1220 W 4Th Street Wilmington, DE $ 339,000
1220 W 4Th Street
$ 339,000
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1220 W 4Th Street

Wilmington, DE, 19805
$ 339,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,341

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Multi-Family Home for sale in Wilmington, DE

for $339,000 with 4 bedrooms. This home was built in 1900 on a lot size of 0.04.

Investor Opportunity - Income Producing Triplex in the Heart of Wilmington! Don't miss this rare opportunity to own a well-maintained triplex in the City of Wilmington. This income producing property is an excellent addition to any investment portfolio, with strong rental potential and a convenient central location. The first floor unit is a 1-bedroom, 1 bathroom apartment currently rented for $ 1,050/month, the second-floor unit is a 2-bedroom, 1 bathroom apartment has a new renter starting August 1 generating $ 1,100/month, and the third floor unit is a 2-bedroom, 1 bathroom apartment currently vacant but was previously rented for $ 1200/month, offering immediate upside for additional income. New roof December 2025, new boiler and updated electrical and flooring February 2025. Ideally situated just minutes from Amtrak, I-95, downtown Wilmington, shopping, restaurants and other local amenities, this property offers both convenience and strong rental appeal. Whether you're looking to expand your investment portfolio or purchase a propery with immediate cash flow and value-add potential, this triplex is an opportunity you won't want to miss. Schedule your showing today and take advantage of this competitively priced investment propery!

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Multi-Family Active

Price

$ 339,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 2,876

Style

Colonial

Lot Size

0.04

Year Built

1900

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2105976

Features
General
Living Area 2275
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession 31-60 Days CD
Zoning 26R-3
Architectural Style Colonial
Construction Materials Brick
School District RED CLAY CONSOLIDATED
Year Built 1900
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County NEW CASTLE
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Use GPS
City WILMINGTON
Number Of Units Total 1
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Tax Annual Amount 2876.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 149.01
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision WILMINGTON
Tax Lot 519
Association Recreation Fee N
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 17.80 x 100.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 41600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1220
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* Excluded Features
List By
Bhhs Fox & Roach-Greenville

Broker

jen.lee@foxroach.com

Email

Affordability Calculator

$2,581
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,341
Monthly Property Taxes
$240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3533515 Elementary School
3533569 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2026$339,000 -2.87% Price Down
8/7/2026$349,000 -3.03% Price Down
7/21/2026$359,900 Listed Price

Map


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1220 W 4Th Street, Wilmington, DE, 19805 is a Multi-Family Home for sale at $339,000 with a lot size of 0.04. 1220 W 4Th Street has 4 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19805 which is in Wilmington, DE