Back 1401 W 4th St
Off Market

1401 W 4th St

Wilmington DE 19805

5
2
3920 sq. ft.
Duplex
Last sold for $200,000
Kimberly DavisKimberly Davis, last sold this property on 27 February 2026 after 18 days on market.

Overview

Mixed-use, multi-family property offering strong redevelopment potential. The existing structure includes one commercial unit, three residential apartments, and a detached two-car garage. The property is commercially zoned. Property sustained fire damage affecting y two units however the entire property requires significant repairs or full rehabilitation. This presents an excellent opportunity for an investor or developer to rehab and reposition the existing building, tear down and rebuild a new multi-unit structure, or redevelop the site into several townhomes, subject to zoning and municipal approvals. Ideal for value-add investors seeking a project with upside in a mixed-use or residential redevelopment strategy. Property is being sold as-is. Buyer to conduct all due diligence regarding zoning, permits, and redevelopment options. Sale is based on land value, no property entry is offered. Agent has equitable interest.

Features

5 bedrooms
2 carspaces
2 garage spaces
3920 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 5 bedroom duplexes sold in Wilmington over the last 12 months.

Property history for 1401 W 4th St

2026
Sold
$200,000
27 Feb 2026 by Kimberly Davis, of Innovations Realty

Happy sellers in Wilmington

79%
79% of sellers in Wilmington reported that their sale price either exceeded or met their price expectations.

Wilmington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Wilmington over the last 12 months.

Local market activity for 5 bedroom duplexes in Wilmington

In the last 12 months, 2 five-bedroom duplexes similar to 1401 W 4th St, have been sold.

This represents a 200% decrease in five-bedroom duplexes sales when compared to the previous 12 months.

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