1534 W 4th St

Wilmington, DE 19805
  • $199,900

    Price
  • 3

    Bed
  • 0

    Bath
  • 2,000

    SqFt

About the Listing ASSRDRE2 - 3195537

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.

Listing Highlights

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® DENC2099546
Year Built 1879
Total Square Footage 2,000
Lot/Acreage 18.00 x 100.00

Interior Details

  • Bedrooms: 3
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Hot Water
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2000
  • Below Ground Sq Ft: 0
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: N/A
  • Lot Dimensions: 18.00 x 100.00
  • Zoning: 26C-1
  • Roof:
  • Others: Average
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $2,806
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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1534 W 4th St Wilmington, DE 19805

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Originating MLS: BRIGHT_MAIN

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