MLS: #DENC2109392, Listed By: Susan Elentrio-Mahoney, Century 21 Gold Key Realty, Source:Bright MLS
940 N Spruce Street
WILMINGTON, DE 19801
5
Bed
0
Bath
2,624Sqft
0.03Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Room Information
Rooms Total: 14 Has Basement: Yes Basement: Full -
Flooring Information
Laminate, Carpet -
Interior Features
Appliances: Electric Range, Electric Oven, Gas Water Heater, Exhaust Fan, Microwave, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Exhaust Fan, Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s), Electric
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Building Information
Year Built: 1903 Building Area Total: 2624 Construction Materials: Aluminum Siding, Brick Patio And Porch Features: Enclosed Pool Features: None Private Pool: No View: City
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Lot Information
Lot Dimensions: 16.00 x 71.50 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1307 Lot Description: Back Yard
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Listing Price Information
Listing Price: $295900
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Tax Information
Parcel Number: 26-036.30-515 Tax Lot: 515 Tax Year: 2025 Annual Tax: $3108
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Parking Information
On Street, Unassigned
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Utility Information
Natural Gas Available, Sewer Available, Water Available, Electricity Available -
Location Information
Direction: see map WaterSource: Public Security Features: Smoke Detector(s), Fire Escape
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 516 E 11th Street, Wilmington, DE, 19801 | $228,009 | 2 | -- | 1,600 | -- |
| 1310 N French Street, Wilmington, DE, 19801 | $310,000 | 3 | -- | 1,896 | 0.05 Acre |
| 833 N Market Street, Wilmington, DE, 19801 | $1,050,000 | 8 | -- | -- | 0.05 Acre |
| 600 N West Street, Wilmington, DE, 19801 | $760,000 | 8 | -- | -- | 0.07 Acre |
| 703 N West Street, Wilmington, DE, 19801 | $499,900 | 7 | -- | 3,150 | 0.08 Acre |
| 902 N Madison Street, Wilmington, DE, 19801 | $439,900 | 6 | -- | 4,250 | 0.08 Acre |
| 600 W 5th Street, Wilmington, DE, 19801 | $350,000 | 6 | -- | 2,775 | 0.04 Acre |
| 801 W 9th Street, Wilmington, DE, 19801 | $375,000 | 6 | -- | 2,875 | 0.03 Acre |
| 715 W 8th Street, Wilmington, DE, 19801 | $279,000 | 4 | -- | 1,750 | 0.03 Acre |
| 1014 N Adams Street, Wilmington, DE, 19801 | $299,000 | 4 | -- | 1,425 | 0.03 Acre |
Similar Multifamily To 940 N Spruce Street
Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 08/31/2026 @ 16:08
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