About This Home

This 0-bedroom, 0-bathroom residential multi family at 409 W 8TH Street in Wilmington, DE is listed for $595,000 ($198 per sqft). Built in 1899, the home offers 3,000 sqft of living space on a 0.04 acres lot.

Key Features

  • Built in 1899
  • 0.04 acre lot

Property Details

1899

Amenities

A/C
Listing Description

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in Wilmington. The building consists of five one-bedroom apartments and one studio apartment, with the units overall in solid condition. All six units are currently occupied by paying tenants, providing an established income stream from day one.

This is a straightforward addition to an investor's portfolio. With a desirable unit mix, existing tenancy, and solid overall condition, 409 W 8th Street offers investors the opportunity to acquire a stabilized multifamily asset with continued income potential. Conveniently located near downtown Wilmington, major employment centers, public transportation, shopping, dining, and area amenities. Property sq. ft. and taxes are estimated based on New Castle County records. Buyer to perform due diligence.

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

409 W 8TH Street

Wilmington, DE 19801

Property Details

Construction

Brick

Parking

On Street

Heating

Electric (Heating)Baseboard

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 409 W 8TH Street is listed at $595,000 ($198/sqft). The estimated monthly payment is $3,183 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1899, 0.04 acre lot.

This property is listed by Cole Mathew Ciber.

CC

Cole Mathew Ciber

License RS0037259

Agent at Compass

Listed by Compass · Broker phone: 3022029855 · View on Broker Site · Broker website

MLS# DENC2113310· Source: Bright MLS· 8 days on PropertySimple

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.

409 W 8TH Street, Wilmington, DE 19801

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