This home's estimate is 17.6% higher than the average sale price ($242K) of 6 comparable homes.
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569 Homestead Rd, Wilmington, DE 19805
About this home
Welcome to this incredible investment opportunity in Alban Park! This turn-key, vacant duplex is a golden ticket for both new and seasoned investors looking to diversify their portfolio. Consisting of two rent-ready units, each featuring 2 bedrooms and 1 bathroom, the property is freshly painted and professionally cleaned for immediate tenancy. Amenities include off-street parking, in-unit laundry, and a shared backyard space, all adding to the rental appeal. Strategically located near public transportation, schools, and shopping centers, this duplex offers not just convenience but also a strong potential for steady rental income. Don't miss your chance to capitalize on this prime investment property. The vacant status means you have the unique opportunity for immediate revenue. Whether you're new to the real estate investment game or a seasoned pro, this property is a simple, straightforward way to generate stable, long-term returns
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Market trends in 19805, DE
Last updated August 2026
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Provided by Redfin
Sale history for 569 Homestead Rd
$143/sq ft
$127/sq ft
$127/sq ft
Tax history for 569 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 Attached Garage Spaces: 2
- Garage Features: Covered Parking
- # of Total Garage and Parking Spaces: 2
- Has Garage
- # of Garage Spaces: 2
- Attached Garage
Interior
- Interior Information
- Living Area Sq.Ft. Source: Assessor
- Multi Unit Information
- # of Two Bedroom Units: 2
- # of Vacant Units: 2
- Gross Income: $28,000
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $43,800
- Ownership Interest: Fee Simple
- Property Condition: Average
- Year Built Source: Assessor
- Building Information
- # of Units (Total): 2
- Construction Materials: Brick
- Foundation Details: Block
- Other Structures: Above Grade, Below Grade
- Structure Type: Interior Townhouse/Rowhouse
- Lot Information
- Lot Size Dimensions: 20.20 x 149.80
- Lot Dimensions Source: Assessor
- Tidal Water: No
- Land Information
- Land Assessed Value: $7,100
- Above Grade Information
- Finished Sq.Ft.: 1,575
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- County Tax: $421
- School Tax: $1,258
- Tax Assessed Value: $50,900
- Tax Year: 2022
- Tax Annual Amount: $1,679
- Assessments Information
- Year Assessed: 2022
Utilities
- Utilities Information
- 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
- School District Source: Listing Agent
- Location Information
- Outside City Limits
- Cross Street: Bonwood
- Directions: Bonwood rd to right on Homestead. Property is 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: 0704320111
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 569 Homestead Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | - Baths | 1575 Sq. Ft. | $252,833 |
4 Beds | 2 Baths | 1575 Sq. Ft. | $286,022 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1575 Sq. Ft. | $275,661 |
4 Beds | 2 Baths | 1575 Sq. Ft. | $293,798 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | - Sq. Ft. | $243,150 |
4 Beds | 2 Baths | 1575 Sq. Ft. | $219,347 |
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