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Residential Income Condo with Balcony
For Sale
$189,900

56-302 WELSH TRACT RD #56-302, Newark, DE 19713

NEWARK, DE

Property SizeContact for details
Days on Market13

Property Features for 56-302 WELSH TRACT RD #56-302

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1
Subdivision VILLA BELMONT
High school GLASGOW
Elementary school district CHRISTINA
Middle school district CHRISTINA
High school district CHRISTINA
Standard status Active

Amenities

balcony
outdoor pool

Building Details

Year built 1969
Listing Agency: Newark
Listed By: Eric M Buck · License #RS-0019195
Added: Aug 21 Changed: Aug 22 Last Checked: Sep 2 at 1:06PM
MLS# DENC2109696

Copyright © 2026 Long & Foster Real Estate. 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 residential income property is a condo in Villa Belmont with 2 bedrooms and 2 full bathrooms. The unit has been freshly painted and includes an outdoor balcony. Built in 1969, it offers a defined residential layout within a community setting.

The monthly fee covers water, sewer, trash, building maintenance, lawn maintenance, snow removal, and use of the outdoor pool. The property is near major routes, the University of Delaware, and Downtown Newark, providing access to established educational, civic, and commercial destinations.

Key Highlights

  • 2‑bedroom, 2‑full‑bath condo in Villa Belmont
  • Freshly painted interior with outdoor balcony
  • Monthly fee includes water, sewer, trash, and building maintenance

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Nail Salon Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby

Demographics for 19713, DE

31,867
Population
12,803
Households
2.5
Avg Household Size
38
Median Age
30%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
2,451
Density / Sq Mi
$72,850
Median Household Income
$42,557
Median Earnings
$1,293
Median Rent
$267,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Fresh paint, two full bathrooms, and access to an outdoor pool support comfortable condo living.
Where is this residential income property located?
The property is located at 56-302 WELSH TRACT RD #56-302 Newark, DE.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 2‑bedroom, 2‑full‑bath condo in Villa Belmont; Freshly painted interior with outdoor balcony; Monthly fee includes water, sewer, trash, and building maintenance
More about this property
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