Investor Alert! This well maintained and profitable duplex is now on the market. This building offers 2, two bedroom apartments, a basement, two garages, and washer/dryer hook ups. Unit A, has a month to month tenant in place. Unit B, has a long term tenant in place. This property has great cash flow to add to your portfolio. Tenants pay water, sewer, electric, and gas. Owner pays trash.
Sold for $229,000
$229,000
601 Homestead Rd, Wilmington, DE 19805
4beds
2baths
2,175sqft
Townhouse
Built in 1960
-- sqft lot
$291,800 Zestimate®
$105/sqft
$1,942 Estimated rent
Home value
$291,800
$260,000 - $327,000
$1,942/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 29, 2023 at 04:03pm
Listed by:
Heather Sinclair 302-983-6553,
EXP Realty, LLC
Bought with:
Barry Godfrey, R1-0002457
Home Finders Real Estate Company
Source: Bright MLS,MLS#: DENC2050352
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Radiant, Natural Gas
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Flooring: Wood, Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,175
- Total interior livable area: 2,175 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear, Attached, Off Street, On Street
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Sidewalks, Street Lights
- Pool features: None
Lot
- Size: 8,712 sqft
- Dimensions: 33.10 x 151.30
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 07043.20107
- Zoning: NC5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
- Roof: Flat
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Fuses
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Alban Park
HOA & financial
Other financial information
- Total actual rent: 30600
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Sold | $229,000$105/sqft |
Source:  Bright MLS #DENC2050352 Report a problem | ||
| 11/16/2023 | Contingent | $229,000$105/sqft |
Source: Bright MLS #DENC2050352 Report a problem | ||
| 10/4/2023 | Listed for sale | $229,000+1.8%$105/sqft |
Source: Bright MLS #DENC2050352 Report a problem | ||
| 8/30/2022 | Sold | $225,000+336.9%$103/sqft |
Source: Public Record Report a problem | ||
| 12/19/2012 | Sold | $51,500-26.3%$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $293,600 +558.3% |
| 2024 | $1,648 +13.4% | $44,600 |
| 2023 | $1,454 -1.2% | $44,600 |
Find assessor info on the county website
Neighborhood: 19805
Nearby schools
GreatSchools rating
- 3/10Richardson Park Elementary SchoolGrades: K-5Distance: 1 mi
- 1/10duPont (Alexis I.) Middle SchoolGrades: 6-8Distance: 2.8 mi
- 3/10Dickinson (John) High SchoolGrades: 6-12Distance: 5.3 mi
Schools provided by the listing agent
- District: Red Clay Consolidated
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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