2321 N Tatnall St · Wilmington, DE 19802

$225,000

3 bd · 1.0 ba · 1,525 sqft · MultiFamily public records · 104 Days on market

Built 1920 2,178 sqft lot $148/sqft · at area comps Est $219k · at est.

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +6.3/15.0
• Rent growth +3.9/5.0
• Livability +3.2/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

* * * Motivated Seller * * * Welcome to 2321 N Tatnall St, Wilmington, DE 19802, a fully renovated 3-bedroom, 1.5-bath home that blends a fresh modern feel with a layout built for real life. If you want a move-in-ready home where the updates are already done and the spaces feel open, bright, and welcoming, this one checks the boxes. As you walk in, you are greeted by a spacious living room that offers the flexibility you need. You have room for a full seating set, a media wall, and even a reading or play corner without feeling crowded. This is a space where you can host guests, relax after work, and enjoy daily life comfortably. The main level also includes a convenient powder room, perfectly placed for guests and everyday use. From the living room, the home opens up beautifully into the kitchen, creating an easy flow that makes the space feel connected and functional. The kitchen is a true highlight, designed for both style and practicality. The large island offers the perfect breakfast spot for busy mornings, a central place for meal prep, and an inviting area for family and friends to gather while you cook. The finishes and color choices throughout the home were selected to feel warm, clean, and welcoming, giving you a cohesive look from room to room. Upstairs, you will find three comfortable bedrooms that can adapt to your needs. Set up a private owner’s room, create a guest room, or design a home office space for remote work. The full bathroom is positioned to serve the bedrooms with ease, and the home’s updates give the entire second level a fresh, polished feel. Step outside to a fenced-in backyard that is ready for the moments you look forward to—picture summer barbecues, family gatherings, outdoor dining, and space for kids or pets to play. The fencing adds privacy, and the yard gives you a personal outdoor retreat right at home. Location matters, and this one makes daily life simple. You are close to shopping centers, everyday essentials, and major bus routes, providing convenient access throughout Wilmington. At the same time, the home sits on a quiet block, offering a more peaceful setting when you are ready to unwind. This is the kind of home you tour once and immediately picture yourself living in it. Fully renovated. Functional layout. Great kitchen. Private backyard. Convenient location. Book your tour today and experience 2321 N Tatnall St in person.

Key facts

• Fully renovated
• Large island
• Quiet block

Tags

• FULLY RENOVATED
• SPACIOUS LIVING ROOM
• CONVENIENT POWDER ROOM
• LARGE ISLAND
• FENCED-IN BACKYARD
• QUIET BLOCK

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath multifamily listed at $225k.

Deal economics

• At list price, monthly cash flow is $3k ($34k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $225k).
• Recommended offer: $205k (9.0% below list) — sets the bar for market timing.
• Cap rate 21.5% 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 (+5.7%/yr); 119 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,367 units permitted in New Castle County in 2024 (201 in 5+ unit buildings).
• At $5,325/mo this rent would consume 119% of the median local household income ($54k/yr) (locally 1816% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 + 5.7% rent growth), your $63k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 104 days — a 9% lower offer ($205k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $76k; list at $225k implies a 196% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — 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 $204,750 (9.0% below list)

Questions for the listing agent

1. It's been on market 104 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.37% ✓
• Cap rate: 21.53%
• Cash-on-cash: 54.40%
• DSCR: 3.42
• GRM: 3.5

CMA / ARV

• ARV (median comp): $219,145
• List price: $225,000
• Delta: 2.67%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2413 N West St	0.09mi	3/—	1,425 (-7%)	5mo	$145,000	$102	81
610 Concord Ave	0.38mi	3/—	1,575 (+3%)	6mo	$392,000	$249	72
209 W 18th St	0.34mi	3/—	1,400 (-8%)	9mo	$315,000	$225	63
1806 N West St	0.31mi	3/—	1,700 (+12%)	6mo	$270,000	$159	62
621 E 22nd St	0.38mi	2/— (-1)	1,475 (-3%)	12mo	$125,000	$85	62
507 Concord Ave	0.31mi	3/—	1,700 (+12%)	8mo	$248,000	$146	60
103 W 27th St	0.19mi	4/— (+1)	1,375 (-10%)	16mo	$221,100	$161	56
700 W 26th St	0.45mi	3/2.0	1,375 (-10%)	6mo	$300,000	$218	54
2239 N Pine St	0.30mi	4/2.0 (+1)	1,650 (+8%)	19mo	$180,000	$109	47

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 · 5.72% rent growth · sell at horizon

5-year hold

• IRR: 55.5%
• Equity multiple: 3.55×
• Total profit: $160,371
• Equity at exit: $33,548

10-year hold

• IRR: 61.5%
• Equity multiple: 7.96×
• Total profit: $438,651
• Equity at exit: $19,454

Cash invested: $63,000 (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.

Methodology + full state rankings →

ZIP-level market 19802

• Rents YoY: 5.7%
• Active inventory: 119
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $5,325 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$77 /mo · $924/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,118
• Net cashflow: $2,856

Break-even live

Break-even rent $1,710

Max offer price $225,000

Occupancy floor 41%

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	3	1.5	$5,325
Total (3 units)			$5,325

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
125 W 23rd St Wilmington, DE	4.0	2.0	1672	$1,995	$1.19	43d	1	0.04mi
2401 N West St Wilmington, DE	4.0	1.0	1650	$1,900	$1.15	15d	1	0.05mi
2518 N Tatnall St Wilmington, DE	4.0	1.5	1575	$1,995	$1.27	43d	1	0.12mi
5 E 24th St Unit 1 Wilmington, DE	3.0	1.0	1150	$1,795	$1.56	43d	1	0.15mi
302 W 23rd St Unit 1 Wilmington, DE	2.0	1.0	1450	$1,295	$0.89	24d	1	0.15mi
306 W 23rd St Unit 2 Wilmington, DE	2.0	1.0	1475	$1,295	$0.88	43d	1	0.16mi
306 W 23rd St Unit 1 Wilmington, DE	2.0	1.0	1475	$1,295	$0.88	24d	1	0.16mi
306 Concord Ave Unit 2 Wilmington, DE	3.0	1.0	1100	$1,350	$1.23	43d	1	0.17mi
314 Concord Ave Unit 2 Wilmington, DE	2.0	1.0	1300	$1,295	$1.00	24d	1	0.18mi
517 W 26th St Unit NA Wilmington, DE	3.0	1.5	1344	$1,900	$1.41	24d	1	0.32mi
409 W 20th St Unit 2 Wilmington, DE	2.0	1.0	1100	$1,700	$1.55	10d	1	0.32mi
409 W 20th St Unit 2 Wilmington, DE	2.0	1.0	1100	$1,500	$1.36	12d	1	0.32mi
400 W 29th St Wilmington, DE	3.0	1.5	1125	$1,950	$1.73	43d	1	0.34mi
2923 N Washington St Wilmington, DE	3.0	1.0	1225	$1,600	$1.31	1d	1	0.37mi
2705 Speakman Pl Wilmington, DE	3.0	1.5	1100	$1,975	$1.80	12d	1	0.40mi
3003 N Washington St Wilmington, DE	3.0	1.0	1250	$1,950	$1.56	43d	1	0.40mi
3005 N West St Wilmington, DE	3.0	1.0	1176	$1,900	$1.62	24d	1	0.41mi
912 McCabe Ave Wilmington, DE	2.0	1.0	2100	$1,950	$0.93	1d	1	0.59mi
107 W 13th St Wilmington, DE	3.0	1.5	1325	$1,895	$1.43	43d	1	0.62mi
1217 N King St Wilmington, DE	3.0	1.5	1300	$2,145	$1.65	18d	1	0.62mi
918 E 17th St Unit 1 Wilmington, DE	3.0	1.0	1100	$1,795	$1.63	1d	1	0.63mi
1124 Clifford Brown Walk Wilmington, DE	2.0	1.0	1240	$1,625	$1.31	43d	1	0.70mi
903 Shallcross Ave Wilmington, DE	2.0	1.5	1575	$2,195	$1.39	24d	1	0.76mi
507 Barrett St Wilmington, DE	3.0	1.0	1275	$1,700	$1.33	43d	1	0.78mi
1001 N Orange St Wilmington, DE	1.0–2.0	1.0–2.0	833	$2,135	$2.56	1d	62	0.79mi
605 E 10th St Wilmington, DE	3.0	1.0	1200	$1,850	$1.54	24d	1	0.83mi
913 N Market St Wilmington, DE	1.0–2.0	1.0–2.0	974	$1,985	$2.04	43d	5	0.84mi
547 Eastlawn Ave Wilmington, DE	3.0	1.0	1400	$1,995	$1.43	43d	1	0.84mi
1026 Bennett St Wilmington, DE	3.0	1.0	1125	$1,685	$1.50	1d	1	0.84mi
1004 N Spruce St Wilmington, DE	3.0	1.5	1075	$1,800	$1.67	18d	1	0.85mi
928 Kirkwood St Wilmington, DE	3.0	1.5	1150	$1,700	$1.48	17d	1	0.88mi
212 W 9th St Unit 204 Wilmington, DE	2.0	2.0	1671	$1,745	$1.04	5d	1	0.90mi
212 W 9th St Unit 204 Wilmington, DE	2.0	2.0	1671	$1,795	$1.07	43d	1	0.90mi
613 W 10th St Wilmington, DE	2.0	1.0	1100	$1,745	$1.59	43d	1	0.92mi
839 N Tatnall St Unit 101 Wilmington, DE	2.0	2.0	1211	$1,750	$1.45	5d	1	0.93mi
801 N Orange St Wilmington, DE	3.0	1.0–3.0	1118	$3,991	$3.57	2d	117	0.94mi
1301 N Harrison St Wilmington, DE	1.0–2.0	1.0	1050	$1,850	$1.76	5d	1	0.96mi
801 N Market St Unit 207 Wilmington, DE	2.0	2.0	1239	$1,895	$1.53	5d	1	0.96mi
1010 Trenton Pl Wilmington, DE	3.0	1.5	1475	$2,350	$1.59	16d	1	0.96mi
1207 Delaware Ave Wilmington, DE	2.0	1.0	1200	$1,700	$1.42	11d	1	0.98mi

