Listing provided courtesy of RE/MAX EssentialMLS# 100579949MLS Provider
  • 21 days on site
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Part of 5-property income portfolio in downtown Wilmington -- offered as a single transaction. or as a stand alone. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.

Source: Hive MLS, MLS#: 100579949

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  • Property Type
    Residential
  • Lot
    0.05 acres

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Nell Graham

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  • Median Age
    39
  • Population Density
    850
  • College Educated
    38%
  • Estimated Median Income
    $39,146
  • Estimated Total Home Owners
    4,186
  • Estimated Total Renters
    6,758
  • Owner / Renter Divide
    38% / 62%
  • Estimated Average Household Size
    2
  • Total Population
    24,764
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 808 S 9th Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/8/2026Source: Hive MLS Added to Database
June 08, 2026