Neighborhood
1808 W 8th St, Wilmington, DE 19805
3 beds · 2 baths · 1,950 sq ft · Lot: 2,614 sq ft · Multi-Family Home (2 - 4 units) · Built: 2001
Est. Value:
$289K
Est. Rent:
$2.5K/month

1808 W 8th St Wilmington, DE 19805

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3 beds · 2 baths · 1,950 sq ft · Lot Size: 2,614 sq ft · Multi-Family Home (2 - 4 units) · West Side Wilmington
Est. Property Value: $288,897

Valued above Market MedianOwner Age 45 - 55

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1808 W 8th St is in the West Side Wilmington neighborhood of Wilmington, DE. It is located in New Castle County and ZIP code 19805. This Multi-Family Home (2 - 4 units) was built in 2001 and is approximately 24 years old. The multi-family home (2 - 4 units) spans 1950 sq ft with 3 bedrooms and 2 bathrooms and sits on a 2614 sq ft lot. According to public records, it was sold for $75,000. The West Side Wilmington area of Wilmington has 362 residential homes with an average size of 1475 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1808 W 8th St Wilmington, DE 19805 with Property Intel by Whitepages.

Investment Potential for 1808 W 8th St

The property has a current estimated value of $288,897, which is 36% above the neighborhood median, based on public records. It last sold for $75,000. Projected long-term
is $30,000 annually ($2,500 per month) with a 86% occupancy rate.

Discover more Multi-Family Home (2 - 4 units)s in West Side Wilmington.
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Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
86%in 19805 zip code
 
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Owners & Occupancy for 1808 W 8th St

This property is owned by Toren M Williams. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

OccupationProject Manager, Architectural Alliance, Inc.
Cell Phone(302) ***-****View Cell Phone
Residence**************
Landline(757) 896-8612
Distance from Property**********
Email Address********@gmail.comView Email
View All Owner Info

Property Ownership Information

Property Tax Amount$1,672 in 2024
Purchase Price$75,000

Occupancy

Resident 1***************** age 76

Property Details for 1808 W 8th St

Property Details

Property Sq Ft

Living Area

1,950 sq ft

32% above market

Lot Size

2,614 sq ft

20% above market

Price Per Sq Ft

Living Area

$148 / sq ft

8% above market

Lot Size Area

$111 / sq ft

4% above market

Property condition, age, exterior, etc. for 1808 W 8th…
Longitude: -75.56912 Latitude: 39.751273 Parcel Number (APN): 26-027.10-019…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details
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Discover more multi-family homes near 1808 W 8th St in Wilmington, Delaware. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1808 W 8th St in New Castle County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$288,897
$233,763
$55,134 (24%)
$******
$408,397
$207,516 (51%)
YoY Price Change
—
—
—
Year Built
2001
1946
55 years
Living Space
1,950 sq ft
1,475 sq ft
475 (32%)
$ Per Living Sq Ft
$148
$158
-$10 (-6%)
Lot Size
2,614 sq ft
3,049 sq ft
-435 (-14%)
$ Per Lot Sq Ft
$111
$75
$36 (48%)

Net Operating Income
$*****
$19,911
$2,293 (12%)
Annual Revenue
$30,000
$26,400
$3,600 (14%)
$****
$6,395
$1,401 (22%)
Net Operating Income
$*****
$19,911
$2,293 (12%)
Cap Rate
****%
8.58%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Multi-Family Home (2 - 4 units) Medians

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