Listing history 6 events

1. 2026-05-18
   status Pending 2432-char remark

   Show marketing remark (2432 chars)

   * * * Motivated Seller * * * Welcome to 2321 N Tatnall St, Wilmington, DE 19802, a fully renovated 3-bedroom, 1.5-bath home that blends a fresh modern feel with a layout built for real life. If you want a move-in-ready home where the updates are already done and the spaces feel open, bright, and welcoming, this one checks the boxes. As you walk in, you are greeted by a spacious living room that offers the flexibility you need. You have room for a full seating set, a media wall, and even a reading or play corner without feeling crowded. This is a space where you can host guests, relax after work, and enjoy daily life comfortably. The main level also includes a convenient powder room, perfectly placed for guests and everyday use. From the living room, the home opens up beautifully into the kitchen, creating an easy flow that makes the space feel connected and functional. The kitchen is a true highlight, designed for both style and practicality. The large island offers the perfect breakfast spot for busy mornings, a central place for meal prep, and an inviting area for family and friends to gather while you cook. The finishes and color choices throughout the home were selected to feel warm, clean, and welcoming, giving you a cohesive look from room to room. Upstairs, you will find three comfortable bedrooms that can adapt to your needs. Set up a private owner’s room, create a guest room, or design a home office space for remote work. The full bathroom is positioned to serve the bedrooms with ease, and the home’s updates give the entire second level a fresh, polished feel. Step outside to a fenced-in backyard that is ready for the moments you look forward to—picture summer barbecues, family gatherings, outdoor dining, and space for kids or pets to play. The fencing adds privacy, and the yard gives you a personal outdoor retreat right at home. Location matters, and this one makes daily life simple. You are close to shopping centers, everyday essentials, and major bus routes, providing convenient access throughout Wilmington. At the same time, the home sits on a quiet block, offering a more peaceful setting when you are ready to unwind. This is the kind of home you tour once and immediately picture yourself living in it. Fully renovated. Functional layout. Great kitchen. Private backyard. Convenient location. Book your tour today and experience 2321 N Tatnall St in person.

