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    Property profile & analytics

    1206 22nd St Wilmington, DE 19802-4601

    • Apartment buildings
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US17-0234298
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1206 22nd St

    Lot size
    0.03 lot acres
    Zone code
    26R-5A
    Property type
    Apartment buildings
    APN
    26-037.10-054
    APU
    2603710054

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5299
    Latitude
    39.7461
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $795
    $2,600
    $11,900
    $14,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      2611 Speakman Pl

      APARTMENT HOUSE (5+ UNITS) • 0.04 Acres
      2611 Speakman Pl, Wilmington, DE 19802-4413
      View Details
    • Value Estimation by Request
      0.07 Acres

      702 22nd St

      APARTMENT HOUSE (5+ UNITS) • 0.07 Acres
      702 22nd St, Wilmington, DE 19802-3929
      View Details
    • Value Estimation by Request
      0.03 Acres

      918 17th St

      APARTMENT HOUSE (5+ UNITS) • 0.03 Acres
      918 17th St, Wilmington, DE 19802-5111
      View Details
    • Value Estimation by Request
      0.03 Acres

      503 22nd St

      APARTMENT HOUSE (5+ UNITS) • 0.03 Acres
      503 22nd St, Wilmington, DE 19802-4009
      View Details
    • Value Estimation by Request
      4,218 SF

      2800 Tatnall St

      BOARDING/ROOMING HOUSE • 4,218 SF
      2800 Tatnall St, Wilmington, DE 19802-3554
      View Details
    • Value Estimation by Request
      0.30 Acres

      2311 Nene Blvd

      COMMERCIAL (GENERAL) • 0.30 Acres
      2311 Nene Blvd, Wilmington, DE 19802-4506
      View Details

    Similar Nearby for Sale

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      Mixed-Use Property with Income

      Mixed-use property featuring offices and apartments, fully leased.
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    • New
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      Two-unit property in Wilmington, offering immediate or potential rental income.
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      Two-unit property in Wilmington, DE, offering immediate or future rental income.
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      Multi-level home with rental potential or redesign opportunity.
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    Similar Nearby for Lease

    • $1,500 /Mo

      Professional Office Space For Lease

      700 SF office space near Brandywine Riverfront, Wilmington.
      1905 Superfine Ln, Wilmington, DE 19802
      View Details
    • $350,000

      Land Available For Lease

      Land for lease with flexible lease terms considered.
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    • Contact for pricing
      82,628 SF

      Brandywine Industrial Center: Wilmington, DE

      82,628 SF Office/Warehouse For Lease
      1324 12Th St, Wilmington, DE 19802
      View Details
    • $6 SF/Yr
      127,229 SF

      Wilmington Industrial Space Available

      Flexible Warehouse Space in Delaware
      1400 Vandever Ave, Wilmington, DE 19802
      View Details
    • $12 SF/Yr
      2,398 SF

      Wilmington Warehouse Space Available

      Warehouse/Industrial space for lease in Wilmington, Delaware.
      1241-1255 E 16Th St, Wilmington, DE 19802
      View Details
    • Contact for pricing
      650 SF

      Retail Space in Growing Neighborhood

      Retail space available in Wilmington, close to Interstate 495.
      2400 Northeast Blvd, Wilmington, DE 19802
      View Details
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    1206 22nd St
    Wilmington, DE 19802-4601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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