This home's estimate is 10.3% lower than the average sale price ($285K) of 6 comparable homes.
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545 Homestead Rd, Wilmington, DE 19805
About this home
Very Well Maintained 2 Unit Duplex Located in Alban Park. Both units of this duplex are currently vacant, in move in condition- ready for new tenants with possible rental income of $700-$800/month. This home has a 2 car garage with basement access and 2 additional spaces in rear. Each unit has its own electric and water meters, separate heaters and a basement storage closet. Laundry room available on lower level. Appliances in both units are included in as-is condition and both units have been painted throughout. New roof in 2000. The seller has several other duplexes available in Alban Park if buyer is interested in a package. Possible owner financing available.
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Market trends in 19805, DE
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
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Sale history for 545 Homestead Rd
$1/sq ft
$1/sq ft
$1/sq ft
$1/sq ft
$49/sq ft
$57/sq ft





$49/sq ft
$57/sq ft
$79/sq ft
$35/sq ft
Tax history for 545 Homestead Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Total Garage and Parking Spaces: 4
- Street
- # of Open Parking Spaces: 2
- On Street
Interior
- Interior Information
- Entry Location: Common
- Flooring Type: Wood, Fully Carpeted, Vinyl
- Room Information
- Master Bedroom
- Laundry Type: Common
- Basement Information
- Basement: Yes
- Full, Unfinished, Outside Entrance
- Multi Unit Information
- Other Units: Unit 1,Unit 2
- Annual Gross Expense: $1,006
Exterior
- Property Information
- Improvement Assessed Value: $32,600
- Ownership Interest: Fee Simple
- Year Built Source: Estimated
- Building Information
- Construction Not Completed
- Construction Materials: Brick, Asbestos
- Other Structures: Above Grade
- Roof: Flat
- Storage: Basement
- Structure Type: Townhouse/Rowhouse
- Exterior Information
- Sidewalks, Street Lights
- Lot Information
- Lot Size Dimensions: 20X150
- Tidal Water: No
- Land Information
- Land Assessed Value: $7,100
- Above Grade Information
- Finished Sq.Ft.: 1,575
- Finished Sq.Ft. Source: Estimated
Financial
- Tax Information
- Tax Assessed Value: $39,700
- Tax Year: 2009
- Tax Annual Amount: $1,006
Utilities
- Utilities Information
- Cooling Type: Wall Unit
- 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: Maryland Ave. to entrance of Alban Park, left on Bonwood Rd, right on Homestead
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: 0704320123
Around this home
Schools
Public K-5 • Assigned • 1.0mi
Public 6-8 • Assigned • 2.8mi
Public 6-12 • Assigned • 5.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 102° expected this year, 15 days in 30 years
27% chance of strong winds in next 30 years
3 unhealthy days expected this year, 4 days in 30 years
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.
Nearby similar homes
New listings for sale in 19805
Home values near 545 Homestead Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1575 Sq. Ft. | $240,482 |
4 Beds | 2 Baths | 1575 Sq. Ft. | $244,441 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1575 Sq. Ft. | $253,792 |
4 Beds | 2 Baths | 1575 Sq. Ft. | $243,233 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1725 Sq. Ft. | $243,330 |
4 Beds | 2 Baths | - Sq. Ft. | $233,631 |
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