# 706 N WASHINGTON STREET, WILMINGTON, DE 19801

> **TL;DR:** residential multi family, $359,900 ($240/sqft), built 1899, 1,500 sqft. Est. $1,560/mo. Listed 92 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $359,900 |
| Price/sqft | $240 |
| Square Feet | 1,500 |
| Year Built | 1899 |
| Lot Size | 1,307 sqft (0.03 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 92 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,560 |
| **Total** | **$1,560** |

## Property Highlights

- Built in 1899
- 0.03 acre lot

## Description

### Agent Description
Nice updated triplex close to business, nightlife and restaurants. Updated, fully leased 3 unit building. Two 2 bedroom units and one efficiency. Property in very good condition. Tenant pays all utilities including electric, heat and hot water. Owner pays sewer and water. Total gross cash flow is approximately $39,000 year. Estimated CAP rate is 10%. Very nice building and easy to rent, Would be a wonderful addition to any portfolio.

## Location

- **Address:** 706 N WASHINGTON STREET, WILMINGTON, DE 19801
- **County:** NEW CASTLE
- **Coordinates:** 39.7444, -75.55344
- **Google Maps:** https://www.google.com/maps?q=39.7444,-75.55344

## Listing Agent

- **Name:** Richard Oberly
- **Brokerage:** Compass
- **Phone:** 3027433810
- **Email:** richardoberly@gmail.com

## Primary Photo

![706 N WASHINGTON STREET - Primary Photo](http://lh.rdcpix.com/cefe41e60d07d1a53cf197064d743355l-f1626163559r.jpg)

---

**MLS#:** DENC2095352 | **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/706-n-washington-street-wilmington-de-19801-c2095352)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "706 N WASHINGTON STREET, WILMINGTON, DE 19801",
  "description": "Nice updated triplex close to business, nightlife and restaurants. Updated, fully leased 3 unit building. Two 2 bedroom units and one efficiency. Property in very good condition. Tenant pays all utilities including electric, heat and hot water. Owner pays sewer and water. Total gross cash flow is approximately $39,000 year. Estimated CAP rate is 10%. Very nice building and easy to rent, Would be a wonderful addition to any portfolio.",
  "url": "https://www.propertysimple.com/listing/706-n-washington-street-wilmington-de-19801-c2095352",
  "image": "http://lh.rdcpix.com/cefe41e60d07d1a53cf197064d743355l-f1626163559r.jpg",
  "datePosted": "2026-04-24",
  "price": 359900,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "706 N WASHINGTON STREET",
    "addressLocality": "WILMINGTON",
    "addressRegion": "DE",
    "postalCode": "19801",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 39.7444,
    "longitude": -75.55344
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 1500,
    "unitCode": "FTK"
  },
  "yearBuilt": 1899
}
```