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MLS: #DENC2107828, Listed By: Bruno Caputo, BHHS Fox & Roach-Greenville, Source:Bright MLS

1114 S Rodney Street

WILMINGTON, DE 19805
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Bed 2

Bed

Bath 0

Bath

Acres0.01

Acre(Lot)

This turn-key duplex is a low-maintenance, income-producing investment with positive cash flow. Both units have been recently renovated—the second-floor apartment in 2024 and the first-floor apartment in 2026 at a cost of $11,000—making it a strong opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Each unit has a private entrance, and both share access to the backyard. Street parking is available. The second-floor apartment currently rents for $1,175, and the newly renovated first floor is projected to rent for $1,290, for combined projected income of $2,465 per month. Tenants pay gas and electric, while the owner covers water. Owner expenses include the house meter at $20 per month and city water at approximately $90 per month, with total mo nthly expenses of $1,714 (principle $225,000 loan), interest, taxes, insurance, water, and house meter). This results in positive cash flow of approximately $700 per month. Located in a convenient Wilmington neighborhood close to major routes, shopping, and city amenities, this property offers reliable rental income with minimal upkeep. The adjacent property at 1112 S. Rodney is also available for sale. Licensed fee appraisal was done and appraised value is $250,000. Appraisal report is available upon request. All appointments require 24-hour notice.

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Detail Ic Property Details

Property Type : Residential Income

Price : $249,500

AD Id : 88860887

MLS Id : DENC2107828

Beds : 2

Lot Size : 0.01 Acre

Year Built : 1940

County : NEW CASTLE

Subdivision: Cleland Heights

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Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Exterior Entry, Full, Unfinished
  • Flooring Information

    Laminate
  • Roofing Information

    Rubber
  • Interior Features

    Ceiling Fan(s) Roof: Rubber Appliances: Gas Range, Gas Oven, Gas Water Heater, Refrigerator, Water Heater Window Features: Screens
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Natural Gas, Forced Air, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s), None

  • Building Information

    Year Built: 1940 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 17.00 x 10.00 Lot Size Acres: 0.01 Lot Size Source: Assessor Lot Size Square Feet: 435 Lot Description: Front Yard, Level, Back Yard

    Property Information

    Subdivision: CLELAND HEIGHTS Source Property Type: Residential Income Postal Code Plus 4: 4542 Property SubType: Duplex Property Age: 86

  • Listing Price Information

    Listing Price: $249500

  • Tax Information

    Parcel Number: 26-041.40-097 Tax Lot: 097 Tax Year: 2025 Annual Tax: $529

  • Parking Information

    On Street
    Homeowners Association Information
    Association Amenities: Playground Community Features: Sidewalks, Street Lights

  • Utility Information

    Natural Gas Available, Sewer Available, Water Available, Electricity Available
  • Location Information

    Direction: SOUTH ON BROOM STREET RIGHT ONTO ST. ELIZABETH STREET AND LEFT ONTO S. RODNEY TO 1114 WaterSource: Public Security Features: Fire Escape
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1110 W 6th Street, Wilmington, DE, 19805 $379,900 4 -- 2,190 2,190 SqFt
1220 W 4th Street, Wilmington, DE, 19805 $359,900 4 -- 2,275 2,275 SqFt
1301 W 4th Street, Wilmington, DE, 19805 $365,000 4 -- --
529 S Harrison Street, Wilmington, DE, 19805 $275,000 2 -- 1,615 1,615 SqFt
326 6th Avenue, Wilmington, DE, 19805 $415,000 4 -- 1,850 1,850 SqFt
505 N Rodney Street, Wilmington, DE, 19805 $379,900 4 -- 1,700 1,700 SqFt
209 N Broom Street, Wilmington, DE, 19805 $390,000 3 -- 2,200 2,200 SqFt
600 Homestead Road, Wilmington, DE, 19805 $260,000 4 -- 1,575 1,575 SqFt
1112 S Rodney Street, Wilmington, DE, 19805 $249,500 2 -- 680 680 SqFt
202 N Union Street, Wilmington, DE, 19805 $225,000 1 -- 1,650 1,650 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 07/31/2026 @ 17:27

MLS: DENC2107828 LISTED BY: Bruno Caputo, BHHS Fox & Roach-Greenville 302-571-8855 SOURCE: Bright MLS

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