$395,000

513 N Broom St Wilmington, DE 19805

$4,691
Closing credit¹
2,425 sqft
0.06 acres
$163 / sqft
Multi-Family

Property details

About 513 N Broom St

Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied, 3-unit apartment building that is conveniently located near the Wilmington Riverfront, downtown employers, the Wilmington Train Station and easy access to I-95. Rarely available, this building has been well maintained by the current owners and features one 1 bedroom apartment and two 2 bedroom apartments. All apartments feature central air conditioning and each unit is separately metered for gas and electric services. Tenants pay their own utilities and the landlord pays the utilities for the common areas (basement and foyer), lawn/grounds care, property taxes and building insurance. Please see income and expense sheet for additional information. Notable updates include NEW HVAC systems for Units 1 & 2 (2023), NEW HVAC system for Unit 3 (2024), Newer Roof (2021), New Hot Water Heaters for Units 1 & 2 (2022), Unit 2 Remodeled (2023) and Unit 3 Remodeled (2024). The kitchens in the remodeled units feature GRANITE countertops. The property also comes with a coin-operating washer and dryer in the basement that are currently used by the tenants. Producing approximately $4,000 a month, this is a solid investment property with good rental history. You don’t want to miss this one! Although this property has been well maintained, property is being sold in “as is” condition.

Highlights

Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,425 sqft
BasementYes
Lot size0.06 Acres
Year built1890
ParkingOn Street
MLS #DENC2077178

Summary

  • MLS Number: DENC2077178
  • MLS Name: BRIGHT
  • Office Name: RE/MAX Associates-Wilmington
  • Office Phone: (302) 477-3900
  • Office Email: john@johnwford.com
  • Listing Agent: Renee Spruiel
  • Agent Phone: (302) 559-5402
  • Agent Email: rspruiel@yahoo.com

IDX Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 9:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a porch, a high end roof, brick siding, and mansard roof

$395,000

513 N Broom St

$4,691

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$48,900$1,326
2021$48,900$2,305
2020$48,900$1,337
2019$48,900$1,331
2018$48,900$1,329
2017$48,900$1,259

History based on county public records data.

Nearby schools

5

William C. Lewis Dual Language Elementary School

Public District KG-5

0.4 mi

920 N Van Buren St

4

Highlands Elementary School

Public District KG-5

1.0 mi

2100 Gilpin Ave

1

Warner Elementary School

Public District 3-5

1.1 mi

801 W 18th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,918. The most common annual income of people living in Wilmington, DE is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

30%
<35k
63%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
38%
Single, with Kids
8%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
30%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Wilmington, DE

About 513 N Broom St

This home is located at 513 N Broom St in Wilmington, DE and zip code 19805. This 2,425 square foot home, which was built in 1890, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $395,000.

Over 36 listings were sold over their listed price in February 2025 in Wilmington, DE. In the same period over 48 listings were sold below the listed price and 37 listings were sold for the listed price. The number of listings in Wilmington, DE increased by 3.9% between January and February 2025. In February 2025 median list price was $329,962 and the average listing age was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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