Turn key investment opportunity located in the City of Wilmington, this 3-bedroom, 1.1-bathroom property is a fantastic addition to any investor's portfolio. Situated close to shopping, dining, and public transportation, the home offers convenience for tenants and value for investors. The property is currently under rented to a long-term tenant at $1,050 per month, with the tenant expressing a strong desire to stay, ensuring immediate and steady cash flow. Inside, the main level features a spacious living room, a formal dining area, a functional kitchen, and a convenient half bath. Upstairs, you’ll find three well-sized bedrooms and a full bathroom. The unfinished basement provides ample storage space, further enhancing the property’s utility. Don’t miss this chance to secure a low-maintenance, income-generating property in a prime location!
Sold for $115,000
$115,000
1028 Chestnut St, Wilmington, DE 19805
3beds
1,625sqft
Townhouse
Built in 1900
1,307 Square Feet Lot
$118,200 Zestimate®
$71/sqft
$1,929 Estimated rent
Home value
$118,200
$106,000 - $132,000
$1,929/mo
Zestimate® history
Owner options
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$1,929/mo
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$1,929/mo
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$551/mo
Est. payment
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$551/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Chris Nolte 302-893-5893,
Coldwell Banker Realty,
Co-Listing Agent: Brent Applebaum 302-750-7677,
Coldwell Banker Realty
Bought with:
Sandra Massari, RS-0023749
RE/MAX Excellence - Kennett Square
Source: Bright MLS,MLS#: DENC2074514
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Hot Water, Oil
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,625
- Total interior livable area: 1,625 sqft
- Finished area above ground: 1,625
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1,307 Square Feet
- Dimensions: 17.00 x 65.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 26034.30742
- Zoning: 26R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Wilm #26
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $71/sqft
- Tax assessed value: $25,300
- Annual tax amount: $1,422
- Date on market: 1/15/2025
- Listing agreement: Exclusive Right To Sell
- Exclusions: Tenants Property
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2025 | Listing removed | $1,985$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/23/2025 | Listed for rent | $1,985$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/12/2025 | Sold | $115,000-4.1%$71/sqft |
Source:  Bright MLS #DENC2074514 Report a problem | ||
| 4/12/2025 | Pending sale | $119,900$74/sqft |
Source: Bright MLS #DENC2074514 Report a problem | ||
| 4/4/2025 | Listed for sale | $119,900$74/sqft |
Source: Bright MLS #DENC2074514 Report a problem | ||
| 3/8/2025 | Pending sale | $119,900$74/sqft |
Source: Bright MLS #DENC2074514 Report a problem | ||
| 2/28/2025 | Price change | $119,900-14.3%$74/sqft |
Source: Bright MLS #DENC2074514 Report a problem | ||
| 1/15/2025 | Listed for sale | $139,900+154.4%$86/sqft |
Source: Bright MLS #DENC2074514 Report a problem | ||
| 2/26/2020 | Sold | $55,000-6.8%$34/sqft |
Source: Public Record Report a problem | ||
| 1/8/2020 | Pending sale | $59,000$36/sqft |
Source: Coldwell Banker Preferred - Delaware Office #DENC479468 Report a problem | ||
| 11/20/2019 | Price change | $59,000-11.9%$36/sqft |
Source: Coldwell Banker Preferred - Delaware Office #DENC479468 Report a problem | ||
| 9/3/2019 | Price change | $67,000-4.1%$41/sqft |
Source: Coldwell Banker Preferred - Delaware Office #DENC479468 Report a problem | ||
| 5/31/2019 | Listed for sale | $69,900+31.9%$43/sqft |
Source: CB Preferred-Wilmington #DENC479468 Report a problem | ||
| 11/20/2003 | Sold | $53,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $203,700 +705.1% |
| 2024 | $933 +2.6% | $25,300 |
| 2023 | $909 +1% | $25,300 |
| 2022 | $900 +2.6% | $25,300 |
| 2021 | $877 +3% | $25,300 |
| 2020 | $851 +15% | $25,300 |
| 2019 | $741 +4.9% | $25,300 |
| 2017 | $706 -39.8% | $25,300 |
| 2016 | $1,173 | $25,300 |
| 2015 | $1,173 +6.8% | $25,300 |
| 2014 | $1,099 | $25,300 |
| 2013 | -- | $25,300 |
| 2012 | -- | $25,300 |
| 2011 | -- | $25,300 |
| 2010 | -- | $25,300 |
| 2009 | -- | $25,300 |
| 2008 | -- | $25,300 |
| 2007 | -- | $25,300 |
| 2006 | -- | $25,300 |
| 2005 | -- | $25,300 |
| 2004 | -- | $25,300 |
| 2003 | -- | $25,300 |
| 2002 | -- | $25,300 |
| 2001 | -- | $25,300 |
Find assessor info on the county website
Neighborhood: Hedgeville
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Nearby schools
GreatSchools rating
- 2/10The Bayard SchoolGrades: 1-8Distance: 0.4 mi
- 3/10Newark High SchoolGrades: 9-12Distance: 10.2 mi
Schools provided by the listing agent
- District: Christina
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$118,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$118,200
- Delaware
- New Castle County
- Wilmington
- 19805
- Hedgeville
- 1028 Chestnut St
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