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.
Sold for $215,000
Street View
$215,000
1401 W 4th St, Wilmington, DE 19805
6beds
--baths
--sqft
Quadruplex
Built in 1946
-- sqft lot
$218,600 Zestimate®
$--/sqft
$1,403 Estimated rent
Home value
$218,600
$197,000 - $243,000
$1,403/mo
Zestimate® history
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List your homeWhat's special
One commercial unitDetached two-car garageThree residential apartments
Zillow last checked:
Listing updated:
Listed by:
Kimberly Davis 302-292-1900,
Innovations Realty
Bought with:
Saeed Shakhshir, RS-0022256
Patterson-Schwartz-Hockessin
Source: Bright MLS,MLS#: DENC2096886
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Heat Pump, Baseboard, Electric
Cooling
- Other, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Driveway, On Street, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,920 Square Feet
- Dimensions: 80.00 x 50.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 26027.30294
- Zoning: 26R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Brick, Mixed
- Foundation: Other
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Wilmington
Financial & listing details
- Tax assessed value: $291,100
- Annual tax amount: $3,967
- Date on market: 2/8/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $215,000+8% |
Source:  Bright MLS #DENC2096886 Report a problem | ||
| 2/16/2026 | Contingent | $199,000 |
Source: Bright MLS #DENC2096886 Report a problem | ||
| 2/8/2026 | Listed for sale | $199,000+7.6% |
Source: Bright MLS #DENC2096886 Report a problem | ||
| 4/8/2014 | Listing removed | $650 |
Source: Innovations Realty Solutions #6250897 Report a problem | ||
| 12/10/2013 | Price change | $650-7% |
Source: Innovations Realty Solutions #6250897 Report a problem | ||
| 8/30/2013 | Listed for rent | $699 |
Source: Innovations Realty Solutions #6250897 Report a problem | ||
| 8/26/2013 | Listing removed | $185,000 |
Source: Innovations Realty Solutions #5941602 Report a problem | ||
| 8/25/2012 | Price change | $185,000-7.5% |
Source: Innovations Realty Solutions #5941602 Report a problem | ||
| 7/19/2012 | Price change | $199,999-11.1% |
Source: Innovations Realty Solutions #5941602 Report a problem | ||
| 9/2/2011 | Listed for sale | $225,000-10% |
Source: Innovations Realty Solutions #5941602 Report a problem | ||
| 3/17/2011 | Listing removed | $250,000 |
Source: Innovations Realty Report a problem | ||
| 1/10/2011 | Listed for sale | $250,000 |
Source: Innovations Realty Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: West Hill
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Nearby schools
GreatSchools rating
- 5/10Warner Elementary SchoolGrades: 3-5Distance: 1.2 mi
- 8/10duPont (H.B.) Middle SchoolGrades: 6-8Distance: 7.6 mi
- 4/10duPont (Alexis I.) High SchoolGrades: 9-12Distance: 2.9 mi
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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Estimated market value
$218,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$218,600
- Delaware
- New Castle County
- Wilmington
- 19805
- West Hill
- 1401 W 4th St
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