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    2314 N Market St Wilmington, DE 19802

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    For Sale
    $280,000

    Triplex on Market Street with investment potential.

    Lot size:
    0.06 Acres

    Property Features for 2314 N Market St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1925

    Source: Keller Williams Partners Agent Denine Taraskus

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Market Street Triplex Investment Opportunity

    This triplex is located on Market Street and offers investment potential. The property features an open space flat on the first floor, a two-bedroom apartment on the second floor, and a one-bedroom apartment on the third floor. The third-floor apartment is ready, while the first and second floors still need to be finished. Buyer is responsible for all due diligence for zoning and uses. This property is suitable for cash, hard money, or renovation loan financing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5378647
    Latitude
    39.7533429

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    FAQs

    What type of property is this?
    Triplex - Triplex on Market Street with investment potential.
    Where is this triplex located?
    The property is located at 2314 N Market St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Triplex located directly on Market Street.; - Investment property with potential for multiple income streams.; - **First-floor open space suitable for a business or store.**
    (302) 992-9500
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    2314 N Market St Wilmington, DE 19802
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    Wilmington, DE 19802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2314 N Market St Wilmington, DE 19802
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