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Investment property for sale in the heart of Wilmington! This well-maintained 7-unit multifamily property features a strong income opportunity. This building consists of one 1 bedroom unit, and six studio units, offering an attractive unit mix for consistent tenant demands. Three of the units have been fully renovated with modern finishes including stainless steel appliances, luxury LVP flooring, and granite countertops. The remaining units provide additional upside potential for future improvements increased cash flow. This property has long term tenants in place a low vacancy rate. Conveniently located near downtown Wilmington, shopping, dining and transportation routes. Whether expanding your portfolio or entering the multifamily market, 116 West 30th Street presents an opportunity to grow your rental portfolio.
| DAYS ON MARKET | 0 | LAST UPDATED | 5/18/2026 |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | Wilmington (30906) |
| COUNTY | NEW CASTLE | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | RED CLAY CONSOLIDATED |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Wilmington (30906) |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric, Natural Gas |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 50.00 x 100.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 3483 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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