4,350 sqft

$950,000

1001 & 1003 W. 8th St. W 8TH STREET, WILMINGTON DE, 19806

Price per sqft$218.39

Built in1889

Property size4,350 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Apr 18, 2026

Updated 8 days ago

Welcome to Cool Springs, located on the Westside of the City of Wilmington! Proximity to highways, places of worship, educational facilities, and moments to hot spots in Trolley Square, Union Street, and the Central Business district downtown, this is right in the middle of it all! Nine unit apartment building comprised of two structures with separate entrances with a common access basement is ready for its next operator. 1001 offers four units while 1003 offers five. A sliver of off street parking rounds out the amenities for tenants and management alike. An eclectic mix of modern and functional units that afford a cozy lifestyle for tenants. Separate systems make operation dynamics a breeze and keep owner expenses to a minimum. Excellent opportunity for some value add projects while repositioning of rents to increase cash flow and maximize return on investment. Could be the cornerstone of a performing portfolio, or a healthy addition to a scaled operation. A unique opportunity in a desirable locale for the smart investor to capitalize on!

Additional information

MLS^® ID: DENC2099042

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $8,065
Tax Frequency: Annually

Listed by Pantano Real Estate Inc
Listing Contact: 3027405524

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/2/2026 at 12:03 AM UTC

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