709 E 26th St · Wilmington, DE 19802

$230,000

3 bd · 2.5 ba · 1,375 sqft · Townhouse public records · 5 Days on market

Built 2006 2,178 sqft lot $167/sqft · at area comps Est $224k · at est.

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Why this score? — see what drove the D 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 +14.4/30.0
• ARV discount +6.2/15.0
• DSCR +4.4/10.0
• Rent growth +3.9/5.0
• Livability +3.2/5.0
• Schools +3.1/10.0
• 1% rule +3.0/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 709 E. 26th Street. This lovely brick home features an open floorplan, 3 nice-sized bedrooms, patio, and detached garage! A covered front porch welcomes you to this home. Step inside to the open living & dining room, with plenty of space to gather and enjoy your everyday routine. Flow into the bright kitchen with access outside to the patio; ideal for grilling, outdoor dining, and relaxing. Finishing out the first level is a powder room for guests and convenient first-floor laundry. Upstairs, you will find three bedrooms and two full baths, including the master suite with en-suite bath. This home is situated close to several parks and accessible to major routes. Be sure to schedule a showing today!

Key facts

• Brick townhome
• Wood flooring
• Main living area

Tags

• BRICK TOWNHOME
• MAIN LIVING AREA
• WOOD FLOORING
• OPEN LAYOUT
• AMPLE CABINET STORAGE
• DURABLE COUNTERTOPS

Property features AI

Exterior

• Parking: Rear-entry detached garage; One garage space; Two off-street parking spaces; Total of three garage/parking spaces; Access via alley
• Utilities: Public water; Public sewer; Electric cooling fuel
• Home design: Interior townhouse/rowhouse; Fee simple ownership
• Construction: Mixed construction materials; Permanent foundation; Year built reported by assessor
• Exterior features: Tidal water not present; Other structures noted above and below grade

Interior

• Bedrooms: Three bedrooms on the upper level
• Bathrooms: Two full bathrooms on upper level; One half bathroom on main level
• Heating & cooling: Heat pump heating; Central air conditioning; Natural gas fuel for heating and hot water
• Interior features: No basement; Finished above-grade living area per assessor

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $230k.

Deal economics

• At list price, monthly cash flow is $46 ($551/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $184k (20.1% below list).
• Recommended offer: $184k (20.1% below list) — sets the bar for 1% rule.

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+, commute D, crime F.
• Brandywine School District (suburban): math 28% / reading 40% proficiency, ranked #11 of 26 in DE (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Carrcroft Elementary School (math 32% / reading 27%, grade F, #50 of 105 statewide, top 53%, 477 students, 0% FRL); Springer Middle School (math 24% / reading 40%, grade F, #15 of 36 statewide, top 40%, 797 students, 0% FRL); Brandywine High School (math 32% / reading 47%, grade F, #12 of 40 statewide, top 31%, 950 students, 0% FRL) — zoned schools average 0% FRL vs 38% district-wide (38 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+5.7%/yr); 132 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 41% of the median local income ($54k/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 $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.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 6y 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

• Climate carrying-cost: major flood risk; 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 $183,880 (20.1% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 0.80% ✗
• Cap rate: 6.53%
• Cash-on-cash: 0.86%
• DSCR: 1.04
• GRM: 10.4

CMA / ARV

• ARV (median comp): $223,732
• List price: $230,000
• Delta: 2.80%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
709 E 26th St	0.00mi	3/2.5	1,375 (0%)	1mo	$230,000	$167	99
2412 Lamotte St	0.25mi	3/1.0	1,275 (-7%)	0mo	$125,000	$98	70
24 W 30th St	0.35mi	3/2.0	1,478 (+8%)	0mo	$280,000	$189	69
2011 N West St	0.61mi	4/1.0 (+1)	1,375 (0%)	1mo	$135,000	$98	60
2321 N Tatnall St	0.42mi	3/1.5	1,525 (+11%)	1mo	$216,000	$142	58
305 W 21st St	0.66mi	3/1.5	1,450 (+6%)	1mo	$290,000	$200	56
2009 N Tatnall St	0.56mi	3/1.0	1,475 (+7%)	1mo	$170,000	$115	55
222 W 22nd St	0.59mi	3/2.5	1,525 (+11%)	1mo	$265,000	$174	54
1313 N Walnut St	0.70mi	2/1.0 (-1)	1,350 (-2%)	1mo	$155,000	$115	53
108 E 35th St	0.48mi	4/2.0 (+1)	1,525 (+11%)	1mo	$225,000	$148	52
125 W 20th St	0.61mi	3/1.0	1,500 (+9%)	1mo	$235,000	$157	50
2708 Thompson Pl	0.52mi	3/1.0	1,175 (-14%)	1mo	$215,000	$183	45

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: -12.3%
• Equity multiple: 0.55×
• Total profit: $-29,259
• Equity at exit: $34,294

10-year hold

• IRR: 0.1%
• Equity multiple: 1.01×
• Total profit: $375
• Equity at exit: $19,886

