, and the property is within 10 minutes of Amazon fulfillment centers. 1st State Plaza, anchored by ShopRite, is less than two miles away, while Prices Corner is less than a ten-minute drive. Downtown Philadelphia is approximately 45 minutes away, and Baltimore is approximately 90 minutes away.

Key Highlights

  • Four‑unit apartment building with four two‑bedroom units
  • Approximately 1,050± square feet per unit
  • Constructed in the 1960s on 0.13 acres

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Law Firm Grocery & Convenience Store Computer & Electronic Repair

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

4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

674
Businesses Nearby

Demographics for 19804, DE

18,292
Population
8,075
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
89%
High-School Grad
7.2 sq mi
ZIP Area
2,541
Density / Sq Mi
$76,204
Median Household Income
$44,897
Median Earnings
$1,157
Median Rent
$244,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick apartment property with four two-bedroom residences near Route 4 and Wilmington-area retail, dining, and employment centers.
Where is this quadplex located?
The property is located at 113 E Ayre St Wilmington, DE.
What are key features of this property?
This property features: Four‑unit apartment building with four two‑bedroom units; Approximately 1,050± square feet per unit; Constructed in the 1960s on 0.13 acres
More about this property
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