One-of-a-kind multifamily property solidly built in 1977 by the current owner. This property is gigantic and is NOT located within the city limits. There are currently 3 units with separate electric meters as follows. Main Floor 3BR, 2-1/2 ba unit was occupied by the owner and was not rented, and is currently vacant. The main floor unit and the walkout finished basement both with multiple entryways are enormous and have the potential to be divided into additional apartments. Amenities include 4 Off Street parking spaces. Inside could use some cosmetic updates to brighten up the rooms. The exterior pitched roof has been replaced and the home has real Stucco, not synthetic. Two separate lockable storage units for tenants. The house is on a quiet dead-end street. This is a tremendous opportunity for a savvy investor.
Sold for $395,000
$395,000
110 E Fortieth St, Wilmington, DE 19802
6beds
--baths
3,750sqft
Triplex
Built in 1977
-- sqft lot
$466,200 Zestimate®
$105/sqft
$2,167 Estimated rent
Home value
$466,200
$429,000 - $508,000
$2,167/mo
Zestimate® history
Owner options
List your home for rent
$2,167/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,167/mo
Rent Zestimate®
Refinance and save
$2,378/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,378/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
David Harrell 302-351-1499,
Long & Foster Real Estate, Inc.
Bought with:
Jen Lee, RS-0023453
BHHS Fox & Roach-Greenville
Source: Bright MLS,MLS#: DENC2046566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 3,750
- Total interior livable area: 3,750 sqft
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 40.00 x 107.50
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 06144.00139
- Zoning: NC5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex
Materials
- Other
- Foundation: Block
- Roof: Pitched
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Penn Rose
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $112,000
- Annual tax amount: $3,962
- Date on market: 7/31/2023
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2023 | Sold | $395,000-1%$105/sqft |
Source:  Bright MLS #DENC2046566 Report a problem | ||
| 9/25/2023 | Pending sale | $399,000$106/sqft |
Source: Bright MLS #DENC2046566 Report a problem | ||
| 9/9/2023 | Contingent | $399,000$106/sqft |
Source: Bright MLS #DENC2046566 Report a problem | ||
| 8/21/2023 | Price change | $399,000-11.1%$106/sqft |
Source: Bright MLS #DENC2046566 Report a problem | ||
| 7/31/2023 | Listed for sale | $449,000$120/sqft |
Source: Bright MLS #DENC2046566 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $479,200 +327.9% |
| 2024 | $4,372 +24.7% | $112,000 |
| 2023 | $3,506 -1.3% | $112,000 |
| 2022 | $3,553 -2.7% | $112,000 |
| 2021 | $3,651 +0% | $112,000 |
| 2020 | $3,649 +0.3% | $112,000 |
| 2019 | $3,640 +6.5% | $112,000 |
| 2017 | $3,416 +3.3% | $112,000 |
| 2016 | $3,308 | $112,000 |
| 2015 | $3,308 | $112,000 |
| 2014 | -- | $112,000 |
| 2013 | -- | $112,000 |
| 2012 | -- | $112,000 |
| 2011 | -- | $112,000 |
| 2010 | -- | $112,000 |
| 2009 | -- | $112,000 |
| 2008 | -- | $112,000 |
| 2007 | -- | $112,000 +4.6% |
| 2006 | -- | $107,100 |
| 2005 | -- | $107,100 |
| 2004 | -- | $107,100 |
| 2003 | -- | $107,100 |
| 2002 | -- | $107,100 |
| 2001 | -- | $107,100 |
Find assessor info on the county website
Neighborhood: Edgemoor
Nearby homes
- $--1 bd1 ba-- sqft110 E 40th St, Wilmington, DE 19802Off Market
- $--2 bd2 ba2k sqft110 E 40th St #1A, Wilmington, DE 19802Off Market
- $--1 bd1 ba651 sqft110 E 40th St #3, Wilmington, DE 19802Off Market
- $--1 bd1 ba750 sqft110 E 40th St #2, Wilmington, DE 19802Off Market
- $173,7002 bd1 ba700 sqft115 E 39th St, Wilmington, DE 19802Off Market
- $42,300-- bd-- ba-- sqft121 E 39th St, Wilmington, DE 19802Off Market
- $425,0003 bd3 ba2k sqft108 E 39th St, Wilmington, DE 19802New Construction
- $350,0003 bd3 ba2.4k sqft109 E 40th St, Wilmington, DE 19802Sold
Nearby schools
GreatSchools rating
- 2/10Harlan (David W. ) Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10duPont (Pierre S.) Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Brandywine High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- District: Brandywine
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
$466,200
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
$466,200
- Delaware
- New Castle County
- Wilmington
- 19802
- Edgemoor
- 110 E Fortieth St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Wilmington Topics
