Income producing duplex in New Castle County boasting new heater ('08), replacement windows, central air, new stove and fridge, separate water meters plus new carpet and fresh paint. As a bonus each unit has separate laundry hook ups and storage area in basement; plus 1-car garage. Tenant is responsible for all utilities except trash and sewer. Seller holds DE real estate license. Both units are currently rented.
Sold for $150,000
$150,000
505 Homestead Rd, Wilmington, DE 19805
4beds
2baths
1,575sqft
MultiFamily
Built in 1960
-- sqft lot
$266,800 Zestimate®
$95/sqft
$1,619 Estimated rent
Home value
$266,800
$235,000 - $296,000
$1,619/mo
Zestimate® history
Owner options
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$1,619/mo
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$1,619/mo
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$719/mo
Est. payment
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$719/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced air
Features
- Flooring: Hardwood
- Basement: Partially finished
Interior area
- Total interior livable area: 1,575 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other, Brick
Lot
- Size: 3,049 sqft
Details
- Parcel number: 0704320143
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Wilmington
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $150,000+15.5%$95/sqft |
Source: Public Record Report a problem | ||
| 12/22/2008 | Listing removed | $129,900$82/sqft |
Source: Patterson Schwartz #5407234 Report a problem | ||
| 10/23/2008 | Listed for sale | $129,900+44.3%$82/sqft |
Source: Patterson Schwartz #5407234 Report a problem | ||
| 12/3/2007 | Sold | $90,000+45.2%$57/sqft |
Source: Public Record Report a problem | ||
| 10/31/2002 | Sold | $62,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $234,500 +490.7% |
| 2024 | $1,467 +13.4% | $39,700 |
| 2023 | $1,294 -1.2% | $39,700 |
| 2022 | $1,309 +0% | $39,700 |
| 2021 | $1,309 -0.3% | $39,700 |
| 2020 | $1,314 +0.2% | $39,700 |
| 2019 | $1,312 +3.3% | $39,700 |
| 2017 | $1,270 | $39,700 |
| 2016 | -- | $39,700 |
| 2015 | -- | $39,700 |
| 2014 | $1,136 | $39,700 |
| 2013 | -- | $39,700 |
| 2012 | -- | $39,700 |
| 2011 | -- | $39,700 |
| 2010 | -- | $39,700 |
| 2009 | -- | $39,700 |
| 2008 | -- | $39,700 |
| 2007 | -- | $39,700 |
| 2006 | -- | $39,700 |
| 2005 | -- | $39,700 |
| 2004 | -- | $39,700 |
| 2003 | -- | $39,700 |
| 2002 | -- | $39,700 |
| 2001 | -- | $39,700 |
Find assessor info on the county website
Neighborhood: 19805
Nearby schools
GreatSchools rating
- 3/10Richardson Park Elementary SchoolGrades: K-5Distance: 1.1 mi
- 1/10duPont (Alexis I.) Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10Dickinson (John) High SchoolGrades: 6-12Distance: 5.5 mi
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Estimated market value
$266,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$266,800
- Delaware
- New Castle County
- Wilmington
- 19805
- 505 Homestead Rd
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Nearby neighborhoods
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