Property

Wilmington, DE 19801 225 W 7Th Street

$749,000

Pending
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Presented By: EXP Realty, LLC
  • MLS# DENC2091778
  • 10/24/2025
  • Request Tour
  • Request Info
  • SQFT • 4,000

Home Details

Newly renovated 6 unit building with excellent cashflow potential! When I say renovated I mean EVERYTHING TOP TO BOTTOM. This building is vacant for the new owner to hand pick their own tenants. There are three 1 bedroom / 1 bath units and three open floor plan studios. They range an estimated 550-650 sq. ft per unit and each have washer / dryer hookups and desirable finishes. A fire alarm system needs to be installed for the CO. Plans have been submitted to the city of Wilmington and it will be complete along with the CO upon the sale of the property.
Presented By: EXP Realty, LLC

Interior Features for 225 W 7Th Street

Other Interior Features

Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 225 W 7Th Street

Acceptable FinancingConventional, Cash
AccessibilityOther
Business TypeApartment Building
CityWILMINGTON
Construction MaterialsBrick Veneer, Stick Built, Vinyl Siding
Cool FuelElectric
CoolingWall Unit
CountyNEW CASTLE
Directionson the corner of tatnall and 7th
DisclosuresAgent has Financial Interest
HeatingWall Unit
Legal SubdivisionWILMINGTON
Lot Size Square Feet1307.00
Lot Size UnitsSquare Feet
MLS AreaWilmington (30906)
New ConstructionNo
Number Of Units Total6
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG187.25
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofFlat
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Tax Annual Amount7145.0
Tax Assessed Value479200.0
Tax Lot508
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1899
Year Built SourceEstimated
Zoning26C-3

Exterior for 225 W 7Th Street

Building Area Total4000.00
Car Parking Spaces
Land Assessed Value232200.00
Land Use Code
Lot Dimensions20.00 x 60.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $749,000
MLS#DENC2091778
List Date 10/24/2025
Property Type Pending
Phone 703.929.4729
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+1-703-929-4729

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