Rare investment opportunity! Well-maintained duplex located in a highly desirable Wilmington rental market where multi-family properties seldom become available. Each unit features 2 bedrooms, 1 bath, living room, and kitchen with dining area. Long-term tenants with excellent rental histories would like to stay, providing immediate income and stability. Current gross annual rental income is $21,300, with potential for future rent increases. Property also offers a detached 2-car garage, additional storage space, private rear parking for 2 vehicles, and ample street parking. An excellent opportunity for investors seeking reliable income and future appreciation in a high-demand location.
For sale
$280,000
633 Homestead Rd, Wilmington, DE 19805
4beds
2baths
1,575sqft
:
Get pre-qualified$1,858/mo
Townhouse
Built in 1960
-- sqft lot
$-- Zestimate®
$178/sqft
$-- HOA
What's special
Additional storage spaceAmple street parkingKitchen with dining area
- 44 days |
- 395 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Jessica Stiner 302-312-8463,
RE/MAX Edge 3024424200
Source: Bright MLS,MLS#: DENC2105952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Refrigerator, Cooktop, Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,575
- Total interior livable area: 1,575 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Faces Rear, Attached, Driveway
- Attached garage spaces: 2
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,049 Square Feet
- Dimensions: 20.20 x 150.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 07043.20091
- Zoning: NC5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick, Asbestos
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Alban Park
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $264,000
- Annual tax amount: $2,317
- Date on market: 6/25/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 21300
Estimated market value
Not available
Estimated sales range
Not available
$2,128/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $280,000+211.1%$178/sqft |
Source:  Bright MLS #DENC2105952 Report a problem | ||
| 6/10/2019 | Sold | $90,000-5.3%$57/sqft |
Source: Public Record Report a problem | ||
| 3/20/2019 | Listed for sale | $95,000+11.8%$60/sqft |
Source: RE/MAX Premier Properties #DENC417724 Report a problem | ||
| 1/28/2016 | Sold | $85,000-14.9%$54/sqft |
Source: Public Record Report a problem | ||
| 5/14/2015 | Listed for sale | $99,900+11%$63/sqft |
Source: RE/MAX SUNVEST REALTY #6573287 Report a problem | ||
| 12/4/2008 | Sold | $90,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $264,000 +540.8% |
| 2024 | $1,522 +13.4% | $41,200 |
| 2023 | $1,343 -1.2% | $41,200 |
| 2022 | $1,359 +0% | $41,200 |
| 2021 | $1,359 -0.3% | $41,200 |
| 2020 | $1,363 +0.2% | $41,200 |
| 2019 | $1,361 +3.3% | $41,200 |
| 2017 | $1,318 +4.7% | $41,200 |
| 2016 | $1,259 | $41,200 |
| 2015 | $1,259 +6.7% | $41,200 |
| 2014 | $1,179 | $41,200 |
| 2013 | -- | $41,200 |
| 2012 | -- | $41,200 |
| 2011 | -- | $41,200 |
| 2010 | -- | $41,200 |
| 2009 | -- | $41,200 |
| 2008 | -- | $41,200 |
| 2007 | -- | $41,200 |
| 2006 | -- | $41,200 |
| 2005 | -- | $41,200 |
| 2004 | -- | $41,200 |
| 2003 | -- | $41,200 |
| 2002 | -- | $41,200 |
| 2001 | -- | $41,200 |
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.Climate risks
Neighborhood: 19805
Nearby schools
GreatSchools rating
- 3/10Richardson Park Elementary SchoolGrades: K-5Distance: 0.9 mi
- 1/10duPont (Alexis I.) Middle SchoolGrades: 6-8Distance: 2.8 mi
- 3/10Dickinson (John) High SchoolGrades: 6-12Distance: 5.4 mi
Schools provided by the listing agent
- Elementary: Richardson Park
- High: John Dickinson
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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