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Updated Single-Family Home with Patio

WILMINGTON, DE 19806 Wilmington, DE 19806

Wilmington, DE, 19806
$657,000
For Sale
$657,000

SINGLE_FAMILY - WILMINGTON, DE

Property Size2,100 SF
Price / SF$312.86
Days on Market16

Property Features

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4
Standard status
Active
Size
2,100 SF

Building Details

Year built
1917
Listing Agency BHHS Fox & Roach Greenville Home Marketing Center
DE
Listed by Sharon Satterfield · License #RS-0012683
Added: Jul 3 Checked: Jul 18 at 2:06 pm
MLS# DENC2105122

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 updated single-family home offers 4 bedrooms and 2 renovated full baths, with hardwood floors, quality replacement windows and exterior doors, and interior details including lead glass accents. The kitchen features premium custom wood cabinetry, stainless appliances, a commercial-grade stove, pot filler, and stone counters, with oversized sinks and disposals. Living spaces include a living room with custom cabinetry and a fireplace, plus a formal dining room.

Additional convenience is supported by a back staircase and French door entry to a fenced patio. The patio includes a side entrance to the one-car garage. The second floor includes 3 of the 4 bedrooms, a renovated hall bath, and a renovated bath off the primary suite, while the third floor provides a flexible 4th bedroom and a small office.

The owners have made a series of infrastructure improvements, including roof maintenance with a newer roof coating on the flat roof, replaced windows with a transferrable warranty, basement waterproofing that resulted in a dry basement, efficient gas heat and central air conditioning, and a replaced sewer line to the street. The home is set in the Highlands, a walkable residential enclave surrounded by public green spaces and area parks with trails and amenities.

Key Highlights

  • 1917 home with 4 bedrooms, hardwood floors, and quality replacement windows and exterior doors
  • Two fully renovated full baths, including a renovated bath off the primary suite and a new hall bath
  • Updated kitchen with custom wood cabinetry, stainless appliances, commercial‑grade stove, pot filler, stone counters, and disposals at both sinks

Local Financial Insights For Apartment 5plus

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 $38.6k $18.36
− Vacancy −$2.4k −$1.14
EGI $36.2k $17.22
− OpEx −$16.3k −$7.75
NOI $19.9k $9.47
2,100 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$284.2K
$248.6K – $331.5K (±1% cap)
NOI $19,891 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$502.3K
$439.5K – $586.0K (±1% cap)
NOI $35,161 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

FAQs

What type of property is this?
Single family property - Updated 4-bedroom home with renovated baths, hardwood floors, and a fenced patio with one-car garage access.
Where is this single family property located?
The property is located at Wilmington, DE.
What is the asking price?
The asking price for this property is $657,000.
What are key features of this property?
This property features: 1917 home with 4 bedrooms, hardwood floors, and quality replacement windows and exterior doors; Two fully renovated full baths, including a renovated bath off the primary suite and a new hall bath; Updated kitchen with custom wood cabinetry, stainless appliances, commercial‑grade stove, pot filler, stone counters, and disposals at both sinks
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