1112 S Rodney St, Wilmington, DE 19805

Wilmington
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
1112 S Rodney St,Wilmington, DE 19805
$249,500
  • 2 Beds
  • - Baths
  • 680 sq. ft.
  • Multi-family
  • Active
Listed by: bruno caputo
Office: bhhs fox & roach-greenville
MLS#:DENC2107700
Source:BRIGHTMLS

Price summary

  • Price:$249,500
  • Price per sq. ft.:$366.91

About this home

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 $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...

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Home facts

  • Year built:1940
  • Subdivision & Development:CLELAND HEIGHTS
  • Listing ID #:DENC2107700
  • Added:1 day(s) ago
  • Updated:July 31, 2026 at 05:38 AM

Rooms and interior

  • Bedrooms:2
  • Rooms Total:8
  • Flooring:Laminate Plank
  • Kitchen Description:Oven/Range - Gas, Range Hood
  • Basement:Yes
  • Basement Description:Full
  • Living area:680 sq. ft.

Heating and cooling

  • Heating:90% Forced Air, Baseboard - Electric, Electric, Natural Gas

Structure and exterior

  • Roof:Rubber
  • Year built:1940
  • Building area:680 sq. ft.
  • Lot area:0.02 Acres
  • Lot Features:Level, Urban
  • Construction Materials:Brick Veneer
  • Exterior Features:Fire Escape, Play Area, Sidewalks, Street Lights
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,500
  • Price per sq. ft.:$366.91
  • Tax amount:$529 (2025)

Features and amenities

  • Amenities:Electric Available, Natural Gas Available, Smoke Detector, Storm Windows

Parking

  • Parking description:On Street

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