1410 & 1412 Delaware Avenue, Wilmington, DE 19806
- $2,000,000
- Sold Price
- $2,000,000
- List Price
- $2,175,000
- Closing Date
- Apr 05, 2026
- Days on Market
- 100
- Status
- CLOSED
- MLS#
- DENC2093000
- Lot Size (Acres)
- 0.15
- Year Built
- 1910
- County
- New Castle
- School District
- Red Clay Consolidated
Property Description
Investment Opportunity – Monument Square Apartments presents a rare chance to acquire a stabilized 11 unit multifamily property in Wilmington’s sought-after Trolley Square neighborhood. The asset consists of two adjoining three-story brick buildings on separate parcels, with each apartment featuring its own character and separately metered utilities. Over the past five years, ownership has invested in both cosmetic updates and key system improvements across all units, enhancing tenant appeal and reducing near-term capital needs. The property is well-positioned to provide consistent cash flow with upside through future rent growth in a high-demand submarket. For scale-minded investors, this property can also be acquired with two adjacent buildings totaling 18 additional units plus a buildable lot, offering immediate portfolio expansion in one of Wilmington’s most desirable rental corridors. Full financials and package details available upon request.
Additional Information
- Area
- Wilmington (30906)
- Subdivision
- Trolley Square
- Taxes
- $3165
- Stories
- 3
- School District
- Red Clay Consolidated
- Heating
- 90% Forced Air, Radiator, Zoned
- Heating Fuel
- Natural Gas, Oil
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Long & Foster Real Estate, Inc.. Contact:
Selling Office: .