816 West 8th Street

Off Market

816 West 8th Street

Wilmington DE 19801

3175 sq. ft.

3049 sq. ft.

Other

Last sold for $534,000

Manuel Alvarado, last sold this property on 28 January 2026 after 104 days on market.

Overview

Excellent Investment Opportunity – Turnkey 5-Unit Apartment Building in Wilmington A rare opportunity to acquire a fully operational, income-producing apartment building in the heart of Wilmington. This well-maintained, turnkey property features five units – two spacious 2-bedroom units and three 1-bedroom units. Presently, four units are occupied, with one pending a new tenant, providing immediate cash flow. Rents are currently below market, presenting an opportunity for increased returns through rent adjustments. Most leases are month-to-month with long-term tenants. The partially finished basement offers potential for an owner’s office or additional storage. Property is being sold as-is and is in good overall condition. Inspections are for informational purposes only. Perfect for investors seeking strong rental demand and long-term growth potential.

Features

7 bedrooms

4 carspaces

3175 sq. ft. floor area

3049 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 7 bedroom other properties sold in Wilmington over the last 12 months.

Property history for 816 West 8th Street

2026

Sold

$534,000

28 Jan 2026 by Manuel Alvarado, of Concord Realty Group

Happy sellers in Wilmington

96%

96% 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 5 reviews in Wilmington over the last 12 months.

Local market activity for 7 bedroom other properties in Wilmington

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Wilmington for a market analysis.

Alissa Facciolo

at Crown Homes Real Estate

(65 reviews)

Get a market analysis

Christian Swalm

at Swalm Realty LLC

(27 reviews)

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Neshama Faulkner

at BHHS Fox & Roach-Concord

(1 review)

Get a market analysis

Brandon Jones

at Barksdale & Affiliates Realty

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wilmington

Alissa Facciolo

Sellers who recommend Alissa Facciolo have praised them for being local expert, responsive, clear communication, dedicated, supportive, persistent, and well-prepared