109 STROUD STREETWILMINGTON, DE 19805

Townhouse · 4,701 Sq. ft. | 0.09 Acres
$450,000 ACTIVE

109 STROUD STREET Overview

Time on Site:
69 days
Visits:
12

Prime redevelopment opportunity in a growing Wilmington corridor. This 4,701 square foot commercial building, originally constructed in 1960, offers significant upside for investors and developers seeking a value-add project. The property requires substantial renovation but presents a strong foundation for repositioning. Zoning and layout may support a residential conversion of 10+ units, with the potential for a higher unit count depending on design and approvals (buyer to verify; variance likely required). The site offers flexibility for those looking to explore ways to maximize density and overall value. Ideal for experienced investors looking to capitalize on Wilmington's rental demand and redevelopment trends. Property is being sold strictly as-is. Bring your vision and unlock the full potential of this sizable asset.

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109 STROUD STREET Facts & Features

  • Type Townhouse
  • Sq. ft. 4,701
  • Price/Sq.ft. $96
  • Lot 0.09 Acres

Details

General

Association/HOA

  • Association: No
  • Condo/Coop Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 4701
  • Year Built: 1960

Location/Region

  • Country: US
  • County: NEW CASTLE
  • County Or Parish: NEW CASTLE
  • In City Limits: Yes
  • MLS Area Major: Wilmington (30906)
  • Subdivision Name: WILM

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Tax Information

  • City/Town Tax: 2565.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 296.00
  • County Tax Payment Frequency: Annually
  • School Tax: 5778.00
  • Tax Annual Amount: $8,639.00
  • Tax Assessed Value: 685600.00
  • Tax Year: 2025

General Information

  • Property Type: Residential
  • School District Name: CHRISTINA
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: 26R-3

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: None

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Full Main Level: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0

Building Exterior/Construction

  • Structure Type: End of Row/Townhouse

Building Interior

  • Above Grade Finished Area: 4701
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: None
  • Foundation Details: Block
  • Levels: 2
  • Living Area: 4701
  • Living Area Source: Estimated
  • Main Level Bedrooms: 0

Exterior

Lot Information

  • Lot Dimensions Source: Estimated
  • Lot Size Dimensions: 61 x 61
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 3920.40
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Colonial
  • Construction Materials: Brick

General Information

  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

109 STROUD STREET Neighborhood

Community

19805 (WILMINGTON) Demographics

35
Median Age
7,153
Population Density (per sq. mile)
27%
College Educated
$47,300
Estimated Median Income
8,107
Estimated Total Home Owners
7,036
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

109 STROUD STREET Monthly Cost

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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.

109 STROUD STREET Market Data

Based on the last 30 days in this zip code

$270,077
Average List Price
$176
Average Price per Square Foot
26
Properties Sold
61
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

109 STROUD STREET History

Date Event Value Agent
4/22/2026Source: BRIGHT MLS Added to Database
April 22, 2026
4/22/2026Source: BRIGHT MLS Added to Database
April 22, 2026
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2021
Listing provided courtesy of Compass- MLS# DENC2101174MLS ProviderContact Information: [email protected] - 3022029855