109 Stroud Street Wilmington, DE ^$ 450,000

109 Stroud Street

^$ 450,000

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Recently Listed

109 Stroud Street

Wilmington, DE, 19805

^$ 450,000

Studio Baths0.0

Monthly Estimate*

^$ 2,771

109 Stroud Street, Wilmington, DE 19805 - Image 1

Studio

Multi-Family Home for sale in Wilmington, DE

for $450,000. This home was built in 1960 on a lot size of 0.09.

Prime redevelopment opportunity in a growing Wilmington corridor. This 4,701 square foot commercial building, originally constructed in 1960, offers significant upside for investors and developers seeking a value-add project. The property requires substantial renovation but presents a strong foundation for repositioning. Zoning and layout may support a residential conversion of 10+ units, with the potential for a higher unit count depending on design and approvals (buyer to verify; variance likely required). The site offers flexibility for those looking to explore ways to maximize density and overall value. Ideal for experienced investors looking to capitalize on Wilmingtons rental demand and redevelopment trends. Property is being sold strictly as-is. Bring your vision and unlock the full potential of this sizable asset.

Multi-Family Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 8,639

Style

Colonial

Lot Size

0.09

Year Built

1960

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2101236

Features

General

Living Area 4701

Sewer Public Sewer

Heating None

Cooling None

Possession 0-30 Days CD

Zoning 26R-3

Architectural Style Colonial

Construction Materials Brick

School District CHRISTINA

Year Built 1960

Property Subtype Other

Tax Year 2025

Ownership Fee Simple

Cool Fuel None

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 .

City WILMINGTON

Number Of Units Total 1

MLS Area Wilmington (30906)

Lot Size Units Square Feet

Lot Size Square Feet 3920.00

Tax Annual Amount 8639.0

Two Bedroom 0

Structure Type End of Row/Townhouse

Price Per Sq Ft Total AG 95.72

Acceptable Financing Cash

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Legal Subdivision WILMINGTON

Tax Lot 237

Interior

Heating Fuel None

Hot Water Natural Gas

Heating Y/N Y

Fireplace Y/N N

Central Air Y/N N

Exterior

Pool No Pool

Water Source Public

Type of Parking None

Foundation Details Block

Water View Y/N N

Lot Dimensions 61.00 x 61.00

Lot Size Acres 0.09

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 30600.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 109

* Excluded Features

List By

Compass

Broker

mark.stape@compass.com

Affordability Calculator

$3,491

Per Month

Monthly Principal & Interest: $2,771
Monthly Property Taxes: $720
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Wilmington, DE

Average List Price ^$381,782

Percent of Sale Price 15%

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.

3534162 Elementary School

3534061 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/22/2026	$450,000		Listed Price

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109 Stroud Street, Wilmington, DE, 19805 is a Multi-Family Home for sale at $450,000 with a lot size of 0.09. 109 Stroud Street is a studio with 0.0 baths and was built in 1960. 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.

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109 Stroud Street

Multi-Family Home for sale in Wilmington, DE

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