315 CENTRAL AVENUE, Wilmington, DE 19805
- 2,675 sqft
Multi-Family Home
Built in 1930
9,148sqft lot
—— car garage
$159/sqft
Listed 2 months ago
Property Description
This is a rare investment opportunity to acquire a well-maintained duplex at 315-317 Central Ave in Wilmington, DE, offering both immediate rental income and significant potential future income. With two 3-bedroom, 2-bathroom units, this property is perfectly designed for long-term investment, providing the ideal setup for renters or owners looking for spacious living. Unit 315 has been completely renovated and is move-in ready, featuring modern updates throughout, including all new appliances. This unit is currently vacant, making it an excellent opportunity for an owner-occupant or to attract new tenants right away. Unit 317 is currently occupied by a tenant under a lease that runs through June 2025, paying $1,440/month with the potential to increase up to $1,800/month once the lease allows, offering substantial potential future income. The property is strategically located in a desirable area of Wilmington, with easy access to local amenities, shopping, dining, and public transportation. The combination of a renovated, vacant unit and an occupied unit with an established tenant makes this duplex an exceptional and rare investment opportunity. Whether you're looking to add to your portfolio or explore a property that provides both immediate and long-term rental income, this is a prime opportunity. Don’t miss your chance to own this income-producing duplex in a growing market. Schedule a showing today and seize this rare opportunity.
- Listing Status:
- Pending
- Date Added:
- May 30, 2025 at 05:00AM
- Listing Office:
- Keller Williams Realty Wilmington : 3022991100
- Listing Agent:
- Rakan I Abu-Zahra : 3022457668
- MLS ID:
- DENC2079084

This listing courtesy of Rakan I Abu-Zahra, Keller Williams Realty Wilmington
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Baltz (Austin D.) Elementary School
1500 Spruce Ave, Wilmington, DE, 19805
Grades KG-5
0.86 miles away
Conrad Schools of Science
201 Jackson Ave, Wilmington, DE, 19804
Grades 6-12
0.92 miles away
Conrad Schools of Science
201 Jackson Ave, Wilmington, DE, 19804
Grades 6-12
0.92 miles away