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sales rep | Brivity IDX

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1220 W 4th St , Wilmington, DE 19805
$329,000
Est. Payment: $1,799.24/mo
4 Bed
2275 Sqft
0.04 Acres
Status: active | Days on site: 99
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61018 - 3163540
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House Description

Investor Opportunity - Income Producing Triplex in the Heart of Wilmington! Don't miss this rare opportunity to own a well-maintained triplex in the City of Wilmington. This income producing property is an excellent addition to any investment portfolio, with strong rental potential and a convenient central location. The first floor unit is a 1-bedroom, 1 bathroom apartment currently rented for $ 1,050/month, the second-floor unit is a 2-bedroom, 1 bathroom apartment has a new renter starting August 1 generating $ 1,100/month, and the third floor unit is a 2-bedroom, 1 bathroom apartment currently vacant but was previously rented for $ 1200/month, offering immediate upside for additional income. New roof December 2025, new boiler and updated electrical and flooring February 2025. Ideally situated just minutes from Amtrak, I-95, downtown Wilmington, shopping, restaurants and other local amenities, this property offers both convenience and strong rental appeal. Whether you're looking to expand your investment portfolio or purchase a propery with immediate cash flow and value-add potential, this triplex is an opportunity you won't want to miss. Schedule your showing today and take advantage of this competitively priced investment propery!

Highlights

Listed by Jennifer J Lee , 3025718855 BHHS Fox & Roach-Greenville , 3025718855. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

1900

County

New Castle

Area

Wilmington (30906)

Neighborhood

None Available

School District

Red Clay Consolidated

Listing ID

DENC2105976

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
Above Ground Sq Ft:2275
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:17.80 x 100.00
Zoning:26R-3
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,799
Taxes
$240

Home Price

$329,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$65,800
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:
$1,799.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,799.24 $239.67 $0.00 $2,038.91
Yearly $21,590.86 $2,876.00 $0.00 $24,466.86
Total $647,725.84 $86,280.00 $0.00 $734,005.84
Lender profile image
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: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS