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For sale
  • $439,900

    902 N Madison St, Wilmington, DE 19801

    6beds
    --baths
    4,250sqft
    : 
    $2,841/mo
    Get pre-qualified
    Triplex
    Built in 1875
    -- sqft lot
    $-- Zestimate®
    $104/sqft
    $-- HOA

    What's special

    Well-maintained triplexThree spacious units
    Excellent investment opportunity in the heart of Wilmington! This well-maintained triplex at 902 N Madison features three spacious units, each offering 2 bedrooms and 2 full bathrooms — a highly desirable layout for today’s rental market. All units are currently occupied with long-term tenants on month-to-month leases, providing immediate rental income along with future flexibility for investors looking to maximize returns. Perfect for investors seeking to expand their portfolio, this property is ideally located just minutes from Trolley Square, Market Street, Wilmington Train Station, major highways, shopping, dining, and public transportation. Its prime location offers strong rental appeal and convenient access for commuters and city living alike. Whether you’re looking for steady cash flow, long-term appreciation, or value-add potential, this income-producing multi-family property is an opportunity you won’t want to miss!
    78 days
    |
    253
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jazmin Montalvo 302-256-1215,

    Keller Williams Realty Wilmington 3022991100

    Source: Bright MLS,MLS#: DENC2103428MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      Basement
      • Area: 0
      Heating
      • Hot Water, Natural Gas
      Cooling
      • Central Air, Natural Gas
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Other
      • Has fireplace: No
      Interior area
      • Total structure area: 4,250
      • Total interior livable area: 4,250 sqft

      Property

      Parking
      • Parking features: Off Street
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 3,485 Square Feet
      • Dimensions: 25.00 x 130.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 26028.30257
      • Zoning: 26R-4
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Triplex
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1875

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $104/sqft
      • Tax assessed value: $469,200
      • Annual tax amount: $5,912
      • Date on market: 5/19/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,882/mo

        Price history

        DateEventPrice
        5/19/2026Listed for sale$439,900-6.2%$104/sqft
        Source: Bright MLS #DENC2103428 Report a problem
        5/2/2026Listing removed$469,000$110/sqft
        Source: Bright MLS #DENC2097556 Report a problem
        2/26/2026Listed for sale$469,000+94.2%$110/sqft
        Source: Bright MLS #DENC2097556 Report a problem
        3/11/2020Sold$241,500-3.4%$57/sqft
        Source: Public Record Report a problem
        3/11/2020Listed for sale$250,000$59/sqft
        Source: RE/MAX Associates #DENC476262 Report a problem
        2/1/2020Pending sale$250,000$59/sqft
        Source: RE/MAX Associates-Newark #DENC476262 Report a problem
        1/21/2020Price change$250,000-7.4%$59/sqft
        Source: RE/MAX Associates-Newark #DENC476262 Report a problem
        1/2/2020Price change$269,900-1.9%$64/sqft
        Source: RE/MAX Associates-Newark #DENC476262 Report a problem
        10/31/2019Price change$275,000-5.2%$65/sqft
        Source: RE/MAX Associates-Newark #DENC476262 Report a problem
        7/15/2019Price change$290,000-3.3%$68/sqft
        Source: RE/MAX Associates-Newark #DENC476262 Report a problem
        5/10/2019Listed for sale$300,000+58.7%$71/sqft
        Source: RE/MAX Associates-Newark #DENC476262 Report a problem
        8/25/2017Listing removed$880
        Source: RE/MAX Associates-Newark #7042024 Report a problem
        8/24/2017Listed for rent$880
        Source: RE/MAX Associates-Newark #7042024 Report a problem
        6/30/2017Listing removed$880
        Source: RE/MAX Associates-Hockessin #6995389 Report a problem
        6/3/2017Listed for rent$880
        Source: RE/MAX Associates-Hockessin #6995389 Report a problem
        12/6/2013Sold$189,000$44/sqft
        Source: Public Record Report a problem
        10/11/2013Price change$189,000-5%$44/sqft
        Source: Long & Foster Real Estate #6252052 Report a problem
        9/5/2013Price change$199,000-9.1%$47/sqft
        Source: Long & Foster Real Estate #6252052 Report a problem
        7/20/2013Listed for sale$219,000-0.5%$52/sqft
        Source: Long & Foster #6252052 Report a problem
        9/28/2004Sold$220,000+69.2%$52/sqft
        Source: Public Record Report a problem
        4/1/2003Sold$130,000$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $469,200 +618.5%
        2024$2,407 +2.6%$65,300
        2023$2,347 +1%$65,300
        2022$2,323 +2.6%$65,300
        2021$2,263 +3%$65,300
        2020$2,198 +15%$65,300
        2019$1,911 +5%$65,300
        2017$1,821 -39.9%$65,300
        2016$3,028 $65,300
        2015$3,028 +6.8%$65,300
        2014$2,836 $65,300
        2013-- $65,300
        2012-- $65,300
        2011-- $65,300
        2010-- $65,300
        2009-- $65,300
        2008-- $65,300
        2007-- $65,300
        2006-- $65,300
        2005-- $65,300
        2004-- $65,300
        2003-- $65,300
        2002-- $65,300
        2001-- $65,300
        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: Trinity Vicinity

        Getting around

        92 / 100
        Walker's Paradise
        60 / 100
        Good Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Christina

        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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