505 N RODNEY STREETWILMINGTON, DE 19805

Multi-Family · 1,700 Sq. ft. | 0.05 Acres
$379,900 ACTIVE

505 N RODNEY STREET Overview

Time on Site:
126 days
Visits:
10

AGENTS PLEASE SEE ALARM INSTRUCTIONS. Welcome Home! Built in 1910, this twin/semi-detached brick home boasts a spacious 1,700 sq. ft. layout, offering 2 separate units with 2 Bedrooms and one bath each. There is ample room for potential rental income or multi-generational living. The full basement provides additional storage or the possibility for future expansion, enhancing the property's value. With on-street parking available, convenience is at your doorstep, making it an attractive option for tenants seeking accessibility. This property is not just a home; it's a canvas for your investment dreams. The classic design and solid construction materials ensure durability, while the inviting atmosphere creates a sense of comfort that tenants will appreciate. The surrounding neighborhood offers a vibrant community feel, ideal for attracting long-term renters. Investors will find the potential for strong returns in this well-located property, with the opportunity to capitalize on the growing demand for rental units in the area. Whether you choose to renovate and increase rental rates or maintain the current charm, this property is poised for success. Seize the chance to add this gem to your portfolio and enjoy the benefits of a stable investment in a desirable location. Your future in real estate starts here!

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505 N RODNEY STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,700
  • Price/Sq.ft. $223
  • Lot 0.05 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1700
  • Year Built: 1910

Location/Region

  • Country: US
  • County: NEW CASTLE
  • County Or Parish: NEW CASTLE
  • In City Limits: Yes
  • MLS Area Major: Wilmington (30906)

Parking Information

  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 1389.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 160.00
  • County Tax Payment Frequency: Annually
  • School Tax: 2654.00
  • Tax Annual Amount: $4,203.00
  • Tax Assessed Value: 371200.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • School District Name: RED CLAY CONSOLIDATED
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: 26R-3

Unit Information

  • Other Units: Unit 1,Unit 1,Unit 1

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Twin/Semi-Detached

Building Interior

  • Above Grade Finished Area: 1700
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Living Area: 1700
  • Living Area Source: Assessor

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 2

Exterior

Lot Information

  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2178.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Contemporary, Colonial
  • Construction Materials: Brick

General Information

  • Number Of Units Leased: 0
  • Number Of Units Total: 2
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Utilities: Cable TV Available
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2

Unit 2 Details

  • Unit Type: Unit 1
  • Beds Total: 2

Unit 3 Details

  • Unit Type: Unit 1

505 N RODNEY STREET Neighborhood

Community

19805 (WILMINGTON) Demographics

35
Median Age
7,153
Population Density (per sq. mile)
27%
College Educated
$47,300
Estimated Median Income
8,107
Estimated Total Home Owners
7,036
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

505 N RODNEY STREET Monthly Cost

$
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

505 N RODNEY STREET Market Data

Based on the last 30 days in this zip code

$270,077
Average List Price
$176
Average Price per Square Foot
26
Properties Sold
61
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

505 N RODNEY STREET History

Date Event Value Agent
3/20/2026Source: BRIGHT MLS Price Reduction
$379,900 -2.6%
2/24/2026Source: BRIGHT MLS Added to Database
February 24, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 11, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 11, 2021
Listing provided courtesy of Tesla Realty Group, LLC- MLS# DENC2097622MLS ProviderContact Information: [email protected] - 8448375274