Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Ceiling Fan(s)

  • Total Bedrooms

    2

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1600.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(square feet)

    1,275

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $228,009

  • Tax Amount

    $2,991

  • Financing Options

    Cash, Conventional, FHA, Private, VA

  • Sq. Footage

    1,600

  • Price/SqFt

    $142

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Permanent

  • Sewer

    Public Sewer

  • Tax Lot

    354

  • Water Source

    Public

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Location

County

NEW CASTLE

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Listing Courtesy of Brenda Cepeda Josephs , Advanced Realty Solutions

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Income-producing duplex located in the City of Wilmington featuring two 1-bedroom units. This property offers a great opportunity for an owner-occupant to live in one unit while generating rental income from the other, or for an investor looking to expand their portfolio.

Inquire about special financing programs available!

516 E 11TH STREET

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Related Properties

Come see this Well-Maintained Duplex with Excellent Cash Flow! Nice End Unit with a Side Yard. Live in one unit and rent out the other! Separate Water and Electric for Each Unit. Window A/C Units to keep you cool on hot days. Each Unit Has One Car Garage. Schedule your showing today!
#DENC2106398

WILMINGTON

600 HOMESTEAD ROAD

4 Beds

None Baths

1,575 Sq.Ft.

$260,000

MLS#: DENC2106398

This turn-key duplex is a low-maintenance, income-producing investment with positive cash flow. Both units have been recently renovated—2024—making it a strong opportunity for investors or owner-occupants looking to offset their mortgage with rental income.
Each unit has a private entrance, and both share access to the backyard. Street parking is available.
Rents total $2,295/mo ($1120 & $1,175). Tenants pay gas and electric, while the owner covers water. Owner expenses include the house meter at $20 per month and city water at approximately $90 per month, with total monthly expenses of $1878.00  (principle $225,000 loan), interest, taxes, insurance, water, and house meter). This results in positive cash flow of approximately $400 per month.
Located in a convenient Wilmington neighborhood close to major routes, shopping, and city amenities, this property offers reliable rental income with minimal upkeep. The adjacent property at 1114 S. Rodney is also available for sale.
Licensed fee appraisal was done and appraised value is $250,000.  Appraisal report is available upon request.
Pictures are of 1114A S. Rodney
All appointments require 24-hour notice.
#DENC2107700

WILMINGTON

1112 S RODNEY STREET

2 Beds

None Baths

1,360 Sq.Ft.

$249,500

MLS#: DENC2107700

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