1403 N Broom Street Wilmington, DE ^$ 900,000

1403 N Broom Street

^$ 900,000

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1403 N Broom Street

Wilmington, DE, 19806

^$ 900,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 5,615

1403 N Broom Street, Wilmington, DE 19806 - Image 1

1403 N Broom Street, Wilmington, DE 19806 - Image 2

Commercial Property for sale in Wilmington, DE

for $900,000. This building was built in 1877 on a lot size of 0.09.

Investment Opportunity Monument Square Apartments presents a rare chance to acquire a stabilized 10-unit multifamily property in Wilmingtons 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 19 additional units plus a buildable lot, offering immediate portfolio expansion in one of Wilmingtons most desirable rental corridors. Full financials and package details available upon request.

Commercial Pending

Price

^$ 900,000

Property Type

Commercial

Taxes

^$ 12,641

Style

Apartment Building

Lot Size

0.09

Year Built

1877

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2093092

Features

Interior

Heating Fuel Natural Gas

Hot Water Oil

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Hot Water

Cooling Central A/C Window Unit(s)

Possession Negotiable

Zoning 26R-2A

Construction Materials Brick

Year Built 1877

Property Subtype Other

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Business Type Apartment Building

Accessibility None

County NEW CASTLE

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status PENDING

Directions USE GOOGLE MAPS OR WAZE

City WILMINGTON

Number Of Units Total 0

MLS Area Wilmington (30906)

Lot Size Units Square Feet

Lot Size Square Feet 3920.00

Tax Annual Amount 12641.0

Vacation Rental Y/N N

Standard Status Pending

Year Built Source Estimated

Legal Subdivision WILMINGTON

Tax Lot 189

Exterior

Water Source Public

Type of Parking On Street

Water View Y/N N

Building Area Total 0.00

Lot Dimensions 26.00 x 150.00

Lot Size Acres 0.09

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 232200.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 1403

* Excluded Features

List By

Long & Foster Real Estate, Inc.

Broker

buzz.moran@lnf.com

Affordability Calculator

$6,668

Per Month

Monthly Principal & Interest: $5,615
Monthly Property Taxes: $1,053
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wilmington, DE

Average List Price ^$1,021,339

Percent of Sale Price 13%

About Wilmington, DE

72,929 Population

0% Since 2002

^$41,839 Median Income

36.72 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/14/2025	$900,000		Listed Price

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1403 N Broom Street, Wilmington, DE, 19806 is a Commercial Property for sale at $900,000 with a lot size of 0.09. 1403 N Broom Street was built in 1877. The property's zip code is 19806 which is in Wilmington, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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1403 N Broom Street

Commercial Property for sale in Wilmington, DE

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