# 109 STROUD Street, WILMINGTON, DE 19805

> **TL;DR:** residential multi family, $450,000 ($96/sqft), built 1960, 4,701 sqft. Est. $1,950/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Price/sqft | $96 |
| Square Feet | 4,701 |
| Year Built | 1960 |
| Lot Size | 3,920 sqft (0.09 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,950 |
| **Total** | **$1,950** |

## Property Highlights

- Built in 1960
- 0.09 acre lot

## Description

### Agent Description
Prime redevelopment opportunity in a growing Wilmington corridor. This 4,701 square foot commercial building, originally constructed in 1960, offers significant upside for investors and developers seeking a value-add project. The property requires substantial renovation but presents a strong foundation for repositioning. Zoning and layout may support a residential conversion of 10+ units, with the potential for a higher unit count depending on design and approvals (buyer to verify; variance likely required). The site offers flexibility for those looking to explore ways to maximize density and overall value. Ideal for experienced investors looking to capitalize on Wilmington's rental demand and redevelopment trends. Property is being sold strictly as-is. Bring your vision and unlock the full potential of this sizable asset.

## Location

- **Address:** 109 STROUD Street, WILMINGTON, DE 19805
- **County:** NEW CASTLE
- **Coordinates:** 39.73596573, -75.5671463
- **Google Maps:** https://www.google.com/maps?q=39.73596573,-75.5671463

## Listing Agent

- **Name:** Mark Stape
- **Brokerage:** Compass
- **Phone:** 3022029855
- **Email:** mark.stape@compass.com

## Primary Photo

![109 STROUD Street - Primary Photo](http://lh.rdcpix.com/2edfda0aae9b92d878a14abd84c86cadl-f1432867387r.jpg)

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**MLS#:** DENC2101236 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/109-stroud-street-wilmington-de-19805-c2101236)

---

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