Search
24-Unit Apartment Complex Investment
For Sale
$4,000,000

602 N DUPONT Hwy, New Castle, DE 19720

Well-maintained 24-unit apartment complex in New Castle, Delaware.

Property SizeContact for details
Lot Size0.90 Acres
Days on Market266

Property Features for 602 N DUPONT Hwy

General Information

Standard status Active
Lot size 0.90 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $12,681

Building Details

Year Built 1972
Listing Agency: Crown Homes Real Estate
Listed By: Kristin L Plummer · License #RS-0025005
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 15 Last Checked: Aug 20 at 12:06PM

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 Crown Homes Real Estate

Investment Insights

Based on property information with market context.

This well-maintained apartment complex in New Castle features 24 units across two brick buildings. The property includes 22 two-bedroom, one-bath apartments and 2 one-bedroom, one-bath units. The two-bedroom apartments feature a consistent floor plan. On-site parking is available for residents, along with a playground area. The property is located in a convenient New Castle location near Wilmington University Campus and Route 13, offering a stable, income-producing asset.

Key Highlights

  • Substantial investment opportunity with this 24‑unit apartment complex.
  • Solid brick construction ensures durability.
  • Features a mix of 22 two‑bedroom and 2 one‑bedroom units.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Daycare Center

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

431
Businesses Nearby

Demographics for 19720, DE

61,043
Population
24,262
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
38.3 sq mi
ZIP Area
1,594
Density / Sq Mi
$75,985
Median Household Income
$42,600
Median Earnings
$1,282
Median Rent
$242,600
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 24-unit apartment complex in New Castle, Delaware.
Where is this apartment building located?
The property is located at 602 N DUPONT Hwy New Castle, DE.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Substantial investment opportunity with this 24‑unit apartment complex.; Solid brick construction ensures durability.; Features a mix of 22 two‑bedroom and 2 one‑bedroom units.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message