About 1531 Delaware Ave
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, cafés, 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.
Features of 1531 Delaware Ave
| MLS® # | DENC2093544 |
|---|---|
| Price | $485,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,975 |
| Acres | 0.05 |
| Year Built | 1900 |
| Type | Multi-Family |
| Sub-Type | Triplex,Twin/Semi-Detached |
| Style | Victorian |
| Status | Pending |
Community Information
| Address | 1531 Delaware Ave |
|---|---|
| Area | Wilmington |
| Subdivision | FORTY ACRES |
| City | WILMINGTON |
| County | NEW CASTLE-DE |
| State | DE |
| Zip Code | 19806 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Hot Water |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Construction | Brick |
| Foundation | Block |
School Information
| District | RED CLAY CONSOLIDATED |
|---|
Additional Information
| Date Listed | November 28th, 2025 |
|---|---|
| Days on Market | 14 |
| Zoning | 26R-4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |