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Wilmington Mixed-Use Investment Opportunity

837 W 4TH St, Wilmington, DE 19801

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For Sale

$395,000

Profitable mixed-use property with strong rental history in Wilmington.

Type:Investment

HighLights

Strong income potential with approximately $4,000 total monthly rent.
Profitable mixed‑use property featuring a first‑floor commercial space (hair salon) and two 2‑bedroom apartments.
Many major systems replaced in recent years including water heaters, electrical panels, windows, and interior finishes.
Excellent location walkable to the central business district, shopping, dining, transportation, and train station.
First‑floor hair salon is nicely laid out with a waiting area, styling stations, wash area, and private studio.
One apartment is tenant‑occupied with a good tenant paying $1,200/month; the other is vacant and recently updated.

We can help!

Listing Contact

Kenneth Van Every

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For Sale

$395,000

Profitable mixed-use property with strong rental history in Wilmington.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:03 pm

Property Features for 837 W 4TH St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1983

We can help!

Listing Contact

Kenneth Van Every

Listing agent Kenneth Van Every License #RS0022242

Listing office Keller Williams Realty - Willmington

Listing date Apr 24, 2026

Source Elliman

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 Keller Williams Realty - Willmington

HighLights

Strong income potential with approximately $4,000 total monthly rent.
Profitable mixed‑use property featuring a first‑floor commercial space (hair salon) and two 2‑bedroom apartments.
Many major systems replaced in recent years including water heaters, electrical panels, windows, and interior finishes.
Excellent location walkable to the central business district, shopping, dining, transportation, and train station.
First‑floor hair salon is nicely laid out with a waiting area, styling stations, wash area, and private studio.
One apartment is tenant‑occupied with a good tenant paying $1,200/month; the other is vacant and recently updated.

Overview

This mixed-use investment property is located in Wilmington and offers a first-floor business tenant space, currently configured as a hair salon, along with two 2-bedroom apartments. The property has a strong rental history and generates approximately $4,000 per month in total rents. The first floor is designed for salon use, featuring a visible entrance with signage, a waiting area, a main salon area, two wash stations, and a private styling studio, plus a half bathroom. The apartments are accessed through a side entrance on Adams Street. The second-floor apartment is currently occupied by a tenant who pays $1,200 per month and covers electric and gas. It includes two bedrooms with closets, an updated bathroom, a kitchen with counter space, a refrigerator, cabinetry, and a living room with natural light. The third-floor apartment has a similar layout, is vacant, and has been updated with new paint and flooring. Estimated rent is $1,200 per month. The basement contains separate utilities for each unit, including four electrical panels, three hot water heaters, and three gas furnaces. The property is located near the central business district, shopping, dining, convenience stores, transportation, the train station, bus routes, and other amenities. The property has a bike score of 53, a walk score of 86, and a transit score of 58.

Location Intelligence

Current Use by Public Records

Joyce's Hair Care ... Hair Salon Premier Hair Studios ... Hair Salon

Suggested Use

Location Insight

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Local Demand

City: Wilmington
County: New Castle
State: Delaware
Longitude: -75.5594518
Latitude: 39.7439731

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For sale
Mixed-use properties
DE
Wilmington
19801
837 W 4TH St

What type of property is this?

Mixed-use property - Profitable mixed-use property with strong rental history in Wilmington.

Where is this mixed-use property located?

The property is located at 837 W 4TH St Wilmington, DE.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: Strong income potential with approximately $4,000 total monthly rent.; Profitable mixed‑use property featuring a first‑floor commercial space (hair salon) and two 2‑bedroom apartments.; Many major systems replaced in recent years including water heaters, electrical panels, windows, and interior finishes.