Updated Single-Family Home with
WILMINGTON, DE 19805 Wilmington, DE 19805
Wilmington, DE, 19805
$625,000
Pending
For Sale
$625,000
Pending
SINGLE_FAMILY - WILMINGTON, DE
Property Size2,025 SF
Days on Market67
Property Features
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1
- Standard status
- Pending
- Size
- 2,025 SF
Building Details
- Year built
- 1920
Listing Agency
BHHS Fox & Roach Greenville Home Marketing Center
(302) 571-8855
DE
Listed by
Julie Allport
(302) 507-7440
Added: May 12 Checked: Jul 17 at 7:06 pm
MLS# DENC2102834
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.
2311 MacDonough Road is an updated single-family home in Wawaset Park, a historic neighborhood in Wilmington. Inside, the home features hardwood floors, a gas fireplace with built-ins, replacement windows, plantation shutters, recessed lighting, and a barn door opening to a light-filled sunroom with custom built-ins and a wall of windows. The open layout connects the living and dining areas to an updated kitchen with white cabinetry, granite countertops, glass tile backsplash, and stainless steel appliances, with access to a powder room and mudroom. The second floor offers two bedrooms and an updated bathroom; one bedroom is currently used as an office with custom built-ins and access to a Juliet balcony. The third-floor bedroom functions as a private primary retreat with an en suite modern bathroom.
The property also includes a landscaped rear yard with a large slate patio, intimate seating areas, stone pathways, lush landscaping, flowering shrubs, and specimen trees. A two-car garage provides parking and storage. Additional updates noted in the available documents include a new roof installed this year with a transferable warranty.
The property also includes a landscaped rear yard with a large slate patio, intimate seating areas, stone pathways, lush landscaping, flowering shrubs, and specimen trees. A two-car garage provides parking and storage. Additional updates noted in the available documents include a new roof installed this year with a transferable warranty.
Key Highlights
- 1920‑built home with hardwood floors throughout, gas fireplace with built‑ins, replacement windows, and recessed lighting
- Updated kitchen with white cabinetry, granite countertops, glass tile backsplash, and stainless steel appliances
- Sunroom with custom built‑ins and a wall of windows; open flow from living to dining to kitchen
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 | $32.8k | $16.20 |
| − Vacancy | −$2.1k | −$1.05 |
| EGI | $30.7k | $15.15 |
| − OpEx | −$9.2k | −$4.54 |
| NOI | $21.5k | $10.60 |
2,025 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$306.7K
$268.4K – $357.9K
NOI $21,471 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$274.0K
$239.8K – $319.7K
NOI $19,181 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$484.4K
$423.8K – $565.1K
NOI $33,905 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated interior with hardwood floors, gas fireplace, sunroom, and an updated kitchen, plus a slate-patio backyard.
Where is this duplex located?
The property is located at Wilmington, DE.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1920‑built home with hardwood floors throughout, gas fireplace with built‑ins, replacement windows, and recessed lighting; Updated kitchen with white cabinetry, granite countertops, glass tile backsplash, and stainless steel appliances; Sunroom with custom built‑ins and a wall of windows; open flow from living to dining to kitchen
