Sold for $255,000 on 08/22/25
$255,000
612 Homestead Rd, Wilmington, DE 19805
4beds
--baths
1,575sqft
Townhouse
Built in 1965
-- sqft lot
$262,000 Zestimate®
$162/sqft
$1,841 Estimated rent
Home value
$262,000
$236,000 - $291,000
$1,841/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Turnkey Duplex – Cash Flow from Day One! Welcome to 612 Homestead Road, a rare and desirable multi-family investment opportunity featuring two well-maintained 2-bedroom, 1-bath units, both currently occupied with stable tenants. This property offers a solid foundation of monthly income with room for growth. There’s opportunity to increase cash flow over time, making this a smart buy-and-hold investment. Recent updates include high-efficiency HVAC systems and water heaters, with one unit just replaced keeping long-term maintenance costs down. The lower level offers an excellent opportunity to install coin-operated laundry machines, creating an additional income stream and increasing your return on investment. Whether you’re an experienced investor or just entering the market, this property checks all the boxes: strong rental income, low maintenance, and upside potential. Opportunities like this don’t come up often so schedule your private tour today and start building wealth with 612 Homestead Road.
Zillow last checked: 8 hours ago
Listing updated: August 22, 2025 at 06:07am
Listed by:
Hovik Nazarian 302-740-0111,
Long & Foster Real Estate, Inc.
Bought with:
Dakota Williams, R3-0014474
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: DENC2085560
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,575
- Total interior livable area: 1,575 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Faces Rear, Inside Entrance, Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,049 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 07043.20073
- Zoning: NC5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Alban Park
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $255,000+2%$162/sqft |
Source: | ||
| 7/17/2025 | Pending sale | $249,900$159/sqft |
Source: | ||
| 7/11/2025 | Listed for sale | $249,900+72.3%$159/sqft |
Source: | ||
| 10/8/2021 | Sold | $145,000-6.4%$92/sqft |
Source: | ||
| 9/30/2021 | Pending sale | $154,900$98/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $262,400 +518.9% |
| 2024 | $1,567 +13.4% | $42,400 |
| 2023 | $1,382 +0% | $42,400 |
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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