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    5 WINSTON Ave Wilmington, DE 19804

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    For Sale
    $1,200,000

    Apartment building with steady cash flow near public transportation.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 24 at 4:03 pm

    Property Features for 5 WINSTON Ave

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

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    Listing Contact
    Peter Meyer
    Peter Meyer

    Listing agent Peter Meyer License #RB-0003304

    Listing office meyer & meyer realty

    Listing date Apr 24, 2026

    Source Elliman

    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 meyer & meyer realty


    Overview

    Apartment Building Near Richardson Park

    This apartment building is located just outside the city of Wilmington and is accessible via public transportation. The property features eight one-bedroom apartments, each with separate utilities. Off-street parking is available for each unit. A washer and dryer area provides convenience and generates extra income. Three of the units have been updated within the last 18 months. The property is situated next to Richardson Park, just outside the city. The building has been managed by the current owner for over 30 years and represents a steady cash flow opportunity.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5867617
    Latitude
    39.7287796

    FAQs

    What type of property is this?
    Apartment building - Apartment building with steady cash flow near public transportation.
    Where is this apartment building located?
    The property is located at 5 WINSTON Ave Wilmington, DE.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Steady cash flow property with a history of successful management (30+ years).; Eight one‑bedroom apartments with separate utilities.; Off‑street parking for each unit.
    More about this property
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