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Sold for $145,000
    • $145,000

    1600 W 4th St, Wilmington, DE 19805

    5beds
    2baths
    1,750sqft
    Townhouse
    Built in 1880
    -- sqft lot
    $223,400 Zestimate®
    $83/sqft
    $1,235 Estimated rent

    Home value

    $223,400

    $190,000 - $259,000

    $1,235/mo

    Zestimate® history
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    What's special

    Welcome to the Westside of the City of Wilmington! Convenient to public transportation, the local hot spots of Little Italy and Union St., as well as a hop skip and jump to Trolley Square and the Riverfront! Perched at the top of the hill sits this legal multi-family located on main arterial pathway leading down into the City. This 2 unit property is perfect for an investor after a cash generating property to add to an existing portfolio or to start one from scratch! Main floor unit offers 3 bedrooms and is rented for $875 a month. This unit was recently renovated and upgraded. Upstairs unit offers 2 bedrooms, a fresh bathroom rehab and is rented for $850 a month to a long term tenant of many, many years. All mechanicals are updated to include two electric hot water tanks, 2 boilers, separate electric panels, modern plumbing and a brand new flat roof. End of row, all brick building that has stood the test of time and will continue to for years to come. Take a look and run the numbers, this property offers excellent potential and would make a solid addition to the seasoned investors portfolio or be an excellent starter for the aspiring landlord!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Hurley 302-740-5524,

    Pantano Real Estate Inc

    Bought with:

    Joseph Hurley, RS-0018346

    Pantano Real Estate Inc

    Source: Bright MLS,MLS#: DENC2047118MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Hot Water, Radiator, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Dry Wall, Plaster Walls
    • Flooring: Vinyl
    • Windows: Replacement, Vinyl Clad
    • Basement: Full,Unfinished,Exterior Entry,Interior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 1,750
    • Total interior livable area: 1,750 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Porch
    • Exterior features: Sidewalks, Street Lights, Lighting
    • Pool features: None
    Lot
    • Size: 1,742 Square Feet
    • Dimensions: 16 x 100
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 26027.30057
    • Zoning: 26R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Stone
    • Roof: Flat
    Condition
    • Good
    • New construction: No
    • Year built: 1880
    • Major remodel year: 2022

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Wilm #23
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $83/sqft
    • Tax assessed value: $18,200
    • Annual tax amount: $878
    • Date on market: 8/15/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash,1031 Exchange,Private Financing Available
    • Inclusions: As Shown
    • Exclusions: Tenants Personal Property
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/15/2023Sold$145,000-17.1%$83/sqft
    Source: Bright MLS #DENC2047118 Report a problem
    11/10/2023Contingent$175,000$100/sqft
    Source: Bright MLS #DENC2047118 Report a problem
    8/15/2023Listed for sale$175,000+109.3%$100/sqft
    Source: Bright MLS #DENC2047118 Report a problem
    3/25/2022Sold$83,600-16.3%$48/sqft
    Source: Bright MLS #DENC2016316 Report a problem
    3/18/2022Pending sale$99,900$57/sqft
    Source: Bright MLS #DENC2016316 Report a problem
    3/16/2022Listing removed--
    Source: Bright MLS #DENC2016316 Report a problem
    3/12/2022Pending sale$99,900$57/sqft
    Source: Bright MLS #DENC2016316 Report a problem
    2/7/2022Contingent$99,900$57/sqft
    Source: Bright MLS #DENC2016316 Report a problem
    1/30/2022Listed for sale$99,900+81.6%$57/sqft
    Source: Bright MLS #DENC2016316 Report a problem
    1/12/2019Listing removed$750
    Source: ELM Properties #DENC316584 Report a problem
    12/28/2018Listed for rent$750-16.7%
    Source: ELM Properties #DENC316584 Report a problem
    12/15/2017Sold$55,000-8.2%$31/sqft
    Source: Agent Provided Report a problem
    5/8/2017Price change$59,900-7.7%$34/sqft
    Source: Alliance Realty #6903781 Report a problem
    3/21/2017Price change$64,900-27.8%$37/sqft
    Source: Alliance Realty #6903781 Report a problem
    2/1/2017Price change$89,900-10%$51/sqft
    Source: Alliance Realty #6903781 Report a problem
    12/21/2016Listed for sale$99,900+45%$57/sqft
    Source: Alliance Realty #6903781 Report a problem
    9/13/2016Listing removed$68,900$39/sqft
    Source: Alliance Realty #6808285 Report a problem
    7/5/2016Price change$68,900-1.4%$39/sqft
    Source: Alliance Realty #6808285 Report a problem
    6/9/2016Listed for sale$69,900-22.2%$40/sqft
    Source: Alliance Realty #6808285 Report a problem
    3/14/2016Listing removed$89,900$51/sqft
    Source: Pantano Real Estate Inc #6601956 Report a problem
    6/30/2015Listed for sale$89,900+349.5%$51/sqft
    Source: Pantano Real Estate Inc #6601956 Report a problem
    3/22/2012Listing removed$900$1/sqft
    Source: Grant Property Management LLC Report a problem
    2/22/2012Listed for rent$900$1/sqft
    Source: Grant Property Management LLC Report a problem
    12/2/2010Sold$20,000-55.6%$11/sqft
    Source: Public Record Report a problem
    10/2/2010Listed for sale$45,000-52.6%$26/sqft
    Source: PANTANO Real Estate, Inc. #5780275 Report a problem
    7/6/2010Listing removed$95,000$54/sqft
    Source: Greenville Center #5685338 Report a problem
    4/3/2010Listed for sale$95,000+11.8%$54/sqft
    Source: Patterson-Schwartz Real Estate #5685338 Report a problem
    6/21/2006Sold$85,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $216,500 +1089.6%
    2024$562 +12.6%$18,200
    2023$499 +0.6%$18,200
    2022$496 +0.2%$18,200
    2021$495 -0.6%$18,200
    2020$498 -0.5%$18,200
    2019$501 +1.1%$18,200
    2017$495 -38.6%$18,200
    2016$806 $18,200
    2015$806 +4.6%$18,200
    2014$771 $18,200
    2013-- $18,200
    2012-- $18,200
    2011-- $18,200
    2010-- $18,200
    2009-- $18,200
    2008-- $18,200
    2007-- $18,200
    2006-- $18,200
    2005-- $18,200
    2004-- $18,200
    2003-- $18,200
    2002-- $18,200
    2001-- $18,200
    Find assessor info on the county website

    Neighborhood: Hilltop

    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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    Estimated market value
    $223,400
    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
    $223,400

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