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600 W 5th St , Wilmington, DE 19801
$350,000
Est. Payment: $1,914.08/mo
6 Bed
2775 Sqft
0.04 Acres
Status: active | Days on site: 115
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HOMERLTY - 3120531
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Come see this great investment opportunity! The building features 3 units consisting of three 2-bedroom units and 1-bathroom units. Separate gas hot water and electric services for each unit. This property is within walking distance to Downtown Wilmington, the Business District, and the Wilmington Riverfront. This property offers a great investment opportunity or the chance to owner-occupy one unit while renting out the others. The building has Three two-bedroom 1 bath units at $1,200 each. $3,600 a month total plus the garage is rented at $150 a month which is approximately $45000/yr annual rental income. The City of Wilmington Business license is current for all the rental units. The landlord does have the security deposits in Escrow. All the utilities are separate systems. The house has a central sprinkler system, hard wired smoke and carbon dioxide detectors. Don’t miss out on this opportunity!
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Highlights

Listed by Michael Hunter , 3026904144 Home Realty , 3022667544. Bright MLS

Property Type

Multi-Family
Lot/Acreage
0.04

Year Built

1890

County

New Castle

Area

Wilmington (30906)

 School District

Christina

Listing ID

DENC2106736

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
Air Cond:Window Unit(s)
Fireplaces:
Above Ground Sq Ft:2775
Basement:Full
Other:
  • ▪ Additional:Sprinkler System
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:26R-4
Roof:Flat
Others:
  • ▪ Additional:Sidewalks, Below Average
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,914
Taxes
$226

Home Price

$350,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,914.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,914.08 $226.25 $0.00 $2,140.33
Yearly $22,969.00 $2,715.00 $0.00 $25,684.00
Total $689,070.04 $81,450.00 $0.00 $770,520.04
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Wilmington, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS