OFF MARKET

Off market aug 2025 for $255K

$298,572

Est. refi paymentEst. refi $1,726/mo

•

— ba

•

1,575

sq ft

612 Homestead Rd, Wilmington, DE 19805

About this home

Turnkey Duplex – Cash Flow from Day One! Welcome to 612 Homestead Road, a rare and desirable multi-family investment opportunity featuring two well-maintained 2-bedroom, 1-bath units, both currently occupied with stable tenants. This property offers a solid foundation of monthly income with room for growth. There’s opportunity to increase cash flow over time, making this a smart buy-and-hold investment. Recent updates include high-efficiency HVAC systems and water heaters, with one unit just replaced keeping long-term maintenance costs down. The lower level offers an excellent opportunity to install coin-operated laundry machines, creating an additional income stream and increasing your return on investment. Whether you’re an experienced investor or just entering the market, this property checks all the boxes: strong rental income, low maintenance, and upside potential. Opportunities like this don’t come up often so schedule your private tour today and start building wealth with 612 Homestead Road.

Multi-familyProperty Type

1965Year Built

3,049 sq ftLot Size

$190Est. Price/Sq.Ft.

1 car garageParking

Listed by Hovik Nazarian • Long & Foster Real Estate, Inc.

•302-351-5000 (broker)

•maggie@lnf.com (broker)

Bought with Dakota Williams • Long & Foster Real Estate, Inc.

•302-234-1111 (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #DENC2085560

Redfin Estimate

$298,572

$44K since sold in August 2025$30K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.1% higher than the average sale price ($253K) of 6 comparable homes.

SOLD AUG 31, 2026
$175,000
A
3 beds2 baths1,500 sq ft
1519 Clayton Rd, Wilmington, DE 19805
SOLD SEP 18, 2026
$235,000
B
4 beds2 baths1,600 sq ft
2125 Seneca Rd, Wilmington, DE 19805
SOLD JUN 15, 2026
$252,900
C
4 beds2 baths1,600 sq ft
2114 Seneca Rd, Wilmington, DE 19805
SOLD AUG 5, 2026
$265,000
D
3 beds1.5 baths1,450 sq ft
1100 Clayton Rd, Wilmington, DE 19805
SOLD AUG 3, 2026
$240,000
E
3 beds1.5 baths1,575 sq ft
1720 Beech St, Wilmington, DE 19805
SOLD AUG 28, 2026
$349,000
F
3 beds2 baths1,525 sq ft
202 N Bancroft Pkwy, Wilmington, DE 19805

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$79,349

Est. take-home

List your home with Redfin and save $2,986

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 19805, DE

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.6%

+1.6% MoM

Median sale price

$275K

$20K MoM

Avg. days on market

35d

8 days MoM

Recently sold homes

114

7 MoM

New listings for sale

NEW 5 MINS AGO
$219,900
3 beds1 bath1,375 sq ft
1319 W 5th St, Wilmington, DE 19805
COMING SOON
$350,000
3 beds2.5 baths2,075 sq ft
2426 W 7th St, Wilmington, DE 19805
(302) 571-8855
NEW 4 HRS AGO
$269,900
3 beds1.5 baths1,275 sq ft
2709 W 6th St, Wilmington, DE 19805
(302) 888-0300
OPEN SUN, 10AM TO 12PM
$279,900
2 beds1.5 baths1,440 sq ft
449 S Union St, Wilmington, DE 19805
(302) 239-3000
COMING SOON
$325,000
5 beds2 baths2,325 sq ft
1033 N Clayton St N #1033, Wilmington, DE 19805
(302) 992-9500
OPEN TODAY, 4:30PM TO 6:30PM
$465,000
3 beds2 baths1,750 sq ft
707 Nottingham Rd, Wilmington, DE 19805
(302) 202-9855
COMING SOON
$150,000
3 beds1 bath1,125 sq ft
2315 W 6th St, Wilmington, DE 19805
(610) 436-6500
COMING SOON
$459,900
3 beds2 baths1,517 sq ft
12 Crawford Cir, Wilmington, DE 19805
(302) 239-3000
LISTED BY REDFIN
$335,000
3 beds2.5 baths1,400 sq ft
641 S Connell St, Wilmington, DE 19805
$269,900
3 beds1 bath1,075 sq ft
227 S Union St, Wilmington, DE 19805
(302) 504-6147
See all

