Property

Wilmington, DE 19805 612 Homestead Road

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Presented By: Long & Foster Real Estate, Inc.
  • MLS# DENC2085560
  • 07/10/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Garage • 1

Home Details

Turnkey Duplex Cash Flow from Day One! Welcome to 612 Homestead Road, a rare and desirable multi-family investment opportunity featuring two well-maintained 2-bedroom, 1-bath units, both currently occupied with stable tenants. This property offers a solid foundation of monthly income with room for growth. Theres opportunity to increase cash flow over time, making this a smart buy-and-hold investment. Recent updates include high-efficiency HVAC systems and water heaters, with one unit just replaced keeping long-term maintenance costs down. The lower level offers an excellent opportunity to install coin-operated laundry machines, creating an additional income stream and increasing your return on investment. Whether youre an experienced investor or just entering the market, this property checks all the boxes: strong rental income, low maintenance, and upside potential. Opportunities like this dont come up often so schedule your private tour today and start building wealth with 612 Homestead Road.
Presented By: Long & Foster Real Estate, Inc.

Interior Features for 612 Homestead Road

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 612 Homestead Road

Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleOther
CityWILMINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingNone
CountyNEW CASTLE
DirectionsUse GPS directions for 612 Homestead Road
Garage Spaces1.00
Garage Y/NYes
HeatingForced Air
Legal SubdivisionALBAN PARK
Lot Size Square Feet3049.00
Lot Size UnitsSquare Feet
MLS AreaElsmere/Newport/Pike Creek (30903)
ModificationTimestamp2025-07-11T13:38:46
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionImmediate, 0-30 Days CD
Price Per Sq Ft Total AG158.67
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictRED CLAY CONSOLIDATED
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameALBAN PARK
Tax Annual Amount1398.0
Tax Assessed Value42400.0
Tax Lot073
Tax Year2021
Total SQFT1575
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1965
Year Built SourceEstimated
ZoningNC5

Exterior for 612 Homestead Road

# of Attached Garage Spaces1
Foundation DetailsSlab
Garage FeaturesGarage - Rear Entry, Inside Access
Land Assessed Value7100.00
Land Use Code
Lot Size Acres0.07
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces1
Type of ParkingAttached Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

William Hernandez

Associate
Price $249,900
MLS#DENC2085560
List Date 07/10/2025
Property Type Multi-Family
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