1127 Lancaster Avenue, Wilmington, DE 19805 - Photo 1

1/1

$130,000

Sold
Closed
Townhouse
3 Beds
1 Full Bath
1,075 Sq. Ft.

1/1

Property Description

INVESTOR ALERT! Prime Opportunity - Investment or Starter Home! Don't miss this excellent opportunity to own a 3-bedroom, 1-bath townhome with strong investment potential. Currently occupied by a long-term, month-to-month tenant who is open to staying-and aware that rent adjustments may occur under new ownership-this property offers immediate rental income. A New Roof was installed in 2024, and the Hot Water Heater and Furnace are only seven years old and have been serviced regularly. With a bit of TLC, there is significant upside in both property value and potential rental income. Similar homes in the area are generating rents between $1,200 and $1,500 per month, creating a path for increased cash flow. Located in a high-demand rental area, this home offers convenient access to shopping, dining, and major roadways-ideal for both tenants and future buyers. Whether you are an experienced investor or looking for your next project, this property is brimming with possibilities. Schedule your private showing today! Property is being sold As-Is.

Full Property Details

Full Property Details for 1127 Lancaster Ave

General

Sold For: $130,000
Taxes: $566 (2024)
Status: Closed
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: DENC2080906
Added to Site: 300 day(s) ago

Interior

Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Upper Floor Baths: 1
Upper - Full Baths: 1

Bedrooms

Total Bedrooms: 3
Bedrooms Upper: 3
Primary Bedroom: Primary Bedroom, Upper 1
Bedroom 1: Bedroom 2, Upper 1
Bedroom 2: Bedroom 3, Upper 1

Other Rooms

Living Room: Living Room, Main
Kitchen: Kitchen - Kitchen - Gas Cooking, Main
Dining Room: Dining Room, Main
Laundry: Main

Parking

Parking Type: On Street

Location

Area: Wilmington (30906)
County: New Castle
Development Name: Wilm #26
Subdivision: Wilm #26
Cross Streets: Harrison Street
Driving Directions: Use GPS
City Limits: Yes

School Information

School District: Red Clay Consolidated

Heating & Cooling

Cooling Type: Window Unit(s)
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Traditional
Architectural Style: Traditional
Structure Type: Interior Row/Townhouse
Construction: Brick
Basement: Yes
Basement Desc.: Full, Unfinished
Foundation: Stone
Stories/Levels: 0
Stories Description: Main, Upper 1
Square Feet: 1,075
Sq. Ft. Source: Assessor
Living Area: 1,075 Sq. Ft.
Finished Above Grnd: 1,075 Sq. Ft.
Year Built: 1900
Year Built Source: Assessor

Lot Features

Lot Size (Acres): 0.02
Lot Size (Sq. Ft.): 871
Lot Size Source: Assessor
Lot Dimensions: 16.00 x 60.00
Zoning: 26R-3

Financial Considerations

Price Per Sq. Ft.: $130.14
Assessment Year: 2024
School Tax: $298
City/TownTax: $240
City/TownTax Freq: Annually
County Tax: $28
County Tax Freq: Annually
Tax w/Assessment: $11,200
Tax Amount: $566
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1075

Disclosures and Reports

Ownership: Fee Simple
Exclusions: All Tenant's Personal Property
Lot Number: 501

Listed and Sold by Empower Real Estate, LLC, Ricky A Hagar

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code optional

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 1127 Lancaster Ave —

Ricky A Hagar

Empower Real Estate, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 1127 Lancaster Ave

School District:Red Clay Consolidated School District

Name	Grades	Distance
Lewis (William C.) Dual Language Elementary School 920 North Van Buren Street, Wilmington, DE 19806	K-5	0.5 mi
Skyline Middle School 2900 Skyline Drive, Wilmington, DE 19808	6-8	6.7 mi
duPont (Alexis I.) High School 50 Hillside Road, Wilmington, DE 19807	9-12	3.1 mi

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

Price & Sales History for 1127 Lancaster Ave

Date

Details

Price

Change

Source

5/30/2025

Sold

$130,000

-7.08%

MLS

5/02/2025

Listed

$139,900

—

MLS

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

8 Georgetown Rd, Penns Grove, NJ 08069 - Photo 1

Just Listed

$275,000

Open House

8 Georgetown Rd Penns Grove, NJ 08069

Single Family
Active
Updated 2 hours ago

3
Beds
2
Total Baths
1,708
Sq. Ft.

Listed by EXP Realty, LLC, Nicholas Versaggi

15 Walnut St, Penns Grove, NJ 08069 - Photo 1

Just Listed

$249,000

15 Walnut St Penns Grove, NJ 08069

Single Family
Active
Updated 6 days ago

4
Beds
1
Total Bath
1,334
Sq. Ft.

Listed by American Dream Realty of South Jersey, Karen Larsson-Flowers

38 Lea Rd, New Castle, DE 19720 - Photo 1

Just Listed

$264,999

38 Lea Rd New Castle, DE 19720

Single Family
Active
Updated 6 days ago

3
Beds
1
Total Bath
1,000
Sq. Ft.

Listed by Compass, Nigel James Pokoy and Compass, Stephen J Mottola

11 Castle Hill Dr, New Castle, DE 19720 - Photo 1

Just Listed

$280,000

11 Castle Hill Dr New Castle, DE 19720

Single Family
Active
Updated 3 hours ago

3
Beds
1
Total Bath
862
Sq. Ft.

Listed by Patterson-Schwartz-Dover, Mark J. Levering

213 Highland Blvd, New Castle, DE 19720 - Photo 1

Price Reduced

-$10,000 (-5%)

$190,000

213 Highland Blvd #44 New Castle, DE 19720

Condo
Active
Updated 1 day ago

2
Beds
2
Total Baths
855
Sq. Ft.

Listed by EXP Realty, LLC, Laura A Diaz

216 N Heron Circle, New Castle, DE 19720 - Photo 1

216 N Heron Circle New Castle, DE 19720

Single Family
Active
Updated 6 days ago

2,390
Sq. Ft.

Listed by Gregg Team Realty, Nicole M Strahorn

3101 New Castle Ave, New Castle, DE 19720 - Photo 1

Price Reduced

-$50,000 (-7.14%)

$650,000

3101 New Castle Ave New Castle, DE 19720

Commercial
Active

Listed by Crown Homes Real Estate, Robert Hoesterey and Crown Homes Real Estate, Cody Hoesterey

309 Hazlett Rd, New Castle, DE 19720 - Photo 1

Price Reduced

-$10,000 (-3.57%)

$269,900

309 Hazlett Rd New Castle, DE 19720

Single Family
Active
Updated 6 hours ago

3
Beds
1
Total Bath
975
Sq. Ft.

Listed by RE/MAX Associates-Hockessin, Brynn N Beideman and RE/MAX Associates-Hockessin, Charlene Williams

1127 Lancaster Avenue, Wilmington, DE 19805 (MLS# DENC2080906) is a Townhouse property that was sold at $130,000 on May 30, 2025. Want to learn more about 1127 Lancaster Avenue? Do you have questions about finding other Townhouse real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

1127 Lancaster Ave Wilmington, DE 19805