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2423 N Madison Street Wilmington, DE $ 375,000
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2423 N Madison Street
$ 375,000
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2423 N Madison Street

Wilmington, DE, 19802
$ 375,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,590

2423 N Madison Street, Wilmington, DE 19802 - Image 1
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2423 N Madison Street, Wilmington, DE 19802 - Image 7
2423 N Madison Street, Wilmington, DE 19802 - Image 8
2423 N Madison Street, Wilmington, DE 19802 - Image 9
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Multi-Family Home for sale in Wilmington, DE

for $375,000 with 5 bedrooms. This home was built in 1924 on a lot size of 0.06.

Rare incredible Turn-key Triplex Investment Opportunity in Historic Wilmington! Immediate Gross Annual Income is over $45K from day one! This triplex building offers two 2B1B units (both are section 8 tenants) and one 1B1B unit, each unit is spacious with 2 levels and separate entrance. All units are recently remodeled with water and scratch proof plank floors, fresh paints, updated bathrooms and kitchens. Gas and electric are separately metered and paid by the tenants, while the owner pays only for water. Property is being sold As-Is, inspections are for informational purposes only, no repairs will be made. Out of respect for the current residents, showings are limited and require advance notice. Please contact the listing agent to schedule your private tour. Limited Showing Times Only.

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Multi-Family Active

Price

$ 375,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 3,992

Style

Traditional

Lot Size

0.06

Year Built

1924

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2112648
Features
General
Living Area 2675
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Zoning 26R-3
Architectural Style Traditional
Construction Materials Frame Brick
School District RED CLAY CONSOLIDATED
Exclusions Tenants personal property
Year Built 1924
Property Subtype Triplex
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 Madison St and 25th St
City WILMINGTON
Number Of Units Total 3
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 2614.00
Number of Units Leased 3
Tax Annual Amount 3992.0
Property Condition Very Good
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 140.19
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision WILMINGTON
Tax Lot 189
Total Actual Rent 45000.00
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas
Basement Partial Outside Entrance
Hot Water Natural Gas
Total Stories 2
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
Number of Elevators 0
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 20.00 x 87.50
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 28400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2423
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* Excluded Features
List By
Realty Mark Cityscape

Broker

amdazh@yahoo.com

Email

Affordability Calculator

$2,923
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,590
Monthly Property Taxes
$333
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/7/2026$375,000 Listed Price

Map

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2423 N Madison Street, Wilmington, DE, 19802 is a Multi-Family Home for sale at $375,000 with a lot size of 0.06. 2423 N Madison Street has 5 bedrooms, 0.0 baths, and was built in 1924. The property's zip code is 19802 which is in Wilmington, DE

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