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$439,900

902 Madison St

Wilmington, DE
ACTIVE-BRIGHT
6
Bedrooms
4,250
Square Feet
0.08
Lot Size (acres)
1875
Year Built
159
Days On Market

Excellent investment opportunity in the heart of Wilmington! This well-maintained triplex at 902 N Madison features three spacious units, each offering 2 bedrooms and 2 full bathrooms — a highly desirable layout for today’s rental market. All units are currently occupied with long-term tenants on month-to-month leases, providing immediate rental income along with future flexibility for investors looking to maximize returns. Perfect for investors seeking to expand their portfolio, this property is ideally located just minutes from Trolley Square, Market Street, Wilmington Train Station, major highways, shopping, dining, and public transportation. Its prime location offers strong rental appeal and convenient access for commuters and city living alike. Whether you’re looking for steady cash flow, long-term appreciation, or value-add potential, this income-producing multi-family property is an opportunity you won’t want to miss!

Listing Information

Listing Updated
13 days ago
Listed By
Jazmin Lynn Montalvo, 3022561215 · Keller Williams Realty Wilmington, 3022991100
MLS#
DENC2103428
Source
Bright
Status
ACTIVE-BRIGHT

Facts & Features

Location

Community Information

Address
902 N Madison St, Wilmington, DE 19801
City
Wilmington
County
New Castle
Zip Code
19801

Architecture

Bedrooms
6
Year Built
1875
Style
Traditional
Construction Materials
Brick
Building Area
4,250 sq. ft.
Foundation
Concrete Perimeter
Garage Spaces
0
Parking Features
Off Street

Features & Amenities

Appliances
Gas Water Heater
Cooling
Central Air, Gas
Heating
Natural Gas, Hot Water

Property Features

Lot Size
0.08 Acres
Water
Public
Sewer
Public Sewer

Square Footage

Above Grade
4,250 sq. ft.
Total
4,250 sq. ft.

Tax & Financial Information

List Price
$439,900
Annual Taxes
$5,912

Schools

74/100
Howard High School of Technology
High · Grades 09–12 · 0.7 mi
City
Wilmington
Students
902
Parent reviews
5.0★ avg · 2 reviews
Student body
59% Black · 27% Hispanic / Latino · 7% White
Phone
(302) 571-5400
72/100
Lewis (William C.) Dual Language Elementary School
Elementary · Grades KG–05 · 0.2 mi
City
Wilmington
Students
371
Parent reviews
4.5★ avg · 4 reviews
Student body
56% Hispanic / Latino · 26% Black · 15% White
Phone
(302) 651-2695
72/100
First State Montessori Academy
Elementary · Grades KG–08 · 0.5 mi
City
Wilmington
Students
434
Parent reviews
5.0★ avg · 2 reviews
Student body
70% White · 16% Black · 5% Asian
Phone
(302) 576-1500
70/100
Kuumba Academy Charter School
Elementary · Grades KG–08 · 0.5 mi
City
Wilmington
Students
637
Parent reviews
5.0★ avg · 2 reviews
Student body
89% Black · 5% Hispanic / Latino · 2% Two or More Races
Phone
(302) 472-6450
68/100
Freire Charter School
High · Grades 08–12 · 0.4 mi
City
Wilmington
Students
411
Parent reviews
5.0★ avg · 2 reviews
Student body
84% Black · 7% Hispanic / Latino · 6% White
Phone
(302) 407-4800
56/100
Shortlidge (Evan G.) Academy
Elementary · Grades KG–02 · 0.6 mi
City
Wilmington
Students
394
Student body
76% Black · 15% Hispanic / Latino · 7% White
Phone
(302) 651-2710
55/100
First State School
7th & Above · Grades 01–11 · 0.4 mi
City
Wilmington
Students
22
Student body
73% Black · 14% Hispanic / Latino · 9% White
Phone
(302) 320-5848
54/100
Maurice Pritchett Senior Academy
Elementary · Grades 01–08 · 0.7 mi
City
Wilmington
Students
524
Student body
86% Black · 7% Hispanic / Latino · 5% White
Phone
(302) 647-8725

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
05/19/2026Listed for sale$439,900

Listed by Jazmin Lynn Montalvo · Keller Williams Realty Wilmington · 3022991100

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: October 11, 2026 at 11:26 PM | Source: Bright | MLS#: DENC2103428

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