Cash invested: $64,400 (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: 132
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,839 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$105 /mo · $1,257/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $46

Break-even live

Break-even rent $1,781

Max offer price $230,000

Occupancy floor 92%

Sensitivity live

Price	-10% $176	-5% $111	+0% $46	+5% $-19	+10% $-84
Rent	-10% $-99	-5% $-27	+0% $46	+5% $119	+10% $191
Rate	-1.0pp $162	-0.5pp $104	base $46	+0.5pp $-14	+1.0pp $-74

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2705 Speakman Pl Wilmington, DE	3.0	1.5	1100	$1,975	$1.80	14d	1	0.08mi
103 E 24th St Unit 1 Wilmington, DE	3.0	1.0	1025	$1,795	$1.75	45d	1	0.22mi
2601 N Heald St Wilmington, DE	3.0	1.0	1025	$1,795	$1.75	0d	1	0.23mi
5 E 24th St Unit 1 Wilmington, DE	3.0	1.0	1150	$1,795	$1.56	45d	1	0.29mi
2518 N Tatnall St Wilmington, DE	4.0	1.5	1575	$1,995	$1.27	45d	1	0.33mi
918 E 17th St Unit 1 Wilmington, DE	3.0	1.0	1100	$1,795	$1.63	0d	1	0.39mi
3005 N West St Wilmington, DE	3.0	1.0	1176	$1,900	$1.62	26d	1	0.45mi
2401 N West St Wilmington, DE	4.0	1.0	1650	$1,900	$1.15	17d	1	0.46mi
125 W 23rd St Wilmington, DE	4.0	2.0	1672	$1,995	$1.19	45d	1	0.47mi
547 Eastlawn Ave Wilmington, DE	3.0	1.0	1400	$1,995	$1.43	45d	1	0.49mi
2923 N Washington St Wilmington, DE	3.0	1.0	1225	$1,600	$1.31	0d	1	0.51mi
3003 N Washington St Wilmington, DE	3.0	1.0	1250	$1,950	$1.56	45d	1	0.51mi
400 W 29th St Wilmington, DE	3.0	1.5	1125	$1,950	$1.73	45d	1	0.55mi
302 W 23rd St Unit 1 Wilmington, DE	2.0	1.0	1450	$1,295	$0.89	26d	1	0.58mi
306 W 23rd St Unit 1 Wilmington, DE	2.0	1.0	1475	$1,295	$0.88	26d	1	0.58mi
306 W 23rd St Unit 2 Wilmington, DE	2.0	1.0	1475	$1,295	$0.88	45d	1	0.58mi
306 Concord Ave Unit 2 Wilmington, DE	3.0	1.0	1100	$1,350	$1.23	45d	1	0.59mi
314 Concord Ave Unit 2 Wilmington, DE	2.0	1.0	1300	$1,295	$1.00	26d	1	0.60mi
517 W 26th St Unit NA Wilmington, DE	3.0	1.5	1344	$1,900	$1.41	26d	1	0.66mi
518 E 12th St Wilmington, DE	2.0	1.0	875	$1,425	$1.63	22d	1	0.69mi
1124 Clifford Brown Walk Wilmington, DE	2.0	1.0	1240	$1,625	$1.31	45d	1	0.74mi
409 W 20th St Unit 2 Wilmington, DE	2.0	1.0	1100	$1,500	$1.36	14d	1	0.74mi
409 W 20th St Unit 2 Wilmington, DE	2.0	1.0	1100	$1,700	$1.55	12d	1	0.74mi
1026 Bennett St Wilmington, DE	3.0	1.0	1125	$1,685	$1.50	0d	1	0.75mi
1004 N Spruce St Wilmington, DE	3.0	1.5	1075	$1,800	$1.67	20d	1	0.77mi
1217 N King St Wilmington, DE	3.0	1.5	1300	$2,145	$1.65	20d	1	0.78mi
605 E 10th St Wilmington, DE	3.0	1.0	1200	$1,850	$1.54	26d	1	0.79mi
928 Kirkwood St Wilmington, DE	3.0	1.5	1150	$1,700	$1.48	19d	1	0.82mi
507 Barrett St Wilmington, DE	3.0	1.0	1275	$1,700	$1.33	45d	1	0.83mi
604 W 20th St Unit 2 Wilmington, DE	2.0	1.0	900	$1,195	$1.33	26d	1	0.84mi
107 W 13th St Wilmington, DE	3.0	1.5	1325	$1,895	$1.43	45d	1	0.85mi
2 Colony Blvd Wilmington, DE	1.0–2.0	1.0–2.0	1112	$2,500	$2.25	0d	6	0.91mi
1001 N Orange St Wilmington, DE	1.0–2.0	1.0–2.0	833	$2,135	$2.56	0d	61	0.97mi
913 N Market St Wilmington, DE	1.0–2.0	1.0–2.0	974	$1,985	$2.04	45d	5	0.99mi
3408 Miller Rd Wilmington, DE	1.0–2.0	1.0–2.0	889	$1,775	$2.00	0d	8	1.02mi
116 W 9th St Wilmington, DE	1.0–2.0	1.0–2.0	813	$2,270	$2.79	0d	17	1.07mi
212 W 9th St Unit 204 Wilmington, DE	2.0	2.0	1671	$1,745	$1.04	7d	1	1.07mi
212 W 9th St Unit 204 Wilmington, DE	2.0	2.0	1671	$1,795	$1.07	45d	1	1.07mi
228 W 9th St Unit 201 Wilmington, DE	2.0	2.0	1031	$1,695	$1.64	46d	1	1.09mi
801 N Market St Unit 207 Wilmington, DE	2.0	2.0	1239	$1,895	$1.53	7d	1	1.09mi

