All-Brick Twin
WILMINGTON, DE 19805 Wilmington, DE 19805
New
Wilmington, DE, 19805
$314,900
For Sale
$314,900
SINGLE_FAMILY - WILMINGTON, DE
Property Size1,250 SF
Price / SF$251.92
Days on Market6
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
- 1,250 SF
Building Details
- Year built
- 1941
Listing Agency
BHHS Fox & Roach Hockessin-Pike Creek Home Marketing
(302) 999-9999
DE
Listed by
Michael Dunning · License #R1-0003069
(302) 563-1567
Added: Jul 15 Checked: Jul 20 at 10:06 am
MLS# DENC2107066
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.
This all-brick twin home offers three bedrooms and 1.5 baths. Inside, the living room features newly refinished hardwood floors and freshly painted walls. The open kitchen includes new cabinets and a large center island. Upstairs, the second level provides three bedrooms and a full bath.
The basement includes an attached garage, a powder room, and a recreation room suited for hobby or exercise equipment. A rear alley provides off-street parking access, along with a driveway leading to the garage.
Located about a block from a nearby park that is currently being renovated to add upgraded parking, a dog park, and an expanded playground.
The basement includes an attached garage, a powder room, and a recreation room suited for hobby or exercise equipment. A rear alley provides off-street parking access, along with a driveway leading to the garage.
Located about a block from a nearby park that is currently being renovated to add upgraded parking, a dog park, and an expanded playground.
Key Highlights
- All‑brick twin home built in 1941 with 3 bedrooms and 1.5 bathrooms
- New walkway and steps leading to the front porch
- Living room with newly refinished hardwood floors and freshly painted walls
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 | $20.3k | $16.20 |
| − Vacancy | −$1.3k | −$1.05 |
| EGI | $18.9k | $15.15 |
| − OpEx | −$5.7k | −$4.54 |
| NOI | $13.3k | $10.60 |
1,250 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$189.3K
$165.7K – $220.9K
NOI $13,254 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$169.1K
$148.0K – $197.3K
NOI $11,840 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$299.0K
$261.6K – $348.8K
NOI $20,929 @ 7.0% cap · market cap 6.65%
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 - 3-bedroom twin home with an attached garage, basement recreation room, and off-street parking via rear driveway.
Where is this duplex located?
The property is located at Wilmington, DE.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: All‑brick twin home built in 1941 with 3 bedrooms and 1.5 bathrooms; New walkway and steps leading to the front porch; Living room with newly refinished hardwood floors and freshly painted walls
