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409 W 8Th Street Wilmington, DE $ 595,000
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409 W 8Th Street
$ 595,000
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409 W 8Th Street

Wilmington, DE, 19801
$ 595,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 4,110

409 W 8Th Street, Wilmington, DE 19801 - Image 1
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409 W 8Th Street, Wilmington, DE 19801 - Image 8
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Multi-Family Home for sale in Wilmington, DE

for $595,000 with 5 bedrooms. This home was built in 1899 on a lot size of 0.04.

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in Wilmington. The building consists of five one-bedroom apartments and one studio apartment, with the units overall in solid condition. All six units are currently occupied by paying tenants, providing an established income stream from day one. This is a straightforward addition to an investors portfolio. With a desirable unit mix, existing tenancy, and solid overall condition, 409 W 8th Street offers investors the opportunity to acquire a stabilized multifamily asset with continued income potential. Conveniently located near downtown Wilmington, major employment centers, public transportation, shopping, dining, and area amenities. Property sq. ft. and taxes are estimated based on New Castle County records. Buyer to perform due diligence.

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Multi-Family Active

Price

$ 595,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 5,974

Style

Colonial

Lot Size

0.04

Year Built

1899

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2113310
Features
General
Living Area 3000
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Settlement
Roof Flat
Zoning 26C-4
Architectural Style Colonial
Construction Materials Brick
School District CHRISTINA
Year Built 1899
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility Doors - Swing In
County NEW CASTLE
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Use GPS
City WILMINGTON
Number Of Units Total 4
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Number of Units Leased 6
Tax Annual Amount 5974.0
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 198.33
Acceptable Financing Negotiable
Vacation Rental Y/N N
Lease Type Yearly Month to Month
Standard Status Active
Year Built Source Estimated
Legal Subdivision WILMINGTON
Tax Lot 358
Total Actual Rent 68016.00
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Interior
Heating Fuel Electric
Basement Full
Flooring Carpet Luxury Vinyl Plank
Hot Water Natural Gas
Total Stories 3
Basement (Y/N) Y
Heating Y/N Y
Window Features Double Hung Double Pane
Central Air Y/N N
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Exterior
Exterior Amenities Fire Escape
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.04
Road Surface Type Black Top
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 129000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 409
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* Excluded Features
List By
Compass

Broker

cole.ciber@compass.com

Email

Affordability Calculator

$4,607
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,110
Monthly Property Taxes
$498
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
3534162 Elementary School
3534061 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/19/2026$595,000 Listed Price

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409 W 8Th Street, Wilmington, DE, 19801 is a Multi-Family Home for sale at $595,000 with a lot size of 0.04. 409 W 8Th Street has 5 bedrooms, 0.0 baths, and was built in 1899. The property's zip code is 19801 which is in Wilmington, DE

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