Two-Unit Duplex with Two
912 MCCABE Avenue Wilmington, DE 19802
912 MCCABE Avenue, Wilmington, DE, 19802
$425,000
For Sale
$425,000
MULTI_FAMILY - Colonial - WILMINGTON, DE
Property Size2,100 SF
Lot Size0.12 Acres
Price / SF$202.38
Days on Market13
Property Features for 912 MCCABE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4901
Utilities
- Heating system
- Hot Water(Heating), Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1948
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agency
Coldwell Banker Realty
(302) 234-1888
Listed by
Jacob W. Lipton · License #RA-0031072
(302) 275-4397
Added: Jul 10 Updated: Jul 13 at 11:35AM Checked: Jul 22 at 8:06PM
MLS# DENC2105674
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two separate two-bedroom units, with a renovated first-floor residence and an upstairs unit described as being in great condition with a long-term tenant. The first-floor unit includes remodeled bathroom finishes with tile flooring and a tiled shower, along with new LVP flooring throughout. The kitchen features white shaker cabinets, quartz countertops, a tiled backsplash, and new stainless-steel appliances, plus a large breakfast bar.
The property includes outdoor space in the rear. The basement provides separate systems, ample storage, and an exterior-door setup that allows access for both units.
Located on a corner across from Salesianum school, the property presents a practical duplex configuration for an owner-occupant or investor.
The property includes outdoor space in the rear. The basement provides separate systems, ample storage, and an exterior-door setup that allows access for both units.
Located on a corner across from Salesianum school, the property presents a practical duplex configuration for an owner-occupant or investor.
Key Highlights
- Duplex with two 2‑bedroom units, built in 1948, in a Colonial style with brick construction
- Corner location directly across from Salesianum school
- Renovated 1st‑floor unit includes new LVP flooring, new kitchen with stainless appliances and large breakfast bar
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.0k | $16.20 |
| − Vacancy | −$2.2k | −$1.05 |
| EGI | $31.8k | $15.15 |
| − OpEx | −$9.5k | −$4.54 |
| NOI | $22.3k | $10.60 |
2,100 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$318.1K
$278.3K – $371.1K
NOI $22,266 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$284.2K
$248.6K – $331.5K
NOI $19,891 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$502.3K
$439.5K – $586.0K
NOI $35,161 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two two-bedroom units, including a renovated first-floor layout and an upstairs unit with a long-term tenant.
Where is this duplex located?
The property is located at 912 MCCABE Avenue Wilmington, DE.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom units, built in 1948, in a Colonial style with brick construction; Corner location directly across from Salesianum school; Renovated 1st‑floor unit includes new LVP flooring, new kitchen with stainless appliances and large breakfast bar
