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Fully Renovated Five-Unit Apartment Building
For Sale
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Pending

305 W 6th St, Wilmington, DE 19801

Three-story property includes four two-bedroom residences and one one-bedroom residence with in-unit laundry.

Property SizeContact for details
Days on Market143

Property Features for 305 W 6th St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: KW Commercial Brandywine Valley
Listed By: Rich DiPrimio · License #DE 0025642
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 10:16PM

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 KW Commercial Brandywine Valley

Investment Insights

Based on property information with market context.

Located at 305 W 6th St. in Wilmington, Delaware, this three-story apartment building contains five residences totaling 3,050 SF. The unit mix includes four two-bedroom apartments and one one-bedroom apartment, with full renovations completed throughout. Each residence includes laundry, and the building has central A/C with forced-hot-air heating.

Capital improvements include new windows throughout, individual new hot water tanks, and newer natural gas boilers serving four of the five units, installed in 2021. The property sits one block from Crosby Hill Apartments, a $62 Million project, and two blocks from Main Street, where The Queen, Quoin Hotel, shops, and restaurants are located. Wilmington Train Station and Rodney Square are within walking distance.

Key Highlights

  • Five apartment units in a 3,050 SF, three‑story building
  • Unit mix includes four 2 bedroom units and one 1 bedroom unit
  • All units fully renovated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Bakery Locksmith Storage Facility Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,590
Businesses Nearby

Demographics for 19801, DE

16,219
Population
9,390
Households
1.7
Avg Household Size
34
Median Age
26%
College-Educated
85%
High-School Grad
4.4 sq mi
ZIP Area
3,686
Density / Sq Mi
$44,505
Median Household Income
$36,684
Median Earnings
$1,126
Median Rent
$196,000
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?
Apartment building - Three-story property includes four two-bedroom residences and one one-bedroom residence with in-unit laundry.
Where is this apartment building located?
The property is located at 305 W 6th St Wilmington, DE.
What are key features of this property?
This property features: Five apartment units in a 3,050 SF, three‑story building; Unit mix includes four 2 bedroom units and one 1 bedroom unit; All units fully renovated
More about this property
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