DE > Wilmington > Trolley Square
Wilmington, DE 19806,1410 & 1412 DELAWARE AVE
Wilmington, DE 19806,1410 & 1412 DELAWARE AVE
Wilmington, DE 19806,1410 & 1412 DELAWARE AVE
Wilmington, DE 19806,1410 & 1412 DELAWARE AVE
Wilmington, DE 19806,1410 & 1412 DELAWARE AVE
Wilmington, DE 19806,1410 & 1412 DELAWARE AVE
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Rakan Abuzahra

Rakan Abuzahra

+1(302) 245-7668
Listed by Buzz Moran • Long & Foster Real Estate, Inc.
$ 2,175,000
Est. payment | /mo

6,534 Sqft Lot

Save
$ 2,175,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Subdivision Trolley Square

MLS Listing ID DENC2089830

Style Colonial

Year Built 1910

Annual Tax Amount $3,165

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 41.10 x 125.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Investment Opportunity – Monument Square Apartments presents a rare chance to acquire a stabilized 11 unit multifamily property in Wilmington's sought-after Trolley Square neighborhood. The asset consists of two adjoining three-story brick buildings on separate parcels, with each apartment featuring its own character and separately metered utilities. Over the past five years, ownership has invested in both cosmetic updates and key system improvements across all units, enhancing tenant appeal and reducing near-term capital needs. The property is well-positioned to provide consistent cash flow with upside through future rent growth in a high-demand submarket. For scale-minded investors, this property can also be acquired with two adjacent buildings totaling 18 additional units plus a buildable lot, offering immediate portfolio expansion in one of Wilmington's most desirable rental corridors. Full financials and package details available upon request.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-2A

Rooms

Basement Full

Interior

Hot Water Electric

Cooling Central A/C

Fireplace N

Heat Source Natural Gas, Oil

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-020.20-185

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Rakan Abuzahra

+1(302) 245-7668

rakan.a@firststatehometeam.com

1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States

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1410 & 1412 DELAWARE AVE