Wilmington, DE Multifamily Properties for Sale

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Updated: Jul 9

Triplex with Three 2BR Units

600 W 5TH Street, Wilmington, DE 19801

$350,000

2,775 sqft 0.04 AC lot

3‑unit building with three 2‑bedroom, 1‑bath units
Rents listed at $1,200 per unit (total $3,600/month), plus a garage rented for $150/month (~$45,000/yr)
Separate gas hot water and electric services for each unit with utilities on separate systems
Current City of Wilmington business license for all rental units; security deposits reported as in escrow
Central sprinkler system plus hard‑wired smoke and carbon dioxide detectors

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This listing looks promising.

Here's a quick look at some key insights for

600 W 5TH Street, WILMINGTON, DE 19801

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Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$29K
Annual
Price @ 7% Cap

$420K
Above asking
Property Type

Multi-Family Dwellings
Built 1890

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Updated: May 19

Wilmington Triplex: Investment Opportunity

902 N MADISON Street, Wilmington, DE 19801

$439,900

4,250 sqft 0.08 AC lot

Immediate rental income from three occupied units, each with a desirable 2‑bedroom, 2‑bathroom layout.
Prime location in the heart of Wilmington, minutes from Trolley Square, Market Street, and Wilmington Train Station.
Convenient access to major highways, shopping, dining, and public transportation.
Long‑term tenants on month‑to‑month leases provide flexibility for future investment strategies.
Well‑maintained brick triplex built in 1875 with central air and hot water heating.

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Trinity Vicinity Triplex in Wilmington

801 W 9TH Street, Wilmington, DE 19801

$395,000

2,875 sqft 0.03 AC lot

Three 2-bedroom apartments in a vibrant, walkable Wilmington neighborhood.

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Mixed-Use Corner Property

2501 & 2521 North Market St, Wilmington, DE 19802

$1,500,000

4,464 sqft

Renovated corner commercial building with flexible ground and lower-level space and two upper apartments, plus rear parking.

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Two-Unit Duplex with Two Bedrooms

912 MCCABE Avenue, Wilmington, DE 19802

$425,000

2,100 sqft 0.12 AC lot

Duplex with two two-bedroom units, including a renovated first-floor layout and an upstairs unit with a long-term tenant.

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Two-Unit Cape Cod with Garage

310 SILVERBROOK Drive, Wilmington, DE 19804

$425,000

1,425 sqft 0.15 AC lot

Cape Cod offers two rental units with private laundry access and a detached two-car garage.

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Duplex with Private Rear Decks

623 CONCORD Avenue, Wilmington, DE 19802

$315,000

1,675 sqft 0.07 AC lot

Two-unit duplex with in-unit washer and dryer and separate private rear decks for flexible living arrangements.

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Wilmington Four-Unit Investment Opportunity

802 Washington Street, Wilmington, DE 19801

$265,000

2,967 sqft

Four-unit building with income potential in Wilmington's vibrant heart.

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Three-Unit Residential Income Property

2120 N PINE Street, Wilmington, DE 19802

$109,900

2,400 sqft 0.03 AC lot

As-is three-unit property with three 2-bedroom, 1-bath units, sold with buyer responsible for required certifications.

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Updated Duplex in Wilmington

1607 W 4TH Street, Wilmington, DE 19805

$230,000

1,800 sqft 0.04 AC lot

Two-unit property with updated electrical systems, suitable for investors.

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Duplex with Two Residential Units

1226 NEW ST, Wilmington, DE 19808

$550,000

3,000 sqft

Two-unit residential income property with a vacant 3-bedroom home and a 2-bedroom unit over a 2-car garage.

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Corner Mixed-Use Triplex with Salon

837 W 4TH Street, Wilmington, DE 19801

$375,000

2,268 sqft 0.02 AC lot

Tenant-occupied corner triplex with a street-facing salon on the first floor and two 2-bedroom apartments above.

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Renovated Triplex with Updated Interiors

709 W 19TH ST, Wilmington, DE 19802

$550,000

0.06 AC lot

Renovated triplex offering three updated units with remodeled kitchens and refinished hardwood floors.

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Six-Unit Apartment with Potential

131 W 18th St, Wilmington, DE 19802

$850,000

5,535 sqft

Six-unit apartment building offering value-add potential.

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Central Business District Mixed-Use Building

919 N ORANGE Street, Wilmington, DE 19801

$649,000

0.05 AC lot

3-story C-4 mixed-use property with a turnkey restaurant and two residential units above it.

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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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Historic Wilmington Apartment Building Opportunity

703 North West Street, Wilmington, DE 19801

$499,900

3,150 sqft

Historic building with redevelopment potential in Wilmington's Downtown Development District.

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Two-Unit Duplex Apartment Building

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

$950,000

4,350 sqft 0.11 AC lot

Duplex with separate entrances and a common-access basement, featuring four- and five-bedroom units plus limited off-street parking.

