109 Stroud St, Wilmington, DE, 19805
About This Home
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.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Foundation: Block
- Construction materials: Brick
Type & Style
- Home type: Townhouse
- Architectural style: Colonial
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Partial
Features
- Finished area below ground: 0
- Finished area above ground: 4,701
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 4,701
- Total interior livable area: 4,701 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 26042.30237
- Zoning: 26R-3
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 3,920 sqft
- Lot size dimensions: 61 x 61
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Winter Weather
- Coastal Flooding
- Cold Wave
- Earthquake
- Hurricane
- Ice Storm
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Delaware Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,275 | $27,300 |
| Home Insurance * | $158 | $1,896 |
| Property Taxes | $270 | $3,240 |
| Electricity | $519 | $6,238 |
| Total | $3,222 | $38,664 |
Income You'd Need if You Spent...
Delaware FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Listed for sale | $450,000 |
| 2021-09-13 | Sold | $71,000 |
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