902 N Madison St, Wilmington, DE 19801

$439,900
4,250
SqFt

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List Price
$439,900
Days on Market
114
Status
ACTIVE
MLS#
DENC2103428
Living Area
4,250
Lot Size (Acres)
0.08
Style
Traditional
Year Built
1875
County
New Castle
School District
Christina

Property Description

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!

Additional Information

Area
Wilmington (30906)
Taxes
$5912
School District
Christina
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Wilmington. Contact: 3022991100