Sold
Last Sold Price
1,575 sqft$143/sqft
569 Homestead Rd, Wilmington, DE 19805
Multi FamilyProperty Type
3,049 sq ftLot Size
1960Year Built
$143/sq ftPrice per sq ft
2 carsParking Spaces

Description

Welcome to this incredible investment opportunity in Alban Park! This turn-key, vacant duplex is a golden ticket for both new and seasoned investors looking to diversify their portfolio. Consisting of two rent-ready units, each featuring 2 bedrooms and 1 bathroom, the property is freshly painted and professionally cleaned for immediate tenancy. Amenities include off-street parking, in-unit laundry, and a shared backyard space, all adding to the rental appeal. Strategically located near public transportation,...Welcome to this incredible investment opportunity in Alban Park! This turn-key, vacant duplex is a golden ticket for both new and seasoned investors looking to diversify their portfolio. Consisting of two rent-ready units, each featuring 2 bedrooms and 1 bathroom, the property is freshly painted and professionally cleaned for immediate tenancy. Amenities include off-street parking, in-unit laundry, and a shared backyard space, all adding to the rental appeal. Strategically located near public transportation, schools, and shopping centers, this duplex offers not just convenience but also a strong potential for steady rental income. Don't miss your chance to capitalize on this prime investment property. The vacant status means you have the unique opportunity for immediate revenue. Whether you're new to the real estate investment game or a seasoned pro, this property is a simple, straightforward way to generate stable, long-term returns
  • Listed by: Brian D. Foraker 302.501.5218 brian@forakersales.com
Listing closed: 09/20/2023 12:00 AM • Source: BRIGHT, MLS#: DENC2048432

Recent comparable sales

Median sold price

$220,000

Avg days on market

24

Sale-to-list ratio

93.5%

Wilmington, DE

9 comparable properties found

a view of a house with a yard
1/31
1

$265,000

Sold 03/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,575
Square Feet
0.07
Acres
$270,000 | 1635 Bonwood Road, Wilmington, DE 19805
1/18
2

$270,000

Sold 12/23/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,575
Square Feet
0.07
Acres
$245,000 | 2108 Seneca Road, Wilmington, DE 19805
1/6
3

$245,000

Sold 11/08/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,600
Square Feet
0.07
Acres
a front view of a house with garden
1/27
4

$220,000

Sold 02/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,600
Square Feet
0.06
Acres
$220,000 | 43 Elsmere Boulevard, Wilmington, DE 19805
1/11
5

$220,000

Sold 11/14/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,600
Square Feet
0.08
Acres
a front view of a house with a yard
1/12
6

$210,000

Sold 04/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,800
Square Feet
0.06
Acres
$212,000 | 821 West 7th Street, Wilmington, DE 19801
1/39
7

$212,000

Sold 08/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,675
Square Feet
0.04
Acres
$240,000 | 1230 Linden Street, Wilmington, DE 19805
1/31
8

$240,000

Sold 02/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,825
Square Feet
0.05
Acres
a front view of a house with a garden and yard
1/5
9

$220,000

Sold 09/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,575
Square Feet
0.06
Acres

Location

Sold By RE/MAX Point Realty

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,308 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,168

Property Taxes

$140

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 569 Homestead Road

Property Details
  • Taxes: $1,679 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 07-043.20-111
  • Ownership: Fee Simple
  • Structure Type: Interior Row/Townhouse
  • Style: Other
  • Waterfront: No
  • Garage: Yes
  • Expected On Market Date: 09-01-2023
  • Subdivision: ALBAN PARK
  • Subdivision: ALBAN PARK (NEW CASTLE DE)
  • Cross Street: Bonwood
  • Legal Subdivision: ALBAN PARK
  • Total Parking Spaces: 2
  • Central Air: No
  • Above Grade Finished SQFT: 1,575.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
  • Property Condition: Average
Building Information
  • Residences: 2
  • Year Built: 1960
  • Lot Size: 0.07 AC / 3,049 SF
Location
Location
  • In City Limits: No
  • School District Name: RED CLAY CONSOLIDATED
  • School District County ID: 300200396545
  • SchoolDistrictSource: Listing Agent
  • County: NEW CASTLE
  • MLS Area: Wilmington (30906)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $50,900
  • Year Assessed: 2022
  • County Tax: $421
  • Improvement Assessed Value: $43,800
  • City Town Tax: $0
  • Land Assessed Value: $7,100
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: NC5
  • Tax Lot: 111
  • School Tax: $1,258
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Leased Count: 0
  • Number Of Units Vacant: 2
Financial Information
Financial Information
  • Gross Income: $28,000
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,575.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20.20 x 149.80
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2261592
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Covered Parking
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: New Castle County Board of REALTORS

