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Duplex With Approved Plans
For Sale
$199,999
Pending

727 Bennett Street, Wilmington, DE 19801

Two-unit residential property requiring renovation, with accepted blueprints and an approved zoning variance.

Property Size2,500 SF
Days on Market132

Property Features for 727 Bennett Street

General Information

Standard status Pending
Size 2,500 SF
Property subtype Multi-Family / Fee Simple
Zoning 26R-3

Property Condition

Severity Repairs Needed
Evidence both in need of renovation

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,043

Amenities

No
Doors - Swing In
No Pool
Above Grade, Below Grade

Building Details

Year Built 1938
Listing Agency: Crown Homes Real Estate
Listed By: George Anthony Pizarro · License #0037000
Source: Compass
Added: Apr 22 Changed: Aug 30 Last Checked: Aug 31 at 1:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crown Homes Real Estate

Investment Insights

Based on property information with market context.

Built in 1938, this 2,500-square-foot duplex contains two residential units with three bedrooms per unit, providing six bedrooms in total. Both units require renovation and are being offered in as-is condition. The property is zoned 26R-3 and includes above-grade and below-grade areas.

An approved variance from the City of Wilmington and completed, accepted blueprints are in place for the property. The duplex is within Wilmington city limits in New Castle County, with access to major routes, shopping, and city amenities. Its existing two-unit configuration and documented project approvals provide a defined framework for renovation planning.

Key Highlights

  • Two‑unit duplex with three bedrooms in each unit
  • 2,500 square feet on a property built in 1938
  • Both units require renovation and are offered as‑is

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Bakery Storage Facility (Bike/Boat/Book/etc) Store Veterinary Clinic Catering 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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,655
Businesses Nearby

Demographics for 19801, DE

16,219
Population
9,390
Households
1.7
Avg Household Size
34
Median Age
26%
College-Educated
85%
High-School Grad
4.4 sq mi
ZIP Area
3,686
Density / Sq Mi
$44,505
Median Household Income
$36,684
Median Earnings
$1,126
Median Rent
$196,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property requiring renovation, with accepted blueprints and an approved zoning variance.
Where is this duplex located?
The property is located at 727 Bennett Street Wilmington, DE.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Two‑unit duplex with three bedrooms in each unit; 2,500 square feet on a property built in 1938; Both units require renovation and are offered as‑is
More about this property
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