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Sold for $185,000
  • $185,000

    120 N Lincoln St, Wilmington, DE 19805

    2beds
    2baths
    1,300sqft
    Townhouse
    Built in 1920
    -- sqft lot
    $201,000 Zestimate®
    $142/sqft
    $1,589 Estimated rent

    Home value

    $201,000

    $181,000 - $223,000

    $1,589/mo

    Zestimate® history
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    What's special

    Newer water heaterCentral air conditioningNew flooringNew carpetingNew windowsNewer heaterOpen concept
    Welcome to 120 North Lincoln Street, a two unit apartment building. This is your chance to have someone else pay your mortgage, live in the first floor and rent the second floor. Also great for an investor to add to their portfolio or the new investor looking to start their portfolio with great cash flow. Both units have separate electric, separate heat and hot water. Walk into the first floor unit with an open concept. The living room boasts laminate floors with a nicely designed kitchen that has recently been renovated. The breakfast bar is the perfect spot for morning coffee for you or your new tenant. The bedroom has new carpeting and the bathroom has new flooring as well. There is direct access to the back yard which is fenced in for privacy. The second floor unit is currently occupied with a tenant that has been there for several years and would like to stay. The second floor unit has a newer heater in the unit as well as central air conditioning. It is a one bedroom apartment with an eat in kitchen. The bedroom is a nice sized room off of the generously sized living room. The building has lots of upgrades including some new windows, newer heaters, newer water heater. The first floor unit is currently not occupied, making it easy for you to place your new tenant at market rent or move in and let the second floor unit pay your mortgage. The exterior of the building has recently been painted and looks great. This is a great location close to shops, restaurants and parks.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erik Bashford 302-540-8048,

    EXP Realty, LLC,

    Co-Listing Agent: Eric Ray Foraker 302-685-8458,

    EXP Realty, LLC

    Bought with:

    Grace Mudrick, RB-0031438

    EMORY HILL REAL ESTATE SERVICES INC.

    Source: Bright MLS,MLS#: DENC2072032MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,300
    • Total interior livable area: 1,300 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Sidewalks
    • Pool features: None
    Lot
    • Size: 1,307 Square Feet
    • Dimensions: 14.00 x 81.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 26026.40284
    • Zoning: 26R-4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Frame, Brick
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Little Italy
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $142/sqft
    • Tax assessed value: $29,900
    • Annual tax amount: $1,368
    • Date on market: 11/18/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,FHA 203(b)
    • Exclusions: Tenants Personal Property
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/10/2025Sold$185,000-5.1%$142/sqft
    Source: Bright MLS #DENC2072032 Report a problem
    12/12/2024Contingent$195,000$150/sqft
    Source: Bright MLS #DENC2072032 Report a problem
    11/18/2024Listed for sale$195,000+387.5%$150/sqft
    Source: Bright MLS #DENC2072032 Report a problem
    7/12/2019Sold$40,000-27.3%$31/sqft
    Source: Public Record Report a problem
    3/25/2012Listing removed$55,000$42/sqft
    Source: Prudential Fox and Roach #5858273 Report a problem
    1/25/2012Price change$55,000-8.2%$42/sqft
    Source: Prudential Fox and Roach #5858273 Report a problem
    9/9/2011Price change$59,900-7.8%$46/sqft
    Source: Prudential Fox and Roach #5858273 Report a problem
    7/13/2011Price change$65,000+8.3%$50/sqft
    Source: Prudential Fox and Roach #5858273 Report a problem
    7/2/2011Listed for sale$60,000-14.3%$46/sqft
    Source: Prudential Fox and Roach #5858273 Report a problem
    4/15/2011Listing removed$70,000$54/sqft
    Source: Prudential Fox and Roach #5858273 Report a problem
    3/26/2011Listed for sale$70,000$54/sqft
    Source: Prudential Fox and Roach #5858273 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $132,000 +341.5%
    2024$933 +15.1%$29,900
    2023$811 -0.5%$29,900
    2022$815 +0.2%$29,900
    2021$813 -0.6%$29,900
    2020$818 -0.5%$29,900
    2019$822 +1.1%$29,900
    2017$813 -38.6%$29,900
    2016$1,325 $29,900
    2015$1,325 +4.6%$29,900
    2014$1,267 $29,900
    2013-- $29,900
    2012-- $29,900
    2011-- $29,900
    2010-- $29,900
    2009-- $29,900
    2008-- $29,900
    2007-- $29,900
    2006-- $29,900
    2005-- $29,900
    2004-- $29,900
    2003-- $29,900
    2002-- $29,900
    2001-- $29,900
    Find assessor info on the county website

    Neighborhood: Little Italy

    Nearby schools

    GreatSchools rating
    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
    $201,000
    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
    $201,000