- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$249,500
Monthly Est:$1,242
-- Bed
-- Bath
1,360sqft
1112 S Rodney St, Wilmington, DE 19805
$249,500
$1,242/moEst:
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Duplex
Built in 1940
$-- HOA
2,178 sqft lot
$183/sq.ft
Description
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 SOLD on 9/4/26 for $250,000
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.
- Houzeo last checked: 12 minutes ago
- Listing updated: September 18, 2026 at 8:13 pm
- Listing Provided by: Bruno Caputo (302) 477-5500 | BHHS Fox & Roach-Greenville (302) 571-8855
- Source: Bright MLS-NJ | MLS#: DENC2107700
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
1,360 sqft
Lot Size
2,178 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
DENC2107700
MLS Status
ACTIVE-BRIGHT
Days on Market
51
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Window Features
Screens, Storm, Double Hung
Heating
90% Forced Air, Baseboard Electric
Sewer
Public Sewer
Interior Features
Bathroom Soaking Tub
Flooring
Laminate Plank
Appliances
Oven/range Gas, Range Hood, Refrigerator
Cooling
None
Exterior Features
Fire Escape, Sidewalks, Street Lights, Play Area
Construction
Year Built
Year Built: 1940
Home type
Duplex
Construction Materials
Brick, Concrete
Architectural Style
Other
Roof
Rubber
Foundation Details
Brick/mortar, Concrete Perimeter
Property Condition
Very Good, Excellent
Utilities & Energy
Water Source
Public
Basement
Full
Electric
Circuit Breakers
Utilities
Electric Available, Natural Gas Available, Sewer Available, Water Available
Security Features
Smoke Detector, Carbon Monoxide Detectors
Other Features
Subdivision Name
Cleland Heights
Lot Features
Level
Price History
| Date | Event | Price |
|---|---|---|
07/30/2026 Source: | Listed for Sale | $249,500 $183/sqft |
Find Homes by Property Features in Wilmington, DE
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