Bought with Diane W Bacigalupi • Long & Foster Real Estate, Inc.
$248,000
$250,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
1,700 SqFt
SOLD DATE : 10/14/2025
Key Details
Sold Price $248,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $145
MLS Listing ID DENC2088822
Sold Date 10/14/25
Style Colonial
Abv Grd Liv Area 1,700
Year Built 1920
Annual Tax Amount $1,592
Tax Year 2024
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions 25.60 x 64.10
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Don't miss this fantastic opportunity to own a classic brick duplex in the city of Wilmington! This property at 507 Concord Avenue offers versatility and income potential, making it an excellent choice for both seasoned investors and first-time buyers looking to start their portfolio.
The first-floor unit is freshly updated and move-in ready, featuring 1 spacious bedroom, a full bath, a large living room with rich hardwood floors, and an eat-in kitchen with ample cabinetry and pantry space. A private side entrance and access to the enclosed porch and fenced backyard add convenience and functionality.
The second-floor unit is currently tenant-occupied, providing instant rental income. It offers 2 bedrooms, a full bath, a comfortable living room, and an updated kitchen with modern cabinetry, backsplash, and stainless-steel appliances.
Additional highlights include a covered front porch with separate entrances, basement storage, updated baths, ceiling fans throughout, and a rear yard with alley access.
Conveniently located just minutes from Downtown Wilmington, the Riverfront, and I-95, this duplex also offers easy access to Concord Pike/Route 202, where you'll find great shopping, dining, and entertainment.
This is the perfect property to expand your real estate portfolio or to begin your journey as an investor.
Schedule your showing today and explore the income potential of 507 Concord Avenue!
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 1700
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-015.30-131
Ownership Fee Simple
SqFt Source 1700
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "