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$248,000
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Property Description
Don't miss this fantastic opportunity to own a classic brick duplex in the city of Wilmington! This property at 507 Concord Avenue offers versatility and income potential, making it an excellent choice for both seasoned investors and first-time buyers looking to start their portfolio. The first-floor unit is freshly updated and move-in ready, featuring 1 spacious bedroom, a full bath, a large living room with rich hardwood floors, and an eat-in kitchen with ample cabinetry and pantry space. A private side entrance and access to the enclosed porch and fenced backyard add convenience and functionality. The second-floor unit is currently tenant-occupied, providing instant rental income. It offers 2 bedrooms, a full bath, a comfortable living room, and an updated kitchen with modern cabinetry, backsplash, and stainless-steel appliances. Additional highlights include a covered front porch with separate entrances, basement storage, updated baths, ceiling fans throughout, and a rear yard with alley access. Conveniently located just minutes from Downtown Wilmington, the Riverfront, and I-95, this duplex also offers easy access to Concord Pike/Route 202, where you'll find great shopping, dining, and entertainment. This is the perfect property to expand your real estate portfolio or to begin your journey as an investor. Schedule your showing today and explore the income potential of 507 Concord Avenue!
Full Property Details
Full Property Details for 507 Concord Ave
General
- Sold For: $248,000
- Taxes: $1,592 (2024)
- Status: Closed
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: DENC2088822
- Added to Site: 131 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Wilmington (30906)
- County: New Castle
- Driving Directions: follow gps
- City Limits: Yes
School Information
- School District: Red Clay Consolidated
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric, Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Blown-In Insulation
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 1,700
- Sq. Ft. Source: Assessor
- Living Area: 1,700 Sq. Ft.
- Finished Above Grnd: 1,700 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Size Source: Assessor
- Lot Dimensions: 25.60 x 64.10
- Zoning: 26R-3
Financial Considerations
- Price Per Sq. Ft.: $147.06
- Assessment Year: 2024
- School Tax: $837
- City/TownTax: $676
- City/TownTax Freq: Annually
- County Tax: $79
- County Tax Freq: Annually
- Tax w/Assessment: $31,500
- Tax Amount: $1,592
- Tax Year: 2024
- Terms: Standard Sale
- Owner Pays: Water
- Landlord Pays: Water
- Tax Total Finished Sq. Ft.: 1700
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 131
Listed by Real Broker, LLC, David R Sordelet and Real Broker, LLC, Iris K Sordelet
Sold by Long & Foster Real Estate, Inc., Diane W Bacigalupi
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Schools
Schools serving 507 Concord Ave
School District:Red Clay Consolidated School District
| Name | Grades | Distance |
|---|---|---|
Warner Elementary School 801 West 18th Street, Wilmington, DE 19802 | K-5 | 0.4 mi |
Dickinson (John) High School 1801 Milltown Road, Wilmington, DE 19808 | 9-12 | 7.3 mi |
Skyline Middle School 2900 Skyline Drive, Wilmington, DE 19808 | 6-8 | 8.1 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 507 Concord Ave
Date
Details
Price
Change
Source
10/14/2025
Sold
$248,000
-0.8%
MLS
9/08/2025
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
507 Concord Avenue, Wilmington, DE 19802 (MLS# DENC2088822) is a Duplex property that was sold at $248,000 on October 14, 2025. Want to learn more about 507 Concord Avenue? Do you have questions about finding other Duplex real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

