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$215,000
Property Description
Mixed-use, multi-family property offering strong redevelopment potential. The existing structure includes one commercial unit, three residential apartments, and a detached two-car garage. The property is commercially zoned. Property sustained fire damage affecting y two units however the entire property requires significant repairs or full rehabilitation. This presents an excellent opportunity for an investor or developer to rehab and reposition the existing building, tear down and rebuild a new multi-unit structure, or redevelop the site into several townhomes, subject to zoning and municipal approvals. Ideal for value-add investors seeking a project with upside in a mixed-use or residential redevelopment strategy. Property is being sold as-is. Buyer to conduct all due diligence regarding zoning, permits, and redevelopment options. Sale is based on land value, no property entry is offered. Agent has equitable interest.
Full Property Details
Full Property Details for 1401 W 4th St
General
- Sold For: $215,000
- Taxes: $3,967 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: DENC2096886
- Added to Site: 23 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Driveway, On Street, Parking Garage
- Garage Description: Garage - Front Entry
Location
- Area: Wilmington (30906)
- County: NEW CASTLE
- Driving Directions: Fourth Street to corner of Broom
- City Limits: Yes
School Information
- School District: Red Clay Consolidated
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s), Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Brick, Mixed
- Foundation: Other
- Sq. Ft. Source: Assessor
- Year Built: 1946
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size Source: Assessor
- Lot Dimensions: 80.00 x 50.00
- Zoning: 26R-3
Financial Considerations
- Assessment Year: 2025
- School Tax: $2,081
- City/TownTax: $1,696
- City/TownTax Freq: Annually
- County Tax: $190
- County Tax Freq: Annually
- Tax w/Assessment: $291,100
- Tax Amount: $3,967
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 294
Listed by Innovations Realty, Kimberly Davis
Sold by Patterson-Schwartz-Hockessin, Saeed Shakhshir
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Schools
Schools serving 1401 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 | 7.7 mi |
duPont (Alexis I.) High School 50 Hillside Road, Wilmington, DE 19807 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1401 W 4th St
Date
Details
Price
Change
Source
2/27/2026
Sold
$215,000
8.04%
MLS
2/08/2026
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1401 W 4th Street, Wilmington, DE 19805 (MLS# DENC2096886) is a Single Family property that was sold at $215,000 on February 27, 2026. Want to learn more about 1401 W 4th Street? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.
