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633 HOMESTEAD ROAD Overview
- Time on Site:
- 4 days
- Visits:
- 3
Rare investment opportunity! Well-maintained duplex located in a highly desirable Wilmington rental market where multi-family properties seldom become available. Each unit features 2 bedrooms, 1 bath, living room, and kitchen with dining area. Long-term tenants with excellent rental histories would like to stay, providing immediate income and stability. Current gross annual rental income is $21,300, with potential for future rent increases. Property also offers a detached 2-car garage, additional storage space, private rear parking for 2 vehicles, and ample street parking. An excellent opportunity for investors seeking reliable income and future appreciation in a high-demand location.
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633 HOMESTEAD ROAD Facts & Features
- Type Multi-Family
- Sq. ft. 1,575
- Price/Sq.ft. $178
- Lot 0.07 Acres
Details
General
School Information
- Elementary School: RICHARDSON PARK
- High School: JOHN DICKINSON
Income/Expenses
- Existing Lease Type: Yearly
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 1575
- Year Built: 1960
Location/Region
- Country: US
- County: NEW CASTLE
- County Or Parish: NEW CASTLE
- In City Limits: No
- MLS Area Major: Wilmington (30906)
- Subdivision Name: ALBAN PARK
Parking Information
- Total Parking Spaces: 4
- Type of Parking: Attached Garage,Driveway
Tax Information
- City/Town Tax Payment Frequency: Annually
- County Tax: 416.00
- County Tax Payment Frequency: Annually
- School Tax: 1901.00
- Tax Annual Amount: $2,317.00
- Tax Assessed Value: 264000.00
- Tax Year: 2025
General Information
- Property Sub Type: Duplex
- Property Type: Multi-Family
- Rent Control: No
- School District Name: RED CLAY CONSOLIDATED
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: NC5
Unit Information
- Other Units: Unit 1,Unit 2
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage Features: Garage - Rear Entry
- Garage Spaces: 2.00
- Garage: Yes
Building Exterior/Construction
- Structure Type: Interior Row/Townhouse
Building Interior
- Above Grade Finished Area: 1575
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Appliances: Refrigerator, Stove
- Cooling: Window Unit(s)
- Fireplace: No
- Foundation Details: Permanent
- Living Area: 1575
- Living Area Source: Assessor
- Stories Total: 2
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 2
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Dimensions: 20.20 x 150.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 3049.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Colonial
- Construction Materials: Brick, Asbestos
General Information
- Number Of Units Leased: 2
- Number Of Units Total: 2
- Number Of Units Vacant: 0
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
633 HOMESTEAD ROAD Neighborhood
Community
19805 (WILMINGTON) Demographics
35
Median Age
7,153
Population Density (per sq. mile)
27%
College Educated
$47,300
Estimated Median Income
8,107
Estimated Total Home Owners
7,036
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
633 HOMESTEAD ROAD Monthly Cost
633 HOMESTEAD ROAD Market Data
Based on the last 30 days in this zip code
$270,077
Average List Price
$176
Average Price per Square Foot
26
Properties Sold
61
Average Days on Market
134
Properties for Sale
633 HOMESTEAD ROAD History
| Date | Value | Agent |
|---|---|---|
| 6/25/2026Source: BRIGHT MLS | June 25, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 12, 2021 |
Listing provided courtesy of RE/MAX Edge- MLS# DENC2105952
Contact Information: [email protected] - 3024424200
Contact Information: [email protected] - 3024424200