8 Commonwealth Ave, Claymont, DE 19703
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
8 Commonwealth Ave,Claymont, DE 19703
$1,999,999
- 18 Beds
- - Baths
- 11,500 sq. ft.
- Multi-family
- Active
Listed by:matthew lenza
Office:real broker llc.
MLS#:DENC2086848
Source:BRIGHTMLS
Price summary
- Price:$1,999,999
- Price per sq. ft.:$173.91
About this home
Available now! 10 - 12 units, based on how it is broken down. Once in a lifetime opportunity to own an entire building with Commercial and Residential units. Updated financials will be added. Current owner has increased rents and made numerous improvements throughout. Perfect opportunity to buy now and utilize the increased Cash Flow (and not have to worry about getting costly repairs/upgrades completed). All payments from current tenants are being converted to online payments to make it very easy for the new owner to take over the reigns. Additional Notes Below: A building with a rich history stands proudly at the entrance to Overlook Colony. With the revitalization going on in Claymont, it has seen many changes since 1917 when constructed by General Chemical Company. Initially, the two-story building with a full basement was used as the community center for Overlook Colony and was placed at the main entrance just off of Philadelphia Pike. The Colony was planned and developed by General Chemical to house their employees in what were very nice, substantial homes at the time. Besides being called the community center it was later known as Redman's Hall; a meeting place for a fraternal group. It also housed activities of the Holy Rosary Church and stores including Shinn's and later, Steins. If you walk the halls of our building you will notice a lovely plaque that was presented to the three of us by the Claymont Fire Company. It commemorates the fact that many years ago, all of the organizational meetings of the fire company were held in our building. Also, up until 1924, when the Claymont School was built on a lot donated by General Chemical, the community center provided several rooms to take care of the educational needs of the children in the Colony. In 1989, new owners purchased the building and since then have tried to keep the glory of the building's former days while completely modernizing the structure. Because of our efforts, they were presented with a New Castle County Historic Preservation Award in 2000 and were given a grant of $2,500 from General Chemical in 2002 to help beautify the front of the building. Much thought, work, and finances have been expended over the years.
*** Basement unit is also coming up for rent.
Contact an agent
Home facts
- Year built:1917
- Listing ID #:DENC2086848
- Added:472 day(s) ago
- Updated:September 30, 2025 at 04:35 AM
Rooms and interior
- Bedrooms:18
- Living area:11,500 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Natural Gas
Structure and exterior
- Roof:Slate
- Year built:1917
- Building area:11,500 sq. ft.
- Lot area:0.28 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,999,999
- Price per sq. ft.:$173.91
- Tax amount:$1 (2024)
New listings near 8 Commonwealth Ave
- New
$289,900Active3 beds 1 baths1,325 sq. ft.605 Delancey Pl, CLAYMONT, DE 19703
MLS# DENC2090080Listed by: COMPASS 
$339,000Pending3 beds 2 baths1,775 sq. ft.102 Olympia Dr, CLAYMONT, DE 19703
MLS# DENC2090004Listed by: LONG & FOSTER REAL ESTATE, INC.- New
$280,000Active2 beds 2 baths1,150 sq. ft.10 Woodfield Dr, CLAYMONT, DE 19703
MLS# DENC2089056Listed by: COMPASS - New
$200,000Active3 beds 1 baths1,125 sq. ft.26 Denham Ave, CLAYMONT, DE 19703
MLS# DENC2090020Listed by: COMPASS - New
$450,000Active4 beds 3 baths2,375 sq. ft.48 Osage Rd, CLAYMONT, DE 19703
MLS# DENC2089646Listed by: COMPASS 
$250,000Pending2 beds 1 baths775 sq. ft.206 Pennsylvania Ave, CLAYMONT, DE 19703
MLS# DENC2089660Listed by: EXP REALTY, LLC
$349,900Pending3 beds 3 baths1,600 sq. ft.3005 Greenshire Ave, CLAYMONT, DE 19703
MLS# DENC2089476Listed by: COMPASS- Coming Soon
$185,000Coming Soon4 beds 1 baths22 Colby Ave, CLAYMONT, DE 19703
MLS# DENC2089630Listed by: PATTERSON-SCHWARTZ-NEWARK 
$225,000Pending3 beds 1 baths1,275 sq. ft.18 Denham Ave, CLAYMONT, DE 19703
MLS# DENC2089570Listed by: KELLER WILLIAMS REALTY WILMINGTON
$195,000Pending3 beds 2 baths2,400 sq. ft.107 Olympia Dr, CLAYMONT, DE 19703
MLS# DENC2089580Listed by: EXP REALTY, LLC
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.