615 W 5th St, Wilmington, DE 19801

Wilmington
Local realty services provided by:ERA Reed Realty, Inc.
615 W 5th St,Wilmington, DE 19801
$159,900
  • 4 Beds
  • 2 Baths
  • 1,775 sq. ft.
  • Townhouse
  • Active
Listed by: barry g godfrey
Office: home finders real estate company
MLS#:DENC2096270
Source:BRIGHTMLS

Price summary

  • Price:$159,900
  • Price per sq. ft.:$90.08

About this home

Quaker Hill Area: 4 Bedroom, 1.5 Baths, 3 Story Townhouse. This home is ready for either an investor or first time home buyer now!!! All that the new owner will need to do is MOVE IN! This home is priced to SELL! Investor-ready cash-flow opportunity with proven rent at $1,700/month. This property delivers an estimated $17,400 NOI ( 10.9% cap rate) with low operating expenses. Ideal for local and out-of-state investors seeking immediate income, strong returns, and upside potential. Section 8 rentals for 4 bedrooms in this neighborhood are $2,000-$2,300/month. This property is great for investors, rental ready!!

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Home facts

  • Year built:1875
  • Listing ID #:DENC2096270
  • Added:66 day(s) ago
  • Updated:April 04, 2026 at 01:37 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,775 sq. ft.

Heating and cooling

  • Heating:Electric, Wall Unit

Structure and exterior

  • Year built:1875
  • Building area:1,775 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Stone
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$159,900
  • Price per sq. ft.:$90.08
  • Tax amount:$2,921 (2025)

Parking

  • Parking description:On Street

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