2. 2026-04-29
   price $225,000 2432-char remark

   Show marketing remark (2432 chars)

   * * * Motivated Seller * * * Welcome to 2321 N Tatnall St, Wilmington, DE 19802, a fully renovated 3-bedroom, 1.5-bath home that blends a fresh modern feel with a layout built for real life. If you want a move-in-ready home where the updates are already done and the spaces feel open, bright, and welcoming, this one checks the boxes. As you walk in, you are greeted by a spacious living room that offers the flexibility you need. You have room for a full seating set, a media wall, and even a reading or play corner without feeling crowded. This is a space where you can host guests, relax after work, and enjoy daily life comfortably. The main level also includes a convenient powder room, perfectly placed for guests and everyday use. From the living room, the home opens up beautifully into the kitchen, creating an easy flow that makes the space feel connected and functional. The kitchen is a true highlight, designed for both style and practicality. The large island offers the perfect breakfast spot for busy mornings, a central place for meal prep, and an inviting area for family and friends to gather while you cook. The finishes and color choices throughout the home were selected to feel warm, clean, and welcoming, giving you a cohesive look from room to room. Upstairs, you will find three comfortable bedrooms that can adapt to your needs. Set up a private owner’s room, create a guest room, or design a home office space for remote work. The full bathroom is positioned to serve the bedrooms with ease, and the home’s updates give the entire second level a fresh, polished feel. Step outside to a fenced-in backyard that is ready for the moments you look forward to—picture summer barbecues, family gatherings, outdoor dining, and space for kids or pets to play. The fencing adds privacy, and the yard gives you a personal outdoor retreat right at home. Location matters, and this one makes daily life simple. You are close to shopping centers, everyday essentials, and major bus routes, providing convenient access throughout Wilmington. At the same time, the home sits on a quiet block, offering a more peaceful setting when you are ready to unwind. This is the kind of home you tour once and immediately picture yourself living in it. Fully renovated. Functional layout. Great kitchen. Private backyard. Convenient location. Book your tour today and experience 2321 N Tatnall St in person.

3. 2026-03-26
   price $250,000 2432-char remark

   Show marketing remark (2432 chars)

   * * * Motivated Seller * * * Welcome to 2321 N Tatnall St, Wilmington, DE 19802, a fully renovated 3-bedroom, 1.5-bath home that blends a fresh modern feel with a layout built for real life. If you want a move-in-ready home where the updates are already done and the spaces feel open, bright, and welcoming, this one checks the boxes. As you walk in, you are greeted by a spacious living room that offers the flexibility you need. You have room for a full seating set, a media wall, and even a reading or play corner without feeling crowded. This is a space where you can host guests, relax after work, and enjoy daily life comfortably. The main level also includes a convenient powder room, perfectly placed for guests and everyday use. From the living room, the home opens up beautifully into the kitchen, creating an easy flow that makes the space feel connected and functional. The kitchen is a true highlight, designed for both style and practicality. The large island offers the perfect breakfast spot for busy mornings, a central place for meal prep, and an inviting area for family and friends to gather while you cook. The finishes and color choices throughout the home were selected to feel warm, clean, and welcoming, giving you a cohesive look from room to room. Upstairs, you will find three comfortable bedrooms that can adapt to your needs. Set up a private owner’s room, create a guest room, or design a home office space for remote work. The full bathroom is positioned to serve the bedrooms with ease, and the home’s updates give the entire second level a fresh, polished feel. Step outside to a fenced-in backyard that is ready for the moments you look forward to—picture summer barbecues, family gatherings, outdoor dining, and space for kids or pets to play. The fencing adds privacy, and the yard gives you a personal outdoor retreat right at home. Location matters, and this one makes daily life simple. You are close to shopping centers, everyday essentials, and major bus routes, providing convenient access throughout Wilmington. At the same time, the home sits on a quiet block, offering a more peaceful setting when you are ready to unwind. This is the kind of home you tour once and immediately picture yourself living in it. Fully renovated. Functional layout. Great kitchen. Private backyard. Convenient location. Book your tour today and experience 2321 N Tatnall St in person.

