1131 S Broom St, Wilmington, DE 19805

Wilmington
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
1131 S Broom St,Wilmington, DE 19805
$580,000
  • 9 Beds
  • - Baths
  • 4,650 sq. ft.
  • Multi-family
  • Pending
Listed by: daniel shainsky, eric brinker
Office: coldwell banker realty
MLS#:DENC2095232
Source:BRIGHTMLS

Price summary

  • Price:$580,000
  • Price per sq. ft.:$124.73

About this home

Discover a rare and high-yield investment opportunity with this versatile multi-structure property situated on a single parcel in Wilmington’s Cleland Heights. This unique setup features two distinct buildings, offering a great mix of four move-in ready renovations and significant value-add potential. The first structure is a two-story building housing two fully updated upper-level apartments and a large driveway offering plenty of off-street parking. These two-bedroom units feature top-to-bottom improvements, including durable LVP flooring, modern grey cabinetry, and bright white bathrooms, all supported by new 2023 HVAC systems and private in-unit laundry. Below them, a large lower-level space with existing bath presents a prime opportunity to build out a fifth unit (3-bed), a professional office, or functional garage bays. The second structure is a classic Cape Cod divided into a spacious two-bedroom unit on the main level and a three-bedroom unit on the 2nd floor. The upper unit

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Home facts

  • Year built:1940
  • Listing ID #:DENC2095232
  • Added:46 day(s) ago
  • Updated:February 26, 2026 at 08:27 AM

Rooms and interior

  • Bedrooms:9
  • Flooring:Hardwood, Luxury Vinyl Plank
  • Basement:Yes
  • Basement Description:Full, Outside Entrance
  • Living area:4,650 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Pitched, Shingle
  • Year built:1940
  • Building area:4,650 sq. ft.
  • Lot area:0.21 Acres
  • Architectural Style:Cape Cod, Carriage House, Converted Dwelling
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$580,000
  • Price per sq. ft.:$124.73
  • Tax amount:$2,806 (2025)

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