$249,500

1112 S RODNEY ST, Wilmington, DE 19805

  • 1,360 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $183/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

This turn-key duplex is a low-maintenance, income-producing investment with positive cash flow. Both units have been recently renovated—2024—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. Rents total $2,295/mo ($1120 & $1,175). 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 monthly expenses of $1878.00 (principle $225,000 loan), interest, taxes, insurance, water, and house meter). This results in positive cash flow of approximately $400 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 1114 S. Rodney is also available for sale. Licensed fee appraisal was done and appraised value is $250,000. Appraisal report is available upon request. Pictures are of 1114A S. Rodney All appointments require 24-hour notice.

Listing Status:
Active
Data Last Updated:
August 20, 2026 at 7:18AM
Listing Office:
BHHS Fox & Roach-Greenville : 3025718855
Listing Agent:
Bruno Caputo : 3024775500
MLS ID:
DENC2107700
  • General: Bathroom - Soaking Tub
  • Appliances: Oven/Range - GasRange Hood
  • Basement: Full
  • Flooring: Laminate plank
  • A/C: None
  • Heating: 90% Forced AirBaseboard - ElectricNatural GasElectric
  • Disability Feature: None
  • General: Fire EscapeSidewalksStreet LightsPlay AreaAbove GradeBelow Grade
  • Style: Other
  • Roofing: Rubber
  • Windows: ScreensStormDouble hung
  • General: BrickConcreteBrick/MortarConcrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: CHRISTINA
  • County: NEW CASTLE-DE
  • Zoning: 26R-226-041.40-096
  • Utilities: Electric availableNatural gas availableSewer availableWater availableCircuit breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Bruno Caputo , BHHS Fox & Roach-Greenville

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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