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$549,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4,650 Sq. Ft.
  • 2 Car Garage
  • Updated 3 days ago
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Discover a rare and high-yield investment opportunity with this versatile multi-structure property situated on a single parcel in Wilmington's Cleland Heights. This unique setup features two distinct buildings, offering a great mix of four move-in ready renovations and significant value-add potential. The first structure is a two-story building housing two fully updated upper-level apartments and a large driveway offering plenty of off-street parking. These two-bedroom units feature top-to-bottom improvements, including durable LVP flooring, modern grey cabinetry, and bright white bathrooms, all supported by new 2023 HVAC systems and private in-unit laundry. Below them, a large lower-level space with existing bath presents a prime opportunity to build out a fifth unit (3-bed), a professional office, or functional garage bays. The second structure is a classic Cape Cod divided into a spacious two-bedroom unit on the main level and a three-bedroom unit on the 2nd floor. The upper unit features a private mudroom entrance, original solid hardwoods, and a kitchen with dark cabinetry, while the large lower unit has a fully renovated kitchen and an updated bathroom with marble tile surrounds. This unit can function as a 3-bed if desired by the tenants. Both Cape Cod units include their own laundry and fresh paint throughout. Further adding to the value, the Cape Cod building includes a full basement with separate gas boilers and separately metered electric, offering excellent storage or the potential for a sixth unit conversion. Whether you are looking for a solid house-hacking setup or a high-performing addition to your rental portfolio, this property delivers updated finishes and plenty of room to grow your equity in one package.

Full Property Details for 1131 S Broom St

General

  • Price: $549,900
  • Taxes: $2,806 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: DENC2095232
  • Updated: 1/13/2026
  • Added to Site: 6 day(s) ago

Rental Information

  • Lease Info: Long Term, Month to Month

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Flooring: Hardwood, Luxury Vinyl Plank

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 10
  • Parking Features: Concrete Driveway
  • Parking Type: On Street, Driveway, Attached Garage
  • Garage Description: Garage - Front Entry

Location

  • Area: Wilmington (30906)
  • County: NEW CASTLE
  • Subdivision: CLELAND HEIGHTS
  • Cross Streets: Maryland Ave
  • Driving Directions: GPS
  • City Limits: Yes

School Information

  • School District: Red Clay Consolidated

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Converted Dwelling, Cape Cod, Carriage House
  • Structure Type: Detached
  • Construction: Brick
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Full, Outside Entrance
  • Foundation: Brick/Mortar
  • Roof: Pitched, Shingle
  • Walls/Ceilings: Dry Wall
  • Stories/Levels: 3
  • Square Feet: 4,650
  • Sq. Ft. Source: Estimated
  • Living Area: 4,650 Sq. Ft.
  • Finished Above Grnd: 4,650 Sq. Ft.
  • Year Built: 1940
  • Year Built Source: Assessor
  • Property Condition: Excellent, Very Good

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Additional Structures

  • Other Structures: 2nd House

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,148
  • Lot Size Source: Assessor
  • Lot Dimensions: 66.60 x 123.50
  • Zoning: NC5

Financial Considerations

  • Price Per Sq. Ft.: $118.26
  • Assessment Year: 2025
  • School Tax: $2,258
  • City/TownTax: $4
  • City/TownTax Freq: Annually
  • County Tax: $494
  • County Tax Freq: Annually
  • Tax w/Assessment: $313,600
  • Tax Amount: $2,806
  • Tax Year: 2025
  • Owner Pays: Taxes - Real Estate, Insurance
  • Tax Total Finished Sq. Ft.: 2250

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 341
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1131 S Broom St —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1131 S Broom St

School District:Red Clay Consolidated School District
NameGradesDistance
Richardson Park Elementary School
16 Idella Avenue, Wilmington, DE 19804
K-51.3 mi
duPont (Alexis I.) Middle School
3130 Kennett Pike, Greenville, DE 19807
6-82.3 mi
McKean (Thomas) High School
301 McKennans Church Road, Wilmington, DE 19808
8-125.1 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 1131 S Broom St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/11/2026
Listed
$549,900
15.77%
MLS
1/27/2023
Sold
$475,000
—
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 1131 S Broom St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,526
452500%
$120,000
—
2023
$1
-100%
$120,000
—
2022
$4,055
—
$120,000
—
2021
$4,053
—
$120,000
—
2020
$4,064
3%
$120,000
—
2017
$3,933
5%
$120,000
—
2016
$3,754
-7%
$120,000
—
2019
$4,053
15%
$120,000
—
2015
$3,521
8%
$120,000
—
2014
$3,266
2%
$120,000
—
2013
$3,216
—
$120,000
—
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 1131 S Broom St

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

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NMLS#: 1598647

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1131 S Broom Street, Wilmington, DE 19805 (MLS# DENC2095232) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1131 S Broom Street is currently listed for $549,900 and was received on January 11, 2026. This property is listed by ShowTime Real Estate Team from our Wilmington Office.Want to learn more about 1131 S Broom Street? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

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