940 N Spruce St, Wilmington, DE 19801

Wilmington
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
940 N Spruce St,Wilmington, DE 19801
$295,900
  • 5 Beds
  • - Baths
  • 2,624 sq. ft.
  • Multi-family
  • Active
Listed by: susan elentrio-mahoney
Office: century 21 gold key realty
MLS#:DENC2109392
Source:BRIGHTMLS

Price summary

  • Price:$295,900
  • Price per sq. ft.:$112.77

About this home

This end-of-row Eastside triplex presents an excellent opportunity for an investor looking to add an income-producing asset to an existing portfolio or establish a strong foundation for a new one. The property features durable masonry and heavy-timber construction, with two spacious 2-bedroom units and one 1-bedroom unit. **Each unit has separate systems for heat, hot water, and electric, providing straightforward management and utility responsibility.** The first-floor unit offers a private exterior entrance, while the second- and third-floor units are accessed through a shared interior staircase. The 2nd and 3rd floor units are currently occupied, providing immediate rental income and an established tenant base from day one. There is a fenced in back yard for the 1st floor unit to utilize. And also a fire escape for the 2nd and 3rd floor units. With renovations, new construction, and neighborhood investment taking place on surrounding blocks, Wilmington’s Eastside is experiencing...

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Home facts

  • Year built:1903
  • Listing ID #:DENC2109392
  • Added:49 day(s) ago
  • Updated:October 07, 2026 at 01:59 PM

Rooms and interior

  • Bedrooms:5
  • Rooms Total:14
  • Flooring:Laminated, Partially Carpeted
  • Kitchen Description:Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,624 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1903
  • Building area:2,624 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Rear Yard
  • Architectural Style:Dwelling w/Separate Living Area
  • Construction Materials:Aluminum Siding, Brick, Masonry
  • Exterior Features:Enclosed, Fire Escape

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$295,900
  • Price per sq. ft.:$112.77
  • Tax amount:$3,108 (2025)

Features and amenities

  • Amenities:Electric Available, Natural Gas Available, Non-Monitored, Smoke Detector

Parking

  • Parking description:On Street, Unassigned

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