Provided by Redfin

Sale history for 612 Homestead Rd

Date

Event

Price

BRIGHT MLS #DENC2085560

Aug 22, 2025

Sold

$255,000

$162/sq ft

Jul 16, 2025

Pending

—

Jul 11, 2025

Listed

$249,900

$159/sq ft

Jul 10, 2025

Coming Soon

$249,900

$159/sq ft

PROPERTYWARE #1

Feb 25, 2025

Rental Removed

$1,295

$1/sq ft

Feb 7, 2025

Listed for Rent

$1,295

$1/sq ft

BRIGHT MLS #DENC2005602

Oct 8, 2021

Sold

$145,000

$92/sq ft

Sep 30, 2021

Pending

—

Aug 30, 2021

Contingent

—

Aug 23, 2021

Listed

$154,900

$98/sq ft

Excellent income producing property. Located close to public transportation, major highways and shopping. This two unit property offers over $1,600 per month in total rents. Both units are Section 8 tenants. The features include: updated roof, central air, one car garage along with additional storage in the basement level. Both units feature two bedrooms, full bath, kitchen and living rooms. The current tenants have been renting for many years. This property is a turn-key investment and ready for a new owner.

Public Records

Aug 21, 2001

Sold

$60,000

$38/sq ft

BRIGHT MLS #DENC275264

Apr 30, 1996

Sold

$50,000

$32/sq ft

Jan 31, 1996

Listed

$50,000

$32/sq ft

Jan 31, 1996

Listing Removed

—

Public Records

Dec 1, 1978

Sold

$29,000

$18/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,303 (+47.0%)

$42,100 + $220,300

$262,400

2024

$1,567 (+13.4%)

$42,100 + $220,300

$262,400

2023

$1,382 (−1.2%)

$7,100 + $35,300

$42,400

2022

$1,398

$7,100 + $35,300

$42,400

2021

$1,398 (−0.3%)

$7,100 + $35,300

$42,400

2020

$1,403 (+0.2%)

$7,100 + $35,300

$42,400

2019

$1,401 (+2.0%)

$7,100 + $35,300

$42,400

2018

$1,373 (+1.2%)

$7,100 + $35,300

$42,400

2017

$1,356 (+4.7%)

$7,100 + $35,300

$42,400

2016

$1,295 (+6.8%)

$7,100 + $35,300

$42,400

2015

$1,213 (+8.0%)

$7,100 + $35,300

$42,400

2014

$1,123 (+1.3%)

$7,100 + $35,300

$42,400

2013

$1,108 (+4.3%)

$7,100 + $35,300

$42,400

2012

$1,063

$7,100 + $35,300

$42,400

Tax history for 612 Homestead Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,303 (+47.0%)

$42,100 + $220,300

$262,400

2024

$1,567 (+13.4%)

$42,100 + $220,300

$262,400

2023

$1,382 (−1.2%)

$7,100 + $35,300

$42,400

2022

$1,398

$7,100 + $35,300

$42,400

2021

$1,398 (−0.3%)

$7,100 + $35,300

$42,400

2020

$1,403 (+0.2%)

$7,100 + $35,300

$42,400

2019

$1,401 (+2.0%)

$7,100 + $35,300

$42,400

2018

$1,373 (+1.2%)

$7,100 + $35,300

$42,400

2017

$1,356 (+4.7%)

$7,100 + $35,300

$42,400

2016

$1,295 (+6.8%)

$7,100 + $35,300

$42,400

2015

$1,213 (+8.0%)

$7,100 + $35,300

$42,400

2014

$1,123 (+1.3%)

$7,100 + $35,300

$42,400

2013

$1,108 (+4.3%)

$7,100 + $35,300

$42,400

2012

$1,063

$7,100 + $35,300

$42,400

*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

150 ft.

Lot size

3,049 Sq. Ft.

Year renovated

—

Sq. Ft.

1,575

Year built

1965

Style

Multi-Family (2-4 Unit)

County

New Castle County

APN

0704320073

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

Property details

Parking

Parking Information
# of Attached Garage Spaces: 1
Garage Features: Garage - Rear Entry, Inside Access
# of Total Garage and Parking Spaces: 1
Has Garage
# of Garage Spaces: 1
Attached Garage

Interior

Interior Information
Living Area Sq.Ft. Source: Estimated

Multi Unit Information
# of Two Bedroom Units: 2
# of Units Leased: 2
Other Units: Unit 1,Unit 2

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $35,300
Ownership Interest: Fee Simple
Year Built Source: Estimated

Building Information
# of Units (Total): 2
Construction Materials: Brick
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Structure Type: Interior Townhouse/Rowhouse

Lot Information
Tidal Water: No

Land Information
Land Assessed Value: $7,100

Above Grade Information
Finished Sq.Ft.: 1,575
Finished Sq.Ft. Source: Estimated

Below Grade Information
Unfinished Sq.Ft. Source: Estimated
Finished Sq.Ft. Source: Estimated

