INVESTOR ALERT! Prime Opportunity – Investment or Starter Home! Don’t miss this excellent opportunity to own a 3-bedroom, 1-bath townhome with strong investment potential. Currently occupied by a long-term, month-to-month tenant who is open to staying—and aware that rent adjustments may occur under new ownership—this property offers immediate rental income. A New Roof was installed in 2024, and the Hot Water Heater and Furnace are only seven years old and have been serviced regularly. With a bit of TLC, there is significant upside in both property value and potential rental income. Similar homes in the area are generating rents between $1,200 and $1,500 per month, creating a path for increased cash flow. Located in a high-demand rental area, this home offers convenient access to shopping, dining, and major roadways—ideal for both tenants and future buyers. Whether you are an experienced investor or looking for your next project, this property is brimming with possibilities. Schedule your private showing today! Property is being sold As-Is.
Sold for $130,000
$130,000
1127 Lancaster Ave, Wilmington, DE 19805
3beds
1,075sqft
Townhouse
Built in 1900
871 Square Feet Lot
$136,300 Zestimate®
$121/sqft
$1,679 Estimated rent
Home value
$136,300
$114,000 - $158,000
$1,679/mo
Zestimate® history
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$623/mo
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Zillow last checked:
Listing updated:
Listed by:
Rick Hagar 302-738-2300,
Empower Real Estate, LLC
Bought with:
Rick Hagar, 5000686
Empower Real Estate, LLC
Source: Bright MLS,MLS#: DENC2080906
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry
Primary bedroom
- Level: Upper
- Area: 176 Square Feet
- Dimensions: 16 x 11
Bedroom 2
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 10 x 11
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11 x 10
Dining room
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16 x 10
Kitchen
- Features: Kitchen - Gas Cooking
- Level: Main
- Area: 176 Square Feet
- Dimensions: 11 x 16
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 8 x 9
Living room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16 x 11
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
- Laundry: Laundry Room
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,075
- Total interior livable area: 1,075 sqft
- Finished area above ground: 1,075
- 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: 871 Square Feet
- Dimensions: 16.00 x 60.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 26034.30501
- Zoning: 26R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Stone
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: $121/sqft
- Tax assessed value: $11,200
- Annual tax amount: $566
- Date on market: 5/2/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: All Tenant's Personal Property
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $130,000-7.1%$121/sqft |
Source:  Bright MLS #DENC2080906 Report a problem | ||
| 5/19/2025 | Pending sale | $139,900$130/sqft |
Source: Bright MLS #DENC2080906 Report a problem | ||
| 5/2/2025 | Listed for sale | $139,900+113.6%$130/sqft |
Source: Bright MLS #DENC2080906 Report a problem | ||
| 1/5/2011 | Listing removed | $65,500$61/sqft |
Source: Re/Max Sunvest Realty #5629274 Report a problem | ||
| 6/11/2010 | Price change | $65,500-3%$61/sqft |
Source: Re/Max Sunvest Realty #5629274 Report a problem | ||
| 4/15/2010 | Price change | $67,500-3.4%$63/sqft |
Source: Re/Max Sunvest Realty #5629274 Report a problem | ||
| 1/16/2010 | Price change | $69,900-3.6%$65/sqft |
Source: Re/Max Sunvest Realty #5629274 Report a problem | ||
| 1/9/2010 | Listed for sale | $72,500+202.1%$67/sqft |
Source: Re/Max Sunvest Realty #5629274 Report a problem | ||
| 7/21/2009 | Sold | $24,000-19.2%$22/sqft |
Source: Public Record Report a problem | ||
| 5/15/2009 | Price change | $29,700-10%$28/sqft |
Source: foreclosure.com Report a problem | ||
| 4/22/2009 | Listed for sale | $33,000$31/sqft |
Source: foreclosure.com Report a problem | ||
| 2/23/2009 | Listing removed | $33,000$31/sqft |
Source: foreclosure.com Report a problem | ||
| 2/9/2009 | Listed for sale | $33,000-60.8%$31/sqft |
Source: foreclosure.com Report a problem | ||
| 1/13/2009 | Sold | $84,134$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $159,400 +1323.2% |
| 2024 | $349 +15.1% | $11,200 |
| 2023 | $304 -0.5% | $11,200 |
| 2022 | $305 +0.2% | $11,200 |
| 2021 | $305 -0.6% | $11,200 |
| 2020 | $306 -0.5% | $11,200 |
| 2019 | $308 -1% | $11,200 |
| 2017 | $311 -37.3% | $11,200 |
| 2016 | $496 | $11,200 |
| 2015 | $496 +138.9% | $11,200 |
| 2014 | $208 | $11,200 |
| 2013 | -- | $11,200 |
| 2012 | -- | $11,200 |
| 2011 | -- | $11,200 |
| 2010 | -- | $11,200 |
| 2009 | -- | $11,200 |
| 2008 | -- | $11,200 |
| 2007 | -- | $11,200 |
| 2006 | -- | $11,200 |
| 2005 | -- | $11,200 |
| 2004 | -- | $11,200 |
| 2003 | -- | $11,200 |
| 2002 | -- | $11,200 |
| 2001 | -- | $11,200 |
Find assessor info on the county website
Neighborhood: Hilltop
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Lewis (William C.) Dual Language Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10duPont (H.B.) Middle SchoolGrades: 6-8Distance: 7.8 mi
- 4/10duPont (Alexis I.) High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- District: Red Clay Consolidated
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
$136,300
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
$136,300
- Delaware
- New Castle County
- Wilmington
- 19805
- Hilltop
- 1127 Lancaster Ave
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