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$339,000
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Property Description
Investor Opportunity - Income Producing Triplex in the Heart of Wilmington! Don't miss this rare opportunity to own a well-maintained triplex in the City of Wilmington. This income producing property is an excellent addition to any investment portfolio, with strong rental potential and a convenient central location. The first floor unit is a 1-bedroom, 1 bathroom apartment currently rented for $ 1,050/month, the second-floor unit is a 2-bedroom, 1 bathroom apartment has a new renter starting August 1 generating $ 1,100/month, and the third floor unit is a 2-bedroom, 1 bathroom apartment currently vacant but was previously rented for $ 1200/month, offering immediate upside for additional income. New roof December 2025, new boiler and updated electrical and flooring February 2025. Ideally situated just minutes from Amtrak, I-95, downtown Wilmington, shopping, restaurants and other local amenities, this property offers both convenience and strong rental appeal. Whether you're looking to expand your investment portfolio or purchase a propery with immediate cash flow and value-add potential, this triplex is an opportunity you won't want to miss. Schedule your showing today and take advantage of this competitively priced investment propery!
Full Property Details
Full Property Details for 1220 W 4th St
General
- Price: $339,000
- Taxes: $2,876 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: DENC2105976
- Updated: 8/18/2026
- Added to Site: 45 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Wilmington (30906)
- County: NEW CASTLE
- Driving Directions: Use GPS
- City Limits: Yes
School Information
- School District: Red Clay Consolidated
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Other
- Square Feet: 2,275
- Sq. Ft. Source: Assessor
- Living Area: 2,275 Sq. Ft.
- Finished Above Grnd: 2,275 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Lot Dimensions: 17.80 x 100.00
- Zoning: 26R-3
Financial Considerations
- Price Per Sq. Ft.: $149.01
- Assessment Year: 2025
- School Tax: $1,816
- City/TownTax: $950
- City/TownTax Freq: Annually
- County Tax: $110
- County Tax Freq: Annually
- Tax w/Assessment: $254,000
- Tax Amount: $2,876
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2275
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 519
Listed by BHHS Fox & Roach-Greenville, Jennifer J Lee
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Schools
Schools serving 1220 W 4th St
School District:Red Clay Consolidated School District
| Name | Grades | Distance |
|---|---|---|
Warner Elementary School 801 West 18th Street, Wilmington, DE 19802 | K-5 | 1.2 mi |
duPont (H.B.) Middle School 735 Meeting House Road, Hockessin, DE 19707 | 6-8 | 7.8 mi |
McKean (Thomas) High School 301 McKennans Church Road, Wilmington, DE 19808 | 8-12 | 5.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 W 4th St
Date
Details
Price
Change
Source
8/18/2026
Price Reduced
$339,000
-2.87%
MLS
8/07/2026
Price Reduced
$349,000
-3.03%
MLS
7/24/2026
Listed
$359,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1220 W 4th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,708
152%
$254,000
1071%
2024
$677
15%
$21,700
—
2023
$588
-1%
$21,700
—
2022
$591
-42%
$21,700
—
2021
$1,023
72%
$21,700
—
2020
$594
1%
$21,700
—
2017
$590
6%
$21,700
—
2016
$559
8%
$21,700
—
2015
$517
-13%
$21,700
—
2019
$597
27%
$21,700
—
2014
$470
2%
$21,700
—
2013
$463
—
$21,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1220 W 4th St
1220 W 4th Street, Wilmington, DE 19805 (MLS# DENC2105976) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 1220 W 4th Street is currently listed for $339,000 and was received on July 24, 2026. Want to learn more about 1220 W 4th Street? Do you have questions about finding other Townhouse real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

