
Mixed-Use Land for Sale in Wilmington, Delaware
1403 N Broom St, Wilmington, DE 19806
Investment Opportunity - Monument Square Apartments presents a rare chance to acquire a stabilized 10-unit multifamily property in Wilmington's sought-after Trolley Square neighborhood. The asset consists of two adjoining three-story brick buildings on separate parcels, with each apartment featuring its own character and separately metered utilities. Over the past five years, ownership has invested in both cosmetic updates and key system improvements across all units, enhancing tenant appeal and reducing near-term capital needs. The property is well-positioned to provide consistent cash flow with upside through future rent growth in a high-demand submarket. For scale-minded investors, this property can also be acquired with two adjacent buildings totaling 19 additional units plus a buildable lot, offering immediate portfolio expansion in one of Wilmington's most desirable rental corridors. Full financials and package details available upon request.
Location
- Street address
- 1403 N Broom St
- County
- New Castle County
- School district
- Red Clay Consolidated
- Elevation
- 158 feet
Property details
- Lot size
- 0.09 acres3,920 sq ft
- Source
- LONGANDFOSTER
- Posted
Property taxes
- Recent
- $12,641
Parcels
- 2602020189
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Parking
- On Street
Structure
- Heating
- Hot Water
- Cooling
- Central Air, Multi Units, Window Unit(s)
- Materials
- Brick
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 15, 2025 | New listing | $900,000 | — | LONGANDFOSTER |