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For sale
  • $359,900

    1220 W 4th St, Wilmington, DE 19805

    4beds
    --baths
    2,275sqft
    : 
    $2,388/mo
    Get pre-qualified
    Townhouse
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $158/sqft
    $-- HOA

    What's special

    Updated electricalNew roofNew boiler
    Investor Opportunity - Income Producing Triplex in the Heart of Wilmington! Don't miss this rare opportunity to own a well-maintained triplex in the City of Wilmington. This income producing property is an excellent addition to any investment portfolio, with strong rental potential and a convenient central location. The first floor unit is a 1-bedroom, 1 bathroom apartment currently rented for $ 1,050/month, the second-floor unit is a 2-bedroom, 1 bathroom apartment has a new renter starting August 1 generating $ 1,100/month, and the third floor unit is a 2-bedroom, 1 bathroom apartment currently vacant but was previously rented for $ 1200/month, offering immediate upside for additional income. New roof December 2025, new boiler and updated electrical and flooring February 2025. Ideally situated just minutes from Amtrak, I-95, downtown Wilmington, shopping, restaurants and other local amenities, this property offers both convenience and strong rental appeal. Whether you're looking to expand your investment portfolio or purchase a propery with immediate cash flow and value-add potential, this triplex is an opportunity you won't want to miss. Schedule your showing today and take advantage of this competitively priced investment propery!
    4 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jen Lee 302-571-8855,

    BHHS Fox & Roach-Greenville (302) 571-8855

    Source: Bright MLS,MLS#: DENC2105976MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      Basement
      • Area: 0
      Heating
      • Hot Water, Electric
      Cooling
      • None, Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,275
      • Total interior livable area: 2,275 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 1,742 Square Feet
      • Dimensions: 17.80 x 100.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 26034.10519
      • Zoning: 26R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Other
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None Available
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $158/sqft
      • Tax assessed value: $254,000
      • Annual tax amount: $2,876
      • Date on market: 7/24/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,531/mo

        Price history

        DateEventPrice
        7/24/2026Listed for sale$359,900+43.4%$158/sqft
        Source: Bright MLS #DENC2105976 Report a problem
        4/17/2023Sold$251,000+0.4%$110/sqft
        Source: Bright MLS #DENC2039382 Report a problem
        3/16/2023Pending sale$250,000$110/sqft
        Source: Bright MLS #DENC2039382 Report a problem
        3/9/2023Listed for sale$250,000$110/sqft
        Source: Bright MLS #DENC2039382 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $254,000 +1070.5%
        2024$677 +15.1%$21,700
        2023$588 -0.5%$21,700
        2022$591 +0.2%$21,700
        2021$590 -0.6%$21,700
        2020$594 -0.5%$21,700
        2019$597 +1.1%$21,700
        2017$590 -38.6%$21,700
        2016$962 $21,700
        2015$962 +4.6%$21,700
        2014$920 $21,700
        2013-- $21,700
        2012-- $21,700
        2011-- $21,700
        2010-- $21,700
        2009-- $21,700
        2008-- $21,700
        2007-- $21,700
        2006-- $21,700
        2005-- $21,700
        2004-- $21,700
        2003-- $21,700
        2002-- $21,700
        2001-- $21,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hilltop

        Getting around

        84 / 100
        Very Walkable
        52 / 100
        Good Transit
        48 / 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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