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816 W 8th St, 
Wilmington, DE 19801

$569,000


7

Beds


Bath


3,175

Sq Ft


Multi-Family

Active

Listed by

Manuel M Alvarado

Tia A Gianakis

Concord Realty Group

Last updated:

October 9, 2025, 01:29 PM

MLS#

DENC2090758

Source:

BRIGHTMLS

About This Home

816 W 8th St

Excellent Investment Opportunity – Turnkey 5-Unit Apartment Building in Wilmington A rare opportunity to acquire a fully operational, income-producing apartment building in the heart of Wilmington. This well-maintained, turnkey property features five units – two spacious 2-bedroom units and three 1-bedroom units. Presently, four units are occupied, with one pending a new tenant, providing immediate cash flow. Rents are currently below market, presenting an opportunity for increased returns through rent adjustments. Most leases are month-to-month with long-term tenants. The partially finished basement offers potential for an owner’s office or additional storage. Property is being sold as-is and is in good overall condition. Inspections are for informational purposes only. Perfect for investors seeking strong rental demand and long-term growth potential.

Home Facts

Multi-Family

7 Bedrooms

Built in 1920

Price Summary

569,000

$179 per Sq. Ft.

MLS #:

DENC2090758

Last Updated:

October 9, 2025, 01:29 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7


Structure

Structure

Architectural Style:

Traditional

Building Area:

3,175 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$569,000

Price per Sq. Ft:

$179 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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