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For sale
  • Price cut: $100K (7/14)
    $950,000

    1001 & 1003 W 8th St, Wilmington, DE 19806

    9beds
    9baths
    4,350sqft
    : 
    $6,134/mo
    Get pre-qualified
    Multi Family
    Built in 1889
    -- sqft lot
    $-- Zestimate®
    $218/sqft
    $-- HOA

    What's special

    Separate entrancesOff street parking
    Welcome to Cool Springs, located on the Westside of the City of Wilmington! Proximity to highways, places of worship, educational facilities, and moments to hot spots in Trolley Square, Union Street, and the Central Business district downtown, this is right in the middle of it all! Two unit apartment building comprised of a twin structure with separate entrances with a common access basement is ready for its next operator. 1001 offers four bedrooms while 1003 offers five. A sliver of off street parking rounds out the amenities for tenants and management alike. An eclectic mix of modern and functional units that afford a cozy lifestyle for tenants. Separate systems make operation dynamics a breeze and keep owner expenses to a minimum. Excellent opportunity for some value add projects while repositioning of rents to increase cash flow and maximize return on investment. Could be the cornerstone of a performing portfolio, or a healthy addition to a scaled operation. A unique opportunity in a desirable locale for the smart investor to capitalize on!
    129 days
    |
    413
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph P Hurley III 302-740-5524,

    Pantano Real Estate Inc 3028880300

    Source: Bright MLS,MLS#: DENC2099036MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 9
      Basement
      • Area: 0
      Heating
      • Forced Air, Heat Pump, Electric, Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Gas Water Heater, Electric Water Heater
      Features
      • Dry Wall, Plaster Walls
      • Flooring: Carpet, Laminate, Vinyl
      • Basement: Full,Exterior Entry,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 4,350
      • Total interior livable area: 4,350 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Concrete, On Street, Driveway
      • Uncovered spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Porch, Deck
      • Exterior features: Lighting, Sidewalks, Street Lights
      • Pool features: None
      Lot
      • Size: 4,935 Square Feet
      • Dimensions: 47 x 105
      • Features: Urban
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 26027.40292 & 26027.40291
      • Zoning: 26R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Stone
      • Roof: Flat
      Condition
      • Good
      • New construction: No
      • Year built: 1889

      Utilities & green energy

      • Electric: 200+ Amp Service, Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Fire Escape
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $218/sqft
      • Tax assessed value: $772,200
      • Annual tax amount: $8,065
      • Date on market: 4/18/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,1031 Exchange,Private Financing Available,Wrap
      • Inclusions: As Shown
      • Exclusions: Tenant Personal Property
      • Ownership: Fee Simple
      • Total actual rent: 93048

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,428/mo

        Price history

        DateEventPrice
        7/14/2026Price change$950,000-9.5%$218/sqft
        Source: Bright MLS #DENC2099036 Report a problem
        4/18/2026Listed for sale$1,050,000$241/sqft
        Source: Bright MLS #DENC2099036 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: West Hill

        Getting around

        85 / 100
        Very Walkable
        57 / 100
        Good Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Red Clay Consolidated

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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