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sales rep | Brivity IDX

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1112 S Rodney St , Wilmington, DE 19805
$249,500
Est. Payment: $1,364.47/mo
2 Bed
2 Bath
1360 Sqft
0.05 Acres
Status: active | Days on site: 94
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61018 - 3129941
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House 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 SOLD on 9/4/26 for $250,000 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.

Highlights

Listed by Bruno Caputo , 3024775500 BHHS Fox & Roach-Greenville , 3025718855. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.05

Year Built

1940

County

New Castle

Area

Wilmington (30906)

Neighborhood

Cleland Heights

School District

Christina

Listing ID

DENC2107700

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Oven/Range - Gas, Range Hood, Refrigerator
Floor:Laminate Plank
Above Ground Sq Ft:1360
Basement:Full
Other:
  • ▪ Additional:Bathroom - Soaking Tub
Water:Public

Exterior Features

Lot:Level,Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:28X82
Zoning:26R-2
Roof:Rubber
Others:
  • ▪ Additional:Fire Escape, Sidewalks, Street Lights, Play Area, Very Good, Excellent
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,364
Taxes
$208

Home Price

$249,500

Loan Details

30 yrs
7.271%

Down Payment

20%
$49,900
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,364.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,364.47 $207.83 $0.00 $1,572.30
Yearly $16,373.62 $2,494.00 $0.00 $18,867.62
Total $491,208.50 $74,820.00 $0.00 $566,028.50
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Wilmington, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T03:13:49.000Z

© 2026 Bright MLS