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708 N Van Buren Street

Wilmington, DE 19805

– beds
– baths
2,725 sqft
2,614 sqft lot
$97 per sqft
1900 build

Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied brick duplex located in Cool Springs. Rarely available, this building features 2 large apartments with separate entrances. Unit 1 is a bi-level apartment with 2 bedrooms and 2 full bathrooms with direct inside access to the basement and exclusive access to the large backyard. Unit 2 is a modern bi-level apartment with 2 bedrooms and 1.5 bathrooms, an in-unit washer/dryer connection and a NEW deck off of the primary bedroom with an awesome view of downtown Wilmington. The roof was recently replaced (Jan. 2025) and all apartments feature central air conditioning. Each unit has its own HVAC system, hot water heater and is separately metered for electric services. The landlord pays for water/sewer, grounds/lawn care, property taxes and insurance. Please see income and expense sheet for additional information. Producing just under $3,000 a month, this is a solid investment property with good rental history. You don’t want to miss this one! Building is being sold in "as is" condition.

Listing courtesy of BRIGHT / RE/MAX Associates-Wilmington

Last checked: Checking… • Last updated Mar 11, 2025 •

MLS# DENC2077158 —

The Building

Year Built:

1900
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Building Units Total:

2
Structure Type:

End of Row/Townhouse
Historic:

Yes
Architectural Style:

Traditional
Accessibility Features:

None
Foundation Details:

Stone
Basement:

Yes
Basement Type:

Unfinished, Full
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2725

Interior

Interior Features:

Combination Dining/Living, Ceiling Fan(s), Bathroom - Stall Shower, Carpet, Entry Level Bedroom, Kitchen - Galley, Skylight(s)
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2725
Living Area SqFt:

2,725 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Conventional, Cash
Possession:

Immediate

Location

Directions:

From I-95 Northbound, take Maryland Avenue Exit. Stay Straight off of exit. Left on W. 4th Street. Right on N. Van Buren to 708.
Cross Street:

W. 8th Street
Latitude:

39.74742438
Longitude:

-75.56001318

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.06
Lot Size Source:

Assessor
Lot Size Dimensions:

17.30 x 145.00
Lot Dimensions Source:

Assessor
Lot SqFt:

2,614 Sqft
Exclusions:

Tenant's Personal Property
Zoning:

26R-3
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

26-027.40-305
Tax Year:

2024
Tax Lot:

305
Tax Annual Amount:

$576
Tax Assessed Value:

$11,400
Year Assessed:

2024
School Tax:

303.0
County Tax:

29.00
City/Town Tax:

245.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Appliances

Appliances:

Cooktop, Dishwasher, Dryer, Oven - Single, Range Hood, Refrigerator, Stove, Washer, Water Heater

Schools

School District Name:

Red Clay Consolidated
School District Source:

Listing Agent

The Community

Exterior Features:

Sidewalks
Pool:

No Pool
Municipal Trash:

Yes

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

# of Units:

2
Other Units:

Unit 1,Unit 2
Vacation Rental:

No
Units Furnished:

None
Two Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/9/25 Mar 9, 2025	Listed / Active	BRIGHT	$265,000

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This multifamily located in Downtown Wilmington, Wilmington, DE 19805 is currently for sale for $265,000. 708 N Van Buren Street is a 2,725 square foot multifamily with – beds and – baths. 708 N Van Buren Street is in the Downtown Wilmington neighborhood of Wilmington and has a WalkScore® of 81, making it very walkable. This multifamily is in the attendance area of Skyline Middle School, William C. Lewis Dual Language Elementary School, and Alexis I. Dupont High School.

Listing Courtesy of: BRIGHT and RE/MAX Associates-Wilmington.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.