612 Homestead Rd, WILMINGTON, DE 19805
Local realty services provided by:ERA Cole Realty



612 Homestead Rd,WILMINGTON, DE 19805
$249,900
- 4 Beds
- - Baths
- 1,575 sq. ft.
- Multi-family
- Pending
Listed by:hovik nazarian
Office:long & foster real estate, inc.
MLS#:DENC2085560
Source:BRIGHTMLS
Price summary
- Price:$249,900
- Price per sq. ft.:$158.67
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.
Contact an agent
Home facts
- Year built:1965
- Listing Id #:DENC2085560
- Added:39 day(s) ago
- Updated:August 19, 2025 at 07:27 AM
Rooms and interior
- Bedrooms:4
- Living area:1,575 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1965
- Building area:1,575 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$249,900
- Price per sq. ft.:$158.67
- Tax amount:$1,398 (2021)
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