1112 S RODNEY ST Wilmington, DE 19805
1,360 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $183
Subdivision Cleland Heights
MLS Listing ID DENC2107700
Style Other
Abv Grd Liv Area 1,360
Year Built 1940
Annual Tax Amount $2,494
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 28X82
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
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.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-2
Rooms
Basement Full
Interior
Interior Features Bathroom - Soaking Tub
Hot Water Natural Gas
Cooling None
Flooring Laminate Plank
Inclusions GAS RANGE & REFRIGERATOR
Equipment Oven/Range - Gas, Range Hood, Refrigerator
Fireplace N
Window Features Screens,Storm,Double Hung
Appliance Oven/Range - Gas, Range Hood, Refrigerator
Heat Source Natural Gas, Electric
Laundry None
Exterior
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Rubber
Street Surface Black Top
Accessibility None
Road Frontage City/County
Garage N
Private Pool No
Building
Lot Description Level
Foundation Brick/Mortar, Concrete Perimeter
Above Ground Finished SqFt 1360
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Christina
Others
Tax ID 26-041.40-096 & 07-039.20-338
Ownership Fee Simple
SqFt Source 1360
Security Features Smoke Detector,Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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