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434 Homestead Rd
C+ Composite 64.33
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +23.5/30.0
  • ARV discount +15.0/15.0
  • DSCR +7.6/10.0
  • 1% rule +5.4/10.0
  • Rent growth +4.1/5.0
  • Livability +3.2/5.0
  • Schools +3.1/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$185,000

434 Homestead Rd · Wilmington, DE 19805
3 bd · 1.5 ba · 1,300 sqft · Townhouse public records · 48 Days on market
Built 1959 1,742 sqft lot $142/sqft · 24% below area Est $242k · 24% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

Key facts

  • Centrally located
  • Front and back yard
  • Finished basement

Tags

FINISHED BASEMENTCENTRALLY LOCATEDFRONT AND BACK YARD

Property features AI

Exterior

  • Parking: Driveway parking; On-street parking
  • Utilities: Public water; Public sewer
  • Home design: Interior townhouse/rowhouse; Fee simple ownership
  • Construction: Brick construction; Concrete perimeter foundation; Above-grade and below-grade structures; Estimated year built
  • Exterior features: Lot approximately 18.2 x 100 ft; No tidal water

Interior

  • Bedrooms: 3 bedrooms on the upper level
  • Bathrooms: 1 full bathroom on the upper level; 1 half bathroom on the main level
  • Heating & cooling: Forced air heating (natural gas); Window AC units (electric)
  • Interior features: Estimated living area; Full finished basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath townhouse listed at $185k.

Deal economics

  • At list price, monthly cash flow is $345 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $185k).
  • Recommended offer: $179k (3.0% below list) — sets the bar for market timing.
  • Cap rate 8.5% vs local median 5.6% in Wilmington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 64/100 on livability (#52 in DE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: employment D+, schools D, commute D.
  • Red Clay Consolidated School District (suburban): math 27% / reading 42% proficiency, ranked #12 of 26 in DE (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising fast (+6.3%/yr); 167 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 1,367 units permitted in New Castle County in 2024 (201 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
  • New Castle County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 6.3% rent growth), your $52k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 48 days — a 3% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 29y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $179,450 (3.0% below list)

Questions for the listing agent

  1. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.04%
Cap rate
8.53%
Cash-on-cash
7.99%
DSCR
1.36
GRM
8.0

CMA / ARV

ARV (median comp)
$242,056
List price
$185,000
Delta
-23.57%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1604 Coleman St 0.08mi 3/2.0 1,300 (0%) 1mo $255,000 $196 93
1204 Brown St 0.26mi 2/2.0 (-1) 1,300 (0%) 0mo $268,000 $206 81
25 6th Ave 0.34mi 3/1.0 1,325 (+2%) 1mo $115,000 $87 78
1320 Maryland Ave 0.35mi 3/1.0 1,325 (+2%) 2mo $135,000 $102 77
1401 A Brown St 0.22mi 3/2.5 1,400 (+8%) 2mo $312,000 $223 71
733 S Harrison St 0.55mi 3/1.5 1,250 (-4%) 2mo $140,000 $112 66
431 S Harrison St 0.71mi 3/1.5 1,250 (-4%) 2mo $155,000 $124 59
1102 Clayton Rd 0.45mi 3/1.0 1,450 (+12%) 2mo $261,000 $180 56
1016 Clayton Rd 0.48mi 3/1.0 1,150 (-12%) 1mo $219,000 $190 56
519 S Jackson St 0.67mi 3/1.0 1,200 (-8%) 1mo $186,000 $155 53
422 S Broom St 0.74mi 3/2.0 1,400 (+8%) 1mo $299,900 $214 50
414 S Franklin St 0.72mi 3/1.5 1,175 (-10%) 2mo $182,500 $155 49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.35% rent growth · sell at horizon

5-year hold
IRR
-0.7%
Equity multiple
0.97×
Total profit
$-1,360
Equity at exit
$27,584
10-year hold
IRR
12.0%
Equity multiple
2.09×
Total profit
$56,338
Equity at exit
$15,995

Cash invested: $51,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
70 Landlord-Friendly
State Delaware
70 Landlord-Friendly · D+7
County
— inherits STATE
City
— inherits STATE
Court of Common Pleas hears L&T; moderate-paced. No state rent control.