Financial

Tax Information
County Tax: $352
School Tax: $1,046
Tax Assessed Value: $42,400
Tax Year: 2021
Tax Annual Amount: $1,398

Assessments Information
Year Assessed: 2021

Rental Information
Rent Control: No

Utilities

Utilities Information
Cooling Fuel: Electric
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: UNKNOWN
Directions: Use GPS directions for 612 Homestead Road

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: 1965
Year Renovated: —
County: New Castle County
APN: 0704320073

Home facts updated by county records on Sep 18, 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 • 2.8mi

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

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

$284,000 – $344,000

Reach more buyers when you sell with Redfin. Save up to $2,986 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

$950,000

Land— sq ft

S Broadway, Pennsville, NJ 08070

(856) 678-5533

$600,000

5 beds5 baths3,420 sq ft

1801 W Fourth St, Wilmington, DE 19805

(302) 429-4500

$295,000

6 beds— baths2,513 sq ft

26-28 Main St, Pennsville, NJ 08070

(856) 322-0200

$350,000

6 beds— baths2,775 sq ft

600 W 5th St, Wilmington, DE 19801

(302) 266-7544

$699,000

6 beds3.5 baths4,075 sq ft

1600 Philadelphia Pike, Wilmington, DE 19809

(215) 923-7600

$300,000

2 beds1.5 baths1,225 sq ft

123 Kentucky Ave, Wilmington, DE 19804

(302) 234-3800

New listings for sale in 19805

NEW 5 MINS AGO

$219,900

3 beds1 bath1,375 sq ft

1319 W 5th St, Wilmington, DE 19805

COMING SOON

$350,000

3 beds2.5 baths2,075 sq ft

2426 W 7th St, Wilmington, DE 19805

(302) 571-8855

NEW 4 HRS AGO

$269,900

3 beds1.5 baths1,275 sq ft

2709 W 6th St, Wilmington, DE 19805

(302) 888-0300

OPEN SUN, 10AM TO 12PM

$279,900

2 beds1.5 baths1,440 sq ft

449 S Union St, Wilmington, DE 19805

(302) 239-3000

COMING SOON

$325,000

5 beds2 baths2,325 sq ft

1033 N Clayton St N #1033, Wilmington, DE 19805

(302) 992-9500

OPEN TODAY, 4:30PM TO 6:30PM

$465,000

3 beds2 baths1,750 sq ft

707 Nottingham Rd, Wilmington, DE 19805

(302) 202-9855

COMING SOON

$150,000

3 beds1 bath1,125 sq ft

2315 W 6th St, Wilmington, DE 19805

(610) 436-6500

COMING SOON

$459,900

3 beds2 baths1,517 sq ft

12 Crawford Cir, Wilmington, DE 19805

(302) 239-3000

LISTED BY REDFIN3D WALKTHROUGH

$335,000

3 beds2.5 baths1,400 sq ft

641 S Connell St, Wilmington, DE 19805

Home values near 612 Homestead Rd

Data from public records.

Address	Redfin Estimate
621 Homestead Rd, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$291,587
624 Homestead Rd, Wilmington, DE - Beds \| - Baths \| 1575 Sq. Ft.	$277,930

Address	Redfin Estimate
619 Homestead Rd, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$275,209
600 Homestead Rd, Wilmington, DE 4 Beds \| - Baths \| 1575 Sq. Ft.	$273,265

Address	Redfin Estimate
614 Homestead Rd, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$267,327
604 Homestead Rd, Wilmington, DE 4 Beds \| 2 Baths \| 1575 Sq. Ft.	$246,533

Property information provided by undefined .

More real estate resources

Zip Codes
Minor Civil Divisions
Cities
Neighborhoods
Popular Searches

19806 homes for sale
19809 homes for sale
19801 homes for sale
19803 homes for sale
19805 homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Logan Township homes for sale
Harrison Township homes for sale
Woolwich Township homes for sale
Pilesgrove Township homes for sale
East Greenwich Township homes for sale

Houses for rent in Wilmington	Agents near me	Bethany Beach, DE homes for sale	Wilmington Housing Market
Houses for sale near me	Wilmington, DE homes for sale	Middletown, DE homes for sale
Land for sale near me	Rehoboth Beach, DE homes for sale	Dover, DE homes for sale
Open Houses near me	Lewes, DE homes for sale	Wilmington Property Records
Condos for sale near me	Newark, DE homes for sale	DE New Listings

Media homes for sale
West Chester homes for sale
Philadelphia homes for sale