1531 Delaware Ave
Listing Notes
Photos Coming Soon!! Discover an incredible opportunity near one of Wilmington's most beloved and walkable neighborhoods - vibrant, charming Trolley Square! This well-maintained triplex offers a blend of stable rental income, future value-add potential, and unbeatable location just steps from restaurants, cafes, local shops, nightlife, and community favorites. This 3-unit property includes two currently occupied one-bedroom apartments with leases secured through August 2026 - a fantastic benefit for investors seeking immediate and predictable cash flow. The top-floor unit is ready for its next chapter, offering a blank canvas for renovation to elevate rents and maximize returns. Whether updating the two bedroom into a space to add rental income or to create the perfect owner-occupied space - the upside is all yours. Whether you're growing your investment portfolio or envisioning the perfect space to live and earn in a thriving location, this triplex checks all the boxes: income stability now with exceptional potential ahead.
Price in context
Cheaper than 17% of the 24 homes listed nearby right now, which run $289,800 to $695,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1515 N Rodney St | $289,800 | 3 bd · 1 ba |
| 1509 N Rodney St | $329,900 | 2 bd · 1.5 ba |
| 1323 N Clayton St | $335,000 | 5 bd · 1.5 ba |
| 1419 N Clayton St | $350,000 | 3 bd · 1.5 ba |
| 1614 W 16th St | $350,000 | 3 bd · 1 ba |
| 1325 N Clayton St | $350,000 | 4 bd · 1 ba |
| 1619 N Rodney St | $356,000 | 4 bd · 2 ba |
| 1510 W 14th St | $364,900 | 5 bd · 3 ba |
| 1309-A N Rodney St | $369,900 | 3 bd · 1.5 ba |
| 1616 W 16th St | $380,000 | 3 bd · 1.5 ba |
| 1503 N Rodney St | $395,000 | 4 bd · 2.5 ba |
| 1603 N Rodney St | $395,000 | 4 bd |
| 1409 N Clayton St | $399,900 | 3 bd · 2.5 ba |
| 1312 N Rodney St | $414,900 | 3 bd · 2.5 ba |
| 1320 N Rodney St | $415,000 | 3 bd · 2.5 ba |
| 1309 N Rodney St | $419,000 | 3 bd · 1.5 ba |
| 1516 N Clayton St | $419,900 | 2 bd · 1.5 ba |
| 1503 W 14th St | $449,000 | 5 bd · 2.5 ba |
| 1514 W 14th St | $460,000 | Studio |
| 1519 W 14th St | $465,000 | 6 bd · 2.5 ba |
| 1406 Gilpin Ave | $499,900 | 6 bd · 2.5 ba |
| 1505 N Rodney St | $565,000 | 4 bd · 2.5 ba |
| 1607 N Rodney St | $599,900 | 5 bd · 3.5 ba |
| 1520 N Rodney St | $695,000 | 4 bd · 4.5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more