Off Market Jun 2006 for $149K

$198,709

Est. refi paymentEst. refi $185/mo

•

2 ba

•

1,568

sq ft

409 Homestead Rd, Wilmington, DE 19805

About this home

Duplex in very good condition. Great cashflow and consistent rental track record of occupancy back 30+ years with the 2nd owner. Both units have just been painted, full new carpet in 1 unit, newer carpet in other unit. SOLID Duplex still feels like new. Meticulous owner of 30yrs can provide all records and information. Separate systems (2 heaters, 2 hot water heaters, 2 updated electric boxes and 2 water meters). Landlord only pays for trash, insurance and mortgage. Laundry, extra storage and 2 car garage. Proposed Section 8 rents for $750 monthly.

Multi-familyProperty Type

1960Year Built

3,049 sq ftLot Size

$127Est. Price/Sq.Ft.

4 spacesParking

Listed by Jake Lipton • RE/MAX Associates - Newark

•302-453-3200 (broker)

Bought with Jake Lipton • RE/MAX Associates - Newark

•302-453-3200 (broker)

Redfin checked: a few seconds ago

•Source:BRIGHT MLS #DENC122284

Redfin Estimate

$198,709

$49K since sold in June 2006$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.8% lower than the average sale price ($245K) of 6 comparable homes.

SOLD AUG 31, 2026
$175,000
A
3 beds2 baths1,500 sq ft
1519 Clayton Rd, Wilmington, DE 19805
SOLD APR 28, 2026
$210,000
B
4 beds— baths1,800 sq ft
1302 Elm St, Wilmington, DE 19805
SOLD JUN 15, 2026
$252,900
C
4 beds2 baths1,600 sq ft
2114 Seneca Rd, Wilmington, DE 19805
SOLD AUG 3, 2026
$240,000
D
3 beds1.5 baths1,575 sq ft
1720 Beech St, Wilmington, DE 19805
SOLD AUG 5, 2026
$265,000
E
3 beds1.5 baths1,450 sq ft
1100 Clayton Rd, Wilmington, DE 19805
SOLD MAY 26, 2026
$325,000
F
3 beds1.5 baths1,900 sq ft
728 S Lincoln St, Wilmington, DE 19805

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Earn from this home

Refinance

Est. cash available

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Market trends in 19805, DE

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.0%

+1.6% MoM

Median sale price

$275K

$17K MoM

Avg. days on market

34d

7 days MoM

Recently sold homes

115

5 MoM

New listings for sale

$200,000
3 beds1.5 baths1,200 sq ft
920 N Dupont St, Wilmington, DE 19805
(302) 295-9430
EARLY ACCESS
$569,900
4 beds3 baths1,825 sq ft
722 Nottingham Rd, Wilmington, DE 19805
COMING SOON
$385,000
3 beds1.5 baths1,550 sq ft
103 Linden Ave, Wilmington, DE 19805
(302) 504-6147
$225,000
4 beds2.5 baths1,600 sq ft
403 N Rodney St, Wilmington, DE 19805
(302) 477-3900
$277,900
3 beds1 bath1,000 sq ft
2114 Lancaster Ave, Wilmington, DE 19805
(302) 504-6147
COMING SOON
$144,900
2 beds1 bath1,108 sq ft
200 S Harrison St, Wilmington, DE 19805
(302) 429-4500
COMING SOON
$259,900
3 beds1.5 baths1,100 sq ft
1815 Maple St, Wilmington, DE 19805
(302) 300-2300
$249,900
3 beds1.5 baths1,250 sq ft
1803 W 5th St, Wilmington, DE 19805
(302) 504-6147
$374,500
3 beds1 bath1,250 sq ft
1103 Wagoner Dr, Wilmington, DE 19805
(888) 543-4829
$150,000
3 beds1.5 baths1,000 sq ft
1217 Lancaster Ave, Wilmington, DE 19805
(302) 738-2300
See all

Provided by Redfin

Sale history for 409 Homestead Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,030 (+26.5%)

$30,400 + $196,500

$226,900

2024

$1,605 (+13.0%)

$30,400 + $196,500

$226,900

2023

$1,420 (−0.6%)

$7,100 + $35,200

$42,300

2022

$1,429

$7,100 + $35,200

$42,300

2021

$1,429 (−3.6%)

$7,100 + $35,200

$42,300

2020

$1,482 (+0.2%)

$7,100 + $35,200

$42,300

2019

$1,479 (+5.4%)

$7,100 + $35,200

$42,300

2018

$1,403 (+1.2%)

$7,100 + $35,200

$42,300

2017

$1,386 (+4.8%)

$7,100 + $35,200

$42,300

2016

$1,323 (+14.9%)

$7,100 + $35,200

$42,300

2014

$1,151 (+1.5%)

$7,100 + $35,200

$42,300

2013

$1,134 (+4.1%)

$7,100 + $35,200

$42,300

2012

$1,089

$7,100 + $35,200

$42,300

Tax history for 409 Homestead Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,030 (+26.5%)

$30,400 + $196,500

$226,900

2024

$1,605 (+13.0%)

$30,400 + $196,500

$226,900

2023

$1,420 (−0.6%)

$7,100 + $35,200

$42,300

2022

$1,429

$7,100 + $35,200

$42,300

2021

$1,429 (−3.6%)

$7,100 + $35,200

$42,300

2020

$1,482 (+0.2%)

$7,100 + $35,200

$42,300

2019

$1,479 (+5.4%)

$7,100 + $35,200

$42,300

2018

$1,403 (+1.2%)

$7,100 + $35,200

$42,300

2017

$1,386 (+4.8%)

$7,100 + $35,200

$42,300

2016

$1,323 (+14.9%)

$7,100 + $35,200

$42,300

2014

$1,151 (+1.5%)

$7,100 + $35,200

$42,300

2013

$1,134 (+4.1%)

$7,100 + $35,200

$42,300

2012

$1,089

$7,100 + $35,200

$42,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

20 ft.

