MLS#DENC2093000
STATUSACTIVE UNDER CONTRACT
PROPERTY TYPECommercial -
SUBDIVISIONTROLLEY SQUARE
SCHOOLRED CLAY CONSOLIDATED
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.
Property Features
Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Natural Gas, Oil
Heating: 90% Forced Air, Radiator, Zoned
Lot Size: 0.15 Acres
Taxes: $3,165
Year Built: 1910
Feature Descriptions
Days on Site: 111
Exterior: Brick
Lot Dimensions: 0.15 Acre(S)
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 1
Water: Public
Local Schools
School District: RED CLAY CONSOLIDATED
Listed By / Shown By
Listed By
Agency Name: Long & Foster Real Estate, Inc.
Agency Phone: 3023515000
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
1410 & 1412 Delaware Avenue | MLS# DENC2093000
This commercial property located at 1410 & 1412 Delaware Avenue, Wilmington, DE 19806 is currently listed for sale with an asking price of $2,175,000. & 1412 Delaware Avenue is located within the RED CLAY CONSOLIDATED school district. Search Wilmington real estate on www.realtymarkllc.com today.