# 1300 N FRENCH Street, Wilmington, DE 19801

> **TL;DR:** other, $1,250,000, built 1920.
> A/C. Est. $6,686/mo. Listed 30 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Year Built | 1920 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 30 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,321 |
| Estimated Insurance | $365 |
| **Total** | **$6,686** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1920
- 0.12 acre lot

## Description

### Agent Description
Exceptional opportunity to acquire an 8-unit multifamily property (with potential for a 9th unit subject to zoning) in a highly desirable downtown Wilmington location known for strong and consistent rental demand. The property offers an attractive and diverse unit mix of four 1-bedroom, three 2-bedroom, and two 3-bedroom units across 6,513 square feet. This well-balanced layout, combined with the opportunity to add a ninth unit, creates strong tenant appeal and multiple avenues for income growth. The asset has significant value-add upside through leasing the 9th unit, implementing RUBS (80% recapture assumed), and contesting the current property tax assessment of $1,478,500. Ideally situated near ChristianaCare Wilmington Hospital, with excellent accessibility via I-95, public transportation, and proximity to employment hubs, downtown amenities, and Rodney Square, the property benefits from robust tenant demand and consistent leasing activity in this established neighborhood. This offering presents a compelling investment for both new and experienced investors seeking stable in-place cash flow with clear, achievable value-add potential. With its diverse unit mix, strong location fundamentals, and multiple levers for income and expense optimization, 1300 N French Street is well-positioned for immediate returns and long-term appreciation in the Wilmington market.

## Location

- **Address:** 1300 N FRENCH Street, Wilmington, DE 19801
- **County:** NEW CASTLE
- **Neighborhood:** NONE AVAILABLE
- **Coordinates:** 39.74741745, -75.54398346
- **Google Maps:** https://www.google.com/maps?q=39.74741745,-75.54398346

## Listing Agent

- **Name:** Mark Stape
- **Brokerage:** Compass
- **Phone:** 3022029855

## Primary Photo

![1300 N FRENCH Street - Primary Photo](http://lh.rdcpix.com/0f3e61b466d122a599acccd53a6bcbacl-f2834222490r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.ai/listing/1300-n-french-street-wilmington-de-19801-c2104334)*

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**MLS#:** DENC2104334 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1300-n-french-street-wilmington-de-19801-c2104334)

---

## Structured Data

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  "name": "1300 N FRENCH Street, Wilmington, DE 19801",
  "description": "Exceptional opportunity to acquire an 8-unit multifamily property (with potential for a 9th unit subject to zoning) in a highly desirable downtown Wilmington location known for strong and consistent rental demand. The property offers an attractive and diverse unit mix of four 1-bedroom, three 2-bedroom, and two 3-bedroom units across 6,513 square feet. This well-balanced layout, combined with the opportunity to add a ninth unit, creates strong tenant appeal and multiple avenues for income growth",
  "url": "https://www.propertysimple.ai/listing/1300-n-french-street-wilmington-de-19801-c2104334",
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  "datePosted": "2026-07-03",
  "price": 1250000,
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