912 MCCABE Avenue Wilmington, DE 19802
MULTI_FAMILY - Colonial - WILMINGTON, DE
- Added:
- Jul 10, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 10 at 10:06 am
Property Features for 912 MCCABE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4901
Utilities
- Heating system
- Baseboard, Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1948
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Jacob W. Lipton License #RA-0031072 (302) 275-4397
Listing office Coldwell Banker Realty 4420 Limestone Road, Plymouth Meeting, DE (302) 234-1888
Listing date Jul 10, 2026
Copyright © 2026 Bright MLS. 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.
The property includes outdoor space in the rear. The basement provides separate systems, ample storage, and an exterior-door setup that allows access for both units.
Located on a corner across from Salesianum school, the property presents a practical duplex configuration for an owner-occupant or investor.
Key Highlights
- Duplex with two 2‑bedroom units, built in 1948, in a Colonial style with brick construction
- Corner location directly across from Salesianum school
- Renovated 1st‑floor unit includes new LVP flooring, new kitchen with stainless appliances and large breakfast bar
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 | $34.0k | $16.20 |
| − Vacancy | −$2.2k | −$1.05 |
| EGI | $31.8k | $15.15 |
| − OpEx | −$9.5k | −$4.54 |
| NOI | $22.3k | $10.60 |