1301 W 4TH ST, Wilmington, DE 19805
1301 W 4TH ST, Wilmington, DE 19805
1301 W 4TH ST, Wilmington, DE 19805
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Listed by Cristina Di Munno-Borla • KW Empower
$390,000
Est. payment /mo
1,307 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID DENC2103046

Style Other

Year Built 1899

Available Date 2026-06-12

Annual Tax Amount $5,607

Tax Year 2025

Lot Size 1,307 Sqft

Acres 0.03

Lot Dimensions 17.50 x 74.30

Property Sub-Type Detached

Source BRIGHT

Property Description

An exceptional, low-maintenance investment opportunity awaits in this high-performing, three-story mixed-use building. The entire property underwent a comprehensive, top-to-bottom remodel in 2024, offering modern systems, contemporary finishes, and peace of mind regarding future capital expenditures. Fully structured for steady cash flow, the building features a high-visibility ground-floor commercial storefront and two fully occupied, updated residential units above.
-The Main Floor (Commercial Space): Boasting high visibility and excellent foot traffic, this versatile retail storefront was refreshed in 2024. Complete with a desk area, high ceilings, new flooring, and a dedicated half-bath, it is an ideal turnkey space for a boutique, office, or specialty shop.
-The Second Floor (Apartment 1): Remodeled in 2024 with modern flooring, updated kitchen cabinetry, stainless steel appliances, and a totally remodeled bathroom. This spacious 2-bedroom, 1-bathroom unit is currently occupied and generating $1,450/month.
- The Third Floor (Apartment 2): Positioned on the top floor for maximum quiet, this second 2-bedroom, 1-bathroom unit features the same beautiful 2024 upgrades as the second floor, paired with elevated neighborhood views. It is currently occupied and generating $1,350/month.
- Full, unfinished basement maintained in very good condition. All utility meters are conveniently separated by individual unit. Additionally, this expansive space is ideal for use as inventory or general storage for the ground-floor retail space.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3

Rooms

Basement Full

Interior

Interior Features Upgraded Countertops

Hot Water Natural Gas

Heating Heat Pump - Gas BackUp

Cooling Window Unit(s)

Flooring Laminated, Ceramic Tile

Inclusions Stove, refrigerator.

Equipment Oven - Single, Refrigerator

Fireplace N

Appliance Oven - Single, Refrigerator

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Available, Electric Available, Sewer Available

Water Access N

Roof Type Shingle

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

Elementary Schools Lewis

Middle Schools Dupont H

High Schools Mckean

School District Red Clay Consolidated

Others

Tax ID 26-034.10-261

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard


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Mike Pugliese

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