533 Homestead Rd in Wilmington, DE 19805 presents a lucrative investment opportunity with its two units producing a monthly income of $1,500. The property features long-term tenants who would like to continue their tenancy, ensuring a stable and reliable cash flow. Gas and electric are separately metered, providing ease of utility billing. With its strong rental history and great potential for continued success, this property is an excellent investment opportunity in the Wilmington area.
TownhomeProperty Type
1960Year Built
3,049 sq ftLot Size
$158Est. Price/Sq.Ft.
2 car garageParking
Listed by Kat Geralis• EXP Realty, LLC
•888-543-4829 (broker)
•de.broker@exprealty.net (broker)
Bought with Manny Shah• Century 21 Gold Key Realty
Natural Gas Available, Sewer Available, Water Available, Electric Available
Water Source: Public
Location
School Information
School District Name: RED CLAY CONSOLIDATED
School District Source: Listing Agent
Location Information
Outside City Limits
Cross Street: BONWOOD
Directions: Take Silverside Rd to US-202 S/Concord Pike 5 min (0.7 mi) Follow US-202 S/Concord Pike and I-95 S to N Jackson St in Wilmington. Take exit 6 from I-95 S 8 min (4.8 mi) Continue on N Jackson St. Take DE-4 W/ Maryland Ave to Homestead Rd 7 min (1.5 mi) Use the middle lane to merge onto N Jackson St 0.5 mi Use any lane to turn right onto DE-4 W/ Maryland Ave 0.6 mi Turn left onto Alban Dr 0.3 mi Turn left onto Bonwood Rd 0.1 mi Turn right onto Homestead Rd Destination will be on the left
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,575
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: 0704320129
Home facts updated by county records on Jul 1, 2026
Around this home
Schools
Richardson Park Elementary School
Public K-5 • Assigned • 1.0mi
3/10
duPont (Alexis I.) Middle School
Public 6-8 • Assigned • 2.7mi
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
7/10 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)
35
22
40
26
58
37
66
46
72
54
83
64
87
71
80
62
77
61
68
48
56
39
42
28
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
$238,000 – $288,000
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