Listed price in listed location currency (USD).
$249,500

000

MLS® DENC2107700

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1360 sqft
Garage 
Taxes $2,494
Days Active 73
Lot Size 0.05 Acres
Approx. Age 1940
Avg. Price Per Sqft $183
MLS® Number DENC2107700

Property Address: 1112 S Rodney St, WILMINGTON, DE, 19805-4542

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberDENC2107700
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
BasementFull
DrivewayOn Street
Garage Spaces
Heat90% Forced Air, Baseboard - Electric, Natural Gas, Electric
A/CNone

Extras

GAS RANGE & REFRIGERATOR

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 31, 2026List Date
$249,500List Price
  • Commute

Commute

Starting Address
Destination Address
1112 S Rodney St, Wilmington, DE

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties