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For sale
  • Price cut: $5.5K (7/15)
    $179,500

    1616 W 5th St, Wilmington, DE 19805

    3beds
    870sqft
    : 
    $1,240/mo
    Get pre-qualified
    Townhouse
    Built in 1890
    900 Square Feet Lot
    $-- Zestimate®
    $206/sqft
    $-- HOA

    What's special

    All new appliancesHigh ceilingsAdditional storage spaceLaundry roomThree bedroomsNew lbf flooring
    Little Italy affordable competitively priced townhouse, circa 1890, Main level boasts high ceilings and new LBF flooring. Upper level has three bedrooms with updated full bathroom . The basement has laundry room and additional storage space. Natural light pours in through large windows and in kitchen overlooks nice sized fenced in yard. The kitchen has been updated including all new appliances, tile ample counter space and cabinetry . Enjoy the the neighborhood's many restaurants, and annual festival that this area is famous for.. Nearby parks. Bancroft Parkway, Woodlawn Library, close to shopping, and transportation. Don't miss the chance to make this affordable property your own. Home is an excellent investment and also is eligible for special financing for qualified first time home occupant homebuyers. Turn key ready !
    93 days
    |
    170
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Melloy 302-425-4900,

    Tesla Realty Group, LLC 8448375274

    Source: Bright MLS,MLS#: DENC2102184MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Forced Air, Natural Gas
      Cooling
      • Ceiling Fan(s), Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 870
      • Total interior livable area: 870 sqft
      • Finished area above ground: 870

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 900 Square Feet
      • Dimensions: 12 x 75
      Details
      • Additional structures: Above Grade
      • Parcel number: 26027.30053
      • Zoning: 26R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Block
      • Roof: Pitched
      Condition
      • New construction: No
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Little Italy
      HOA
      • Has HOA: No
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $206/sqft
      • Tax assessed value: $135,800
      • Annual tax amount: $1,380
      • Date on market: 5/2/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,1031 Exchange,Conventional,FHA
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,662/mo

        Price history

        DateEventPrice
        7/15/2026Price change$179,500-3%$206/sqft
        Source: Bright MLS #DENC2102184 Report a problem
        5/26/2026Price change$185,000-5.1%$213/sqft
        Source: Bright MLS #DENC2102184 Report a problem
        5/2/2026Listed for sale$195,000+680%$224/sqft
        Source: Bright MLS #DENC2102184 Report a problem
        9/14/2021Sold$25,000-58.3%$29/sqft
        Source: Public Record Report a problem
        9/28/2004Sold$60,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $135,800 +638%
        2024$574 +15.1%$18,400
        2023$499 -0.5%$18,400
        2022$501 +0.2%$18,400
        2021$500 -0.6%$18,400
        2020$503 -0.5%$18,400
        2019$506 +1.2%$18,400
        2017$500 -38.7%$18,400
        2016$815 $18,400
        2015$815 +4.6%$18,400
        2014$780 $18,400
        2013-- $18,400
        2012-- $18,400
        2011-- $18,400
        2010-- $18,400
        2009-- $18,400
        2008-- $18,400
        2007-- $18,400
        2006-- $18,400
        2005-- $18,400
        2004-- $18,400
        2003-- $18,400
        2002-- $18,400
        2001-- $18,400
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Little Italy

        Getting around

        87 / 100
        Very Walkable
        48 / 100
        Some Transit
        55 / 100
        Bikeable

        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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