40 University Avenue
New Castle, DE, 19720 $ 309,777
Bedrooms5 Baths2.1 Sq 2,275 Monthly Estimate*
$ 1,956
for $309,777 with 5 bedrooms and 2 full baths, 1 half bath. This 2,275 square foot home was built in 1949 on a lot size of 0.15.
Calling all investors, contractors, and buyers looking for their next project! Don't miss this rare opportunity to own a sprawling 5-bedroom, 2.5-bath ranch in New Castle offering the convenience of one-floor living and an incredible amount of space. Homes of this size are hard to find in the area, making this an exceptional opportunity to renovate and build instant equity. Step inside to find a spacious floor plan featuring a large living room, formal dining room, kitchen, expansive family room, private office, and a convenient half bathroom. The generously sized primary suite includes its own en-suite bathroom, while four additional bedrooms and a full hall bathroom provide plenty of room for family, guests, or a home office setup. With its expansive footprint, functional layout, and endless possibilities, this home is the perfect canvas for your vision. Whether you're looking to renovate and resell, add to your investment portfolio, or create your dream home, the potential here is undeniable. Conveniently located near shopping, restaurants, major highways, and local amenities, this property offers both space and location. Bring your contractor and your imagination! Property is being sold strictly as-is. Schedule a showing today!
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FeaturesGeneralLiving Area 2275
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Cable TV
Possession Negotiable
Zoning RESID
Patio/Porch Features Patio(s)
Architectural Style Ranch/Rambler
Construction Materials Vinyl Siding Brick
School District COLONIAL
Exclusions Refrigerator Washer
Year Built 1949
Electric Circuit Breakers
Levels 1
Tax Year 1998
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County NEW CASTLE
New Construction N
Property Type Residential
HOA N
Subdivision Name WILM MANOR GARDENS
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Total Rooms 14
Full Baths 2
Status ACTIVE
Directions GPS
City NEW CASTLE
Senior Community Y/N N
MLS Area New Castle/Red Lion/Del.City (30904)
Lot Size Units Square Feet
Lot Size Square Feet 6534.00
Tax Annual Amount 1000.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 3.00
Price Per Sq Ft Total AG 136.17
Acceptable Financing Conventional Cash
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision WILM MANOR GDNS SC A
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InteriorInterior Amenities Primary Bath(s) Butlers Pantry Ceiling Fan(s) 2nd Kitchen Kitchen - Eat-In
Heating Fuel Oil
Basement Full Outside Entrance Fully Finished
Total Fireplaces 1
Fireplace Features Brick
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2275
Half Baths 1
Central Air Y/N Y
Total Bedrooms 5
Room Type Living Room Dining Room Primary Bedroom Bedroom 2 Bedroom 3 Kitchen Family Room Bedroom 1 In-Law/auPair/Suite Other Attic
Main Level Bedrooms 5
Laundry Type Main Floor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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ExteriorPool No Pool
Lot Features Level Front Yard Rear Yard
Water Source Public
Type of Parking On Street Driveway
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.15
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByReal Of PennsylvaniaBroker
listings@thecoonahanteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,956
- Monthly Property Taxes
- $83
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in New Castle, DE
Average List Price $403,004
Percent of Sale Price 30%
About New Castle, DE 4,952 Population
-5% Since 2002
$ 57,997 Median Income
44.91 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533338 Elementary School
3533343 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $309,777 | | Listed Price |