$495,000
SOLD SEP 1, 2025
-- Bed
-- Bath
2,225 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

1% Below List Price

35 Days on Market

Highlights

  • Victorian Architecture
  • Hot Water Heating System
  • 4-minute walk to Conaty Park
  • No HOA

About This Home

As of September 2025

Welcome to 1329 N DuPont Street, a well-maintained triplex located in the heart of Wilmington’s desirable Trolley Square neighborhood. This fully occupied 3-unit property offers solid income potential with the added flexibility of future rent increases or owner-occupancy.
The first-floor unit features 2 spacious bedrooms, 1 full bathroom, and in-unit washer and dryer. It is currently rented at $1,375/month.
The second-floor unit mirrors the first with 2 bedrooms, 1.5 bathrooms, and in-unit laundry, also generating $1,375/month.
The third-floor unit is a charming efficiency, ideal for a single tenant, bringing in $975/month.
All tenants are currently on month-to-month leases, offering a savvy investor the opportunity to adjust rents to market value or reconfigure for owner occupancy.
This property is in very good condition, with separate heat, low maintenance, and strong rental history. Whether you’re looking to expand your portfolio or live in one unit while offsetting your mortgage with rental income, 1329 N DuPont Street is a smart move in a high-demand area.
Conveniently located near parks, restaurants, shops, and major routes, this is a rare find in one of Wilmington’s most walkable and vibrant neighborhoods.
Don’t miss out on this turnkey investment—schedule your showing today!

Last Agent to Sell the Property

Jeff Stape

(302) 202-9855 jeff.stape@compass.com Compass License #RB0001709 Listed on: 06/26/2025

Compass

Co-Listed By

Mark Stape

(302) 507-5611 mark.stape@compass.com Compass License #RS-2184965

Last Buyer's Agent

Nick Greif

nick@nicksoldit.com Thyme Real Estate Co LLC License #RS0039084

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,204

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 19.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 2,225 Sq Ft Home
  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • No Cooling
  • Hot Water Heating System
  • Electric Water Heater
  • Municipal Trash
  • Public Septic

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for water, real estate taxes, insurance
  • No Smoking Allowed
  • Tax Lot 132
  • Assessor Parcel Number 26-020.10-132

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Trolley Square Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $6,764
  • Net Operating Income $37,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,204

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Victorian
  • Accessibility Features: 32"+ Wide Doors
  • Habitable Residence: No
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Buildout Allowance: No
  • Remarks Public: Welcome to 1329 N DuPont Street, a well-maintained triplex located in the heart of Wilmington’s desirable Trolley Square neighborhood. This fully occupied 3-unit property offers solid income potential with the added flexibility of future rent increases or owner-occupancy. The first-floor unit features 2 spacious bedrooms, 1 full bathroom, and in-unit washer and dryer. It is currently rented at $1,375/month. The second-floor unit mirrors the first with 2 bedrooms, 1.5 bathrooms, and in-unit laundry, also generating $1,375/month. The third-floor unit is a charming efficiency, ideal for a single tenant, bringing in $975/month. All tenants are currently on month-to-month leases, offering a savvy investor the opportunity to adjust rents to market value or reconfigure for owner occupancy. This property is in very good condition, with separate heat, low maintenance, and strong rental history. Whether you’re looking to expand your portfolio or live in one unit while offsetting your mortgage with rental income, 1329 N DuPont Street is a smart move in a high-demand area. Conveniently located near parks, restaurants, shops, and major routes, this is a rare find in one of Wilmington’s most walkable and vibrant neighborhoods. Don’t miss out on this turnkey investment—schedule your showing today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2225
  • Living Area Sq Ft: 2225
  • Price Per Sq Ft: 222.47
  • Above Grade Finished Sq Ft: 2225
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1329

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Pool Private: No
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Fencing: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Open Parking: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling: No
  • Electricity On Property: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Irrigation Water Rights: No
  • Land Lease: No
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Attached Yn: No
  • Year Assessed: 2024
  • Zoning: 26R-3
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Green Verification: No

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Water, Taxes - Real Estate, Insurance
  • Pets Allowed: No
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Total Actual Rent: 44700.00
  • Units Leased Count: 3
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • School Tax: 2303.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4203.60
  • Assessor Parcel Number: 26-020.10-132
  • Tax Lot: 132
  • Tax Total Finished Sq Ft: 2225
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 09/01/2025
  • Tax Opportunity Zone: No

Multi Family

  • Operating Expense: 6764.00
  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 1

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2025
Closed on
Aug 29, 2025
Sold by
Weiler Scott
Bought by
Roberson Nazr
Seller's Agent
Jeff Stape
Compass
Buyer's Agent
Nick Greif
Thyme Real Estate Co LLC
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%
Views
144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.44%
Original Mortgage
$11,850
Outstanding Balance
$11,850
Interest Rate
6.74%
Estimated Equity
$506,388

Purchase Details

Closed on
May 5, 2004
Sold by
Trostle Craig R and Trostle Patricia A
Bought by
Weiler Scott

Purchase Details

Closed on
May 11, 2001
Sold by
Butler Paul Brandt
Bought by
Trostle Craig R and Trostle Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.88%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $415,000 None Listed On Document
Deed $264,700 --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $11,850 No Value Available
Open $395,000 New Conventional
Previous Owner $123,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2025 09/01/25 Sold $495,000 -1.0% $222 / Sq Ft
06/26/2025 06/26/25 For Sale $499,900 -- $225 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,506 $80,300 $8,500 $71,800
2023 $2,177 $80,300 $8,500 $71,800
2022 $2,188 $80,300 $8,500 $71,800
2021 $2,184 $80,300 $8,500 $71,800
2020 $2,196 $80,300 $8,500 $71,800
2019 $3,810 $80,300 $8,500 $71,800
2018 $2,186 $80,300 $8,500 $71,800
2017 $2,182 $80,300 $8,500 $71,800
2016 $2,068 $80,300 $8,500 $71,800
2015 $3,403 $80,300 $8,500 $71,800
2014 $3,230 $80,300 $8,500 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2084786

Bright MLS

APN: 26-020.10-132