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    Duplex Investment Property Title is generated by Realmo AI

    2521 N TATNALL Street, Wilmington, DE 19802

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    Claim this Listing
    For Sale
    $250,000

    MULTI_FAMILY - Other - WILMINGTON, DE

    Property size:
    1,525 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $163/SF
    Added:
    Jun 18, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 2521 N TATNALL Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Appliances
    Refrigerator, Stove
    Standard status
    Active
    Size
    1,525 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2286

    Utilities

    Heating system
    Baseboard, Hot Water(Heating)

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

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    Contact an agent
    Jemimah E. Chuks
    Jemimah E. Chuks

    Listing agent Jemimah E. Chuks License #RS-0026132

    Listing office EXP Realty, LLC 11 Parkway Circle unit: 200, Dover, DE

    Listing date Jun 18, 2026

    MLS# DENC2105412 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex with two income‑producing units, sold as‑is
    • Brick construction with year built 1920
    • Heating includes hot water heating and baseboard
    • Appliances included: refrigerator and stove
    • On‑street parking

    Overview

    This duplex offers two separate, income-producing living spaces under one property. The listing is being sold as-is, providing buyers the opportunity to evaluate current condition and determine needed updates. With a compact lot size and an overall building size of 1,525 square feet, it is designed for straightforward residential income or flexible owner-occupant use.

    The property is located at 2521 N Tatnall Street in Wilmington, Delaware 19802, within New Castle County. The listing notes convenient access to public transportation and nearby neighborhood amenities.

    For tenants and owner-occupants, the duplex structure supports separate living arrangements while sharing a single ownership interest. For investors, the two-unit layout can provide diversification within one building. Buyers should plan to conduct their own due diligence given the as-is sale and verify the condition, unit configuration, and suitability for their intended occupancy or investment strategy.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $24.7k $16.20
    − Vacancy −$1.6k −$1.05
    EGI $23.1k $15.15
    − OpEx −$6.9k −$4.54
    NOI $16.2k $10.60
    1,525 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $231.0K
    $202.1K – $269.5K (±1% cap)
    NOI $16,169 @ 7.0% cap · market cap 6.47%
    Second Best
    Apartment 5plus
    $206.4K
    $180.6K – $240.8K (±1% cap)
    NOI $14,445 @ 7.0% cap · market cap 5.78%
    Theoretical Best
    Office A
    $364.8K
    $319.2K – $425.6K (±1% cap)
    NOI $25,534 @ 7.0% cap · market cap 10.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness 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
    -75.5368805
    Latitude
    39.7554131

    FAQs

    What type of property is this?
    Duplex - Duplex with two separate income-producing units, offered for sale as-is for investors or owner occupants.
    Where is this duplex located?
    The property is located at 2521 N TATNALL Street Wilmington, DE.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Duplex with two income‑producing units, sold as‑is; Brick construction with year built 1920; Heating includes hot water heating and baseboard
    More about this property
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