1112 S Rodney St, Wilmington, DE 19805

Wilmington
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
1112 S Rodney St,Wilmington, DE 19805
$249,500
  • 2 Beds
  • - Baths
  • 1,360 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.:$183.46

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 $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...

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Home facts

  • Year built:1940
  • Subdivision & Development:CLELAND HEIGHTS
  • Listing ID #:DENC2107700
  • Added:90 day(s) ago
  • Updated:October 29, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:2
  • Rooms Total:8
  • Flooring:Laminate Plank
  • Kitchen Description:Oven/Range - Gas, Range Hood, Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,360 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Rubber
  • Year built:1940
  • Building area:1,360 sq. ft.
  • Lot area:0.05 Acres
  • Lot Features:Level, Urban
  • Construction Materials:Brick, Concrete
  • Exterior Features:Fire Escape, Play Area, Sidewalks, Street Lights
  • Foundation Description:Brick/Mortar, Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,500
  • Price per sq. ft.:$183.46
  • Tax amount:$2,494 (2025)

Features and amenities

  • Amenities:Carbon Monoxide Detector(s), Double Hung Windows, Electric Available, Natural Gas Available, Smoke Detector, Storm Windows

Parking

  • Parking description:On Street

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