This is a rare investment opportunity to acquire a well-maintained duplex at 315-317 Central Ave in Wilmington, DE, offering both immediate rental income and significant potential future income. With two 3-bedroom, 2-bathroom units, this property is perfectly designed for long-term investment, providing the ideal setup for renters or owners looking for spacious living. Unit 315 has been completely renovated and is move-in ready, featuring modern updates throughout, including all new appliances. This unit is currently vacant, making it an excellent opportunity for an owner-occupant or to attract new tenants right away. Unit 317 is currently occupied by a tenant under a lease that runs through June 2025, paying $1,440/month with the potential to increase up to $1,800/month once the lease allows, offering substantial potential future income. The property is strategically located in a desirable area of Wilmington, with easy access to local amenities, shopping, dining, and public transportation. The combination of a renovated, vacant unit and an occupied unit with an established tenant makes this duplex an exceptional and rare investment opportunity. Whether you're looking to add to your portfolio or explore a property that provides both immediate and long-term rental income, this is a prime opportunity. Don’t miss your chance to own this income-producing duplex in a growing market. Schedule a showing today and seize this rare opportunity.
Sold for $425,000 on 08/20/25
$425,000
315 Central Ave, Wilmington, DE 19805
6beds
--baths
2,675sqft
Duplex
Built in 1930
-- sqft lot
$-- Zestimate®
$159/sqft
$1,723 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 20, 2025 at 08:55am
Listed by:
Rakan Abu-Zahra 302-245-7668,
Keller Williams Realty Wilmington,
Listing Team: First State Home Team, Co-Listing Agent: Mark Anthony Noel 302-761-0116,
Keller Williams Realty Wilmington
Bought with:
Kelly Diaz, RS0036820
Keller Williams Realty Wilmington
Source: Bright MLS,MLS#: DENC2079084

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Other
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,675
- Total interior livable area: 2,675 sqft
Property
Parking
- Parking features: Asphalt, Other
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 9,147 sqft
- Dimensions: 75.00 x 120.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 07038.30107
- Zoning: NC5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Frame
- Foundation: Other
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wilmington
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership: Fee Simple