Investment property for sale in the heart of Wilmington! This well-maintained 7-unit multifamily property features a strong income opportunity. This building consists of one 1 bedroom unit, and six studio units, offering an attractive unit mix for consistent tenant demands. Three of the units have been fully renovated with modern finishes including stainless steel appliances, luxury LVP flooring, and granite countertops. The remaining units provide additional upside potential for future improvements increased cash flow. This property has long term tenants in place a low vacancy rate. Conveniently located near downtown Wilmington, shopping, dining and transportation routes. Whether expanding your portfolio or entering the multifamily market, 116 West 30th Street presents an opportunity to grow your rental portfolio.
5,227 Sq Ft Lot Size
commercial
$290 Monthly Tax
Built in 1960
MLS/Listing ID DENC2103208
7 Units
Heating - Electric
Heating - Natural Gas
Cooling - Window Units
Construction - Brick
Public Water
Public Sewer
Shingle
TOTAL MONTHLY COST
$0
$0
$0
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 05/26/2026.
Source: Bright Multiple Listing Service, Inc.
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