315 Central Avenue
WILMINGTON, DE 19805
- – beds
- – baths
- 2,675 sqft
- 9,147 sqft lot
- $158 per sqft
- 1930 build
This is a rare investment opportunity to acquire a well-maintained duplex at 315-317 Central Ave in Wilmington, DE, offering both immediate rental income and significant potential future income. With two 3-bedroom, 2-bathroom units, this property is perfectly designed for long-term investment, providing the ideal setup for renters or owners looking for spacious living. Unit 315 has been completely renovated and is move-in ready, featuring modern updates throughout, including all new appliances. This unit is currently vacant, making it an excellent opportunity for an owner-occupant or to attract new tenants right away. Unit 317 is currently occupied by a tenant under a lease that runs through June 2025, paying $1,440/month with the potential to increase up to $1,800/month once the lease allows, offering substantial potential future income. The property is strategically located in a desirable area of Wilmington, with easy access to local amenities, shopping, dining, and public transportation. The combination of a renovated, vacant unit and an occupied unit with an established tenant makes this duplex an exceptional and rare investment opportunity. Whether you're looking to add to your portfolio or explore a property that provides both immediate and long-term rental income, this is a prime opportunity. Don’t miss your chance to own this income-producing duplex in a growing market. Schedule a showing today and seize this rare opportunity.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 11, 2025
•
MLS# DENC2079084 —
The Building
-
Year Built:1930
-
Year Built Source:Assessor
-
New Construction:No
-
Construction Materials:Frame
-
Building Units Total:1
-
Structure Type:Detached
-
Architectural Style:Other
-
Accessibility Features:None
-
Foundation Details:Other
-
Total SqFt Source:Assessor
-
Total Below Grade SqFt Source:Assessor
-
Tax Total Finished SqFt:2675
Interior
-
Fireplace:No
-
Living Area SqFt Source:Assessor
Room Dimensions
-
Total SqFt:2675
-
Living Area SqFt:2,675 Sqft
Financial & Terms
-
Sale Type:Standard
-
Acceptable Financing:Conventional, Cash
-
Possession:0-30 Days CD, 61-90 Days CD
Location
-
Directions:From Kirkwood Hwy/ Rt 2 turn onto Central Ave
-
Latitude:39.73416000
-
Longitude:-75.61006000
The Property
-
Property Type:Multi-Family
-
Property Subtype:Duplex
-
Lot Size Units:Square Feet
-
Lot Size Acres:0.21
-
Lot Size Source:Assessor
-
Lot Size Dimensions:75.00 x 120.00
-
Lot Dimensions Source:Assessor
-
Lot SqFt:9,147 Sqft
-
Zoning:NC5
-
In City Limits:No
-
Other Structures:Above Grade, Below Grade
-
Waterview:No
-
Waterfront:No
-
Water Oriented:No
-
Water Access:No
-
Navigable Water:No
-
Tidal Water:No
-
Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 245-7668
- Office phone:
- (302) 299-1100
Taxes
-
Tax ID Number:07-038.30-107
-
Tax Year:2024
-
Tax Lot:107
-
Tax Annual Amount:$1,875
-
Tax Assessed Value:$53,800
-
Year Assessed:2024
-
School Tax:1442.0
-
County Tax:433.00
-
Total Taxes Payment Frequency:Annually
Heating & Cooling
-
Cooling Type:Central A/C
-
Central Air:Yes
-
Cooling Fuel:Other
-
Heating:Yes
-
Heating Type:Forced Air
-
Heating Fuel:Natural Gas
Utilities
-
Sewer/Septic:Public Sewer
-
Electric Service:100 Amp Service
-
Hot Water:Natural Gas
-
Water Source:Public
Schools
-
School District Name:Red Clay Consolidated
-
School District Source:Listing Agent
The Community
-
Pool:No Pool
Parking
-
Garage:No
-
Type of Parking:Other
-
Parking Features:Asphalt Driveway
Extra Units
-
Vacation Rental:No
-
Three Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/11/25
Apr 11, 2025
|
Listed / Active | BRIGHT | $425,000 |