Skip main navigation
Sold for $425,000
  • $425,000

    315 Central Ave, Wilmington, DE 19805

    6beds
    --baths
    2,675sqft
    Duplex
    Built in 1930
    -- sqft lot
    $438,400 Zestimate®
    $159/sqft
    $1,557 Estimated rent

    Home value

    $438,400

    $399,000 - $478,000

    $1,557/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,557/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,557/mo

    Rent Zestimate®

    Refinance and save

    $2,609/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,609/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Modern updatesAll new appliancesMove-in ready
    This is a rare investment opportunity to acquire a well-maintained duplex at 315-317 Central Ave in Wilmington, DE, offering both immediate rental income and significant potential future income. With two 3-bedroom, 2-bathroom units, this property is perfectly designed for long-term investment, providing the ideal setup for renters or owners looking for spacious living. Unit 315 has been completely renovated and is move-in ready, featuring modern updates throughout, including all new appliances. This unit is currently vacant, making it an excellent opportunity for an owner-occupant or to attract new tenants right away. Unit 317 is currently occupied by a tenant under a lease that runs through June 2025, paying $1,440/month with the potential to increase up to $1,800/month once the lease allows, offering substantial potential future income. The property is strategically located in a desirable area of Wilmington, with easy access to local amenities, shopping, dining, and public transportation. The combination of a renovated, vacant unit and an occupied unit with an established tenant makes this duplex an exceptional and rare investment opportunity. Whether you're looking to add to your portfolio or explore a property that provides both immediate and long-term rental income, this is a prime opportunity. Don’t miss your chance to own this income-producing duplex in a growing market. Schedule a showing today and seize this rare opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rakan Abu-Zahra 302-245-7668,

    Keller Williams Realty Wilmington,

    Listing Team: First State Home Team, Co-Listing Agent: Mark Anthony Noel 302-761-0116,

    Keller Williams Realty Wilmington

    Bought with:

    Kelly Diaz, RS0036820

    Keller Williams Realty Wilmington

    Source: Bright MLS,MLS#: DENC2079084MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Other
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,675
    • Total interior livable area: 2,675 sqft

    Property

    Parking
    • Parking features: Asphalt, Other
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 9,147 Square Feet
    • Dimensions: 75.00 x 120.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 07038.30107
    • Zoning: NC5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Duplex
    Materials
    • Frame
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $159/sqft
    • Tax assessed value: $53,800
    • Annual tax amount: $1,875
    • Date on market: 4/11/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/20/2025Sold$425,000$159/sqft
    Source: Bright MLS #DENC2079084 Report a problem
    5/30/2025Pending sale$425,000$159/sqft
    Source: Bright MLS #DENC2079084 Report a problem
    4/15/2025Contingent$425,000$159/sqft
    Source: Bright MLS #DENC2079084 Report a problem
    4/15/2025Pending sale$425,000$159/sqft
    Source: Bright MLS #DENC2079084 Report a problem
    4/11/2025Listed for sale$425,000+102.4%$159/sqft
    Source: Bright MLS #DENC2079084 Report a problem
    1/13/2025Sold$210,000-26.3%$79/sqft
    Source: Public Record Report a problem
    11/25/2024Listed for sale$285,000+78.1%$107/sqft
    Source: Bright MLS #DENC2072448 Report a problem
    8/30/2022Sold$160,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $359,000 +567.3%
    2024$2,027 +12.2%$53,800
    2023$1,807 -0.6%$53,800
    2022$1,818 +0.1%$53,800
    2021$1,817 -0.3%$53,800
    2020$1,822 +0.3%$53,800
    2019$1,817 +3.1%$53,800
    2017$1,763 +4.8%$53,800
    2016$1,683 $53,800
    2015$1,683 +6.6%$53,800
    2014$1,578 $53,800
    2013-- $53,800
    2012-- $53,800
    2011-- $53,800
    2010-- $53,800
    2009-- $53,800
    2008-- $53,800
    2007-- $53,800
    2006-- $53,800
    2005-- $53,800 +5.3%
    2004-- $51,100
    2003-- $51,100
    2002-- $51,100
    2001-- $51,100
    Find assessor info on the county website

    Neighborhood: 19805

    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.

    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
    $438,400
    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
    $438,400