Change Real Estate Presents:

906 N Madison Street
Wilmington DE 19801

Sold for $370,000.00 Closed

Close Date: 2026-03-06

Wilmington
2,500 build ft2
3,920 land ft2

About This Property

Prime Investment Opportunity – Fully Rented Triplex in Historic Trinity Vicinity. High Demand Location. Solid income-producing triplex located at 906 N. Madison Street, set on a charming, tree-lined block in the highly desirable Historic Trinity Vicinity. This fully leased, three-unit property offers an attractive and versatile unit mix, including one efficiency studio unit with one full bath, one spacious 2-bedroom split unit with 2 full bathrooms, and one 2-bedroom one full bath flat on the first floor—appealing to a broad tenant base. Ideally positioned within walking distance to offices, retail, dining, the post office, and public transportation, this location supports strong rental demand and long-term stability. A turnkey opportunity for investors seeking a well-located, income-generating multi-unit asset in the heart of the city. Tenant pays for heat, electricity and hot water. Landlord pays for water & sewer. 2 Bedroom 2 Bath Unit rent is $1,325. 2 Bedroom 1 Bath Unit rent is $1,250. Studio rent is $875. Gross rent for all three units is $41,400. Management fee is 8%. Buyer is not obligated to use the current Management Company.

Listing Agent: Michele A Endrich. BHHS Fox & Roach - Hockessin 302-690-4279 michele.endrich@foxroach.com

Property Features

Location Information
County:
Subdivision: TRINITY VICINITY
click to open map in a new window
Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Wall Unit
Heating: Hot Water, Baseboard - Electric
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1840
Legal Subdivision: Wilmington
Subdivision Name: Trinity Vicinity
Schools
Elementary School: Stubbs
Junior High School: Bayard
High School: Christiana

IDXListing Courtesy of Michele A Endrich. BHHS Fox & Roach - Hockessin 302-690-4279 michele.endrich@foxroach.com

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