Welcome to a fantastic duplex opportunity in the heart of historic Old New Castle. Located just steps from the waterfront, this property offers classic small-town charm with the convenience of walkable access to shops, dining, and scenic river views. Each unit is well-positioned for immediate rental potential and requires minimal renovations, making it an ideal addition to an investor's portfolio. The only remaining improvement needed is the installation of hardwired smoke detectors. Whether you're looking to generate rental income or invest in one of Delaware's most charming waterfront communities, this property offers strong potential in a highly desirable location.
Sold for $225,000
$225,000
221 Chestnut St, New Castle, DE 19720
2beds
--baths
1,125sqft
Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$200/sqft
$1,685 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,685/mo
Zestimate® history
Owner options
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$1,685/mo
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$1,685/mo
Rent Zestimate®
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$1,079/mo
Est. payment
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$1,079/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Lee Wolff 717-461-7201,
FSBO Broker
Bought with:
Bob Blackhurst, RS-0022776
Compass
Source: Bright MLS,MLS#: DENC2096758
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,125
- Total interior livable area: 1,125 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,742 sqft
- Dimensions: 17.00 x 100.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 21015.00093
- Zoning: 21HR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Frame
- Foundation: Permanent
Condition
- Excellent
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 150 Amps
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: New Castle
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $225,000-6.2%$200/sqft |
Source:  Bright MLS #DENC2096758 Report a problem | ||
| 3/25/2026 | Pending sale | $239,900$213/sqft |
Source: Bright MLS #DENC2096758 Report a problem | ||
| 3/13/2026 | Price change | $239,900-4%$213/sqft |
Source: Bright MLS #DENC2096758 Report a problem | ||
| 2/5/2026 | Listed for sale | $249,900+96.8%$222/sqft |
Source: Bright MLS #DENC2096758 Report a problem | ||
| 1/29/2026 | Sold | $127,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $171,000 +424.5% |
| 2024 | $936 +10.6% | $32,600 |
| 2023 | $846 -3.8% | $32,600 |
| 2022 | $879 +1.5% | $32,600 |
| 2021 | $866 -1% | $32,600 |
| 2020 | $875 -0.6% | $32,600 |
| 2019 | $881 +9.2% | $32,600 |
| 2017 | $806 | $32,600 |
| 2016 | -- | $32,600 |
| 2015 | -- | $32,600 |
| 2014 | $705 | $32,600 |
| 2013 | -- | $32,600 |
| 2012 | -- | $32,600 |
| 2011 | -- | $32,600 |
| 2010 | -- | $32,600 |
| 2009 | -- | $32,600 |
| 2008 | -- | $32,600 |
| 2007 | -- | $32,600 |
| 2006 | -- | $32,600 |
| 2005 | -- | $32,600 |
| 2004 | -- | $32,600 |
| 2003 | -- | $32,600 |
| 2002 | -- | $32,600 |
| 2001 | -- | $32,600 |
Find assessor info on the county website
Neighborhood: 19720
Nearby schools
GreatSchools rating
- 2/10Downie (Carrie) Elementary SchoolGrades: K-5Distance: 0.9 mi
- 1/10McCullough (Calvin R. ) Middle SchoolGrades: 6-8Distance: 2.4 mi
- 2/10Penn (William) High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Colonial
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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- Delaware
- New Castle County
- New Castle
- 19720
- 221 Chestnut St
Nearby cities
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