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816 W 8TH STREET, WILMINGTON, DE 19801
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$569,000
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Home Details for 816 W 8TH STREET
Price
$569,000
Type
Multi Family
Bedrooms
7
Year Build
1920
Sq. Ft.
3175
Lot Size
0.07
County
NEW CASTLE
Tax
$5,157
MLS®️ Listing#
DENC2090758
On exitrealty.com
95 days
Property Description
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 owner’s 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.
- Cooling Information
- Other
- Electric
- Heating Information
- Electric
- Baseboard
- Water Features
- Public
- Parking
- Driveway
Listing Courtesy: Concord Realty Group - 302-477-0400
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.
Last Updated: 2026-01-06 15:02:00
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