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Updated Victorian Twin Home

WILMINGTON, DE 19805 Wilmington, DE 19805

Wilmington, DE, 19805
$340,000
For Sale
$340,000

SINGLE_FAMILY - WILMINGTON, DE

Property Size2,050 SF
Price / SF$165.85
Days on Market19

Property Features

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2
Standard status
Active
Size
2,050 SF

Building Details

Year built
1900
Listing Agency BHHS Fox & Roach Hockessin-Pike Creek Home Marketing
DE
Listed by Delisia Inge
Added: Jul 1 Checked: Jul 19 at 8:06 am
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 this beautifully updated 4-bedroom, 2.5-bath Victorian twin with three stories of living space. The home features a sun-drenched living room with large windows and 9-foot ceilings, along with brand-new luxury vinyl plank flooring on the main level. The updated 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.

Upstairs, the second floor offers three generously sized bedrooms and a full bath. The entire third floor is dedicated to a private owner’s suite, including a fully updated en-suite bath, walk-in closet, and additional storage.

Located in Wilmington with easy access to I-95, Downtown Wilmington, the Riverfront, and Trolley Square dining and entertainment. Public transit access and major employment corridors are also nearby.

Key Highlights

  • Updated Victorian twin with 4 bedrooms and 2.5 baths, 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 an updated kitchen with soft‑close cabinetry, subway tile backsplash, and stainless steel appliances

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 $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 (±1% cap)
NOI $21,736 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$277.4K
$242.7K – $323.6K (±1% cap)
NOI $19,417 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$490.3K
$429.1K – $572.1K (±1% cap)
NOI $34,324 @ 7.0% cap · market cap 10.10%
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 three-story twin with 4 bedrooms, 2.5 baths, updated kitchen, and a dedicated third-floor owner suite.
Where is this duplex located?
The property is located at Wilmington, DE.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Updated Victorian twin with 4 bedrooms and 2.5 baths, 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 an updated kitchen with soft‑close cabinetry, subway tile backsplash, and stainless steel appliances
Contact an agent
More about this property
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