24-Unit Apartment Complex in New
For Sale
$4,000,000
602 N DUPONT Hwy, New Castle, DE 19720
Well-maintained apartment complex with strong rental potential in New Castle.
Property SizeContact for details
Lot Size0.90 Acres
Days on Market195
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
(302) 250-2013
Source:
Elliman
Added: Mar 10
Changed: Sep 14
Last Checked: Sep 19 at 9:26AM
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 two brick buildings, each containing 12 units. 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 amenities include ample parking and 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
- 24‑unit apartment complex offering a strong income‑producing asset.
- Two solid brick buildings, ensuring durability and low maintenance.
- 22 two‑bedroom, one‑bath apartments, providing a desirable unit mix.**
Property Analytics
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Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained apartment complex with strong rental potential in New Castle.
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: 24‑unit apartment complex offering a strong income‑producing asset.; Two solid brick buildings, ensuring durability and low maintenance.; 22 two‑bedroom, one‑bath apartments, providing a desirable unit mix.**
