Duplex

1301 W 4Th Street, WILMINGTON, DE, 19805-3607

For Sale

$365,000

Listed By: Cristina Di Munno-Borla, [email protected], 6463197945
Listing Brokerage: KW Empower
Source: Bright MLS

Price improvement!!! this 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.

MLS® ID DENC2103046

UPDATED: 10/02/2026 17:38

Details

Location Details

Formatted Street Address 1301 W 4Th Street
County NEW CASTLE-DE
Area Wilmington (30906)
Country US

Property Details

Property Condition Excellent
Assessment Year 2025

Interior Details

Interior Features Upgraded Countertops
Appliances Oven - Single, Refrigerator
Flooring Type Laminated, Ceramic Tile

Building Details

Year Built 1899
Approx Age 127
Architectural Style Other
Construction Brick, Brick Front
Reno Year 2023
Garage Spaces 0
Private Entrance No
Heating Heat Pump - Gas Back Up
Water Supply Types Public
Basement Type Full
Basement Description Full
Exterior Features Other
Pet Friendly No

Fee Details

Taxes 5607
Taxes Year 2025

Land Details

Lot Size 1307
Acreage 0.03
Total Size 17.50 x 74.30
Irregular No
Cross Streets N Franklin St.
Pool Yes
Private Pool No
Waterfront false
Shoreline No
Sewers Public Sewer

Attractions

Middle School DUPONT H
High School MCKEAN

Other

Status Available

Location

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