CHARIS REALTY GROUP

Colonial

409 W 8TH STREET

WILMINGTON, DE 19801

MLS#: DENC2113310

$595,000

Status: Active
Listing number: DENC2113310
Listing provided by: Compass
Listing agent phone: None
Last update: 3 days ago
New on site 4 days ago
Browse Properties
Main image without alt text

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1899

Sq.Footage

3,000

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in Wilmington. The building consists of five one-bedroom apartments and one studio apartment, with the units overall in solid condition. All six units are currently occupied by paying tenants, providing an established income stream from day one. This is a straightforward addition to an investor’s portfolio. With a desirable unit mix, existing tenancy, and solid overall condition, 409 W 8th Street offers investors the opportunity to acquire a stabilized multifamily asset with continued income potential. Conveniently located near downtown Wilmington, major employment centers, public transportation, shopping, dining, and area amenities. Property sq. ft. and taxes are estimated based on New Castle County records. Buyer to perform due diligence.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3000.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1,742

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Colonial

Price

  • Sales Price

    $595,000

  • Tax Amount

    $5,974

  • Sq. Footage

    3,000

  • Price/SqFt

    $198

HOA

  • Association

    N/A

  • Total Monthly Fees

    true

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • New Construction

    NO

  • Accessibility Features

    Accessible Doors

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    358

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

NEW CASTLE

Elementary School

Middle School

High School

Listing Courtesy of Cole Mathew Ciber, Compass

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Margo Miller

Salesperson, Realtor

Margo Miller

Call Margo today to schedule a private showing.

(301) 524-0999

(340) 913-9339

margo@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Excellent opportunity to acquire a well-maintained 6-unit multifamily property in Wilmington. The building consists of five one-bedroom apartments and one studio apartment, with the units overall in solid condition. All six units are currently occupied by paying tenants, providing an established income stream from day one. This is a straightforward addition to an investor’s portfolio. With a desirable unit mix, existing tenancy, and solid overall condition, 409 W 8th Street offers investors the opportunity to acquire a stabilized multifamily asset with continued income potential. Conveniently located near downtown Wilmington, major employment centers, public transportation, shopping, dining, and area amenities. Property sq. ft. and taxes are estimated based on New Castle County records. Buyer to perform due diligence.

409 W 8TH STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group - Christine Issler, Broker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Welcome to 1600 Philadelphia Pike, an expansive, multi-faceted property offering over 4,000 sq ft of flexible living, work, and income-generating possibilities. Situated on a prominent corner lot in Wilmington’s Holly Oak corridor, this unique gem delivers classic architectural charm paired with modern functional spaces while generating substantial cash flow. Inquire within for full detailed financial breakdown, current total monthly rent for the three units is $8,500.00. The Main Residence Expansive Layout: 5 generous bedrooms, two full bathrooms and bright, airy living spaces featuring warm hardwood and laminate flooring throughout. One year lease in place. Upgraded Kitchen: Built for functionality with substantial cabinetry, butcher-block counters, stainless steel appliances, and ample workspace. Indoor-Outdoor Flow: Enjoy morning coffee or unwind in the three-season sunroom overlooking the grounds. Commercial space and third floor apartment Versatile Commercial / Studio Space: Historic charm abounds with soaring exposed beam ceilings and direct street visibility—perfect for a boutique storefront, private creative studio, professional office, or showroom. Currently leased on a multi year lease to a print shop. Upper-Level Apartment: Features a self-contained layout with an updated, stylish full bath and kitchen, ideal for steady rental revenue, an au pair suite, or multi-generational living. Outdoor Grounds & Parking Spacious Fully-Fenced Lot: Private backyard retreat complete with a designated fire pit lounge area, mature trees, and storage outbuildings. Substantial Parking: Rare dedicated off-street parking capacity with an expansive multi-car driveway, making commercial client visits or multi-tenant parking effortless. 8 parking spots for commercial space. 6 additional parking spaces for tenants. Location & Commute Conveniently located along the Philadelphia Pike corridor with rapid access to I-95, I-495, and the Claymont train station, offering an easy commute north to Philadelphia , Philadelphia International Airport or south into Center City Wilmington.
#DENC2111634

WILMINGTON

1600 PHILADELPHIA PIKE

1 Beds

None Baths

4,075 Sq.Ft.