ZIP-level market 19805

Rents YoY
6.3%
Active inventory
167
Price-to-rent
8.0×

Monthly cashflow live

Estimated rent
$1,918 high interval (Pro) →
Mortgage (P&I)
$970
Tax from tax record
$123 /mo · $1,480/yr
Insurance
$77
HOA
$0
Vacancy / Maint / Mgmt
$403
Net cashflow
$345

Break-even live

Break-even rent $1,482
Max offer price $185,000
Occupancy floor 77%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$46,250
Closing costs
$5,550
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1601 Bonwood Rd Wilmington, DE 3.0 1.5 1500 $1,850 $1.23 24d 1 0.13mi
1600 Bonwood Rd Wilmington, DE 2.0 2.0 970 $1,614 $1.66 15d 1 0.17mi
231 5th Ave Wilmington, DE 2.0 1.0 1050 $1,350 $1.29 44d 1 0.28mi
1508 Maryland Ave Wilmington, DE 3.0 1.5 1450 $1,975 $1.36 15d 1 0.28mi
7 6th Ave Wilmington, DE 3.0 2.0 1325 $1,800 $1.36 44d 1 0.33mi
1601 E Latimer Pl Wilmington, DE 4.0 1.0 1450 $2,195 $1.51 18d 1 0.39mi
25 Stroud St Wilmington, DE 3.0 1.0 1200 $1,795 $1.50 4d 1 0.44mi
21 Stroud St Unit 1 Wilmington, DE 3.0 1.5 1875 $1,900 $1.01 44d 1 0.45mi
1016 Clayton Rd Wilmington, DE 3.0 1.0 1150 $1,850 $1.61 5d 1 0.46mi
1122 Coyne Pl Wilmington, DE 3.0 1.0 1350 $1,950 $1.44 44d 1 0.48mi
1110 Maple St Wilmington, DE 3.0 1.0 1525 $1,600 $1.05 44d 1 0.66mi
1525 Beech St Wilmington, DE 3.0 2.5 1850 $2,400 $1.30 5d 1 0.68mi
414 S Franklin St Wilmington, DE 3.0 2.0 1195 $1,895 $1.59 44d 1 0.69mi
331 Justison St Wilmington, DE 1.0–2.0 1.0–2.0 859 $2,205 $2.57 1d 9 0.72mi
530 Harlan Blvd #519 Wilmington, DE 2.0 2.0 1192 $2,250 $1.89 24d 1 0.72mi
1227 Linden St Wilmington, DE 3.0 2.0 950 $1,850 $1.95 4d 1 0.75mi
131 Scarborough Park Dr Wilmington, DE 1.0–2.0 1.0–1.5 837 $1,700 $2.03 44d 1 0.80mi
205 Porter St Wilmington, DE 2.0 1.5 1200 $1,700 $1.42 15d 1 0.81mi
1936 Lakeview Rd Wilmington, DE 3.0 1.0 1350 $1,850 $1.37 15d 1 0.83mi
1802 Maple St Wilmington, DE 3.0 1.5 1250 $2,500 $2.00 24d 1 0.84mi
1110 Read St Wilmington, DE 2.0 1.0 1100 $1,250 $1.14 20d 1 0.86mi
1815 Maple St Wilmington, DE 3.0 1.5 1100 $1,995 $1.81 18d 1 0.87mi
1029 Lancaster Ave Wilmington, DE 4.0 1.5 1375 $1,900 $1.38 24d 1 0.91mi
1301 Lancaster Ave Wilmington, DE 4.0 2.0 1200 $1,800 $1.50 11d 1 0.92mi
37 E Champlain Ave Wilmington, DE 2.0 1.0 975 $1,612 $1.65 2d 1 0.94mi
105 Christina Landing Dr #1105 Wilmington, DE 2.0 2.0 1150 $2,500 $2.17 44d 1 0.98mi
105 Christina Landing Dr Wilmington, DE 2.0 2.0 1025 $2,400 $2.34 10d 1 0.98mi
105 Christina Landing Dr #1503 Wilmington, DE 2.0 2.0 1025 $2,500 $2.44 17d 1 0.98mi
115 N Clayton St Unit 115 Wilmington, DE 3.0 1.5 1200 $1,725 $1.44 11d 1 0.99mi
232 N Franklin St Wilmington, DE 3.0 2.0 1150 $1,795 $1.56 44d 1 1.02mi
115 Christina Landing Dr Wilmington, DE 1.0–2.0 1.0–2.0 1195 $2,796 $2.34 1d 13 1.03mi
307 N Rodney St Wilmington, DE 3.0 1.5 1425 $2,000 $1.40 44d 1 1.09mi
205 Western Ave Wilmington, DE 4.0 2.5 1225 $2,300 $1.88 44d 1 1.15mi
507 W 4th St Wilmington, DE 3.0 1.5 1075 $1,800 $1.67 13d 1 1.17mi
521 N Franklin St Wilmington, DE 3.0 2.0 1500 $1,850 $1.23 4d 1 1.19mi
401 A St Wilmington, DE 2.0 1.0–2.0 716 $2,605 $3.64 1d 13 1.22mi
225 W 4th St Unit 2 Wilmington, DE 2.0 1.0 1000 $1,599 $1.60 44d 1 1.24mi
617 W 6th St Unit 617 B Wilmington, DE 3.0 1.0 1000 $1,600 $1.60 5d 1 1.26mi
275 Filbert Ave Wilmington, DE 3.0 1.0 1225 $1,495 $1.22 3d 1 1.27mi
820 W 7th St Wilmington, DE 3.0 1.0 1000 $1,650 $1.65 44d 1 1.27mi

Listing history 50 events

  1. 2026-06-18
    days on market $185,000 Active 48 DOM
  2. 2026-06-17
    days on market $185,000 Active 47 DOM
  3. 2026-06-16
    days on market $185,000 Active 46 DOM
  4. 2026-06-15
    days on market $185,000 Active 45 DOM
  5. 2026-06-13
    days on market $185,000 Active 43 DOM
  6. 2026-06-13
    days on market $185,000 Active 42 DOM
  7. 2026-06-09
    days on market $185,000 Active 39 DOM
  8. 2026-06-08
    days on market $185,000 Active 38 DOM
  9. 2026-06-07
    days on market $185,000 Active 37 DOM
  10. 2026-06-04
    days on market $185,000 Active 34 DOM
  11. 2026-06-03
    days on market $185,000 Active 33 DOM
  12. 2026-06-02
    days on market $185,000 Active 32 DOM
  13. 2026-06-01
    days on market $185,000 Active 31 DOM
  14. 2026-05-31
    days on market $185,000 Active 30 DOM
  15. 2026-05-01
    historical
  16. 2026-05-01
    listed $185,000 Active 488-char remark
  17. 2025-11-25
    historical Active Under Contract
  18. 2025-10-30
    price $159,000
  19. 2025-10-14
    price $165,000
  20. 2025-09-26
    price $170,000
  21. 2025-09-12
    price $175,000
  22. 2025-09-05
    price $185,000
  23. 2025-08-29
    price $194,000
  24. 2025-08-21
    price $205,000
  25. 2025-08-08
    price $225,625
  26. 2025-07-23
    price $237,500
  27. 2025-07-09
    listed $250,000 Active
  28. 2024-06-27
    soldstatus $230,000 Closed
    Show marketing remark (1845 chars)

    Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

  29. 2024-06-01
    price $230,000
    Show marketing remark (1845 chars)

    Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

  30. 2024-05-30
    historical Active Under Contract
    Show marketing remark (1845 chars)

    Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

  31. 2024-05-11
    status Active
    Show marketing remark (1845 chars)

    Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

  32. 2024-05-06
    price $219,999
    Show marketing remark (1845 chars)

    Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

  33. 2024-05-06
    historical Active Under Contract
    Show marketing remark (1845 chars)

    Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

  34. 2024-05-04
    price $219,888
    Show marketing remark (1845 chars)

    Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

  35. 2024-05-03
    listed $219,900 Active
    Show marketing remark (1845 chars)

    Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

  36. 2024-04-24
    historical $219,900
    Show marketing remark (1845 chars)

    Welcome to your charming abode just moments away from the picturesque Riverfront in Wilmington, Delaware. Nestled in a row of tastefully designed homes, this residence offers the perfect blend of modern convenience and classic elegance. Step inside to discover a welcoming atmosphere filled with natural light and thoughtful details. The main floor boasts a spacious living area, ideal for entertaining guests or simply unwinding after a long day. Hardwood floors gleam underfoot, complementing the neutral color palette that runs throughout the home. The heart of the home, the kitchen, is a chef's delight with ample counter space, and stylish cabinetry. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this space is sure to inspire culinary creativity. Upstairs, you'll find three cozy bedrooms, each offering a peaceful retreat at the end of the day. The primary bedroom features generous closet space and large windows that frame views of the surrounding neighborhood. But the true gem of this home lies below, where a finished basement awaits. This versatile space can be transformed to suit your needs, whether you dream of a home office, a media room, or a play area for the little ones. Complete with a convenient half bathroom, this area adds valuable square footage and endless possibilities to your living space. Outside, a private patio offers the perfect spot for al fresco dining or enjoying your morning coffee in the fresh air. And with the Riverfront just minutes away, you'll have easy access to scenic walks along the water, vibrant dining options, and a host of recreational activities. With its prime location, thoughtful design, and abundance of amenities, this row home in Wilmington is more than just a place to live—it's a place to call home. Don't miss your chance to make it yours today!

  37. 2000-02-16
    soldstatus $71,500
  38. 2000-02-15
    soldstatus $71,500
  39. 2000-01-05
    historical
  40. 1999-12-17
    listed $71,500
  41. 1999-06-30
    historical
  42. 1999-06-30
    listed $72,500
  43. 1999-02-17
    listed $72,500
  44. 1999-02-17
    historical
  45. 1999-02-12
    historical
  46. 1998-02-13
    listed $79,900
  47. 1997-11-04
    historical
  48. 1997-11-04
    listed $79,900
  49. 1997-11-03
    listed $79,900
  50. 1997-11-03
    historical

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast DE · Partial reset (capped growth)

Current annual tax
$1,480 · $123/mo
Projected year-2 tax
$1,480 · $123/mo
Expected delta
$0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥102°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,021
− Mortgage interest
−$10,363
− Property taxes
−$1,480
− Insurance
−$925
− Repairs & maintenance
−$1,842
− Management
−$1,842
− Depreciation
−$5,382
Taxable income
$1,188
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$285
After-tax cash flow
$3,855/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Red Clay Consolidated School District
NCES district ID
1001300
Math proficiency
27% ▼ -11.00%
Reading proficiency
42% ▼ -7.00%
Median HH income
$64,298
Composite
31.25/100
National rank
#6027
State rank
#12 of 26 in DE

Livability — Wilmington

Score
64/100
State rank
#52
US rank
#14251

Category grades

Amenities F Commute D Cost of living A+ Crime F Employment D+ Housing A Health & safety D- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

County
New Castle County · 483,412 people
City population
173,480
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Population (ZIP)
41,402
Household income
$60,221
Rent vs Own
40.6% rent · 59.4% own
Severe rent burden
1730.0

