221 Chestnut Street, New Castle, DE 19720 - Photo 1

1/1

$225,000

Sold
Closed
Single Family
1,125 Sq. Ft.

1/1

Property Description

Welcome to a fantastic duplex opportunity in the heart of historic Old New Castle. Located just steps from the waterfront, this property offers classic small-town charm with the convenience of walkable access to shops, dining, and scenic river views. Each unit is well-positioned for immediate rental potential and requires minimal renovations, making it an ideal addition to an investor's portfolio. The only remaining improvement needed is the installation of hardwired smoke detectors. Whether you're looking to generate rental income or invest in one of Delaware's most charming waterfront communities, this property offers strong potential in a highly desirable location.

Full Property Details

Full Property Details for 221 Chestnut St

General

Sold For: $225,000
Taxes: $1,738 (2025)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: DENC2096758
Added to Site: 119 day(s) ago

Rental Information

Lease Info: None

Interior

Flooring: Hardwood

Parking

Parking Type: On Street

Location

Area: New Castle/Red Lion/Del.City (30904)
County: NEW CASTLE
Driving Directions: See mapping feature
City Limits: Yes

School Information

School District: Colonial

Heating & Cooling

Cooling Type: None
Heating Type: Radiator
Heating Fuel: Natural Gas
Water Heater: Other

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional
Structure Type: Twin/Semi-Detached
Construction: Frame
Foundation: Permanent
Square Feet: 1,125
Sq. Ft. Source: Assessor
Living Area: 1,125 Sq. Ft.
Finished Above Grnd: 1,125 Sq. Ft.
Year Built: 1910
Year Built Source: Assessor
Property Condition: Excellent

Unit Information

Other Units: Unit 1

Lot Features

Lot Size (Acres): 0.04
Lot Size (Sq. Ft.): 1,742
Lot Size Source: Assessor
Lot Dimensions: 17.00 x 100.00
Zoning: 21HR

Financial Considerations

Price Per Sq. Ft.: $213.24
Assessment Year: 2025
School Tax: $1,025
City/TownTax: $609
City/TownTax Freq: Annually
County Tax: $104
County Tax Freq: Annually
Tax w/Assessment: $171,000
Tax Amount: $1,738
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1125

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 93

Listed by FSBO Broker, Lee F. Wolff
Sold by Compass, Robert A Blackhurst

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Listing agent

— 221 Chestnut St —

Lee F. Wolff

FSBO Broker

Listing Office Email: lwolff.selections@gmail.com

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Schools

Schools serving 221 Chestnut St

School District:Colonial School District, Delaware City, DE

Name	Grades	Distance
Downie (Carrie) Elementary School 1201 Delaware Street, New Castle, DE 19720	K-5	0.9 mi
McCullough (Calvin R. ) Middle School 20 Chase Avenue, New Castle, DE 19720	6-8	2.4 mi
Penn (William) High School 713 East Basin Road, New Castle, DE 19720	9-12	1.2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 221 Chestnut St

Date

Details

Price

Change

Source

5/06/2026

Sold

$225,000

-6.21%

MLS

3/13/2026

Price Reduced

$239,900

-4%

MLS

2/05/2026

Listed

$249,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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221 Chestnut Street, New Castle, DE 19720 (MLS# DENC2096758) is a Single Family property that was sold at $225,000 on May 06, 2026. Want to learn more about 221 Chestnut Street? Do you have questions about finding other Single Family real estate for sale in New Castle? You can browse all New Castle real estate or contact a Coldwell Banker agent to request more information.

221 Chestnut St New Castle, DE 19720