Wilmington Four-Unit Investment
For Sale
$265,000
Pending
802 Washington Street, Wilmington, DE 19801
Four-unit building with income potential in Wilmington's vibrant heart.
Property Size2,967 SF
Days on Market107
Property Features for 802 Washington Street
General Information
Standard status
Pending
Size
2,967 SF
Property subtype
Residential / Fee Simple
Zoning
26C-4
Taxes and HOA fees
Annual Taxes
$5,574
Amenities
No
Washer In Unit, Dryer In Unit
2+ Access Exits
No Pool
Fire Escape
Building Details
Year Built
1900
Listing Agency:
Compass
(302) 650-4087
Listed By:
Cole Ciber · License #RS0037259
(302) 650-4087
Source:
Compass
Added: May 18
Changed: Aug 8
Last Checked: Jul 24 at 12:13PM
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 Compass
Investment Insights
Based on property information with market context.
Located in Wilmington, the property at 802 N Washington St. presents an investment opportunity with a four-unit building. One unit is currently leased, providing immediate income. The remaining three units are in shell condition, offering a renovation opportunity to create modern apartments. The property is situated in a vibrant area with convenient access to DECO, Market St., corporate centers, and transportation. The building size is 2967 square feet. The property is located within the Christina (New Castle DE) School District.
Key Highlights
- Immediate income potential with one unit already leased.
- Versatile 4‑unit building in a desirable location.
- Blank canvas for renovation of three units in shell condition.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit building with income potential in Wilmington's vibrant heart.
Where is this quadplex located?
The property is located at 802 Washington Street Wilmington, DE.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Immediate income potential with one unit already leased.; Versatile 4‑unit building in a desirable location.; Blank canvas for renovation of three units in shell condition.
