Updated Victorian Twin
617 N VAN BUREN STREET Wilmington, DE 19805
For Sale
$330,000
SINGLE_FAMILY - WILMINGTON, DE
Property Size2,050 SF
Price / SF$160.98
Days on Market24
Property Features for 617 N VAN BUREN STREET
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
- Standard status
- Active
- Size
- 2,050 SF
Building Details
- Year built
- 1900
Listing Agency:
BHHS Fox & Roach Hockessin-Pike Creek Home Marketing
(302) 999-9999
Listed By:
Delisia Inge
(302) 379-6723
Added: Jul 1
Changed: Jul 24
Last Checked: Jul 24 at 3:06AM
MLS# DENC2106358
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.
Welcome to a beautifully updated Victorian twin offering four bedrooms and 2.5 bathrooms across three stories. The main level features a sun-drenched living room with 9-foot ceilings and large windows, along with brand-new luxury vinyl plank flooring that continues through the dining room and into the updated kitchen. The kitchen includes soft-close cabinetry, a subway tile backsplash, and stainless steel appliances. A convenient laundry room and an updated powder room complete the first floor.
The second floor provides three generously sized bedrooms and a full bath. The entire third floor is dedicated to a private owner’s suite with a fully updated en-suite bath, walk-in closet, and additional storage.
Located in Wilmington’s Cool Spring-Tilton Park area, the home is minutes from I-95, Downtown Wilmington, the Riverfront, and Trolley Square dining and entertainment, with easy access to public transit and major employment corridors.
The second floor provides three generously sized bedrooms and a full bath. The entire third floor is dedicated to a private owner’s suite with a fully updated en-suite bath, walk-in closet, and additional storage.
Located in Wilmington’s Cool Spring-Tilton Park area, the home is minutes from I-95, Downtown Wilmington, the Riverfront, and Trolley Square dining and entertainment, with easy access to public transit and major employment corridors.
Key Highlights
- Updated 4‑bedroom, 2.5‑bath Victorian twin built in 1900
- Over 2,000 sq ft across three stories with 9‑foot ceilings and large windows
- Main level features brand‑new luxury vinyl plank flooring, dining room, and updated kitchen with soft‑close cabinetry and stainless steel appliances
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 | $33.2k | $16.20 |
| − Vacancy | −$2.2k | −$1.05 |
| EGI | $31.1k | $15.15 |
| − OpEx | −$9.3k | −$4.54 |
| NOI | $21.7k | $10.60 |
2,050 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.5K
$271.7K – $362.3K
NOI $21,736 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$277.4K
$242.7K – $323.6K
NOI $19,417 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$490.3K
$429.1K – $572.1K
NOI $34,324 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Move-in-ready 4-bedroom, 2.5-bath, three-story home with updated kitchen and luxury vinyl plank flooring.
Where is this duplex located?
The property is located at 617 N VAN BUREN STREET Wilmington, DE.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Updated 4‑bedroom, 2.5‑bath Victorian twin built in 1900; Over 2,000 sq ft across three stories with 9‑foot ceilings and large windows; Main level features brand‑new luxury vinyl plank flooring, dining room, and updated kitchen with soft‑close cabinetry and stainless steel appliances
