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$159,000 Just Listed
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Property Description
1302 Cypress Ave is a fantastic opportunity for both investors and owner-occupants looking to build long-term wealth through real estate. This 2-bedroom, 1-bath home features a functional layout, a full unfinished basement, and off-street parking for two vehicles in the rear. With only light cosmetic updates and minor repairs needed, it's an ideal buy-and-hold rental with strong cash flow potential. For owner-occupants, this is a chance to stop paying rent, build equity, and potentially have a lower monthly payment than renting. Live in the home while making improvements at your own pace, then convert it into a rental and continue growing your real estate portfolio. Conveniently located near shopping, restaurants, downtown Wilmington, and major highways. Sold As-Is. Seller will make no repairs.
Full Property Details
Full Property Details for 1302 Cypress Ave
General
- Price: $159,000
- Taxes: $1,750 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: DENC2107668
- Updated: 7/22/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Floor Plan - Open
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Upper: 2
Parking
- Parking Type: On Street, Off Street
Location
- Area: Wilmington (30906)
- County: NEW CASTLE
- Subdivision: ELSMERE GARDENS
- Driving Directions: See mapping feature
- 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: Oil
- Water Heater: Oil, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Concrete, Stick Built
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation: Permanent
- Stories Description: Main, Upper 1
- Square Feet: 720
- Sq. Ft. Source: Estimated
- Living Area: 720 Sq. Ft.
- Finished Above Grnd: 720 Sq. Ft.
- Year Built: 1942
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Assessor
- Lot Dimensions: 18.00 x 110.00
- Zoning: 19R2
Financial Considerations
- Price Per Sq. Ft.: $220.83
- Assessment Year: 2025
- School Tax: $1,381
- City/TownTax: $231
- City/TownTax Freq: Annually
- County Tax: $138
- County Tax Freq: Annually
- Tax w/Assessment: $191,700
- Tax Amount: $1,750
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 188
Listed by FSBO Broker, Lee Franklin Wolff
Get Pre-Approved Today
Schools
Schools serving 1302 Cypress Ave
School District:Red Clay Consolidated School District
| Name | Grades | Distance |
|---|---|---|
Baltz (Austin D.) Elementary School 1500 Spruce Avenue, Wilmington, DE 19805 | PK-5 | 0.6 mi |
Stanton Middle School 1800 Limestone Road, Wilmington, DE 19804 | 6-8 | 3 mi |
McKean (Thomas) High School 301 McKennans Church Road, Wilmington, DE 19808 | 8-12 | 3.7 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 1302 Cypress Ave
Date
Details
Price
Change
Source
7/22/2026
Listed
$159,000
—
MLS
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
Tax History for 1302 Cypress Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$191,700
486%
2024
$1,073
15%
$32,700
—
2023
$934
—
$32,700
—
2022
$935
3%
$32,700
—
2021
$909
-1%
$32,700
—
2020
$914
-1%
$32,700
—
2017
$921
5%
$32,700
—
2016
$874
-5%
$32,700
—
2019
$922
14%
$32,700
—
2015
$811
9%
$32,700
—
2014
$741
2%
$32,700
—
2013
$730
—
$32,700
—
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
Estimate the Cost for 1302 Cypress Ave
1302 Cypress Avenue, Wilmington, DE 19805 (MLS# DENC2107668) is a Townhouse property with 2 bedrooms and 1 full bathroom. 1302 Cypress Avenue is currently listed for $159,000 and was received on July 22, 2026. Want to learn more about 1302 Cypress 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.

