Investor Alert! This well maintained and profitable duplex is now on the market. This building offers 2, two bedroom apartments, a basement, two garages, and washer/dryer hook ups. Unit A, has a month to month tenant in place. Unit B, has a long term tenant in place. This property has great cash flow to add to your portfolio. Tenants pay water, sewer, electric, and gas. Owner pays trash.
Multi-familyProperty Type
1960Year Built
8,712 sq ftLot Size
$154Est. Price/Sq.Ft.
2 car garageParking
Listed by Heather Sinclair• EXP Realty, LLC
•888-543-4829 (broker)
•de.broker@exprealty.net (broker)
Bought with Barry Godfrey• Home Finders Real Estate Company
Retired owner says sell! Duplex on sought after Bonwood Rd is ready for your new tenants. Rents in the area range from $650.00 to $850.00 per unit. Property is a first floor over 2nd floor duplex. Each unit has 2 bedrooms, 1 bath with a living room and dining room. Includes a full basement with laundry hookups for each unit and an inside door leading to the 2 car garage, one for each unit. Separate systems so the tenants pay their own electric, water, and heat. Owner pays taxes, sewer, and insurance. Let's make a deal!!!
BRIGHT MLS #1009080724
Jan 10, 2012
Listing Removed
—
Jun 8, 2010
Listed
$84,900
$39/sq ft
BRIGHT MLS #1008964112
May 30, 2010
Listing Removed
—
Jan 3, 2010
Listed
$124,900
$57/sq ft
Public Records
Aug 31, 1999
Sold
$55,000
$25/sq ft
Public Records
Feb 1, 1983
Sold
$39,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,576 (+117.0%)
$58,800 + $234,800
$293,600
2024
$1,648 (+13.4%)
$58,800 + $234,800
$293,600
2023
$1,454 (−1.2%)
$9,200 + $35,400
$44,600
2022
$1,471
$9,200 + $35,400
$44,600
2021
$1,471 (−6.7%)
$9,200 + $35,400
$44,600
2020
$1,576 (+6.9%)
$9,200 + $35,400
$44,600
2019
$1,473 (+7.8%)
$9,200 + $35,400
$44,600
2018
$1,366 (+1.2%)
$9,200 + $35,400
$44,600
2017
$1,350 (+4.7%)
$9,200 + $33,000
$42,200
2016
$1,289 (+6.8%)
$9,200 + $33,000
$42,200
2015
$1,207 (+8.1%)
$9,200 + $33,000
$42,200
2014
$1,117 (+1.3%)
$9,200 + $33,000
$42,200
2013
$1,103 (+4.3%)
$9,200 + $33,000
$42,200
2012
$1,058
$9,200 + $33,000
$42,200
Tax history for 601 Homestead Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,576 (+117.0%)
$58,800 + $234,800
$293,600
2024
$1,648 (+13.4%)
$58,800 + $234,800
$293,600
2023
$1,454 (−1.2%)
$9,200 + $35,400
$44,600
2022
$1,471
$9,200 + $35,400
$44,600
2021
$1,471 (−6.7%)
$9,200 + $35,400
$44,600
2020
$1,576 (+6.9%)
$9,200 + $35,400
$44,600
2019
$1,473 (+7.8%)
$9,200 + $35,400
$44,600
2018
$1,366 (+1.2%)
$9,200 + $35,400
$44,600
2017
$1,350 (+4.7%)
$9,200 + $33,000
$42,200
2016
$1,289 (+6.8%)
$9,200 + $33,000
$42,200
2015
$1,207 (+8.1%)
$9,200 + $33,000
$42,200
2014
$1,117 (+1.3%)
$9,200 + $33,000
$42,200
2013
$1,103 (+4.3%)
$9,200 + $33,000
$42,200
2012
$1,058
$9,200 + $33,000
$42,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
—
Sq. Ft.
2,175
Year built
1960
Style
Multi-Family (2-4 Unit)
County
New Castle County
APN
0704320107
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 1, 2026.
Property details
Parking
Parking Information
# of Attached Garage Spaces: 2
Garage Features: Garage - Rear Entry
# of Total Garage and Parking Spaces: 2
Has Garage
# of Garage Spaces: 2
Attached Garage, Off Street, On Street
Interior
Interior Information
Flooring Type: Wood, Vinyl
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: Yes
Unfinished
Multi Unit Information
# of Two Bedroom Units: 2
# of Units Leased: 2
# of Month To Month Units: 1
Other Units: Unit 1,Unit 2
Income Includes: Apartment Rentals
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 2
Construction Materials: Brick
Foundation Details: Other
Other Structures: Above Grade, Below Grade
Roof: Flat
Structure Type: End of Row/Townhouse
Exterior Information
Sidewalks, Street Lights
Lot Information
Lot Size Dimensions: 33.10 x 151.30
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $9,200
Above Grade Information
Finished Sq.Ft.: 2,175
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
County Tax: $369
School Tax: $1,103
School Tax Payment Frequency: Annually
Tax Assessed Value: $1,471
Tax Year: 2022
Tax Annual Amount: $1,471
Assessments Information
Year Assessed: 2022
Lease Information
Existing Lease Type: Month to Month, Yearly
Rental Information
Total Actual Rent: $30,600
Utilities
Utilities Information
Cooling Type: Wall Unit
Cooling Fuel: Electric
Fuses
Forced Air, Radiant
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Municipal Trash: No
Location
School Information
School District Name: RED CLAY CONSOLIDATED
School District Source: Listing Agent
Location Information
Outside City Limits
Directions: GPS
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,175
Stories: 2.0
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1960
Year Renovated: —
County: New Castle County
APN: 0704320107
Home facts updated by county records on Jul 1, 2026
Other
Listing Information
Automatically Close on Close Date
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 • 2.8mi
1/10
Dickinson (John) High School
Public 6-12 • Assigned • 5.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
$319,000 – $386,000
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