Listing history 9 events

1. 2026-05-05
   status Pending 1261-char remark
2. 2026-04-30
   listed $230,000 Active 1261-char remark
3. 2022-01-13
   soldstatus $140,000
4. 2021-12-23
   soldstatus $175,000 Closed 725-char remark

   Show marketing remark (725 chars)

   Welcome to 709 E. 26th Street. This lovely brick home features an open floorplan, 3 nice-sized bedrooms, patio, and detached garage! A covered front porch welcomes you to this home. Step inside to the open living & dining room, with plenty of space to gather and enjoy your everyday routine. Flow into the bright kitchen with access outside to the patio; ideal for grilling, outdoor dining, and relaxing. Finishing out the first level is a powder room for guests and convenient first-floor laundry. Upstairs, you will find three bedrooms and two full baths, including the master suite with en-suite bath. This home is situated close to several parks and accessible to major routes. Be sure to schedule a showing today!

5. 2021-11-17
   status Pending 725-char remark

   Show marketing remark (725 chars)

   Welcome to 709 E. 26th Street. This lovely brick home features an open floorplan, 3 nice-sized bedrooms, patio, and detached garage! A covered front porch welcomes you to this home. Step inside to the open living & dining room, with plenty of space to gather and enjoy your everyday routine. Flow into the bright kitchen with access outside to the patio; ideal for grilling, outdoor dining, and relaxing. Finishing out the first level is a powder room for guests and convenient first-floor laundry. Upstairs, you will find three bedrooms and two full baths, including the master suite with en-suite bath. This home is situated close to several parks and accessible to major routes. Be sure to schedule a showing today!

6. 2021-11-12
   listed $160,000 Active 725-char remark

   Show marketing remark (725 chars)

   Welcome to 709 E. 26th Street. This lovely brick home features an open floorplan, 3 nice-sized bedrooms, patio, and detached garage! A covered front porch welcomes you to this home. Step inside to the open living & dining room, with plenty of space to gather and enjoy your everyday routine. Flow into the bright kitchen with access outside to the patio; ideal for grilling, outdoor dining, and relaxing. Finishing out the first level is a powder room for guests and convenient first-floor laundry. Upstairs, you will find three bedrooms and two full baths, including the master suite with en-suite bath. This home is situated close to several parks and accessible to major routes. Be sure to schedule a showing today!

7. 2020-01-27
   historical
8. 2020-01-07
   listed $145,000 Active
9. 2006-11-29
   soldstatus $129,050

ⓘ 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: $1,257 · $105/mo
• Projected year-2 tax: $1,295 · $108/mo
• Expected delta: +$39/yr (+$3/mo · 3.1%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 71% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 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: $22,066
• − Mortgage interest: −$12,884
• − Property taxes: −$1,257
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,765
• − Management: −$1,765
• − Depreciation: −$6,691
• Taxable loss: −$3,446
• Est. tax savings @ 24.0%: +$827
• After-tax cash flow: $1,378/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: Brandywine School District
• NCES district ID: 1001240
• Math proficiency: 28% ▼ -13.00%
• Reading proficiency: 40% ▼ -13.00%
• Median HH income: $68,743
• Composite: 31.27/100
• National rank: #6019
• State rank: #11 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

+78.2% since first listed

10 events — show timeline

• 2026-06-05 Sold (MLS) $230,000 BRIGHT MLS
• 2026-05-05 Pending — BRIGHT MLS
• 2026-04-30 Listed $230,000 BRIGHT MLS
• 2022-01-13 Sold (Public Records) $140,000 Public Records
• 2021-12-23 Sold (MLS) $175,000 BRIGHT MLS
• 2021-11-17 Pending — BRIGHT MLS
• 2021-11-12 Listed $160,000 BRIGHT MLS
• 2020-01-27 Listing Removed — BRIGHT MLS
• 2020-01-07 Listed $145,000 BRIGHT MLS
• 2006-11-29 Sold (Public Records) $129,050 Public Records

Property tax history

+2.2%/yr

Latest (2024): $1,257 · +10.2% YoY. Source: county tax records.