1534 W 4TH ST, Wilmington, DE 19805
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Bob Myers

Bob Myers

+1(301) 910-9910
Listed by Sarah Murray • Weichert, Realtors - Cornerstone
$ 185,000
Est. payment /mo
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Price Dropped by $14K

1534 W 4TH ST Wilmington, DE 19805

2,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $92

MLS Listing ID DENC2099546

Style Traditional

Abv Grd Liv Area 2,000

Year Built 1879

Available Date 2026-04-01

Annual Tax Amount $2,806

Tax Year 2025

Lot Dimensions 18.00 x 100.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

This all-brick end-unit row home in the 19805 zip presents a strong opportunity for investors seeking a cash-positive addition to their portfolio. The property is conveniently divided into two distinct rental units that generate a combined monthly gross income of $2,350. Unit 1 features a spacious two-bedroom, one-bathroom layout currently rented for $1,250 with about 1000 sf of living area. Unit 2 is a one-bedroom, one-bathroom suite rented for $1,100 with about 1000 sf of living area. Unit 2 offers added convenience with an in-unit washer and dryer, along with dual exterior access from both the main and upper levels. A significant benefit for a potential buyer is the installation of newer windows throughout the building, which improves energy efficiency and reduces future capital expenditure. Because the property is being sold in as-is condition and is currently occupied by tenants, interested parties should plan ahead and allow for a 24 to 48-hour notice period for all showings. Given the high demand for rental housing in Wilmington, this dual-stream income property is positioned as a high-utility asset for those ready to move quickly.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-1

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Inclusions Washer, dryer (1 set); fridges (2); ranges (2) all as-is

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 2000

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-027.30-200

Ownership Other

SqFt Source 2000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Bob Myers

Bob Myers

Agent | License ID: MD, VA and DC

+1(301) 910-9910

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1534 W 4TH ST