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$485,000
25 Days On Site

1531 DELAWARE AVENUE
WILMINGTON, DE 19806

For Sale|Triplex|Pending
4
Beds
0
Total Baths
1,975
SqFt
$246
/SqFt
1900
Built
Subdivision:
FORTY ACRES
County:
NEW CASTLE
Listing courtesy of Real of Pennsylvania

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215-206-1980
1531 DELAWARE AVENUE1531 DELAWARE AVENUE1531 DELAWARE AVENUE1531 DELAWARE AVENUE
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Photos Coming Soon!! Discover an incredible opportunity near one of Wilmington’s most beloved and walkable neighborhoods — vibrant, charming Trolley Square! This well-maintained triplex offers a blend of stable rental income, future value-add potential, and unbeatable location just steps from restaurants, cafés, local shops, nightlife, and community favorites. This 3-unit property includes two currently occupied one-bedroom apartments with leases secured through August 2026 — a fantastic benefit for investors seeking immediate and predictable cash flow. The top-floor unit is ready for its next chapter, offering a blank canvas for renovation to elevate rents and maximize returns. Whether updating the two bedroom into a space to add rental income or to create the perfect owner-occupied space — the upside is all yours. Whether you’re growing your investment portfolio or envisioning the perfect space to live and earn in a thriving location, this triplex checks all the boxes: income stability now with exceptional potential ahead.

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Listing Snapshot
Price 
$485,000
Days On Site 
25 Days
Bedrooms 
4
Inside Area (SqFt) 
1,975 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1900
MLS® Number 
DENC2093544
Status 
Pending
Property Tax 
$6,718
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoStatus changed to Pending
2 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.05
Foundation 
Block
Number Of Stories 
3
Parking 
On Street
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1975
SqFt Total 
1975
Style 
Victorian
Water Source 
Public
Zoning 
26R-4
Interior Features
Appliances 
Gas Water Heater
Cooling 
Window Unit(s)Electric
Heating 
Natural GasHot Water
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Community Features
MLS Area 
Wilmington (30906)
School District 
RED CLAY CONSOLIDATED
Schools
School District
RED CLAY CONSOLIDATED
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Real of Pennsylvania



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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