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2,624 sqft

$295,900

940 N SPRUCE STREET, WILMINGTON DE, 19801

Price per sqft$112.77
Built in1903
Property size2,624 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Aug 21, 2026

Updated 8 days ago

This end-of-row Eastside triplex presents an excellent opportunity for an investor looking to add an income-producing asset to an existing portfolio or establish a strong foundation for a new one. The property features durable masonry and heavy-timber construction, with two spacious 2-bedroom units and one 1-bedroom unit. **Each unit has separate systems for heat, hot water, and electric, providing straightforward management and utility responsibility.** The first-floor unit offers a private exterior entrance, while the second- and third-floor units are accessed through a shared interior staircase. The 2nd and 3rd floor units are currently occupied, providing immediate rental income and an established tenant base from day one. There is a fenced in back yard for the 1st floor unit to utilize. And also a fire escape for the 2nd and 3rd floor units. With renovations, new construction, and neighborhood investment taking place on surrounding blocks, Wilmington’s Eastside is experiencing meaningful momentum. This is an opportunity to secure an income-producing property in a community poised for continued growth and transformation. Get in while the Eastside is turning the corner!

$1,969/mo

Est. mortgage payment based on a $295,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DENC2109392

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$3,108
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by Century 21 Gold Key Realty
Listing Contact: 3025284448 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/2/2026 at 12:32 AM UTC

 

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