Renovated 3-Bedroom Twin
WILMINGTON, DE 19802 Wilmington, DE 19802
Wilmington, DE, 19802
$318,500
For Sale
$318,500
SINGLE_FAMILY - WILMINGTON, DE
Property Size1,175 SF
Price / SF$271.06
Days on Market28
Property Features
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 1,175 SF
Building Details
- Year built
- 1929
Listing Agency
BHHS Fox & Roach Greenville Home Marketing Center
(302) 571-8855
DE
Listed by
Lindsay Burns
(302) 379-1396
Added: Jun 22 Checked: Jul 19 at 3:06 am
MLS# DENC2105694
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 maintained 3-story brick twin home in Wilmington. The residence features three bedrooms and 1.5 baths, with a finished interior that includes a spacious living room, an eat-in kitchen, and a convenient half bath on the main level. A versatile bonus space off the kitchen is set up for laundry, with additional options to use as pantry or storage. Upstairs, three well-proportioned bedrooms share a full hall bath, along with a flexible closet area or bonus room accessible off the third bedroom.
The home includes an expansive unfinished basement for storage or future customization. Central air conditioning is in place, and the owner has purchased two additional mini-splits intended for rooms off the half bathroom and the room off the one bedroom (bonus room/large closet), with remotes included. The property was renovated prior to the seller moving in, with brand-new appliances and upgrades. Video surveillance is outside of the home, measurements are estimates, and the property is being sold AS IS.
The home includes an expansive unfinished basement for storage or future customization. Central air conditioning is in place, and the owner has purchased two additional mini-splits intended for rooms off the half bathroom and the room off the one bedroom (bonus room/large closet), with remotes included. The property was renovated prior to the seller moving in, with brand-new appliances and upgrades. Video surveillance is outside of the home, measurements are estimates, and the property is being sold AS IS.
Key Highlights
- 1929 brick twin home with 3 bedrooms, 1.5 baths, and 1,175 sq ft of finished living space
- Central air conditioning plus owner‑purchased mini splits with remotes included
- Main level includes a 19x11 living room, 18x11 eat‑in kitchen, and a half bath
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 | $19.0k | $16.20 |
| − Vacancy | −$1.2k | −$1.05 |
| EGI | $17.8k | $15.15 |
| − OpEx | −$5.3k | −$4.54 |
| NOI | $12.5k | $10.60 |
1,175 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$178.0K
$155.7K – $207.6K
NOI $12,458 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$159.0K
$139.1K – $185.5K
NOI $11,130 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$281.0K
$245.9K – $327.9K
NOI $19,673 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated 3-story brick twin home with 3 bedrooms, 1.5 baths, and central air, plus an unfinished basement.
Where is this duplex located?
The property is located at Wilmington, DE.
What is the asking price?
The asking price for this property is $318,500.
What are key features of this property?
This property features: 1929 brick twin home with 3 bedrooms, 1.5 baths, and 1,175 sq ft of finished living space; Central air conditioning plus owner‑purchased mini splits with remotes included; Main level includes a 19x11 living room, 18x11 eat‑in kitchen, and a half bath
