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$595,000 Just Listed
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Property Description
Excellent opportunity to acquire a well-maintained 6-unit multifamily property in Wilmington. The building consists of five one-bedroom apartments and one studio apartment, with the units overall in solid condition. All six units are currently occupied by paying tenants, providing an established income stream from day one. This is a straightforward addition to an investor's portfolio. With a desirable unit mix, existing tenancy, and solid overall condition, 409 W 8th Street offers investors the opportunity to acquire a stabilized multifamily asset with continued income potential. Conveniently located near downtown Wilmington, major employment centers, public transportation, shopping, dining, and area amenities. Property sq. ft. and taxes are estimated based on New Castle County records. Buyer to perform due diligence.
Full Property Details
Full Property Details for 409 W 8th St
General
- Price: $595,000
- Taxes: $5,974 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: DENC2113332
- Updated: 10/19/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Carpet, Luxury Vinyl Plank
Parking
- Parking Type: On Street
Location
- Area: Wilmington (30906)
- County: NEW CASTLE
- Driving Directions: Use GPS
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Basement: Yes
- Foundation: Stone
- Roof: Flat
- Stories/Levels: 3
- Building Size: 3000
- Year Built: 1899
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Street/Road Desc.: Black Top
- Zoning: 26C-4
Financial Considerations
- Price Per Sq. Ft.: $198.33
- Assessment Year: 2025
- School Tax: $3,377
- City/TownTax: $2,335
- City/TownTax Freq: Annually
- County Tax: $262
- County Tax Freq: Annually
- Tax w/Assessment: $400,700
- Tax Amount: $5,974
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 358
Listed by Compass, Cole Mathew Ciber and Compass, Vincent Garman
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Schools
Schools serving 409 W 8th St
School District:Christina School District
| Name | Grades | Distance |
|---|---|---|
Stubbs Early Education Center 1100 North Pine Street, Wilmington, DE 19801 | K-5 | 0.7 mi |
The Bayard School 200 South Dupont Street, Wilmington, DE 19805 | 6-8 | 1 mi |
Christiana High School 190 Salem Church Road, Newark, DE 19713 | 9-12 | 9.4 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 409 W 8th St
Date
Details
Price
Change
Source
10/19/2026
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 409 W 8th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,355
272%
$400,700
927%
2024
$1,438
2%
$39,000
—
2023
$1,406
1%
$39,000
—
2022
$1,387
-35%
$39,000
—
2021
$2,130
62%
$39,000
—
2020
$1,313
21%
$39,000
—
2017
$1,088
—
$39,000
—
2016
$1,085
-5%
$39,000
—
2019
$1,142
18%
$39,000
—
2015
$971
—
$39,000
—
2014
$970
4%
$39,000
—
2013
$932
—
$39,000
—
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 409 W 8th St
409 W 8th Street, Wilmington, DE 19801 (MLS# DENC2113332) is a Apartment property. 409 W 8th Street is currently listed for $595,000 and was received on October 19, 2026. Want to learn more about 409 W 8th Street? Do you have questions about finding other Apartment real estate for sale in Ninth Ward? You can browse all Ninth Ward real estate or contact a Coldwell Banker agent to request more information.

