906 N Madison Street, Wilmington, DE 19801 - Photo 1

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$360,000

For Sale
Active
Single Family
2,500 Sq. Ft.
Updated 3 days ago

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Property Description

Prime Investment Opportunity - Fully Rented Triplex in Historic Trinity Vicinity. High Demand Location. Solid income-producing triplex located at 906 N. Madison Street, set on a charming, tree-lined block in the highly desirable Historic Trinity Vicinity. This fully leased, three-unit property offers an attractive and versatile unit mix, including one efficiency studio unit with one full bath, one spacious 2-bedroom split unit with 2 full bathrooms, and one 2-bedroom one full bath flat on the first floor-appealing to a broad tenant base. Ideally positioned within walking distance to offices, retail, dining, the post office, and public transportation, this location supports strong rental demand and long-term stability. A turnkey opportunity for investors seeking a well-located, income-generating multi-unit asset in the heart of the city. Tenant pays for heat, electricity and hot water. Landlord pays for water & sewer. 2 Bedroom 2 Bath Unit rent is $1,325. 2 Bedroom 1 Bath Unit rent is $1,250. Studio rent is $875. Gross rent for all three units is $41,400. Management fee is 8%. Buyer is not obligated to use the current Management Company.

Full Property Details

Full Property Details for 906 N Madison St

General

Price: $360,000
Taxes: $2,832 (2025)
Status: Active
Type: Single Family
Source: BrightMLSPhilly
MLS ID: DENC2094920
Updated: 1/13/2026
Added to Site: 8 day(s) ago

Parking

Parking Type: On Street

Location

Area: Wilmington (30906)
County: NEW CASTLE
Subdivision: TRINITY VICINITY
Cross Streets: 9Th
Driving Directions: Follow Gps.
City Limits: Yes

School Information

School District: Christina
Elementary School: Stubbs
Middle School: Bayard
High School: Christiana

Heating & Cooling

Cooling Type: Wall Unit
Cooling Fuel: Electric
Heating Type: Hot Water, Baseboard - Electric
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional
Structure Type: Twin/Semi-Detached
Construction: Brick
Foundation: Other
Square Feet: 2,500
Sq. Ft. Source: Assessor
Living Area: 2,500 Sq. Ft.
Finished Above Grnd: 2,500 Sq. Ft.
Year Built: 1840
Year Built Source: Assessor
Property Condition: Good

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 3,920
Lot Size Source: Assessor
Lot Dimensions: 22.50 x 150.00
Zoning: 26R-4

Financial Considerations

Price Per Sq. Ft.: $144
Assessment Year: 2025
School Tax: $1,894
City/TownTax: $841
City/TownTax Freq: Annually
County Tax: $97
County Tax Freq: Annually
Tax w/Assessment: $224,700
Tax Amount: $2,832
Tax Year: 2025
Owner Pays: Insurance, Management, Taxes - Real Estate, Lawn/Shrub Care, Sewer, Water
Tax Total Finished Sq. Ft.: 2500

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Tenants Personal Property
Lot Number: 255

Listed by BHHS Fox & Roach - Hockessin, Michele A Endrich and BHHS Fox & Roach - Hockessin, Earl Endrich

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Listing agents

— 906 N Madison St —

Michele A Endrich

BHHS Fox & Roach - Hockessin
Earl Endrich

BHHS Fox & Roach - Hockessin

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Schools

Schools serving 906 N Madison St

School District:Christina School District

Name	Grades	Distance
Stubbs Early Education Center 1100 North Pine Street, Wilmington, DE 19801	K-5	0.8 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	9.5 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 906 N Madison St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/09/2026

Listed

$360,000

64.56%

MLS

9/11/2020

Sold

$218,762

—

Public Record

Get Price Alerts and Save Property

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 906 N Madison St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$1,954

3%

$53,000

—

2023

$1,905

1%

$53,000

—

2022

$1,885

-35%

$53,000

—

2021

$2,894

62%

$53,000

—

2020

$1,784

15%

$53,000

—

2019

$1,551

5%

$53,000

—

2017

$1,478

—

$53,000

—

2016

$1,474

12%

$53,000

—

2015

$1,319

—

$53,000

—

2014

$1,318

4%

$53,000

—

2013

$1,267

—

$53,000

—

View All

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

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906 N Madison Street, Wilmington, DE 19801 (MLS# DENC2094920) is a Single Family property with 0 bedrooms and 0 full bathrooms. 906 N Madison Street is currently listed for $360,000 and was received on January 09, 2026. Want to learn more about 906 N Madison 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.

906 N Madison St Wilmington, DE 19801