Renovated Single-Family
234 N RODNEY STREET Wilmington, DE 19805
For Sale
$180,000
SINGLE_FAMILY - WILMINGTON, DE
Property Size1,375 SF
Price / SF$130.91
Days on Market57
Property Features for 234 N RODNEY STREET
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 1,375 SF
Building Details
- Year built
- 1918
Listing Agency:
BHHS Fox & Roach Greenville Home Marketing Center
(302) 571-8855
Listed By:
Milagros Guzman
(302) 765-8008
Added: May 28
Changed: Jul 23
Last Checked: Jul 23 at 9:06PM
MLS# DENC2103372
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.
This fully renovated single-family home offers 3 bedrooms and 1.5 bathrooms with a bright, modern interior. Updates include brand-new stainless steel appliances (dishwasher, microwave, refrigerator, and stove), quartz countertops, recessed lighting, and luxury vinyl flooring throughout. The main-level convenience is supported by a washer and dryer hookup, and the bathrooms feature contemporary tile finishes.
Outside, the property includes a spacious backyard enclosed by a wood privacy fence. Major system upgrades include a new HVAC system and a sump pump.
The listing is for qualified owner-occupants only, with a five-year minimum occupancy requirement and no investors. The seller will address FHA/VA flagged items and major defects, and the home comes with a 1-year home warranty with HSA.
Outside, the property includes a spacious backyard enclosed by a wood privacy fence. Major system upgrades include a new HVAC system and a sump pump.
The listing is for qualified owner-occupants only, with a five-year minimum occupancy requirement and no investors. The seller will address FHA/VA flagged items and major defects, and the home comes with a 1-year home warranty with HSA.
Key Highlights
- Fully renovated 3‑bedroom, 1.5‑bath home at 234 N. Rodney St., Wilmington, DE 19805
- Brand‑new stainless steel kitchen appliances: dishwasher, microwave, refrigerator, and stove
- Quartz countertops, recessed lighting, and luxury vinyl flooring throughout
Financial Insights For Apartment 5plus
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 | $25.2k | $18.36 |
| − Vacancy | −$1.6k | −$1.14 |
| EGI | $23.7k | $17.22 |
| − OpEx | −$10.7k | −$7.75 |
| NOI | $13.0k | $9.47 |
1,375 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$186.1K
$162.8K – $217.1K
NOI $13,024 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$328.9K
$287.8K – $383.7K
NOI $23,022 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Move-in ready, fully renovated 3-bedroom with 1.5 baths, new HVAC and sump pump, and a fenced backyard.
Where is this single family property located?
The property is located at 234 N RODNEY STREET Wilmington, DE.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Fully renovated 3‑bedroom, 1.5‑bath home at 234 N. Rodney St., Wilmington, DE 19805; Brand‑new stainless steel kitchen appliances: dishwasher, microwave, refrigerator, and stove; Quartz countertops, recessed lighting, and luxury vinyl flooring throughout
