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$309,777 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,275 Sq. Ft.
  • Updated 13 hours ago
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Calling all investors, contractors, and buyers looking for their next project! Don't miss this rare opportunity to own a sprawling 5-bedroom, 2.5-bath ranch in New Castle offering the convenience of one-floor living and an incredible amount of space. Homes of this size are hard to find in the area, making this an exceptional opportunity to renovate and build instant equity. Step inside to find a spacious floor plan featuring a large living room, formal dining room, kitchen, expansive family room, private office, and a convenient half bathroom. The generously sized primary suite includes its own en-suite bathroom, while four additional bedrooms and a full hall bathroom provide plenty of room for family, guests, or a home office setup. With its expansive footprint, functional layout, and endless possibilities, this home is the perfect canvas for your vision. Whether you're looking to renovate and resell, add to your investment portfolio, or create your dream home, the potential here is undeniable. Conveniently located near shopping, restaurants, major highways, and local amenities, this property offers both space and location. Bring your contractor and your imagination! Property is being sold strictly as-is. Schedule a showing today!

Full Property Details for 40 University Ave

General

  • Price: $309,777
  • Taxes: $1,000 (1998)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: DENC2105854
  • Updated: 6/25/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 14
  • Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/auPair/Suite, Other, Attic
  • Interior Features: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), 2nd Kitchen, Kitchen - Eat-In
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Brick

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Baths: 3
  • Main - Full Baths: 2
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Main & Up: 5

Exterior

  • Porch/Patio/Deck: Patio(s)

Parking

  • Parking Type: On Street, Driveway

Location

  • Area: New Castle/Red Lion/Del.City (30904)
  • County: NEW CASTLE
  • Subdivision: WILM MANOR GARDENS
  • Cross Streets: Rt 141
  • Driving Directions: GPS

School Information

  • School District: Colonial

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Oil
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV

Structural Information

  • Architectural Style: Ranch/Rambler
  • Structure Type: Detached
  • Construction: Vinyl Siding, Brick
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Full, Outside Entrance, Fully Finished
  • Foundation: Stone
  • Stories Description: Main
  • Square Feet: 2,275
  • Sq. Ft. Source: Estimated
  • Living Area: 2,275 Sq. Ft.
  • Finished Above Grnd: 2,275 Sq. Ft.
  • Year Built: 1949
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Lot Size Source: Estimated
  • Zoning: RESID
  • Lot Description: Level, Front Yard, Rear Yard

Financial Considerations

  • Price Per Sq. Ft.: $136.17
  • Tax Amount: $1,000
  • Tax Year: 1998

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Refrigerator, Washer

Listed by Real of Pennsylvania, Liam Coonahan

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Listing agent

— 40 University Ave —

  • Liam Coonahan

    Real of Pennsylvania

Listing Office Email: pabroker@onereal.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 University Ave

School District:Colonial School District, Delaware City, DE
NameGradesDistance
Wilmington Manor Elementary School
200 East Roosevelt Avenue, New Castle, DE 19720
K-50.7 mi
Read (George) Middle School
314 East Basin Road, New Castle, DE 19720
6-80.3 mi
Penn (William) High School
713 East Basin Road, New Castle, DE 19720
9-120.4 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 40 University Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/25/2026
Listed
$309,777
30.43%
MLS
2/10/2015
Sold
$237,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40 University Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,299
8%
$343,700
455%
2024
$2,125
-42%
$61,900
—
2023
$3,688
81%
$61,900
—
2022
$2,036
1%
$61,900
—
2021
$2,012
-1%
$61,900
—
2020
$2,024
9%
$61,900
—
2017
$1,856
-17%
$61,900
—
2016
$2,228
10%
$61,900
—
2019
$2,018
22%
$61,900
—
2015
$1,660
—
$61,900
—
2014
$1,662
84%
$61,900
—
2013
$905
—
$61,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 40 University Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Real of Pennsylvania, Liam Coonahan

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40 University Avenue, New Castle, DE 19720 (MLS# DENC2105854) is a Single Family property with 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 40 University Avenue is currently listed for $309,777 and was received on June 25, 2026. Want to learn more about 40 University Avenue? 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.

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