This turn-key duplex is a low-maintenance, income-producing investment with positive cash flow. Both units have been recently renovated—2024—making it a strong opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Each unit has a private entrance, and both share access to the backyard. Street parking is available. Rents total $2,295/mo ($1120 & $1,175). Tenants pay gas and electric, while the owner covers water. Owner expenses include the house meter at $20 per month and city water at approximately $90 per month, with total monthly expenses of $1878.00 (principle $225,000 loan), interest, taxes, insurance, water, and house meter). This results in positive cash flow of approximately $400 per month. Located in a convenient Wilmington neighborhood close to major routes, shopping, and city amenities, this property offers reliable rental income with minimal upkeep. The adjacent property at 1114 S. Rodney SOLD on 9/4/26 for $250,000 Licensed fee appraisal was done and appraised value is $250,000. Appraisal report is available upon request. Pictures are of 1114A S. Rodney All appointments require 24-hour notice.
For sale
$249,500
1112 S Rodney St, Wilmington, DE 19805
2beds
2baths
1,360sqft
Duplex
Built in 1940
-- sqft lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
Private entranceStreet parking
- 99 days
- 278
- 27
Zillow last checked:
Listing updated:
Listed by:
Bruno Caputo 302-477-5500,
BHHS Fox & Roach-Greenville (302) 571-8855
Source: Bright MLS,MLS#: DENC2107700
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Basement
- Area: 680
Heating
- Forced Air, Baseboard, Natural Gas, Electric
Cooling
- None
Appliances
- Included: Oven/Range - Gas, Range Hood, Refrigerator, Gas Water Heater
- Laundry: None
Features
- Soaking Tub, Dry Wall
- Flooring: Laminate
- Doors: Storm Door(s)
- Windows: Screens, Storm Window(s), Double Hung
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,040
- Total interior livable area: 1,360 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Sidewalks, Street Lights, Play Area
- Pool features: None
Lot
- Size: 2,178 Square Feet
- Dimensions: 28 x 82
- Features: Level, Urban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 26041.40096 & 07039.20338
- Zoning: 26R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Brick, Concrete
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Rubber
Condition
- Very Good,Excellent
- New construction: No
- Year built: 1940
- Major remodel year: 2025
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s), Fire Escape
- Subdivision: Cleland Heights
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $42,000
- Annual tax amount: $2,494
- Date on market: 7/30/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Inclusions: Gas Range & Refrigerator
- Exclusions: Tenants' Personal Belongings
- Ownership: Fee Simple
- Total actual rent: 27600
- Income includes: Apartment Rentals
- Road surface type: Black Top
Estimated market value
Not available
Estimated sales range
Not available
$1,530/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $249,500$183/sqft |
Source:  Bright MLS #DENC2107700 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $372 +4949% | $42,000 +20900% |
| 2024 | $7 +2.6% | $200 |
| 2023 | $7 +1% | $200 |
| 2022 | $7 +2.6% | $200 |
| 2021 | $7 +3% | $200 |
| 2020 | $7 +15% | $200 |
| 2019 | $6 -2.5% | $200 |
| 2017 | $6 -35.3% | $200 |
| 2016 | $9 | $200 |
| 2015 | $9 +150.1% | $200 |
| 2014 | $4 | $200 |
| 2013 | -- | $200 |
| 2012 | -- | $200 |
| 2011 | -- | $200 |
| 2010 | -- | $200 |
| 2009 | -- | $200 |
| 2008 | -- | $200 |
| 2007 | -- | $200 |
| 2006 | -- | $200 |
| 2005 | -- | $200 |
| 2004 | -- | $200 |
| 2003 | -- | $200 |
| 2002 | -- | $200 |
| 2001 | -- | $200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 19805
Nearby schools
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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