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Mixed-Use Redevelopment Tower

600 W 12th St, Wilmington, DE 19801

Contact for pricing

658,000 sqft

Proposed mixed-use tower combines residential units, street-level retail, and structured parking for a Wilmington gateway site.

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Wilmington Triplex Near Downtown

1310 N FRENCH ST, Wilmington, DE 19801

$315,000

0.05 AC lot

Fully leased triplex near Brandywine, Downtown Wilmington, and Brandywine Trails.

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Twelve-Unit Apartment Building

709 WINDSOR St, Wilmington, DE 19801

$1,650,000

Well-maintained 2012 apartment building with private parking and approved variance for expansion to additional units.

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Duplex Investment Property

2521 N TATNALL Street, Wilmington, DE 19802

$250,000

1,525 sqft 0.04 AC lot

Duplex with two separate income-producing units, offered for sale as-is for investors or owner occupants.

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Apartment Building Near Richardson Park

5 WINSTON Ave, Wilmington, DE 19804

$1,200,000

Apartment building with steady cash flow near public transportation.

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Multifamily and Commercial Investment Opportunity

3403 Lancaster Pike, Wilmington, DE 19805

Contact for pricing

76,250 sqft

71 apartments and 4 commercial spaces in Wilmington, Delaware.

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Wilmington, DE Multifamily Properties Market Trends and Statistics

Explore 49 multifamily properties for sale in Wilmington, DE, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 94,223 square feet of properties for sale, with an estimated market value of $13,209,700.

Sale prices for multifamily properties in Wilmington, DE start at $109,900, averaging $695,247, and reaching up to $4,500,000 — 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
19805	$417.5K
19801	$515K
19808	$550K
19802	$595.7K
19804	$668K

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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Wilmington, DE Multifamily Properties for Sale

600 W 5TH Street, Wilmington, DE 19801

902 N MADISON Street, Wilmington, DE 19801

801 W 9TH Street, Wilmington, DE 19801

2501 & 2521 North Market St, Wilmington, DE 19802

912 MCCABE Avenue, Wilmington, DE 19802

310 SILVERBROOK Drive, Wilmington, DE 19804

623 CONCORD Avenue, Wilmington, DE 19802

802 Washington Street, Wilmington, DE 19801

2120 N PINE Street, Wilmington, DE 19802

1607 W 4TH Street, Wilmington, DE 19805

1226 NEW ST, Wilmington, DE 19808

837 W 4TH Street, Wilmington, DE 19801

709 W 19TH ST, Wilmington, DE 19802

131 W 18th St, Wilmington, DE 19802

919 N ORANGE Street, Wilmington, DE 19801

600 HOMESTEAD Road, Wilmington, DE 19805

703 North West Street, Wilmington, DE 19801

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

600 W 12th St, Wilmington, DE 19801

1310 N FRENCH ST, Wilmington, DE 19801

709 WINDSOR St, Wilmington, DE 19801

2521 N TATNALL Street, Wilmington, DE 19802

5 WINSTON Ave, Wilmington, DE 19804

3403 Lancaster Pike, Wilmington, DE 19805

Wilmington, DE Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

Need Help?

Browse Multifamily properties for Sale Near Wilmington, DE

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Most Searched ZIP Codes in Wilmington, DE

Wilmington, DE Multifamily Properties for Sale

600 W 5TH Street, Wilmington, DE 19801

902 N MADISON Street, Wilmington, DE 19801

801 W 9TH Street, Wilmington, DE 19801

2501 & 2521 North Market St, Wilmington, DE 19802

912 MCCABE Avenue, Wilmington, DE 19802

310 SILVERBROOK Drive, Wilmington, DE 19804

623 CONCORD Avenue, Wilmington, DE 19802

802 Washington Street, Wilmington, DE 19801

2120 N PINE Street, Wilmington, DE 19802

1607 W 4TH Street, Wilmington, DE 19805

1226 NEW ST, Wilmington, DE 19808

837 W 4TH Street, Wilmington, DE 19801

709 W 19TH ST, Wilmington, DE 19802

131 W 18th St, Wilmington, DE 19802

919 N ORANGE Street, Wilmington, DE 19801

600 HOMESTEAD Road, Wilmington, DE 19805

703 North West Street, Wilmington, DE 19801

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

600 W 12th St, Wilmington, DE 19801

1310 N FRENCH ST, Wilmington, DE 19801

709 WINDSOR St, Wilmington, DE 19801

2521 N TATNALL Street, Wilmington, DE 19802

5 WINSTON Ave, Wilmington, DE 19804

3403 Lancaster Pike, Wilmington, DE 19805

Wilmington, DE Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

Need Help?

Browse Multifamily properties for Sale Near Wilmington, DE

Popular Searches in Wilmington, DE

Popular Categories

Most Searched ZIP Codes in Wilmington, DE

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