138 Lower Oak Street, Wilmington, DE 19805 - Photo 1

1/1

$92,500

Sold
Closed
Townhouse
3 Beds
2 Full Baths
1,150 Sq. Ft.

1/1

Property Description

Investor Alert! Here's your chance to get great value on a fix-and-flip or fix-and-hold rental property in the city, located in the popular Browntown community of Wilmington, Delaware. In the last year alone, similar homes within 0.25 miles have sold for between $83,000 and $261,000. Priced at 43 percent of the New Castle county assessed value it could be a great ROI. In this area within a half a mile renter averaging about $1.32 a square foot. Contact the listing agent for full details. This oversized end-unit home offers a solid block and stucco exterior, a fenced yard, and plenty of on-street parking - checking the boxes for value-minded investors. The corner-style entrance opens to a spacious living room with windows on both sides, filling the space with natural light. This room is large enough to divide into separate living and dining areas. Toward the back, the eat-in kitchen offers generous space. You can clean up what's there or start fresh - your choice. Beyond the kitchen is a combined mudroom and laundry area, as well as the first FULL bathroom on the main floor with a stand-up shower. Upstairs, you'll find three bedrooms, including a very roomy front bedroom with double closets. A second FULL bathroom is also located on this level, along with two additional bedrooms with great light. Out back, there's a private back yard with a chain-link fence and rear alley access - a convenient perk of the corner lot. The basement houses the oil burner, water heater, and main electric panel, and offers additional space for storage or projects. A Bilco door provides walk-out access to the sidewalk for convenience. The roof is believed to be under 10 years old, but the condition of systems and appliances is unknown. The property needs a full renovation and is being sold STRICTLY AS_IS. Agents and their buyers: please use caution during showings, as the home is cluttered and may have signs of prior critter activity. Buyer is responsible for clean-out, and inspections will be for informational purposes only with no termination rights. This is a fantastic opportunity in a sought-after location with easy access to downtown Wilmington, the Riverfront, and major highways - a smart addition to any investor's portfolio. MULTIPLE OFFERS Offer deadline: midnight Sunday, October. 5 The sellers will respond to offers as soon as possible

Full Property Details

Full Property Details for 138 Lower Oak St

General

Sold For: $92,500
Taxes: $1,742 (2025)
Status: Closed
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: DENC2089914
Added to Site: 113 day(s) ago

Interior

Number of Rooms: 8
Rooms/Areas: Living Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
Interior Features: Bathroom - Stall Shower, Breakfast Area, Combination Dining/Living, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space
Appliances: Built-In Range, Refrigerator, Washer, Water Heater
Flooring: Wood

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Upper Floor Baths: 1
Upper - Full Baths: 1
Main Floor Baths: 1
Main - Full Baths: 1

Bedrooms

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

Other Rooms

Living Room: Living Room, Main
Kitchen: Kitchen, Main
Laundry: Has Laundry, Main

Exterior

Exterior Features: Sidewalks

Parking

Parking Type: On Street

Location

Area: Wilmington (30906)
County: New Castle
Development Name: Browntown
Subdivision: Browntown
Cross Streets: Brown
Driving Directions: From Jackson street turn right onto Maryland Ave then left onto lower Oak
Direction Faces: Northwest
Location Details: Downtown
City Limits: Yes

School Information

School District: Christina
Middle School: Bayard
High School: Glasgow

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
Utility Description: Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available

Structural Information

Architectural Info: Colonial
Architectural Style: Colonial
Structure Type: End of Row/Townhouse
Construction: Brick, Masonry, Stucco
Basement: Yes
Basement Desc.: Full, Interior Access, Unfinished, Walkout Stairs, Workshop
Foundation: Brick/Mortar, Stone
Roof: Flat
Walls/Ceilings: Plaster Walls
Stories/Levels: 0
Stories Description: Lower 1, Main, Upper 1
Square Feet: 1,150
Sq. Ft. Source: Assessor
Living Area: 1,150 Sq. Ft.
Finished Above Grnd: 1,150 Sq. Ft.
Year Built: 1900
Year Built Source: Assessor
Property Condition: Major Rehab Needed, Below Average

Lot Features

Property View: City
Lot Size (Acres): 0.02
Lot Size (Sq. Ft.): 871
Lot Size Source: Assessor
Lot Dimensions: 13.00 x 72.00
Lot Features: Level, Rear Yard
Zoning: 26R-3
Lot Description: Level, Rear Yard

Financial Considerations

Price Per Sq. Ft.: $80.43
Assessment Year: 2025
School Tax: $1,165
City/TownTax: $517
City/TownTax Freq: Annually
County Tax: $60
County Tax Freq: Annually
Tax w/Assessment: $138,200
Tax Amount: $1,742
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1150

Disclosures and Reports

Ownership: Fee Simple
Exclusions: The family may elect to remove some personal items
Inclusions: all as-is. as-seen.
Lot Number: 280

Listed by Keller Williams Realty Wilmington, Kenneth Van Every
Sold by RE/MAX Excellence - Kennett Square, Sandra L Massari

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Listing agent

— 138 Lower Oak St —

Kenneth Van Every

Keller Williams Realty Wilmington

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Schools

Schools serving 138 Lower Oak St

School District:Christina School District

Name	Grades	Distance
The Bayard School 200 South Dupont Street, Wilmington, DE 19805	6-8	0.6 mi
Glasgow High School 1901 South College Avenue, Newark, DE 19702	9-12	11.9 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 138 Lower Oak St

Date

Details

Price

Change

Source

10/24/2025

Sold

$92,500

—

MLS

10/13/2025

Price Increased

$92,500

54.17%

MLS

9/25/2025

Listed

$60,000

—

MLS

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

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138 Lower Oak Street, Wilmington, DE 19805 (MLS# DENC2089914) is a Townhouse property that was sold at $92,500 on October 24, 2025. Want to learn more about 138 Lower Oak Street? 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.

138 Lower Oak St Wilmington, DE 19805