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1302 Cypress Avenue Wilmington, DE $ 159,000
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1302 Cypress Avenue
$ 159,000
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1302 Cypress Avenue

Wilmington, DE, 19805
$ 159,000
Bedrooms2 Baths1.0 Sq 720

Monthly Estimate*

$ 1,004

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Townhouse for sale in Wilmington, DE

for $159,000 with 2 bedrooms and 1 full bath. This 720 square foot townhouse was built in 1942 on a lot size of 0.05.

1302 Cypress Ave is a fantastic opportunity for both investors and owner-occupants looking to build long-term wealth through real estate. This 2-bedroom, 1-bath home features a functional layout, a full unfinished basement, and off-street parking for two vehicles in the rear. With only light cosmetic updates and minor repairs needed, it's an ideal buy-and-hold rental with strong cash flow potential. For owner-occupants, this is a chance to stop paying rent, build equity, and potentially have a lower monthly payment than renting. Live in the home while making improvements at your own pace, then convert it into a rental and continue growing your real estate portfolio. Conveniently located near shopping, restaurants, downtown Wilmington, and major highways. Sold As-Is. Seller will make no repairs.

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Townhouse Active

Price

$ 159,000

Bedrooms

2

Full Bath

1

Property Type

Townhouse

Taxes

$ 1,750

Style

Traditional

Lot Size

0.05

Year Built

1942

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2107668
Features
General
Living Area 720
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Settlement
Zoning 19R2
Architectural Style Traditional
Construction Materials Concrete Stick Built
School District RED CLAY CONSOLIDATED
Year Built 1942
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility 2+ Access Exits
County NEW CASTLE
New Construction N
Property Type Residential
HOA N
Subdivision Name ELSMERE GARDENS
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions See mapping feature
City WILMINGTON
Senior Community Y/N N
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Tax Annual Amount 1750.0
Structure Type Interior Row/Townhouse
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 0.00
Price Per Sq Ft Total AG 220.83
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision ELSMERE GARDENS
Tax Lot 188
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Interior
Interior Amenities Floor Plan - Open
Heating Fuel Oil
Basement Full Unfinished
Hot Water Oil Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 720
Central Air Y/N N
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Laundry Type Basement Hookup
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street Off Street
Foundation Details Permanent
Water View Y/N N
Lot Dimensions 18.00 x 110.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 42900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1302
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* Excluded Features
List By
Fsbo Broker

Broker

lwolff.selections@gmail.com

Email

Affordability Calculator

$1,150
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,004
Monthly Property Taxes
$146
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.
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Nearby
3533515 Elementary School
3533569 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/22/2026$159,000 Listed Price

Map

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1302 Cypress Avenue, Wilmington, DE, 19805 is a Townhouse for sale at $159,000 with 720 sqft and a lot size of 0.05. 1302 Cypress Avenue has 2 bedrooms, 1.0 baths, and was built in 1942. The property's zip code is 19805 which is in Wilmington, DE

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