612 Homestead Road

Closed 8/22/25

Sold

Last Sold Price

$255,000

4 beds1,575 sqft$162/sqft

612 Homestead Rd, Wilmington, DE 19805

Multi FamilyProperty Type

3,049 sq ftLot Size

1965Year Built

$162/sq ftPrice per sq ft

1 carParking Spaces

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...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.

Listed by: Hovik Nazarian 302.740.0111 hoviksellshomes@gmail.com • Long & Foster Real Estate, Inc.

Listing closed: 08/22/2025 12:00 AM • Source: BRIGHT, MLS#: DENC2085560

Recent comparable sales

Median sold price

$231,500

Avg days on market

Sale-to-list ratio

106.5%

1/15

$280,000

Sold 05/28/25

4
Bedrooms: 2
Bathrooms: 1,575
Square Feet: 0.07
Acres

607 Homestead Road, Wilmington, DE 19805

1/59

$245,000

Sold 07/11/25

4
Bedrooms: 1
Bathrooms: 1,400
Square Feet: 0.18
Acres

218 North Maryland Avenue, Wilmington, DE 19804

$220,000

Sold 06/03/26

4
Bedrooms: 1
Bathrooms: 1,373
Square Feet: 0.14
Acres

5 Champlain Avenue, Wilmington, DE 19804

1/2

$252,900

Sold 06/15/26

4
Bedrooms: 2
Bathrooms: 1,600
Square Feet: 0.06
Acres

2114 Seneca Road, Wilmington, DE 19805

1/2

$260,000

Sold 03/30/26

4
Bedrooms: 2
Bathrooms: 1,600
Square Feet: 0.05
Acres

2123 Seneca Road, Wilmington, DE 19805

1/18

$231,500

Sold 07/22/25

4
Bedrooms: 3
Bathrooms: 1,600
Square Feet: 0.05
Acres

2133 Seneca Road, Wilmington, DE 19805

1/9

$230,000

Sold 10/14/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 1,600
Square Feet: 0.04
Acres

1816 West 5th Street, Wilmington, DE 19805

$200,000

Sold 10/08/25

4
Bedrooms: 1
Bathrooms: 1,625
Square Feet: 0.04
Acres

221 North Franklin Street, Wilmington, DE 19805

1/12

$230,000

Sold 12/04/24

4
Bedrooms: 2
Bathrooms: 1,575
Square Feet: 0.07
Acres

2705 West 4th Street, Wilmington, DE 19805

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Location

Listing Courtesy of Long & Foster Real Estate, Inc.

Sold By Long & Foster Real Estate, Inc.

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$1,413 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,296

Property Taxes

$117

HOA Dues

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Property Information for 612 Homestead Road

Property Details

Taxes: $1,398 / year
MLS Type: Multi-Family / Fee Simple
County: New Castle County
Tax ID Number: 07-043.20-073
Ownership: Fee Simple
Structure Type: Interior Row/Townhouse
Style: Other
Waterfront: No
Garage: Yes
Expected On Market Date: 07-11-2025
Subdivision: ALBAN PARK
Subdivision: ALBAN PARK (NEW CASTLE DE)
Cross Street: UNKNOWN
Legal Subdivision: ALBAN PARK
Total Parking Spaces: 1
Central Air: No
Above Grade Finished SQFT: 1,575.00
Above Grade Fin SQFT Source: Estimated
Below Grade Finished SQFT: .00
Below Grade Fin SQFT Source: Estimated
Below Grade Unfinished SQFT: .00
Below Grade Unfin SQFT Source: Estimated
Total Below Grade SQFT: .00
Total Below Grade SQFT Source: Estimated
New Construction: No

Building Information

Residences: 2
Year Built: 1965
Lot Size: 0.07 AC / 3,049 SF

Location

In City Limits: No
School District Name: RED CLAY CONSOLIDATED

School District County ID: 300200396545
SchoolDistrictSource: Listing Agent
County: NEW CASTLE
MLS Area: Elsmere/Newport/Pike Creek (30903)

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

Tax Year: 2021
Tax Assessed Value: $42,400

Year Assessed: 2021
County Tax: $352
Improvement Assessed Value: $35,300
City Town Tax: $0
Land Assessed Value: $7,100
Clean Green Assessed: No
Land Use Code: 0
Zoning: NC5
Tax Lot: 073
School Tax: $1,046
Automatically Update Tax Values Y/N: No

Unit Information

Single Room Units Count: 0
One Bedroom Units Count: 0

Two Bedroom Units Count: 2
Three Bedroom Units Count: 0
Other Units: Unit 1,Unit 2
Units Leased Count: 2
Rent Control: No

Multi Family

Unit 1

Type: Unit 1
Unit Type Occupied YN: No

Beds Total: 2

Unit 2

Type: Unit 2
Unit Type Occupied YN: No

Beds Total: 2

Building Info

Building Units Total: 2
Total Finished SQFT: 1,575.00

Total Finished SQFT Source: Estimated
Total SQFT: 1,575.00
Total SQFT Source: Estimated
Construction Materials: Brick
Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8040/0038/5264/804000385264_512_384_WM_aYDHe0F93HvQEGIZ.jpg
Foundation Details: Slab

Lot / Land Information

Lot Size Source: Estimated
Parcel ID: 2261554

Parking

Type Of Parking: Attached Garage
Num of Attached Garage Spaces: 1

Total Garage Spaces: 1
Garage Features: Garage - Rear Entry, Inside Access

Interior Features

Fireplace: No
Accessibility Features: None

Exterior Features

Pool: No Pool
Other Structures: Above Grade, Below Grade

Utilities

Heating: Yes
Cooling Type: None

Cooling Fuel: Electric
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: None chosen (Non-REALTOR/Stockholder)

