1302 Cypress Ave, Wilmington, DE 19805

Wilmington
Local realty services provided by:ERA Martin Associates
1302 Cypress Ave,Wilmington, DE 19805
$159,000
  • 2 Beds
  • 1 Baths
  • 720 sq. ft.
  • Townhouse
  • Active
Listed by: lee franklin wolff
Office: fsbo broker
MLS#:DENC2107668
Source:BRIGHTMLS

Price summary

  • Price:$159,000
  • Price per sq. ft.:$220.83

About this home

1302 Cypress Ave is a fantastic opportunity for both investors and owner-occupants looking to build long-term wealth through real estate. This 2-bedroom, 1-bath home features a functional layout, a full unfinished basement, and off-street parking for two vehicles in the rear. With only light cosmetic updates and minor repairs needed, it's an ideal buy-and-hold rental with strong cash flow potential. For owner-occupants, this is a chance to stop paying rent, build equity, and potentially have a lower monthly payment than renting. Live in the home while making improvements at your own pace, then convert it into a rental and continue growing your real estate portfolio. Conveniently located near shopping, restaurants, downtown Wilmington, and major highways. Sold As-Is. Seller will make no repairs.

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Home facts

  • Year built:1942
  • Subdivision & Development:ELSMERE GARDENS
  • Listing ID #:DENC2107668
  • Added:22 day(s) ago
  • Updated:August 14, 2026 at 01:59 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:720 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air, Oil

Structure and exterior

  • Year built:1942
  • Building area:720 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Traditional
  • Construction Materials:Concrete, Stick Built
  • Foundation Description:Permanent
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$159,000
  • Price per sq. ft.:$220.83
  • Tax amount:$1,750 (2025)

Features and amenities

  • Laundry features:Hookup

Parking

  • Parking description:Off Street, On Street

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