$699,000

MLS#: DENC2111634

Step into Wilmington’s storied past with 703 N West St, a historic apartment building on the National Register of Historic Places since 1979, adjacent to its sister property and representing one of the city’s only surviving pair of 18th-century stone houses with side-hall plans. Constructed around 1760 by the Woodward family as part of their ropemaking enterprise vital to the colonial port’s shipbuilding trade, this three-story, stuccoed stone structure with a brick rear ell retains charming Georgian elements like paneled walls, chair rails, original fireplaces, and a mid-19th-century mantel with Minton tiles. Its L-shaped layout and preserved details, including wide floorboards and central staircase, highlight Quaker influences and early industrial life in Delaware, complete with unverified local lore tying its hearthstone to the Declaration of Independence platform in Philadelphia. This property offers lots of potential for creative redevelopment—whether restoring it as multi-family housing, converting to a single-family residence, or exploring other adaptive uses—while preserving its irreplaceable architectural heritage. Note that it has lost its prior multi-family use over time and would require approval from the zoning board to reinstate apartments or similar configurations. Situated in the heart of Wilmington’s Downtown Development District, this property qualifies for significant incentives to support your vision, including up to 20% rebates on qualified real property investments through Delaware’s Downtown Development Districts Rebate Program. As a National Register-listed site, it’s also eligible for federal historic preservation tax credits (up to 20% for certified rehabilitations) and potential state grants, making it an ideal opportunity for investors or preservation enthusiasts. In rough condition with needs for major renovations, including roof and stucco maintenance, interior updates, and system overhauls, it’s offered as-is, presenting a unique fixer-upper in Quaker Hill surrounded by commercial growth, historic districts, and easy access to downtown. Seize the opportunity to invest in and preserve this architectural gem while benefiting from incentives designed to boost downtown vitality.
#DENC2097724

WILMINGTON

703 N WEST STREET

7 Beds

None Baths

3,150 Sq.Ft.

$499,900

MLS#: DENC2097724

Income-Producing Triplex in Convenient Wilmington Location - Welcome to this spacious 3875-square-foot triplex, conveniently located in the City of Wilmington, Delaware, near Salesianum School. This versatile property features three separate rented apartments, making it an excellent opportunity for an investor seeking an established income-producing property. The property offers two generously sized apartments, each featuring three bedrooms and one full bathroom, along with a full kitchen with butler pantry, dining room, and living room and wood burning fireplace. The third apartment offers two bedrooms and one full bathroom, plus a studio style kitchenette and comfortable family room. Spacious 2 car garage with storage area and laundry location. With three separate living units under one roof, this property provides multiple income streams and the potential for long-term investment value. Its central Wilmington location offers convenient access to schools, transportation, employment centers, and major roadways. Great opportunities like this don’t come around often. Whether you are a seasoned investor looking to expand your portfolio, or a buyer looking to live in one unit and rent the others to offset your mortgage, this detached 3-unit property you don’t want to miss! All showings through listing agent. Proof of funds and 48 hour notice required prior to showing.
#DENC2111040

WILMINGTON

2401 N BROOM STREET

8 Beds

None Baths

3,875 Sq.Ft.

