1401 W 4Th Street Wilmington, DE ^$ 199,000

1401 W 4Th Street

^$ 199,000

Back to search

Recently Listed

1401 W 4Th Street

Wilmington, DE, 19805

^$ 199,000

Bedrooms5 Baths0.0

Monthly Estimate*

^$ 1,225

Multi-Family Home for sale in Wilmington, DE

for $199,000 with 5 bedrooms. This home was built in 1946 on a lot size of 0.09.

Mixed-use, multi-family property offering strong redevelopment potential. The existing structure includes one commercial unit, three residential apartments, and a detached two-car garage. The property is commercially zoned. Property sustained fire damage affecting y two units however the entire property requires significant repairs or full rehabilitation. This presents an excellent opportunity for an investor or developer to rehab and reposition the existing building, tear down and rebuild a new multi-unit structure, or redevelop the site into several townhomes, subject to zoning and municipal approvals. Ideal for value-add investors seeking a project with upside in a mixed-use or residential redevelopment strategy. Property is being sold as-is. Buyer to conduct all due diligence regarding zoning, permits, and redevelopment options. Sale is based on land value, no entry is offered. Agent has equitable interest.

Multi-Family Active

Price

^$ 199,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 3,967

Style

Lot Size

0.09

Year Built

1946

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2096886

Features

General

Living Area 0

Sewer Public Sewer

Heating Heat Pump(s) Baseboard - Electric

Cooling Other

Possession Immediate

Zoning 26R-3

Garage Spaces 2.00

Architectural Style Other

Construction Materials Brick Mixed

School District RED CLAY CONSOLIDATED

Year Built 1946

Property Subtype Quadruplex

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Accessibility None

County NEW CASTLE

New Construction N

Property Type Multi-Family

Garage Y/N Y

Water Access Y/N N

Other Structures Above Grade Below Grade

Status ACTIVE

Directions Fourth Street to corner of Broom

City WILMINGTON

Number Of Units Total 4

MLS Area Wilmington (30906)

Lot Size Units Square Feet

Lot Size Square Feet 3920.00

Tax Annual Amount 3967.0

Two Bedroom 2

Structure Type Detached

Acceptable Financing Cash

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Legal Subdivision WILMINGTON

Tax Lot 294

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Fireplace Y/N N

Central Air Y/N N

Exterior

Pool No Pool

Water Source Public

Garage Features Garage - Front Entry

Type of Parking Driveway On Street Parking Garage

Foundation Details Other

Water View Y/N N

Lot Dimensions 80.00 x 50.00

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 1401

* Excluded Features

List By

Innovations Realty

Broker

kimberly@ibsolutions.info

Affordability Calculator

$1,556

Per Month

Monthly Principal & Interest: $1,225
Monthly Property Taxes: $331
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Wilmington, DE

Average List Price ^$311,930

Percent of Sale Price 57%

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.

3533515 Elementary School

3533569 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/8/2026	$199,000		Listed Price

Map

More homes like this one

homes for you

See all

1401 W 4Th Street, Wilmington, DE, 19805 is a Multi-Family Home for sale at $199,000 with a lot size of 0.09. 1401 W 4Th Street has 5 bedrooms, 0.0 baths, and was built in 1946. The property's zip code is 19805 which is in Wilmington, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1401 W 4Th Street

Multi-Family Home for sale in Wilmington, DE

Affordability Calculator

Map

More homes like this one

Get more info about this home