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816 W 8Th Street Wilmington, DE $ 569,000
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$ 569,000 Get more info
816 W 8Th Street
$ 569,000
Back to search
Share Save

816 W 8Th Street

Wilmington, DE, 19801
$ 569,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 3,550

816 W 8Th Street, Wilmington, DE 19801 - Image 1
816 W 8Th Street, Wilmington, DE 19801 - Image 2
816 W 8Th Street, Wilmington, DE 19801 - Image 3
816 W 8Th Street, Wilmington, DE 19801 - Image 4
816 W 8Th Street, Wilmington, DE 19801 - Image 5
816 W 8Th Street, Wilmington, DE 19801 - Image 6
816 W 8Th Street, Wilmington, DE 19801 - Image 7
816 W 8Th Street, Wilmington, DE 19801 - Image 8
816 W 8Th Street, Wilmington, DE 19801 - Image 9
816 W 8Th Street, Wilmington, DE 19801 - Image 10
816 W 8Th Street, Wilmington, DE 19801 - Image 11

Multi-Family Home for sale in Wilmington, DE

for $569,000 with 7 bedrooms. This home was built in 1920 on a lot size of 0.07.

Excellent Investment Opportunity Turnkey 5-Unit Apartment Building in Wilmington A rare opportunity to acquire a fully operational, income-producing apartment building in the heart of Wilmington. This well-maintained, turnkey property features five units two spacious 2-bedroom units and three 1-bedroom units. Presently, four units are occupied, with one pending a new tenant, providing immediate cash flow. Rents are currently below market, presenting an opportunity for increased returns through rent adjustments. Most leases are month-to-month with long-term tenants. The partially finished basement offers potential for an owners office or additional storage. Property is being sold as-is and is in good overall condition. Inspections are for informational purposes only. Perfect for investors seeking strong rental demand and long-term growth potential.

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Multi-Family Contingent

Price

$ 569,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 5,157

Style

Traditional

Lot Size

0.07

Year Built

1920

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2090758
Features
General
Living Area 3175
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Other
Possession Subject to Existing Lease
Zoning 26R-4
Architectural Style Traditional
Construction Materials Brick
School District CHRISTINA
Year Built 1920
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 UNDER CONTRACT
Directions Adams Street to 8th property on corner on Adam and 8th
City WILMINGTON
Number Of Units Total 4
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 3049.00
Tax Annual Amount 5157.0
Two Bedroom 2
Structure Type Other
Price Per Sq Ft Total AG 179.21
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Assessor
Legal Subdivision WILMINGTON
Tax Lot 401
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Interior
Heating Fuel Electric
Hot Water Electric
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 Driveway
Water View Y/N N
Lot Dimensions 24.00 x 118.00
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 47100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 816
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* Excluded Features
List By
Concord Realty Group

Broker

marioalvarado@verizon.net

Email

Affordability Calculator

$3,980
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,550
Monthly Property Taxes
$430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
10/7/2025$569,000 Listed Price

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816 W 8Th Street, Wilmington, DE, 19801 is a Multi-Family Home for sale at $569,000 with a lot size of 0.07. 816 W 8Th Street has 7 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 19801 which is in Wilmington, DE

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