1531 DELAWARE AVE, Wilmington, DE 19806
1531 DELAWARE AVE, Wilmington, DE 19806
1531 DELAWARE AVE, Wilmington, DE 19806
1531 DELAWARE AVE, Wilmington, DE 19806
1531 DELAWARE AVE, Wilmington, DE 19806
1531 DELAWARE AVE, Wilmington, DE 19806
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Listed by Marcee McMullen • Real of Pennsylvania
Bought with Andre Sean Bodiford • Long & Foster Real Estate, Inc.

$501,000

$485,000

3.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,975 SqFt


SOLD DATE : 12/19/2025

Key Details

Sold Price $501,000

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,975 sqft

Price per Sqft $253

Subdivision Forty Acres

MLS Listing ID DENC2093544

Sold Date 12/19/25

Style Victorian

Abv Grd Liv Area 1,975

Year Built 1900

Available Date 2025-11-28

Annual Tax Amount $6,718

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 16.00 x 133.30

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

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.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-4

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Foundation Block

Above Ground Finished SqFt 1975

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-020.20-070

Ownership Fee Simple

SqFt Source 1975

Special Listing Condition Standard

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Bright MLS (BMLS)

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+1(302) 588-7812 | beckie@vrarealty.com

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