$199,000

1401 W 4TH ST, Wilmington, DE 19805

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1946
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Mixed-use, multi-family property offering strong redevelopment potential. The existing structure includes one commercial unit, three residential apartments, and a detached two-car garage. The property is commercially zoned. Property sustained fire damage affecting y two units however the entire property requires significant repairs or full rehabilitation. This presents an excellent opportunity for an investor or developer to rehab and reposition the existing building, tear down and rebuild a new multi-unit structure, or redevelop the site into several townhomes, subject to zoning and municipal approvals. Ideal for value-add investors seeking a project with upside in a mixed-use or residential redevelopment strategy. Property is being sold as-is. Buyer to conduct all due diligence regarding zoning, permits, and redevelopment options. Sale is based on land value, no property entry is offered. Agent has equitable interest.

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 7:17AM
Listing Office:
Innovations Realty : 3022921900
Listing Agent:
Kimberly Davis : 3022921900
MLS ID:
DENC2096886
  • A/C: Other
  • Heating: Heat Pump(s)Baseboard - ElectricElectric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • General: BrickMixedOther
  • Originating MLS: BRIGHT_MAIN
  • School District: RED CLAY CONSOLIDATED
  • County: NEW CASTLE-DE
  • Zoning: 26R-326-027.30-294
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Kimberly Davis , Innovations Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William C. Lewis Dual Language Elementary School

920 N Van Buren St, Wilmington, DE, 19806

Grades KG-5

0.47 miles away

F

First State School

501 W 14th St, Wilmington, DE, 19801

Grades 2-12

0.92 miles away

F

First State School

501 W 14th St, Wilmington, DE, 19801

Grades 2-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.