109 Stroud St, Wilmington, DE 19805

Wilmington
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
109 Stroud St,Wilmington, DE 19805
$450,000
  • - Beds
  • - Baths
  • 4,701 sq. ft.
  • Townhouse
  • Active
Listed by: mark stape
Office: compass
MLS#:DENC2101174
Source:BRIGHTMLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$95.72

About this home

Prime redevelopment opportunity in a growing Wilmington corridor. This 4,701 square foot commercial building, originally constructed in 1960, offers significant upside for investors and developers seeking a value-add project. The property requires substantial renovation but presents a strong foundation for repositioning. Zoning and layout may support a residential conversion of 10+ units, with the potential for a higher unit count depending on design and approvals (buyer to verify; variance likely required). The site offers flexibility for those looking to explore ways to maximize density and overall value. Ideal for experienced investors looking to capitalize on Wilmington’s rental demand and redevelopment trends. Property is being sold strictly as-is. Bring your vision and unlock the full potential of this sizable asset.

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Home facts

  • Year built:1960
  • Listing ID #:DENC2101174
  • Added:8 day(s) ago
  • Updated:May 01, 2026 at 01:43 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Partial
  • Living area:4,701 sq. ft.

Structure and exterior

  • Year built:1960
  • Building area:4,701 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Block
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$95.72
  • Tax amount:$8,639 (2025)

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