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Sold for $537,500
  • $537,500

    1405/1407 Banning St, Wilmington, DE 19805

    4beds
    --baths
    2,700sqft
    Quadruplex
    Built in 1942
    -- sqft lot
    $549,700 Zestimate®
    $199/sqft
    $1,633 Estimated rent

    Home value

    $549,700

    $495,000 - $616,000

    $1,633/mo

    Zestimate® history
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    $1,633/mo

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    $1,633/mo

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    $3,175/mo

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    $3,175/mo

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    What's special

    Well maintained 4 unit building 1 block from St Elizabeth high school, Sale of property also includesd1396 Banning street that provides parking across street for up to 6 cars , additional income from rental of parking spots, Long term tenants in place xtended leases thru march 2026, recent updates include composite deck,replacement windows and minor painting Dont mis the opportunity to own nicest 4 unit in area.//4 - 1 bdrm units, range, refrigerator, washer, dryer 2 window ac units included in each unit/ subject good condition/ 2outside entrance to basements/

    Zillow last checked:

    Listing updated:

    Listed by:

    Bob Jebsen 410-241-0292,

    Real-Trust-Associates, LLC.

    Bought with:

    Dan Davis, RS-279868

    RE/MAX Point Realty

    Source: Bright MLS,MLS#: DENC2078446MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 1360
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Bathroom - Tub Shower, Combination Kitchen/Dining, Floor Plan - Traditional
    • Flooring: Vinyl
    • Basement: Interior Entry,Side Entrance
    • Has fireplace: No
    Interior area
    • Total structure area: 4,060
    • Total interior livable area: 2,700 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Free, Private, Off Site
    Accessibility
    • Accessibility features: Accessible Hallway(s)
    Features
    • Patio & porch: Deck, Porch
    • Exterior features: Sidewalks
    • Pool features: None
    • Has view: Yes
    • View description: Street
    • Frontage length: Road Frontage: 53
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 53 x 109
    • Features: Level, Middle Of Block
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2604140038/2604140037
    • Zoning: 26-R2
    • Zoning description: Multi-family
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Quadruplex
    Materials
    • Brick, Concrete, Mixed Plumbing
    • Foundation: Block
    • Roof: Built-Up,Flat,Rubber
    Condition
    • Good
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Natural Gas Available, Electricity Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Fire Escape
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $78,400
    • Annual tax amount: $4,605
    • Date on market: 3/26/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Inclusions: Each Unit -washer Dryer, 2 Ac Window Units
    • Ownership: Fee Simple
    • Total actual rent: 48300
    • Income includes: Parking
    • Road surface type: Black Top

    Price history

    DateEventPrice
    5/21/2025Sold$537,500-3.8%$199/sqft
    Source: Bright MLS #DENC2078446 Report a problem
    4/3/2025Pending sale$559,000$207/sqft
    Source: Bright MLS #DENC2078446 Report a problem
    3/26/2025Listed for sale$559,000$207/sqft
    Source: Bright MLS #DENC2078446 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Saint Elizabeth Area

    Nearby schools

    GreatSchools rating
    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
    $549,700
    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
    $549,700