Back to search
1112 S Rodney Street Wilmington, DE $ 249,500
Share Save
$ 249,500 Get more info
1112 S Rodney Street
$ 249,500
Back to search
Recently Listed
Share Save

1112 S Rodney Street

Wilmington, DE, 19805
$ 249,500
Bedrooms2 Baths0.0

Monthly Estimate*

$ 1,575

1112 S Rodney Street, Wilmington, DE 19805 - Image 1
1112 S Rodney Street, Wilmington, DE 19805 - Image 2
1112 S Rodney Street, Wilmington, DE 19805 - Image 3
1112 S Rodney Street, Wilmington, DE 19805 - Image 4
1112 S Rodney Street, Wilmington, DE 19805 - Image 5
1112 S Rodney Street, Wilmington, DE 19805 - Image 6
1112 S Rodney Street, Wilmington, DE 19805 - Image 7
1112 S Rodney Street, Wilmington, DE 19805 - Image 8
1112 S Rodney Street, Wilmington, DE 19805 - Image 9
1112 S Rodney Street, Wilmington, DE 19805 - Image 10

Multi-Family Home for sale in Wilmington, DE

for $249,500 with 2 bedrooms. This home was built in 1940 on a lot size of 0.02.

This turn-key duplex is a low-maintenance, income-producing investment with positive cash flow. Both units have been recently renovated2024making 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 $1,714 (principle $225,000 loan), interest, taxes, insurance, water, and house meter). This results in positive cash flow of approximately $580 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.

See more
Multi-Family Active

Price

$ 249,500

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 529

Style

Lot Size

0.02

Year Built

1940

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2107700
Features
General
Living Area 680
Sewer Public Sewer
Heating 90% Forced Air Baseboard - Electric
Cooling None
Utilities Electric Available Natural Gas Available Sewer Available Water Available
Possession Immediate
Roof Rubber
Appliances Oven/Range - Gas Range Hood
Zoning 26R-2
Architectural Style Other
Security Features Smoke Detector
Construction Materials Brick Veneer
School District CHRISTINA
Year Built 1940
Electric Circuit Breakers
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Gross Income 2270.00
Accessibility None
County NEW CASTLE
Net Operating Income 2270.00
Insurance Expense 1200.00
New Construction N
Property Type Multi-Family
Subdivision Name CLELAND HEIGHTS
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 8
Status ACTIVE
Directions SOUTH ON BROOM STREET TO RIGHT ON ST. ELIZABETH STREET AND LEFT ONTO S. RODNEY TO 1112
City WILMINGTON
Disclosures Agent has Financial Interest
Number Of Units Total 2
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 871.00
Number of Units Leased 2
Tax Annual Amount 529.0
Home Warranty Y/N N
Property Condition Very Good Excellent
Trash Expense 0.00
Two Bedroom 0
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 366.91
Acceptable Financing Cash Conventional
Avg. Electric Per Month 20.0
Avg. Gas Per Month 0.0
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Avg. Water Per Month 90.0
Location Type Urban
Lease Type Month to Month
Standard Status Active
Year Built Source Estimated
Legal Subdivision WILMINGTON
Tax Lot 096
Total Actual Rent 2270.00
Association Recreation Fee N
See more
Interior
Interior Amenities Bathroom - Soaking Tub
Heating Fuel Natural Gas Electric
Basement Full
Flooring Laminate Plank
Hot Water Natural Gas
Total Stories 2
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Window Features Screens Storm
Fireplace Y/N N
Central Air Y/N N
Number of Elevators 0
Avg. Heating Oil Per Month 0.0
See more
Exterior
Exterior Amenities Fire Escape Sidewalks Street Lights Play Area
Pool No Pool
Lot Features Level
Water Source Public
Type of Parking On Street
Foundation Details Block
Spa N
Water View Y/N N
Lot Dimensions 30.00 x 22.00
Lot Size Acres 0.02
Road Surface Type Black Top
Lot Size Source Assessor
Waterfront Y/N N
Door Features Storm
Pool Charge 0.00
Road Responsibility City/County
Land Assessed Value 42000.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 1112
See more
* Excluded Features
List By
Bhhs Fox & Roach-Greenville

Broker

bruno_caputo@yahoo.com

Email

Affordability Calculator

$1,619
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,575
Monthly Property Taxes
$44
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3534162 Elementary School
3534061 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/31/2026$249,500 Listed Price

Map

More homes like this one

homes for you

See all
See all

1112 S Rodney Street, Wilmington, DE, 19805 is a Multi-Family Home for sale at $249,500 with a lot size of 0.02. 1112 S Rodney Street has 2 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 19805 which is in Wilmington, DE

Get more info