902 N Madison St Wilmington, DE 19801
For Sale
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Charming Investment Opportunity in Historic Trinity Vicinity Presenting a rare and timeless multi-family property with classic brick architecture on a peaceful, tree-lined street in the highly desirable Trinity Vicinity of Wilmington, DE. This brick triplex, originally built in 1875, offers a strong income-producing layout and exceptional location just minutes from downtown’s business district, shops, restaurants at Trolley Square, parks, entertainment options, and convenient I-95 access — ideal for both residents and commuters. Each of the three spacious units features 2 bedrooms and 2 full baths, thoughtfully designed with generous layouts and classic period details. Walk through living spaces, while eat-in kitchens open to outdoor decks or yard areas — perfect for outdoor enjoyment and tenant appeal. Decorative radiators, extra-wide baseboards, bumped-out windows, arched doorways and exposed brick walls offer timeless character that sets this property apart. Each unit is tenant occupied on month to month lease at $ bikeScore: 47, Somewhat Bikeable walkScore: 43, Car-Dependent transitScore: 51, Good Transit
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.