$625,000

MLS#: DENC2111040

A UNIQUE VALUE-ADD OPPORTUNITY IN NORTH WILMINGTON. Situated on an expansive .53-acre parcel in desirable 19803, this distinctive 1928 brick property is currently configured as three separate living spaces and offers approximately 2,525 square feet with multiple possibilities for its next owner. Ideal for an investor, owner-occupant, multigenerational living, or a buyer seeking a property with flexibility and future potential. The existing three-unit configuration provides a solid starting point with the opportunity to improve and reposition the property over time. The units vary in condition and level of improvement, and buyers should factor anticipated updates into their evaluation of the property's rental potential. Each of the three units features 1 bedroom and 1 bath with a separate entrance and separate electrical service. The main-level residence offers a spacious layout, inviting sunroom, and private access to the basement with laundry and storage. The upper level includes two additional units accessed from the second-floor covered porch. One offers two levels of living space, while the other provides convenient single-level living. What makes 4503 Weldin Road particularly unique is the flexibility beyond its current multi-family configuration. The property is also being offered in the Residential category, allowing buyers to explore conversion back to a single-family residence or other configurations that may better suit their needs and vision. The generous .53-acre parcel adds another dimension to the opportunity. Buyers interested in exploring possible subdivision, redevelopment, or other uses should conduct their own due diligence regarding zoning, feasibility, and all required governmental approvals. The classic brick exterior and attractive curb appeal enhance the property's presence, while the expansive lot offers space and privacy rarely found in this location. Convenient to North Wilmington amenities, shopping, dining, and major roadways, this is more than a traditional income-property offering. It is an opportunity for a buyer who recognizes the value of location, land, flexibility, and future potential in one of North Wilmington's most desirable zip codes. Bring your ideas and explore the possibilities at 4503 Weldin Road. Property is being sold in AS IS condition.
#DENC2109396

WILMINGTON

4503 WELDIN ROAD

3 Beds

None Baths

2,525 Sq.Ft.

$575,000

MLS#: DENC2109396

Rare mixed-use multi-family investment opportunity in Wilmington! 9 East 44th Street combines separately accessed residential areas, an expansive street-level commercial space with three large bays, and a generously sized lot—creating the potential for multiple income streams from one highly versatile property. The residential portions feature private entrances, allowing for separation between occupants and the commercial space. This flexible configuration may appeal to investors seeking rental income, owner-occupants looking to offset monthly expenses, or buyers interested in combining residential and business uses under one roof. What distinguishes this property from a traditional multi-family listing is its substantial commercial component. The street-level space features three bays and may be suitable for an automotive-related business, contractor operation, workshop, warehouse, storage, trades business, showroom, office, or other permitted commercial use. An investor may have the opportunity to generate income from both residential tenants and a commercial occupant rather than relying exclusively on residential rents. The generously sized lot provides additional outdoor space for parking, vehicle access, equipment, tenant use, business operations, or other possibilities permitted by local regulations. This added land is a valuable feature that can be difficult to find with mixed-use and multi-family properties in the surrounding Wilmington market. Separate access points allow the residential and commercial areas to function independently, while the large lot and three-bay configuration provide space and flexibility that many conventional duplexes, apartment buildings, storefronts, and garage properties cannot match. Ideal for multi-family investors, owner-occupants, entrepreneurs, contractors, automotive professionals, and buyers seeking a flexible income-producing asset. With residential rental potential, substantial commercial space, three bays, separate entrances, and a generously sized lot, 9 East 44th Street presents a rare opportunity to acquire multiple property uses and potential revenue streams in one location. Property configuration, permitted uses, number of legal dwelling units, rental licensing, parking requirements, zoning, and potential lot uses should be independently verified by the buyer with the appropriate governmental authorities.
#DENC2108644

WILMINGTON

9 E 44TH STREET

4 Beds

None Baths

5,259 Sq.Ft.

$499,000

MLS#: DENC2108644

Send a message

Message successfully sent.

Preferred location

Click the map to place a marker, or drag the marker to adjust it.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group - Christine Issler, Broker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Preferred Office

Preferred location

Click the map to place a marker, or drag the marker to adjust it.

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group - Christine Issler, Broker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service