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2122 N Pine St 3 Unit Apartment Building $399,999 ($133,333/Unit) Wilmington, DE 19802

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Investment Highlights

New Construction
Sprinkler System

Washer and Dryer outlets in each apartment. Central heat and air, stainless steel appliance including a dish washer

Executive Summary

New Construction Triplex apartment complex. Just opened in October 2025. Sprinkler system and central air and heat. in suite bathrooms in the master bedrooms. Great for your rental portfolio or it could be your new primary home with two other tenants to pay your mortgage.

Financial Summary (Actual - 2025)	Annual	Annual Per SF
Gross Rental Income	$4,900	$1.63
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$4,900	$1.63
Net Operating Income	-	-

Financial Summary (Actual - 2025)

Gross Rental Income
Annual	$4,900
Annual Per SF	$1.63

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$4,900
Annual Per SF	$1.63

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Price	$399,999	Building Class	C
Price Per Unit	$133,333	Lot Size	0.04 AC
Sale Type	Investment	Building Size	3,000 SF
Sale Condition	REO Sale	Average Occupancy	100%
No. Units	3	No. Stories	3
Property Type	Multifamily	Year Built	2025
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Multifamily Dormitory	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	26R-3

Price	$399,999
Price Per Unit	$133,333
Sale Type	Investment
Sale Condition	REO Sale
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.04 AC
Building Size	3,000 SF
Average Occupancy	100%
No. Stories	3
Year Built	2025
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	26R-3

Smoke Detector

Unit Amenities

Air Conditioning
Dishwasher
Disposal
Microwave
Washer/Dryer Hookup
Heating

Eat-in Kitchen
Kitchen
High Speed Internet Access
Ice Maker
Refrigerator
Sprinkler System

Stainless Steel Appliances
Range
Tub/Shower
Walk-In Closets
Wi-Fi

Dining Room
Smoke Free
Vinyl Flooring
Large Bedrooms
Quartz Countertops

Site Amenities

24 Hour Access
Controlled Access

Smoke Free
Trash Pickup - Curbside

Private Bathroom
Walk-Up

Smoke Detector

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
2+2	3	$1,700	900

1 1

Moderately walkable

70/100

Moderately drivable

60/100

Some public transit

40/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	26-029.20-309	Improvements Assessment	$40,000
Land Assessment	$129,000	Total Assessment	$169,000

Property Taxes

Parcel Number

26-029.20-309

Land Assessment

$129,000

Improvements Assessment

$40,000

Total Assessment

$169,000

(302) 312-4569

Contact

Dwayne Bull
Core Property Management LLC

Listing ID: 41137872
Date on Market: 7/2/2026
Last Updated:
Address: 2122 N Pine St, Wilmington, DE 19802

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Photos

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Map

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 1 of 26 — 2nd Floor Kitchen area

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 2 of 26 — 1st Floor Kitchen

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 3 of 26 — 1st floor kitchen appliances

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 4 of 26 — 2nd floor Kitchen sink

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 5 of 26 — 1st floor Kitchen area

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 6 of 26 — Master Bathroom

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 7 of 26 — 2nd Floor Master bathroom

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 8 of 26 — 1 Floor Master Bedroom 9ft ceilings

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 9 of 26 — 1st Floor in-suite bathroom

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 10 of 26 — Third Floor 2nd bedroom

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 11 of 26 — 2nd full Bathroom

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 12 of 26 — 3rd floor 2nd Bathroom

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 13 of 26 — stainless steel refrigerator

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 14 of 26 — third floor kitchen area

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 15 of 26 — Third floor kitchen sink

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 16 of 26 — 2nd floor master bedroom

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 17 of 26 — 2nd floor master bedroom

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 18 of 26 — Third Floor front door

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 19 of 26 — Led Ceiling fans every floor

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 20 of 26 — 3rd floor bedroon

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 21 of 26 — 3rd kitchen area 42in cabinets

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 22 of 26 — 2nd floor kitchen area

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 23 of 26 — Building Photo

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 24 of 26 — Building Photo

2122 N Pine St, Wilmington, DE for sale Building Photo- Image 25 of 26 — 3 story New construction

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2122 N Pine St

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