1401 W 4th St, Wilmington, DE 19805

Local realty services provided by:Better Homes and Gardens Real Estate Reserve
1401 W 4th St,Wilmington, DE 19805
$199,000
  • 5 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kimberly davis
Office: innovations realty
MLS#:DENC2096886
Source:BRIGHTMLS

Price summary

  • Price:$199,000

About this home

Mixed-use, multi-family property offering strong redevelopment potential. The existing structure includes one commercial unit, three residential apartments, and a detached two-car garage. The property is commercially zoned. Property sustained fire damage affecting y two units however the entire property requires significant repairs or full rehabilitation. This presents an excellent opportunity for an investor or developer to rehab and reposition the existing building, tear down and rebuild a new multi-unit structure, or redevelop the site into several townhomes, subject to zoning and municipal approvals. Ideal for value-add investors seeking a project with upside in a mixed-use or residential redevelopment strategy. Property is being sold as-is. Buyer to conduct all due diligence regarding zoning, permits, and redevelopment options. Sale is based on land value, no property entry is offered. Agent has equitable interest.

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Home facts

  • Year built:1946
  • Listing ID #:DENC2096886
  • Added:5 day(s) ago
  • Updated:February 14, 2026 at 05:36 AM

Rooms and interior

  • Bedrooms:5

Heating and cooling

  • Heating:Baseboard - Electric, Electric, Heat Pump(s)

Structure and exterior

  • Year built:1946
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,000
  • Tax amount:$3,967 (2025)

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