4. 2026-02-03
   listed $255,000 Active 2432-char remark

   Show marketing remark (2432 chars)

   * * * Motivated Seller * * * Welcome to 2321 N Tatnall St, Wilmington, DE 19802, a fully renovated 3-bedroom, 1.5-bath home that blends a fresh modern feel with a layout built for real life. If you want a move-in-ready home where the updates are already done and the spaces feel open, bright, and welcoming, this one checks the boxes. As you walk in, you are greeted by a spacious living room that offers the flexibility you need. You have room for a full seating set, a media wall, and even a reading or play corner without feeling crowded. This is a space where you can host guests, relax after work, and enjoy daily life comfortably. The main level also includes a convenient powder room, perfectly placed for guests and everyday use. From the living room, the home opens up beautifully into the kitchen, creating an easy flow that makes the space feel connected and functional. The kitchen is a true highlight, designed for both style and practicality. The large island offers the perfect breakfast spot for busy mornings, a central place for meal prep, and an inviting area for family and friends to gather while you cook. The finishes and color choices throughout the home were selected to feel warm, clean, and welcoming, giving you a cohesive look from room to room. Upstairs, you will find three comfortable bedrooms that can adapt to your needs. Set up a private owner’s room, create a guest room, or design a home office space for remote work. The full bathroom is positioned to serve the bedrooms with ease, and the home’s updates give the entire second level a fresh, polished feel. Step outside to a fenced-in backyard that is ready for the moments you look forward to—picture summer barbecues, family gatherings, outdoor dining, and space for kids or pets to play. The fencing adds privacy, and the yard gives you a personal outdoor retreat right at home. Location matters, and this one makes daily life simple. You are close to shopping centers, everyday essentials, and major bus routes, providing convenient access throughout Wilmington. At the same time, the home sits on a quiet block, offering a more peaceful setting when you are ready to unwind. This is the kind of home you tour once and immediately picture yourself living in it. Fully renovated. Functional layout. Great kitchen. Private backyard. Convenient location. Book your tour today and experience 2321 N Tatnall St in person.

5. 1998-06-26
   soldstatus $76,000
6. 1998-06-26
   soldstatus $76,000

ⓘ 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: $924 · $77/mo
• Projected year-2 tax: $1,114 · $93/mo
• Expected delta: +$191/yr (+$16/mo · 20.6%)

ⓘ 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 7/10 Severe 7 d/yr ≥103°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 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $63,900
• − Mortgage interest: −$12,603
• − Property taxes: −$924
• − Insurance: −$1,125
• − Repairs & maintenance: −$5,112
• − Management: −$5,112
• − Depreciation: −$6,545
• Taxable income: $32,478
• Est. tax owed @ 24.0%: −$7,795
• After-tax cash flow: $26,478/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

• Census place: Wilmington, DE
• County: New Castle County · 483,412 people
• City population: 173,480
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 26,051
• Household income: $53,812
• Rent vs Own: 51.5% rent · 48.5% own
• Severe rent burden: 1816.0

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: Predominantly Black (68%)
• Race & ethnicity: Black 68% White 20% Hispanic / Latino 7% Two or more races 5%
• Hispanic origin (detail): Puerto Rican 4%
• Common ancestry: Slovak 1% Romanian 1% Italian 1%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 92% English-only · Spanish 4% Arabic 0%

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: ▼ -296.47%
• Current HPI: 225.6613
• Rent YoY: ▲ 5.72%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• State GDP YoY: —
• F500 in state: 0

Price history

+196.1% since first listed

6 events — show timeline

• 2026-05-18 Pending — BRIGHT MLS
• 2026-04-29 Price Changed $225,000 BRIGHT MLS
• 2026-03-26 Price Changed $250,000 BRIGHT MLS
• 2026-02-03 Listed $255,000 BRIGHT MLS
• 1998-06-26 Sold (Public Records) $76,000 Public Records
• 1998-06-26 Sold (Public Records) $76,000 Public Records

Property tax history

+15.1%/yr

Latest (2024): $924 · +15.1% YoY. Source: county tax records.