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Sold for $210,000
  • $210,000

    505 N Lincoln St, Wilmington, DE 19805

    1beds
    --sqft
    Townhouse
    Built in 1944
    1,600 Square Feet Lot
    $213,500 Zestimate®
    $--/sqft
    $1,520 Estimated rent

    Home value

    $213,500

    $192,000 - $237,000

    $1,520/mo

    Zestimate® history
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    What's special

    Versatile commercial spaceWell-maintained one-bedroom apartmentGenerous natural lightSpacious great roomOpen-concept layout
    Mixed-Use Opportunity in the Heart of Wilmington’s Little Italy. 505 N Lincoln is an excellent opportunity to run your business on the first floor while generating additional income from the second. This C-2 commercially zoned property offers excellent flexibility for a variety of business and professional uses. The first floor provides a versatile commercial space perfect for retail, office, or service-based businesses. Upstairs, the second floor features a well-maintained one-bedroom apartment with an open-concept layout. The kitchen flows into a spacious great room, creating a bright and adaptable living environment. A full bathroom and generous natural light complete the residential unit, which is currently occupied and generating rental income. Whether you're an owner-occupant or investor, this property offers strong potential in a vibrant neighborhood with excellent visibility and proximity to downtown Wilmington, Trolley Square, the hotspots on Union Street and major transportation routes.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Pantano 302-888-0300,

    Pantano Real Estate Inc

    Bought with:

    Mike Walton, RS-0023785

    BHHS Fox & Roach - Hockessin

    Source: Bright MLS,MLS#: DENC2086818MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Primary Bedroom
    Primary bedroom
    • Level: Unspecified
    Heating
    • Other
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Wood, Vinyl
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 1,600 Square Feet
    Details
    • Additional structures: Above Grade
    • Parcel number: 26026.20126
    • Zoning: C2
    • Zoning description: Property is zoned C2.
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Stone
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1944

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

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

    Financial & listing details

    • Tax assessed value: $290,300
    • Annual tax amount: $3,057
    • Date on market: 7/30/2025
    • Listing agreement: Exclusive Agency
    • Inclusions: Any Owner Owned Appliances
    • Exclusions: Any Tenant Owned Personal Property
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/14/2025Sold$210,000-4.5%
    Source: Bright MLS #DENC2086818 Report a problem
    10/26/2025Pending sale$219,900
    Source: Bright MLS #DENC2086818 Report a problem
    7/30/2025Listed for sale$219,900+120.1%
    Source: Bright MLS #DENC2086818 Report a problem
    1/1/2017Listing removed$99,900
    Source: Alliance Realty #6800434 Report a problem
    5/26/2016Listed for sale$99,900-33.4%
    Source: Alliance Realty #6800434 Report a problem
    10/6/2010Listing removed$150,000
    Source: Coldwell Banker Preferred #5590220 Report a problem
    2/28/2010Listed for sale$150,000
    Source: Coldwell Banker Preferred #5590220 Report a problem

    Public tax history

    Tax history is unavailable.

    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
    $213,500
    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
    $213,500