Property History for 569 Homestead Road

DateEvent & SourcePriceAppreciation
Sep 20, 2023

Closed

BRIGHT #DENC2048432

$226,000
Sep 7, 2023

Pending

BRIGHT #DENC2048432

Sep 7, 2023

Active Under Contract

BRIGHT #DENC2048432

DateEvent & SourcePrice
09/20/2023

Closed

BRIGHT #DENC2048432

$226,000
09/07/2023

Pending

BRIGHT #DENC2048432

09/07/2023

Active Under Contract

BRIGHT #DENC2048432

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 569 Homestead Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,108 ($176 / month)
Home Facts
Baths2Total Finished SqFt1,575 SqFtAbove Grade Finished SqFt1,575 SqFtStories2Lot Size3,049 SqFtStyleMulti-Family Dwelling (2-4)Year Built1960ZoningNC5CountyNEW CASTLEAPN07-043.20-111

Schools near 569 Homestead Road

This home is within Red Clay Consolidated School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 12
Rating
School
Distance
Richardson Park Elementary School
PublicK to 5

Stanton Middle School
Public6 to 8

Dickinson (John) High School
Public6 to 12

Conrad Schools of Science
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 19805

$200,000 | 920 North Dupont Street, Wilmington, DE 19805
1/16
Open: 9/12 12:00PM - 01:45PMNew

$200,000

3
Bedrooms
1,200
Square Feet
0.03
Acres
$185,000 | 1350 Maple Avenue, Elsmere, DE 19805
1/21
New

$185,000

3
Bedrooms
1,120
Square Feet
0.04
Acres
$569,900 | 722 Nottingham Road, Wilmington, DE 19805
1/7
Compass Coming Soon

$569,900

4
Bedrooms
1,825
Square Feet
0.18
Acres
$277,900 | 2114 Lancaster Avenue, Wilmington, DE 19805
1/33
Open: 9/12 01:00PM - 03:00PMNew

$277,900

3
Bedrooms
1,000
Square Feet
0.08
Acres
$1,195,000 | 710 Walkers Mill Lane, Unit B006, Wilmington, DE 19805
1/58
Listed By CompassOpen: 9/12 11:00AM - 01:00PM

$1,195,000

4
Bedrooms
3,575
Square Feet
Unavailable
Acres
$225,000 | 403 North Rodney Street, Wilmington, DE 19805
1/27
New

$225,000

4
Bedrooms
1,600
Square Feet
0.02
Acres
$385,000 | 103 Linden Avenue, Wilmington, DE 19805
Coming Soon

$385,000

3
Bedrooms
1,550
Square Feet
0.14
Acres
$249,900 | 1803 West 5th Street, Wilmington, DE 19805
1/28

$249,900

3
Bedrooms
1,250
Square Feet
0.04
Acres
$259,900 | 1815 Maple Street, Wilmington, DE 19805
1/14
Coming Soon

$259,900

3
Bedrooms
1,100
Square Feet
0.06
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 569 Homestead Road, Wilmington, DE 19805
$226,000
1,575
3,049
$92,700
2
1,575
8,276
$138,000
1,584
3,049
$74,435
1,575
2,614
$40,000
4
2
1,575
3,049
$105,000
2
1,575
3,049

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.