821 W 7th St Wilmington, DE 19801
Downtown Wilmington NeighborhoodEstimated payment $1,225/month
Total Views
3,124
--
Bed
--
Bath
1,675
Sq Ft
$125
Price per Sq Ft
About This Home
This income-producing Duplex in the Heart of Wilmington is Vacant & Ready!
Attention investors and savvy homebuyers! This well-maintained duplex in the city of Wilmington offers the perfect opportunity to generate income or enjoy affordable living by occupying one unit and renting out the other. Both units are vacant, allowing for immediate occupancy or tenant placement.
Each spacious unit features great living space. Unit 1 has 1 bedroom and a bonus room and Unit 2 has one large bedroom, providing comfortable living and strong rental potential. Whether you're building your real estate portfolio or looking to offset your mortgage, this property delivers flexibility and long-term value.
Located close to public transportation, parks, schools, and major highways, this is a prime city location that’s always in demand.
**Live in one, rent the other – or lease both for passive income.
Don’t miss your chance to own a turnkey investment in a growing market. Schedule your private tour today! This won't last long!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $787
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 18.00 x 85.00
Parking
- On-Street Parking
Home Design
- 1,675 Sq Ft Home
- Duplex
- Brick Exterior Construction
- Block Foundation
Utilities
- Electric Baseboard Heater
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- 2 Units
- 2 Vacant Units
Listing and Financial Details
- Tax Lot 231
- Assessor Parcel Number 26-034.20-231
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $516 | $14,000 | $3,500 | $10,500 |
| 2023 | $493 | $14,000 | $3,500 | $10,500 |
| 2022 | $498 | $14,000 | $3,500 | $10,500 |
| 2021 | $2,081 | $14,000 | $3,500 | $10,500 |
| 2020 | $476 | $14,000 | $3,500 | $10,500 |
| 2019 | $689 | $14,000 | $3,500 | $10,500 |
| 2018 | $40 | $14,000 | $3,500 | $10,500 |
| 2017 | $649 | $14,000 | $3,500 | $10,500 |
| 2016 | $649 | $14,000 | $3,500 | $10,500 |
| 2015 | $608 | $14,000 | $3,500 | $10,500 |
| 2014 | $608 | $14,000 | $3,500 | $10,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Sale | $209,900 | +90.8% | $125 / Sq Ft |
| 08/09/2022 08/09/22 | Sold | $110,000 | +10.1% | $66 / Sq Ft |
| 07/02/2022 07/02/22 | For Sale | $99,900 | +334.3% | $60 / Sq Ft |
| 08/30/2013 08/30/13 | Sold | $23,000 | -3.8% | $14 / Sq Ft |
| 08/22/2013 08/22/13 | Pending | -- | -- | -- |
| 07/12/2013 07/12/13 | For Sale | $23,900 | -- | $14 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | $11,500 | None Available | |
| Deed | $23,000 | None Available | |
| Sheriffs Deed | $90,924 | None Available | |
| Deed | -- | None Available | |
| Deed | $76,400 | None Available | |
| Deed | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $95,000 | Purchase Money Mortgage | |
| Previous Owner | $68,760 | Fannie Mae Freddie Mac | |
| Previous Owner | $42,500 | Seller Take Back |
Source: Public Records
Similar Homes in Wilmington, DE
Source: Bright MLS
MLS Number: DENC2085212
APN: 26-034.20-231
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