Excellent investment opportunity in the heart of Wilmington! This well-maintained triplex at 902 N Madison features three spacious units, each offering 2 bedrooms and 2 full bathrooms — a highly desirable layout for today’s rental market. All units are currently occupied with long-term tenants on month-to-month leases, providing immediate rental income along with future flexibility for investors looking to maximize returns.
Perfect for investors seeking to expand their portfolio, this property is ideally located just minutes from Trolley Square, Market Street, Wilmington Train Station, major highways, shopping, dining, and public transportation. Its prime location offers strong rental appeal and convenient access for commuters and city living alike.
Whether you’re looking for steady cash flow, long-term appreciation, or value-add potential, this income-producing multi-family property is an opportunity you won’t want to miss!
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Listing Snapshot
Price
$439,900
Days On Site
136 Days
Bedrooms
6
Inside Area (SqFt)
4,250 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.08 Acres
Year Built
1875
MLS® Number
DENC2103428
Status
Active
Property Tax
$5,912
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 days ago
Listing updated with changes from the MLS®
5 months ago
Listing first seen on site
General Features
Acres
0.08
Foundation
Concrete Perimeter
Parking
Off Street
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
4250
SqFt Total
4250
Style
Traditional
Water Source
Public
Zoning
26R-4
Interior Features
Appliances
Gas Water Heater
Basement
Other
Cooling
Central AirGas
Heating
Natural GasHot Water
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Exterior Features
Construction Details
Brick
Pool Features
None
Community Features
MLS Area
Wilmington (30906)
School District
CHRISTINA
Schools
School District
CHRISTINA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Realty Wilmington
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