40 UNIVERSITY AVENUENEW CASTLE, DE 19720

Single Family · 5 Beds · 2 Full Baths · 1 Half Bath · 2,275 Sq. ft. | 0.15 Acres
$309,777 ACTIVE

40 UNIVERSITY AVENUE Overview

Time on Site:
4 days
Visits:
8

Calling all investors, contractors, and buyers looking for their next project! Don't miss this rare opportunity to own a sprawling 5-bedroom, 2.5-bath ranch in New Castle offering the convenience of one-floor living and an incredible amount of space. Homes of this size are hard to find in the area, making this an exceptional opportunity to renovate and build instant equity. Step inside to find a spacious floor plan featuring a large living room, formal dining room, kitchen, expansive family room, private office, and a convenient half bathroom. The generously sized primary suite includes its own en-suite bathroom, while four additional bedrooms and a full hall bathroom provide plenty of room for family, guests, or a home office setup. With its expansive footprint, functional layout, and endless possibilities, this home is the perfect canvas for your vision. Whether you're looking to renovate and resell, add to your investment portfolio, or create your dream home, the potential here is undeniable. Conveniently located near shopping, restaurants, major highways, and local amenities, this property offers both space and location. Bring your contractor and your imagination! Property is being sold strictly as-is. Schedule a showing today!

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40 UNIVERSITY AVENUE Facts & Features

  • Type Single Family
  • Sq. ft. 2,275
  • Price/Sq.ft. $136
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association: No
  • Condo/Coop Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 2275
  • Year Built: 1949

Location/Region

  • Country: US
  • County: NEW CASTLE
  • County Or Parish: NEW CASTLE
  • In City Limits: No
  • MLS Area Major: New Castle/Red Lion/Del.City (30904)
  • Subdivision Name: WILM MANOR GARDENS

Parking Information

  • Type of Parking: On Street,Driveway

Tax Information

  • Tax Annual Amount: $1,000.00
  • Tax Year: 1998

General Information

  • Exclusions: Refrigerator,Washer
  • Property Type: Residential
  • School District Name: COLONIAL
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Zoning: RESID

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Oil

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Full Main Level: 2
  • Bathrooms Half: 1
  • Bathrooms Half Main Level: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 5

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 2275
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Electric
  • Laundry Type: Main Floor

General Information

  • Accessibility Features: None
  • Cooling: Central A/C
  • Electric: Circuit Breakers
  • Fireplace Features: Brick
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Foundation Details: Stone
  • Interior Features: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), 2nd Kitchen, Kitchen - Eat-In
  • Levels: 1
  • Living Area: 2275
  • Living Area Source: Estimated
  • Main Level Bathrooms: 3.00
  • Main Level Bedrooms: 5
  • Rooms Total: 14

Room Information

  • Room List: Living Room,Dining Room,Primary Bedroom,Bedroom 2,Bedroom 3,Kitchen,Family Room,Bedroom 1,In-Law/auPair/Suite,Other,Attic

Exterior

Lot Information

  • Lot Features: Level, Front Yard, Rear Yard
  • Lot Size Acres: 0.15
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 6534.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Ranch/Rambler
  • Construction Materials: Vinyl Siding, Brick
  • Patio And Porch Features: Patio(s)

General Information

  • Other Structures: Above Grade
  • Sewer: Public Sewer
  • Utilities: Cable TV
  • Water Access: No

Room Information

Room: Bedroom 1

  • Level: Main
  • Dimensions: 23 X 11
  • Length: 23
  • Width: 11

Room: Bedroom 2

  • Level: Main
  • Dimensions: 14 X 11
  • Length: 14
  • Width: 11

Room: Bedroom 3

  • Level: Main
  • Dimensions: 14 X 10
  • Length: 14
  • Width: 10

Room: Dining Room

  • Level: Main
  • Dimensions: 15 X 13
  • Length: 15
  • Width: 13

Room: Family Room

  • Level: Main
  • Dimensions: 12 X 26
  • Length: 12
  • Width: 26

Room: Kitchen

  • Level: Main
  • Dimensions: 20 X 12
  • Length: 20
  • Width: 12
  • Features: Kitchen - Electric Cooking,Pantry

Room: Living Room

  • Level: Main
  • Dimensions: 19 X 13
  • Length: 19
  • Width: 13
  • Features: Fireplace - Other

Room: Other

  • Level: Main
  • Dimensions: 10 X 10
  • Length: 10
  • Width: 10
  • Description: DEN

Room: Other

  • Level: Main
  • Dimensions: 8 X 8
  • Length: 8
  • Width: 8
  • Description: LAUNDRY

Room: Primary Bedroom

  • Level: Main
  • Dimensions: 18 X 13
  • Length: 18
  • Width: 13

Room: Attic

  • Level: Unspecified
  • Features: Attic - Access Panel

Room: In-Law/auPair/Suite

  • Level: Unspecified

Room: Primary Bedroom

  • Level: Unspecified
  • Features: Walk-In Closet(s)

40 UNIVERSITY AVENUE Neighborhood

Community

19720 (NEW CASTLE) Demographics

40
Median Age
1,449
Population Density (per sq. mile)
28%
College Educated
$63,018
Estimated Median Income
14,985
Estimated Total Home Owners
6,874
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

40 UNIVERSITY AVENUE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

40 UNIVERSITY AVENUE Market Data

Based on the last 30 days in this zip code

$385,601
Average List Price
$209
Average Price per Square Foot
29
Properties Sold
44
Average Days on Market
124
Properties for Sale
Calculations provided by Reliance Network

40 UNIVERSITY AVENUE History

Date Event Value Agent
6/25/2026Source: BRIGHT MLS Added to Database
June 25, 2026
Listing provided courtesy of Real of Pennsylvania- MLS# DENC2105854MLS ProviderContact Information: [email protected] - 8554500442