Property History for 612 Homestead Road

Date	Event & Source	Price	Appreciation
Aug 22, 2025	Closed BRIGHT #DENC2085560	$255,000	—
Jul 16, 2025	Pending BRIGHT #DENC2085560		—
Jul 11, 2025	Listed (Active) BRIGHT #DENC2085560	$249,900	—
Oct 8, 2021	Closed BRIGHT #DENC2005602	$145,000	—
Sep 30, 2021	Pending BRIGHT #DENC2005602		—
Aug 30, 2021	Active Under Contract BRIGHT #DENC2005602		—
Aug 30, 2021	Pending BRIGHT #DENC2005602		—
Aug 30, 2021	Active Under Contract BRIGHT #DENC2005602		—
Aug 23, 2021	Listed (Active) BRIGHT #DENC2005602	$154,900	—
Apr 30, 1996	Closed BRIGHT #DENC275264	$50,000	—
Mar 15, 1996	Pending BRIGHT #DENC275264		—
Jan 31, 1996	Listed (Active) BRIGHT #DENC275264	$56,900	—

Date	Event & Source	Price
08/22/2025	Closed BRIGHT #DENC2085560	$255,000
07/16/2025	Pending BRIGHT #DENC2085560	—
07/11/2025	Listed (Active) BRIGHT #DENC2085560	$249,900
10/08/2021	Closed BRIGHT #DENC2005602	$145,000
09/30/2021	Pending BRIGHT #DENC2005602	—
08/30/2021	Active Under Contract BRIGHT #DENC2005602	—
08/30/2021	Pending BRIGHT #DENC2005602	—
08/30/2021	Active Under Contract BRIGHT #DENC2005602	—
08/23/2021	Listed (Active) BRIGHT #DENC2005602	$154,900
04/30/1996	Closed BRIGHT #DENC275264	$50,000
03/15/1996	Pending BRIGHT #DENC275264	—
01/31/1996	Listed (Active) BRIGHT #DENC275264	$56,900

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

Public Records for 612 Homestead Road

Taxable ValueLand$42,100Additions$220,300Total$262,400

Home Facts

Baths2Total Finished SqFt1,584 SqFtAbove Grade Finished SqFt1,584 SqFtStories2Lot Size3,049 SqFtStyleDuplexYear Built1965Year Renovated1965ZoningNC5CountyNEW CASTLEAPN07-043.20-073

Schools near 612 Homestead Road

This home is within Red Clay Consolidated School District.


Rating	School	Type	Grades	Distance
3/10	Richardson Park Elementary School	Public - Serves this home	K to 5	1.0 mi
3/10	Stanton Middle School	Public - Serves this home	6 to 8	4.2 mi
3/10	Dickinson (John) High School	Public - Serves this home	6 to 12	5.3 mi
8/10	Conrad Schools of Science	Public - Choice school	6 to 12	1.5 mi
8/10	Calloway (Cab) School of the Arts	Public - Choice school	6 to 12	1.9 mi
NR	First State School	Public - Nearby school	1 to 11	2.1 mi
NR	St Elizabeth Elementary School	Private - Nearby school	PK to 8	0.7 mi
NR	St. Elizabeth High School	Private - Nearby school	PK to 12	0.7 mi


Rating	School	Distance
3/10	Richardson Park Elementary School PublicK to 5 Serves this home	1.0 mi
3/10	Stanton Middle School Public6 to 8 Serves this home	4.2 mi
3/10	Dickinson (John) High School Public6 to 12 Serves this home	5.3 mi
8/10	Conrad Schools of Science Public6 to 12 Choice school	1.5 mi
8/10	Calloway (Cab) School of the Arts Public6 to 12 Choice school	1.9 mi
NR	First State School Public1 to 11 Nearby school	2.1 mi
NR	St Elizabeth Elementary School PrivatePK to 8 Nearby school	0.7 mi
NR	St. Elizabeth High School PrivatePK to 12 Nearby school	0.7 mi

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.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 612 Homestead Road, Wilmington, DE 19805	$255,000	4	–	1,575	3,049
614 Homestead Road, Wilmington, DE 19805	$78,000	–	2	1,575	3,049
610 Homestead Road, Wilmington, DE 19805	$130,000	–	2	1,584	3,049
608 Homestead Road, Wilmington, DE 19805	$51,000	4	2	1,575	3,049
616 Homestead Road, Wilmington, DE 19805	$132,500	–	–	1,575	3,049
606 Homestead Road, Wilmington, DE 19805	$38,950	4	2	1,575	3,049
604 Homestead Road, Wilmington, DE 19805	–	–	2	1,575	3,049
602 Homestead Road, Wilmington, DE 19805	$160,000	–	–	1,575	3,049
624 Homestead Road, Wilmington, DE 19805	$175,000	–	–	1,575	3,049
619 Homestead Road, Wilmington, DE 19805	–	–	2	1,575	3,049
621 Homestead Road, Wilmington, DE 19805	–	4	2	1,575	4,356
627 Homestead Road, Wilmington, DE 19805	–	–	2	1,575	3,049
628 Homestead Road, Wilmington, DE 19805	$265,000	–	–	1,575	3,049
617 Homestead Road, Wilmington, DE 19805	$57,967	–	–	1,584	3,049
615 Homestead Road, Wilmington, DE 19805	$65,000	4	2	1,575	3,049
623 Homestead Road, Wilmington, DE 19805	$60,000	–	–	1,575	4,356

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Listing Courtesy of Long & Foster Real Estate, Inc.

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.

Wilmington, DE

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