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Three-Level Duplex for Renovation
For Sale
$185,000

2318 North Market Street, Wilmington, DE 19802

Two-unit residential property with multiple kitchens, living areas, full bathrooms, and a rear porch.

Property Size2,475 SF
Price / SF$74.75
Days on Market300

Property Features for 2318 North Market Street

General Information

Standard status Active
Size 2,475 SF
Property subtype Multi-Family / Fee Simple
Zoning 26R-3

Property Condition

Severity Major Repairs Needed
Evidence requires a full renovation

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,770

Amenities

window A/C units
rear porch
No
Refrigerator, Oven/Range - Gas
2nd Kitchen, Additional Stairway, Bathroom - Tub Shower
No Pool
Above Grade, Below Grade

Building Details

Year Built 1925
Buildings 1
Listing Agency: My Real Estate Store
Listed By: Dwayne L Geames
Source: Compass
Added: Nov 4, 2025 Changed: Aug 29 Last Checked: Aug 31 at 1:09AM

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 My Real Estate Store

Investment Insights

Based on property information with market context.

Built in 1925, this 2,475-square-foot, three-level duplex contains two residential units with separate kitchen areas, multiple living or dining spaces, and full bathrooms with tub showers. The upper level includes a second kitchen with access to a rear porch, while the third floor adds two bedrooms with closet space. Refrigerators, gas ranges, and window A/C units are present.

The property is located at 2318 North Market Street in Wilmington, within city limits and the Brandywine School District. It is zoned 26R-3 and includes both above-grade and below-grade areas. A full renovation is required, and the water heater and heating system are not operational. The sale is as-is, with no warranties expressed or implied.

Key Highlights

  • 2,475‑square‑foot duplex on a 0.057‑acre parcel
  • Three‑level layout with two residential units
  • Two kitchens, multiple living areas, and full bathrooms with tub showers

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Acupuncture Pet Grooming 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,550
Businesses Nearby

Demographics for 19802, DE

26,189
Population
11,596
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
89%
High-School Grad
3.5 sq mi
ZIP Area
7,483
Density / Sq Mi
$54,370
Median Household Income
$39,579
Median Earnings
$1,236
Median Rent
$188,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two-unit residential property with multiple kitchens, living areas, full bathrooms, and a rear porch.
Where is this duplex located?
The property is located at 2318 North Market Street Wilmington, DE.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 2,475‑square‑foot duplex on a 0.057‑acre parcel; Three‑level layout with two residential units; Two kitchens, multiple living areas, and full bathrooms with tub showers
More about this property
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