# 1400 & 1408 DELAWARE AVE, Wilmington, DE 19806 > **TL;DR:** single family, $2,200,000, built 1900. Est. $11,766/mo. Listed 30 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,200,000 | | Year Built | 1900 | | Lot Size | 10,890 sqft (0.25 acres) | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 30 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $11,124 | | Estimated Insurance | $642 | | **Total** | **$11,766** | ## Property Highlights - Built in 1900 - 0.25 acre lot ## Description ### Agent Description Investment Opportunity - Monument Square Apartments Trolley Square, Wilmington, DE Monument Square Apartments presents a rare opportunity to acquire a stabilized 8-unit multifamily asset along with a buildable lot in the heart of Wilmingtons highly desirable Trolley Square neighborhood. Two separate parcels, a lot approved for 4-6 units and an apartment building Uniquely renovated and designed, with individually metered utilities, providing operational efficiency and tenant autonomy. Current ownership has invested in comprehensive improvements over the past five years, including both cosmetic upgrades and essential system enhancements across all units. These capital improvements have elevated the assets marketability while significantly reducing near-term maintenance exposure. The property is cash-flow positive with strong in-place income and additional upside potential through future rent growth in a supply-constrained, high-demand submarket. The adjacent buildable lot offers capacity for 4-6 new two-bedroom units, presenting a valuable expansion or development opportunity. Financials, rent roll, and development schematics available upon request. ## Location - **Address:** 1400 & 1408 DELAWARE AVE, Wilmington, DE 19806 - **County:** New Castle - **Neighborhood:** TROLLEY SQUARE - **Coordinates:** 39.75546, -75.56006 - **Google Maps:** https://www.google.com/maps?q=39.75546,-75.56006 ## Listing Agent - **Name:** Buzz Moran - **Brokerage:** Long & Foster Real Estate - **Broker Phone:** 3023515000 ## Photos ![1400 & 1408 DELAWARE AVE - Photo 1](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f4040435695r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 2](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f115859670r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 3](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f2154460405r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 4](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f2821418262r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 5](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f303597143r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 6](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f3374370744r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 7](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f207203047r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 8](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f1123224r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 9](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f55634290r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 10](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f4101933343r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 11](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f2345455467r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 12](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f4181248028r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 13](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f330512764r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 14](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f2007351764r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 15](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f3267831653r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 16](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f1946756978r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 17](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f400001524r.jpg) ![1400 & 1408 DELAWARE AVE - Photo 18](http://lh.rdcpix.com/1cdcae83153711ba05c2cbb006a29ccdl-f1926303456r.jpg) --- **MLS#:** DENC2112384 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Long & Foster Real Estate. 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/1400-1408-delaware-ave-wilmington-de-19806-cba1e49e39ea43518f5193ea52af7d17) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1400-1408-delaware-ave-wilmington-de-19806-cba1e49e39ea43518f5193ea52af7d17#listing", "url": "https://www.propertysimple.ai/listing/1400-1408-delaware-ave-wilmington-de-19806-cba1e49e39ea43518f5193ea52af7d17", "name": "1400 & 1408 DELAWARE AVE, Wilmington, DE 19806", "description": "Investment Opportunity - Monument Square Apartments Trolley Square, Wilmington, DE Monument Square Apartments presents a rare opportunity to acquire a stabilized 8-unit multifamily asset along with a buildable lot in the heart of Wilmingtons highly desirable Trolley Square neighborhood. 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