612 Homestead Road, Wilmington, DE 19805 - Photo 1

1/1

$255,000

Sold
Closed
Townhouse
1,575 Sq. Ft.
1 Car Garage

1/1

Property Description

Turnkey Duplex - Cash Flow from Day One! Welcome to 612 Homestead Road, a rare and desirable multi-family investment opportunity featuring two well-maintained 2-bedroom, 1-bath units, both currently occupied with stable tenants. This property offers a solid foundation of monthly income with room for growth. There's opportunity to increase cash flow over time, making this a smart buy-and-hold investment. Recent updates include high-efficiency HVAC systems and water heaters, with one unit just replaced keeping long-term maintenance costs down. The lower level offers an excellent opportunity to install coin-operated laundry machines, creating an additional income stream and increasing your return on investment. Whether you're an experienced investor or just entering the market, this property checks all the boxes: strong rental income, low maintenance, and upside potential. Opportunities like this don't come up often so schedule your private tour today and start building wealth with 612 Homestead Road.

Full Property Details

Full Property Details for 612 Homestead Rd

General

Sold For: $255,000
Taxes: $1,398 (2021)
Status: Closed
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: DENC2085560
Added to Site: 190 day(s) ago

Parking

Garage: Yes
Garage Spaces: 1
Total Spaces: 1
Parking Type: Attached Garage
Garage Description: Garage - Rear Entry, Inside Access

Location

Area: Elsmere/Newport/Pike Creek (30903)
County: NEW CASTLE
Subdivision: ALBAN PARK
Driving Directions: Use GPS directions for 612 Homestead Road

School Information

School District: Red Clay Consolidated

Heating & Cooling

Cooling Type: None
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: Other
Structure Type: Interior Row/Townhouse
Construction: Brick
Foundation: Slab
Square Feet: 1,575
Sq. Ft. Source: Estimated
Living Area: 1,575 Sq. Ft.
Finished Above Grnd: 1,575 Sq. Ft.
Year Built: 1965
Year Built Source: Estimated

Unit Information

Other Units: Unit 1, Unit 2

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 3,049
Lot Size Source: Estimated
Zoning: NC5

Financial Considerations

Price Per Sq. Ft.: $158.67
Assessment Year: 2021
School Tax: $1,046
City/TownTax Freq: Annually
County Tax: $352
County Tax Freq: Annually
Tax w/Assessment: $42,400
Tax Amount: $1,398
Tax Year: 2021
Terms: Standard Sale

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 73

Listed by Long & Foster Real Estate, Inc., Hovik Nazarian
Sold by Long & Foster Real Estate, Inc., Dakota D Williams

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Listing agent

— 612 Homestead Rd —

Hovik Nazarian

Long & Foster Real Estate, Inc.

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Schools

Schools serving 612 Homestead Rd

School District:Red Clay Consolidated School District

Name	Grades	Distance
Richardson Park Elementary School 16 Idella Avenue, Wilmington, DE 19804	K-5	1 mi
Stanton Middle School 1800 Limestone Road, Wilmington, DE 19804	6-8	4.3 mi
Dickinson (John) High School 1801 Milltown Road, Wilmington, DE 19808	9-12	5.3 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 612 Homestead Rd

Date

Details

Price

Change

Source

8/22/2025

Sold

$255,000

2.04%

MLS

7/11/2025

Listed

$249,900

—

MLS

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

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Updated 3 days ago

16.36
Acres

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612 Homestead Road, Wilmington, DE 19805 (MLS# DENC2085560) is a Townhouse property that was sold at $255,000 on August 22, 2025. Want to learn more about 612 Homestead Road? 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.

612 Homestead Rd Wilmington, DE 19805