Wilmington, DE Multifamily Properties for Sale

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Updated: May 19

Brick Triplex with Three Units

902 N MADISON Street, Wilmington, DE 19801

$439,900

4,250 sqft 0.08 AC lot

Three‑unit brick triplex built in 1875
Each unit has 2 bedrooms and 2 full bathrooms
4,250 square feet on a 0.08‑acre lot
All units occupied by long‑term tenants
Month‑to‑month leases provide tenancy flexibility

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902 N MADISON Street, WILMINGTON, DE 19801

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Est. Cap Rate

9.2%
Above avg (5.9%)
Est. NOI

$40K
Annual
Price @ 7% Cap

$575K
Above asking
Property Type

Multi-Family Dwellings
Built 1875

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Updated: Apr 18

Brick Duplex With Separate Entrances

1001 & 1003 W. 8th St. W 8TH Street, Wilmington, DE 19806

$950,000

4,350 sqft 0.11 AC lot

Two‑unit duplex with separate entrances
1001 includes four bedrooms; 1003 includes five
4,350 square feet on a 0.1133‑acre parcel
Shared basement provides additional utility space
Brick Colonial construction dating to 1889

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Brick Duplex with Off-Street Parking

209 N BROOM Street, Wilmington, DE 19805

$390,000

2,200 sqft 0.04 AC lot

Two residential units offer flexible layouts for rental use or owner occupancy near downtown Wilmington.

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Brick Triplex With Separate Utilities

600 W 5TH Street, Wilmington, DE 19801

$350,000

2,775 sqft 0.04 AC lot

Three residential units with individual gas hot water and electric service, plus a central sprinkler system.

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Mixed-Use Property With Three Bays

9 E 44TH STREET, Wilmington, DE 19802

$520,000

5,259 sqft

Mixed-use configuration combines separately accessed residential areas with substantial street-level commercial space and outdoor lot area.

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End-of-Row Triplex

940 N SPRUCE Street, Wilmington, DE 19801

$295,900

2,624 sqft 0.03 AC lot

Three-unit masonry property with separate utilities, private entry, shared upper-level access, and a fenced rear yard.

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Duplex with Private Decks

623 CONCORD Avenue, Wilmington, DE 19802

$310,000

1,675 sqft 0.07 AC lot

Two-unit brick property with in-unit laundry, outdoor decks, and a flexible owner-occupant or rental configuration.

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Brick Triplex With Separate Entrances

4503 WELDIN ROAD, Wilmington, DE 19803

$625,000

2,525 sqft 0.53 AC lot

Three individually serviced residences include a sunroom, covered porch, and basement laundry and storage.

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Two-Unit Cape Cod Duplex

310 SILVERBROOK Drive, Wilmington, DE 19804

$399,900

1,425 sqft 0.15 AC lot

Permitted two-unit layout includes separate entries, private laundry areas, and a detached garage.

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Triplex with Separate Systems

801 W 9TH Street, Wilmington, DE 19801

$375,000

2,875 sqft 0.03 AC lot

Corner multifamily building with three apartments, individual utilities, and central air conditioning.

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Three-Story Mixed-Use Building

12 Trolley Sq, Wilmington, DE 19806

$1,050,000

2,940 sqft

Three condominium units combine a former ground-floor restaurant with two leased residential apartments above.

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Brick Duplex with Private Entrances

2125 SENECA Road, Wilmington, DE 19805

$249,900

1,600 sqft 0.05 AC lot

Two residential units feature separate living areas and individual entrances.

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Well-Maintained Duplex with Side Yard

600 HOMESTEAD Road, Wilmington, DE 19805

$260,000

1,575 sqft 0.19 AC lot

Duplex offers two separate units with individual utilities and garages, supporting owner-occupant and rental use.

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Nine-Unit Apartment Building

100110038 W 8TH STREET, Wilmington, DE 19806

$950,000

4,350 sqft

Nine-unit multifamily property consists of two structures with separate entrances and a shared access basement.

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Brick Triplex with Separate Entrances

4503 WELDIN RD, Wilmington, DE 19803

$625,000

0.53 AC lot

Three private residences offer flexible occupancy options on a spacious North Wilmington parcel.

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7-Unit Apartment Building

600 N WEST Street, Wilmington, DE 19801

$760,000

0.07 AC lot

Historic multifamily property with renovated apartments, private balconies, and individually metered electric service.

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Nine-Unit Apartment Investment

1001 & 1003 W. 8th St. W 8th Street, Wilmington, DE 19806

$950,000

4,350 sqft

Nine-unit apartment property consists of two structures with separate entrances and a shared-access basement.

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Corner Mixed-Use Property

837 W 4TH Street, Wilmington, DE 19801

$375,000

2,268 sqft 0.02 AC lot

Brick building combines a street-level salon with two tenant-occupied apartments and separate residential access.

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Two-Unit Duplex with Private Entrances

2125 Seneca Road, Wilmington, DE 19805

$249,900

1,600 sqft

Wilmington duplex with two two-bedroom units, separate living areas, backyard access, and one driveway parking space.

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Brick Triplex with Vacant Unit

1020 W 8TH Street, Wilmington, DE 19806

$369,900

2,325 sqft 0.05 AC lot

Brick three-unit property with one vacant residence and two month-to-month tenancies.

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Duplex with Private Rear Decks

623 Concord Ave, Wilmington, DE 19802

$310,000

1,675 sqft

Two units provide separate laundry facilities and outdoor deck space for residential use.

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Brick Duplex with Two Units

2521 N TATNALL Street, Wilmington, DE 19802

$250,000

1,525 sqft 0.04 AC lot

Two separate living spaces include refrigerator and stove appliances.

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Duplex with Detached Two-Car Garage

310 Silverbrook Dr, Wilmington, DE 19804

$399,900

1,425 sqft

Permitted two-unit residence with separate laundry areas and additional detached garage space.

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Brick Triplex with Basement

2120 N PINE Street, Wilmington, DE 19802

$99,900

2,400 sqft 0.03 AC lot

The property contains three two-bedroom, one-bath units and is offered in as-is condition.

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Wilmington, DE Multifamily Properties Market Trends and Statistics

Explore 81 multifamily properties for sale in Wilmington, DE, showcased through 81 active listings on our real estate platform. These investment opportunities span a total of 892,798 square feet of properties for sale, with an estimated market value of $27,518,400.

Sale prices for multifamily properties in Wilmington, DE start at $99,900, averaging $451,121, and reaching up to $1,585,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 219K

Population Growth (5Y) +0.9%

Median Household Income $84,453

College Educated 24.4%

High-Yield Neighborhoods for Investment

Identify Wilmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
19809	$129.9K
19802	$335.9K
19805	$349.4K
19801	$511K
19804	$525.8K

Taxes & Financing

Tax Rate (average for all types) 3.53%

Property Tax per SF $55.50 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New Castle County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Wilmington fall within the 100,000+ square foot range.

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