Wilmington, DE Residential Income Properties for Sale

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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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This listing looks promising.

Here's a quick look at some key insights for

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

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

Two‑unit apartment building (twin structure) with separate entrances and a common access basement
1001 unit has 4 bedrooms; 1003 unit has 5 bedrooms
Brick construction with Colonial architectural style
Separate heating and cooling systems: electric/hot water/forced air/baseboard/heat pump plus central air and ceiling fans
On‑street parking plus driveway parking

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Updated Single-Family Home with Patio

1323 WOODLAWN AVENUE, Wilmington, DE 19806

$657,000

2,100 sqft

Updated 4-bedroom home with renovated baths, hardwood floors, and a fenced patio with one-car garage access.

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Updated Victorian Twin Home

617 N VAN BUREN STREET, Wilmington, DE 19805

$330,000

2,050 sqft

Updated three-story twin offers four bedrooms, two and a half baths, and a private third-floor owner’s suite.

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8-Unit Multifamily with 9th Potential

1300 N French St, Wilmington, DE 19801

$1,250,000

6,513 sqft

8-unit multifamily with a unit mix of one-, two-, and three-bedrooms, spanning 6,513 square feet.

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Income Triplex with Updated Systems

1220 W 4TH STREET, Wilmington, DE 19805

$359,900

2,275 sqft

Three-unit triplex with recent roof, boiler, electrical, and flooring updates, including two occupied 2-bedroom units.

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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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Multi-Family Investment Property

116 W 30th Street, Wilmington, DE 19802

$699,000

4,500 sqft

Seven-unit multifamily building with one 1-bedroom and six studio units, with portions renovated with modern finishes.

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Triplex with Three 2BR Units

600 W 5TH Street, Wilmington, DE 19801

$350,000

2,775 sqft 0.04 AC lot

Triplex offers three separate 2-bedroom, 1-bath units with separate utilities for each unit.

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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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Nine-Unit Apartment Investment

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

$1,050,000

4,350 sqft

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

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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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Brick Quadplex With Off-Street Parking

326 6th Avenue, Wilmington, DE 19805

$415,000

1,850 sqft

Solid brick quadplex with four units, three off-street parking spaces, and a large basement with potential for added laundry income.

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Renovated 3-Bedroom Twin Home

3211 N JEFFERSON STREET, Wilmington, DE 19802

$318,500

1,175 sqft

Renovated 3-story brick twin home with 3 bedrooms, 1.5 baths, and central air, plus an unfinished basement.

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Semi-Detached Single-Family Home

2004 N BROOM STREET, Wilmington, DE 19802

$329,900

1,625 sqft

Brick semi-detached home with three bedrooms, two and a half baths, refinished hardwoods, and a detached one-car garage.

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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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All-Brick Twin Home

1813 BEECH STREET, Wilmington, DE 19805

$314,900

1,250 sqft

3-bedroom twin home with an attached garage, basement recreation room, and off-street parking via rear driveway.

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As-Is Three-Unit Residential Property

2120 N PINE STREET, Wilmington, DE 19802

$109,900

2,400 sqft

Triplex with three two-bedroom, one-bath units sold in as-is condition.

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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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Cape Cod Duplex with Detached Garage

310 Silverbrook Drive, Wilmington, DE 19804

$425,000

1,425 sqft

Cape Cod duplex with two permitted rental units and a detached two-car garage, sold as-is where-is.

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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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Three-Story Mixed-Use Building

12 Trolley Square, 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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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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Wilmington, DE Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Wilmington, DE, showcased through 70 active listings on our real estate platform. These investment opportunities span a total of 839,177 square feet of properties for sale, with an estimated market value of $29,964,399.

Sale prices for residential income properties in Wilmington, DE start at $109,900, averaging $499,406, and reaching up to $1,685,000 — 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	$579.4K
19804	$634.8K

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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