Population outlook (New Castle County) Hauer SSP2

Today (2025)
594,686 people
By 2030
609,164 · +2.4%
By 2040
632,154 · +6.3%
By 2050
649,068 · +9.1%
By 2075
687,771 · +15.7%
By 2100
694,961 · +16.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.70)
Race & ethnicity
White 37% Black 32% Hispanic / Latino 25% Two or more races 10%
Hispanic origin (detail)
Mexican 10% Puerto Rican 10% Dominican 2%
Common ancestry
Romanian 4% Slovak 1% Italian 1%
Foreign-born
9% · Canada
Languages at home
79% English-only · Spanish 18% French/Haitian/Cajun 1% Arabic 1%

Political lean MEDSL · New Castle

2024 margin
Solid D (+32.6) · D 65.5% · R 32.9% · Other 1.6%
2008→2024 swing
-8.1pp toward R · 2008: 40.6pp · 2024: 32.6pp
All cycles
2024: D+32.6 2020: D+37.1 2016: D+29.6 2012: D+34.1 2008: D+40.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -291.16%
Current HPI
259.1455
Rent YoY
▲ 6.35%
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
State GDP YoY
F500 in state
0

Price history

+131.5% since first listed
36 events — show timeline
  • 2026-05-01 Listed $185,000 BRIGHT MLS
  • 2026-05-01 Listing Removed BRIGHT MLS
  • 2025-11-25 Contingent BRIGHT MLS
  • 2025-10-30 Price Changed $159,000 BRIGHT MLS
  • 2025-10-14 Price Changed $165,000 BRIGHT MLS
  • 2025-09-26 Price Changed $170,000 BRIGHT MLS
  • 2025-09-12 Price Changed $175,000 BRIGHT MLS
  • 2025-09-05 Price Changed $185,000 BRIGHT MLS
  • 2025-08-29 Price Changed $194,000 BRIGHT MLS
  • 2025-08-21 Price Changed $205,000 BRIGHT MLS
  • 2025-08-08 Price Changed $225,625 BRIGHT MLS
  • 2025-07-23 Price Changed $237,500 BRIGHT MLS
  • 2025-07-09 Listed $250,000 BRIGHT MLS
  • 2024-06-27 Sold (MLS) $230,000 BRIGHT MLS
  • 2024-06-01 Price Changed $230,000 BRIGHT MLS
  • 2024-05-30 Contingent BRIGHT MLS
  • 2024-05-11 Relisted BRIGHT MLS
  • 2024-05-06 Price Changed $219,999 BRIGHT MLS
  • 2024-05-06 Contingent BRIGHT MLS
  • 2024-05-04 Price Changed $219,888 BRIGHT MLS
  • 2024-05-03 Listed $219,900 BRIGHT MLS
  • 2024-04-24 Coming Soon $219,900 BRIGHT MLS
  • 2000-02-16 Sold (Public Records) $71,500 Public Records
  • 2000-02-15 Sold (MLS) $71,500 BRIGHT MLS
  • 2000-01-05 Listing Removed BRIGHT MLS
  • 1999-12-17 Listed $71,500 BRIGHT MLS
  • 1999-06-30 Listed $72,500 BRIGHT MLS
  • 1999-06-30 Listing Removed BRIGHT MLS
  • 1999-02-17 Listing Removed BRIGHT MLS
  • 1999-02-17 Listed $72,500 BRIGHT MLS
  • 1999-02-12 Listing Removed BRIGHT MLS
  • 1998-02-13 Listed $79,900 BRIGHT MLS
  • 1997-11-04 Listed $79,900 BRIGHT MLS
  • 1997-11-04 Listing Removed BRIGHT MLS
  • 1997-11-03 Listing Removed BRIGHT MLS
  • 1997-11-03 Listed $79,900 BRIGHT MLS

Property tax history

+3.0%/yr

Latest (2024): $1,480 · +12.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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