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509 W 4th St, Wilmington, DE 19801


  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 5 days ago
509 W 4th St, Wilmington, DE 19801 View this property at 509 W 4th St, Wilmington, DE 19801
509 W 4th St Wilmington DE 19801

Property Description

Investor Alert! Great Opportunity to own this 4 unit End of Row building that was completely renovated in 2011. This is a desirable building on the Historic Register. All units have separate HVAC electric unit with Central Air and separate hot water tank. Updated Anderson windows were installed in January 2015. Features double lock entry doors, intercom system, locked gate & exterior lighting for security. Conveniently located near Quaker Hill, this property is close to the highway, downtown and the riverfront. Ideal for tenants who rely on public transportation. Great rental potential. First floor has a studio and a 1BR w/deck. Second floor hosts another 1BR and a 2BR unit. Once fully rented , gross income is approx.
3K/month for great cash flow. Or owner can occupy one unit and stay for free. Set up your showing to see this great investment property now!

Full Property Details for 509 W 4th St

  • Price: $199,900
  • Taxes: $5,034 (2017)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 7067492
  • Updated: 10/13/2017
  • Added: 8 day(s) ago

Property History

  • 509 W 4th St, Wilmington, DE
  • Listed at $199,900 on 10/11/17


  • Appliances: Fridge, Stove Microwave.
  • Flooring: Fully Carpeted



  • Total Bathrooms: 4
  • Full Bathrooms: 4


  • Total Bedrooms: 4

Other Rooms

  • Laundry: No Laundry


  • Parking: Street


  • Area: Wilmington (30906)
  • County: NEW CASTLE
  • Subdivision: Quaker Hill
  • Cross Streets: WASHINGTON
  • Driving Directions: Quaker Hill Wilm #21 West on 4th near Washington.
  • Direction Faces: South

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric, Radiant
  • Water Heater: Electric


  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Basement Desc.: Yes , Full, Unfinished, Outside Entrance/Walk-Out Basement
  • Foundation: Stone Foundation, Concrete
  • Roof: Flat Roof
  • Entry Location: Foyer
  • Stories Description: Quadplex
  • Year Built: 1917
  • Property Condition: Average+Prop

Unit Information

Unit 2

  • Bedrooms: 1

Unit 3

  • Bedrooms: 2

Unit 4

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,485
  • Lot Dimensions: 34 x 122
  • Zoning: 26R5B

Financial Considerations

  • Tax Amount: $5,034
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Fee Simple

Listed by BHHS Fox & Roach-Hockessin

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Estimate the Cost

509 W 4th St will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

509 W 4th St, Wilmington, DE 19801 (MLS# 7067492) is a Multi-Family property with 4 units containing 4 bedrooms and 4 full bathrooms. 509 W 4th St is currently listed for $199,900 and was received on October 11, 2017. Want to learn more about 509 W 4th St? Do you have questions about finding other Multi-Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

Listed by BHHS Fox & Roach-Hockessin

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