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1001 & 1003 W. 8th St. W 8Th Street Wilmington, DE $ 1,050,000
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1001 & 1003 W. 8th St. W 8Th Street
$ 1,050,000
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1001 & 1003 W. 8th St. W 8Th Street

Wilmington, DE, 19806
$ 1,050,000
Bedrooms9 Baths0.0

Monthly Estimate*

$ 6,465

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Multi-Family Home for sale in Wilmington, DE

for $1,050,000 with 9 bedrooms. This home was built in 1889 on a lot size of 0.11.

Welcome to Cool Springs, located on the Westside of the City of Wilmington! Proximity to highways, places of worship, educational facilities, and moments to hot spots in Trolley Square, Union Street, and the Central Business district downtown, this is right in the middle of it all! Nine unit apartment building comprised of two structures with separate entrances with a common access basement is ready for its next operator. 1001 offers four units while 1003 offers five. A sliver of off street parking rounds out the amenities for tenants and management alike. An eclectic mix of modern and functional units that afford a cozy lifestyle for tenants. Separate systems make operation dynamics a breeze and keep owner expenses to a minimum. Excellent opportunity for some value add projects while repositioning of rents to increase cash flow and maximize return on investment. Could be the cornerstone of a performing portfolio, or a healthy addition to a scaled operation. A unique opportunity in a desirable locale for the smart investor to capitalize on!

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 8,065

Style

Colonial

Lot Size

0.11

Year Built

1889

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2099036
Features
General
Living Area 4350
Sewer Public Sewer
Heating Forced Air Heat Pump - Electric BackUp Hot Water & Baseboard - Electric
Cooling Central A/C Ceiling Fan(s)
Possession Immediate
Roof Flat
Zoning 26R-3
Patio/Porch Features Porch(es) Deck(s)
Architectural Style Colonial
Construction Materials Brick
School District RED CLAY CONSOLIDATED
Exclusions Tenant Personal Property
Year Built 1889
Electric 200+ Amp Service Circuit Breakers
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County NEW CASTLE
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Pennsylvania Ave. towards the City of Wilmington. Right onto N. Jackson St. Right onto W. 8th St. End at subject on the right hand corner.
City WILMINGTON
Disclosures Lead Based Paint - State Radon Sell Entirely
Number Of Units Total 2
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 4935.00
Number of Units Leased 9
Tax Annual Amount 8065.21
Home Warranty Y/N N
Property Condition Good
Two Bedroom 0
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 241.38
Acceptable Financing Cash Exchange Private Wrap
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Urban
Lease Type Month to Month Yearly
Standard Status Active
Year Built Source Estimated
Legal Subdivision WILMINGTON
Tax Lot 292
Total Actual Rent 93048.00
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas Electric
Basement Full Outside Entrance Unfinished
Flooring Carpet Laminate Plank Vinyl
Hot Water Natural Gas Electric
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Exterior Amenities Exterior Lighting Fire Escape Sidewalks Street Lights
Pool No Pool
Parking Features Concrete Driveway
Water Source Public
Inclusions As Shown
Type of Parking On Street Driveway
Foundation Details Stone
Spa N
Water View Y/N N
Lot Dimensions 47x105
Lot Size Acres 0.11
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 274200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1001
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* Excluded Features
List By
Pantano Real Estate Inc

Broker

jphurley27@gmail.com

Email

Affordability Calculator

$7,137
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,465
Monthly Property Taxes
$672
Monthly 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.
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Nearby
3533515 Elementary School
3533569 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/18/2026$1,050,000 Listed Price

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1001 & 1003 W. 8th St. W 8Th Street, Wilmington, DE, 19806 is a Multi-Family Home for sale at $1,050,000 with a lot size of 0.11. 1001 & 1003 W. 8th St. W 8Th Street has 9 bedrooms, 0.0 baths, and was built in 1889. The property's zip code is 19806 which is in Wilmington, DE

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