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$310,000
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Property Description
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
Full Property Details for 40 University Ave
General
- Sold For: $310,000
- Taxes: $1,000 (1998)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: DENC2105854
- Added to Site: 65 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
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Refrigerator, Washer
Listed by Real of Pennsylvania, Liam Coonahan
Sold by RE/MAX Point Realty, Thomas Riccio
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Schools
Schools serving 40 University Ave
School District:Colonial School District, Delaware City, DE
| Name | Grades | Distance |
|---|---|---|
Wilmington Manor Elementary School 200 East Roosevelt Avenue, New Castle, DE 19720 | K-5 | 0.7 mi |
Read (George) Middle School 314 East Basin Road, New Castle, DE 19720 | 6-8 | 0.3 mi |
Penn (William) High School 713 East Basin Road, New Castle, DE 19720 | 9-12 | 0.4 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
Date
Details
Price
Change
Source
7/20/2026
Sold
$310,000
0.07%
MLS
6/25/2026
Listed
$309,777
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40 University Avenue, New Castle, DE 19720 (MLS# DENC2105854) is a Single Family property that was sold at $310,000 on July 20, 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.