Lot depth

155 ft.

Lot size

3,049 Sq. Ft.

Year renovated

—

Sq. Ft.

1,775

Year built

1960

Style

Multi-Family (2-4 Unit)

County

New Castle County

APN

0703940328

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 1, 2026.

Property details

Parking

Parking Information
Garage Features: Inside Access
# of Total Garage and Parking Spaces: 4
# of Open Parking Spaces: 2
Other

Interior

Interior Information
Flooring Type: Wood, Fully Carpeted, Vinyl

Room Information
Master Bedroom
Laundry Type: Common

Basement Information
Basement: Yes
Full

Multi Unit Information
# of Two Bedroom Units: 2
Other Units: Unit 1,Unit 2
Annual Gross Expense: $804

Exterior

Property Information
Improvement Assessed Value: $35,200
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Estimated

Building Information
Construction Not Completed
Construction Materials: Brick, Asbestos
Other Structures: Above Grade
Storage: Basement, Garage

Lot Information
Lot Size Dimensions: 20X154
Tidal Water: No

Land Information
Land Assessed Value: $7,100

Above Grade Information
Finished Sq.Ft.: 1,568
Finished Sq.Ft. Source: Estimated

Financial

Tax Information
Tax Assessed Value: $42,300
Tax Year: 2005
Tax Annual Amount: $804

Utilities

Utilities Information
Cooling Type: Wall Unit
100 Amp Service
Gas, Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public

Location

School Information
School District Name: RED CLAY CONSOLIDATED

Location Information
Cross Street: BONWOOD
Directions: Off Maryland Ave into development on Robinson, left on Bonwood, left onto Homestead, house is on the right before the park

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,775
Stories: 2.0
Lot Size: 3,049 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1960
Year Renovated: —
County: New Castle County
APN: 0703940328

Home facts updated by county records on Jul 1, 2026

Around this home

Schools

Richardson Park Elementary School

Public K-5 • Assigned • 1.2mi

3/10

duPont (Alexis I.) Middle School

Public 6-8 • Assigned • 2.6mi

1/10

Dickinson (John) High School

Public 6-12 • Assigned • 5.5mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 102° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Wilmington, DE • 19805

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$189,000 – $229,000

Sell confidently with a local market expert in Wilmington. 3 minutes to get started.

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New listings for sale in 19805

$200,000

3 beds1.5 baths1,200 sq ft

920 N Dupont St, Wilmington, DE 19805

(302) 295-9430

EARLY ACCESSCOMPASS COMING SOON

$569,900

4 beds3 baths1,825 sq ft

722 Nottingham Rd, Wilmington, DE 19805

COMING SOON

$385,000

3 beds1.5 baths1,550 sq ft

103 Linden Ave, Wilmington, DE 19805

(302) 504-6147

$225,000

4 beds2.5 baths1,600 sq ft

403 N Rodney St, Wilmington, DE 19805

(302) 477-3900

$277,900

3 beds1 bath1,000 sq ft

2114 Lancaster Ave, Wilmington, DE 19805

(302) 504-6147

COMING SOON

$144,900

2 beds1 bath1,108 sq ft

200 S Harrison St, Wilmington, DE 19805

(302) 429-4500

COMING SOON

$259,900

3 beds1.5 baths1,100 sq ft

1815 Maple St, Wilmington, DE 19805

(302) 300-2300

$249,900

3 beds1.5 baths1,250 sq ft

1803 W 5th St, Wilmington, DE 19805

(302) 504-6147

$374,500

3 beds1 bath1,250 sq ft

1103 Wagoner Dr, Wilmington, DE 19805

(888) 543-4829

Home values near 409 Homestead Rd

Data from public records.

Address	Redfin Estimate
420 Homestead Road, Wilmington, DE 3 Beds \| 1.5 Baths \| 1444 Sq. Ft.	$248,484
414 Homestead Road, Wilmington, DE 3 Beds \| 1.5 Baths \| 1444 Sq. Ft.	$247,456

Address	Redfin Estimate
418 Homestead Road, Wilmington, DE 3 Beds \| 1.5 Baths \| 1450 Sq. Ft.	$237,725
412 Homestead Road, Wilmington, DE 3 Beds \| 1.5 Baths \| 1350 Sq. Ft.	$247,837

Address	Redfin Estimate
416 Homestead Road, Wilmington, DE 3 Beds \| 1.5 Baths \| 1300 Sq. Ft.	$257,587
424 Homestead Road, Wilmington, DE 3 Beds \| 1.5 Baths \| 1150 Sq. Ft.	$263,079

Property information provided by BRIGHT MLS when last listed in 2006. This data may not match . Learn more.

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