223&225 N Maryland Avenue, Wilmington, DE 19804-1389 $779,900
Interior Sq. Ft: 5,000
Great opportunity to buy 2 apartment buildings outside of the city limits. Side-by-side buildings will be easy to rent and stay rented with little to no vacancies. This property is located in the Red Clay school district- popular for renters. There are 7 total units consisting of 3- 2 bedrooms. 3- 1 bedrooms and 1 efficiency. The owners have redone the apartments over time. The photos are of various units showing the conditions and upgrades in the units. There are some with hardwood floors and some with newer LVP. The buildings have a rear entry parking lot with plenty of off-street parking. There is a nice rear yard. The tenants are a month to month leases. One of the 2 bedroom apartments is currently being renovated. All units have been updated. The building offer apartments that are both spacious and charming. Some units have screened-in porches and decks. Great positive cash flow has been consistent since ownership and the units are extremely easy to rent.
Home Assoc: No
Condo Assoc: No
Pool: No Pool
Hot Water Heating, Natural Gas, Window Unit(s) Cooling, None, Public Water, Public Sewer
Side Entrance Basement
Shingle Roof, Aluminum Siding, Vinyl Siding
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (32 schools)
Public Middle (10 schools)
|Douglass School||Christina School District||1–12||Wilmington||0.52 mi|
|Odyssey Charter School||Odyssey Charter School||K–12||Wilmington||2.13 mi|
|First State School||Red Clay Consolidated School District||2–12||Wilmington||2.26 mi|
|duPont (Alexis I.) Middle School||Red Clay Consolidated School District||6–8||Greenville||2.54 mi|
|Gateway Lab School||Gateway Lab School||3–8||Wilmington||2.61 mi|
|McCullough (Calvin R. ) Middle School||Colonial School District||6–8||New Castle||2.62 mi|
|Leach (John G.) School||Colonial School District||Preschool–12||New Castle||3.34 mi|
|duPont (Pierre S.) Middle School||Brandywine School District||6–8||Wilmington||3.52 mi|
|Read (George) Middle School||Colonial School District||6–8||New Castle||3.73 mi|
|Stanton Middle School||Red Clay Consolidated School District||6–8||Wilmington||3.81 mi|
Public High (16 schools)
Private (25 schools)
© 2023 LiveBy. All Rights Reserved.
This report is a detailed community overview for Wilmington (19804), Delaware.
- Average travel time to work for people in this community: 23
- Average salary of people in this community: $45,558
- Population Density (ppl / mile): 2,303
- Household Size (ppl): 2.48
- Households w/ Children: 52%
- Owned: 5,175 (68.5%)
- Rented: 1,896 (25.1%)
- Vacant: 489 (6.5%)
- Total: 7,560
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
- Less than 9th Grade: 3.8%
- Some High School: 8.7%
- High School Graduate: 40.5%
- Some College: 20.5%
- Associate Degree: 6.8%
- Bachelor's Degree: 13.6%
- Graduate Degree: 6.1%
Median Income: $61,531
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- One Bedroom: $682
- Two Bedroom: $1,153
- Three Bedroom: $1,410
- Four Bedroom: $1,612
© 2023 LiveBy. All Rights Reserved.
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 9/21/2023.