Great turn-key investment opportunity with an unheard of 8% cap rate in Brandywine Village!! This well maintained, detached, all brick 4-unit apartment building has solid tenants in place, and a new EPDM flat roof, with separate heat and electric for all units. The units were renovated 6 years ago and have been recently repainted and touched up in the interior and exterior of building. Don't miss out on this investment opportunity. **Tenant Occupied** **Showings on Tuesdays & Fridays between 12-1pm only** *All prospective applicants are subject to vigorous screening process. Updated pro forma to be provided with proof of funds or commercial approval letter.
Sold for $380,000
$380,000
2500 N West St, Wilmington, DE 19802
12beds
--baths
2,700sqft
Quadruplex
Built in 1920
-- sqft lot
$-- Zestimate®
$141/sqft
$1,969 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,969/mo
Zestimate® history
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$1,822/mo
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List your homeWhat's special
Separate heatNew epdm flat roof
Zillow last checked:
Listing updated:
Listed by:
Laurence Lee 302-429-4500,
Patterson-Schwartz - Greenville
Bought with:
Dakota Williams, R3-0014474
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: DENC2047816
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Basement
- Area: 1350
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Basement: Full,Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Sidewalks, Street Lights
- Pool features: None
Lot
- Size: 2,178 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2602220225
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Brandywine Village
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $57,900
- Annual tax amount: $2,795
- Date on market: 8/16/2023
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 43020
- Income includes: Other
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2023 | Sold | $380,000-2.6%$141/sqft |
Source:  Bright MLS #DENC2047816 Report a problem | ||
| 9/5/2023 | Pending sale | $390,000$144/sqft |
Source:  Patterson Schwartz #DENC2047816 Report a problem | ||
| 8/15/2023 | Listed for sale | $390,000+145.3%$144/sqft |
Source: Patterson Schwartz #DENC2047778 Report a problem | ||
| 1/11/2016 | Listing removed | $700 |
Source: Block Realty and Management Report a problem | ||
| 12/1/2015 | Price change | $700-12.5% |
Source: Block Realty and Management Report a problem | ||
| 10/30/2015 | Listed for rent | $800 |
Source: Block Realty and Management Report a problem | ||
| 1/5/2015 | Listing removed | $159,000$59/sqft |
Source: RE/MAX SUNVEST REALTY #6202690 Report a problem | ||
| 6/18/2014 | Price change | $159,000-5.9%$59/sqft |
Source: RE/MAX SUNVEST REALTY #6202690 Report a problem | ||
| 6/6/2014 | Price change | $169,000-6.1%$63/sqft |
Source: RE/MAX SUNVEST REALTY #6202690 Report a problem | ||
| 1/5/2014 | Listed for sale | $180,000+4%$67/sqft |
Source: RE/MAX SUNVEST REALTY #6202690 Report a problem | ||
| 8/17/2013 | Listing removed | $173,000$64/sqft |
Source: RE/MAX SUNVEST REALTY #6202690 Report a problem | ||
| 5/16/2013 | Price change | $173,000-3.9%$64/sqft |
Source: RE/MAX SUNVEST REALTY #6202690 Report a problem | ||
| 5/3/2013 | Price change | $180,000-2.7%$67/sqft |
Source: RE/MAX SUNVEST REALTY #6202690 Report a problem | ||
| 4/18/2013 | Listed for sale | $185,000-27.4%$69/sqft |
Source: Re/Max Sunvest Realty #6202690 Report a problem | ||
| 10/24/2012 | Listing removed | $254,900$94/sqft |
Source: Re/Max Sunvest Realty #6096307 Report a problem | ||
| 8/25/2012 | Price change | $254,900-3.8%$94/sqft |
Source: Re/Max Sunvest Realty #6096307 Report a problem | ||
| 8/14/2012 | Listed for sale | $264,900+38.5%$98/sqft |
Source: Re/Max Sunvest Realty #6096307 Report a problem | ||
| 1/4/2008 | Sold | $191,250-19.5%$71/sqft |
Source: Public Record Report a problem | ||
| 1/6/2006 | Sold | $237,500$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $382,600 +560.8% |
| 2024 | $1,807 +15.1% | $57,900 |
| 2023 | $1,570 -0.5% | $57,900 |
| 2022 | $1,577 +0.2% | $57,900 |
| 2021 | $1,575 -0.6% | $57,900 |
| 2020 | $1,584 -0.5% | $57,900 |
| 2019 | $1,592 +1.2% | $57,900 |
| 2017 | $1,574 +46.5% | $57,900 |
| 2016 | $1,074 | $57,900 |
| 2015 | $1,074 -56.2% | $57,900 |
| 2014 | $2,454 | $57,900 |
| 2013 | -- | $57,900 |
| 2012 | -- | $57,900 |
| 2011 | -- | $57,900 |
| 2010 | -- | $57,900 |
| 2009 | -- | $57,900 |
| 2008 | -- | $57,900 |
| 2007 | -- | $57,900 |
| 2006 | -- | $57,900 |
| 2005 | -- | $57,900 |
| 2004 | -- | $57,900 |
| 2003 | -- | $57,900 |
| 2002 | -- | $57,900 |
| 2001 | -- | $57,900 |
Find assessor info on the county website
Neighborhood: 9th Ward Area
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Nearby schools
GreatSchools rating
- NAShortlidge (Evan G.) AcademyGrades: K-2Distance: 0.5 mi
- 3/10Stanton Middle SchoolGrades: 6-8Distance: 6.7 mi
- 3/10Dickinson (John) High SchoolGrades: 6-12Distance: 7.6 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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- Delaware
- New Castle County
- Wilmington
- 19802
- 9th Ward Area
- 2500 N West St
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