$425,000
SOLD AUG 20, 2025

17 Central Ave Wilmington, DE 19805

Ashley Neighborhood
-- Bed
-- Bath
2,675 Sq Ft
9,147 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

49 Days on Market

About This Home

As of August 2025

This is a rare investment opportunity to acquire a well-maintained duplex at 315-317 Central Ave in Wilmington, DE, offering both immediate rental income and significant potential future income. With two 3-bedroom, 2-bathroom units, this property is perfectly designed for long-term investment, providing the ideal setup for renters or owners looking for spacious living.
Unit 315 has been completely renovated and is move-in ready, featuring modern updates throughout, including all new appliances. This unit is currently vacant, making it an excellent opportunity for an owner-occupant or to attract new tenants right away.
Unit 317 is currently occupied by a tenant under a lease that runs through June 2025, paying $1,440/month with the potential to increase up to $1,800/month once the lease allows, offering substantial potential future income.
The property is strategically located in a desirable area of Wilmington, with easy access to local amenities, shopping, dining, and public transportation. The combination of a renovated, vacant unit and an occupied unit with an established tenant makes this duplex an exceptional and rare investment opportunity. Whether you're looking to add to your portfolio or explore a property that provides both immediate and long-term rental income, this is a prime opportunity.
Don’t miss your chance to own this income-producing duplex in a growing market. Schedule a showing today and seize this rare opportunity.

Last Agent to Sell the Property

Rakan Abuzahra

(302) 202-9855 rakan.a@firststatehometeam.com Keller Williams Realty Wilmington Listed on: 04/11/2025

Keller Williams Realty Wilmington

Co-Listed By

MARK NOEL

(302) 761-0116 markn6240@gmail.com Keller Williams Realty Wilmington

Last Buyer's Agent

Kelly Diaz

(201) 741-8110 diazdelivers@gmail.com Keller Williams Realty Wilmington License #RS0036820

Keller Williams Realty Wilmington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,875

Year Built

  • Built in 1930

Lot Details

  • 9,147 Sq Ft Lot
  • Lot Dimensions are 75.00 x 120.00

Home Design

  • 2,675 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 07-038.30-107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,875

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 4/12/2025 12:00:00 AM
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: This is a rare investment opportunity to acquire a well-maintained duplex at 315-317 Central Ave in Wilmington, DE, offering both immediate rental income and significant potential future income. With two 3-bedroom, 2-bathroom units, this property is perfectly designed for long-term investment, providing the ideal setup for renters or owners looking for spacious living. Unit 315 has been completely renovated and is move-in ready, featuring modern updates throughout, including all new appliances. This unit is currently vacant, making it an excellent opportunity for an owner-occupant or to attract new tenants right away. Unit 317 is currently occupied by a tenant under a lease that runs through June 2025, paying $1,440/month with the potential to increase up to $1,800/month once the lease allows, offering substantial potential future income. The property is strategically located in a desirable area of Wilmington, with easy access to local amenities, shopping, dining, and public transportation. The combination of a renovated, vacant unit and an occupied unit with an established tenant makes this duplex an exceptional and rare investment opportunity. Whether you're looking to add to your portfolio or explore a property that provides both immediate and long-term rental income, this is a prime opportunity. Don’t miss your chance to own this income-producing duplex in a growing market. Schedule a showing today and seize this rare opportunity.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2675
  • Living Area Sq Ft: 2675
  • Price Per Sq Ft: 158.88
  • Above Grade Finished Sq Ft: 2675
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 315

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 75.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9147.00
  • Year Assessed: 2024
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1442.00
  • Tax Annual Amount: 1875.00
  • Assessor Parcel Number: 07-038.30-107
  • Tax Lot: 107
  • Tax Total Finished Sq Ft: 2675
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/20/2025

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Sold $425,000 0.0% $159 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $425,000 0.0% $159 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $425,000 -- $159 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rakan Abuzahra

    Seller's Agent in 2025

    Rakan Abuzahra

    Keller Williams Realty Wilmington

    (302) 202-9855

    8 in this area

    169 Total Sales

    Rakan Abuzahra
    Section Image

  • M

    Seller Co-Listing Agent in 2025

    MARK NOEL

    Keller Williams Realty Wilmington

    (302) 761-0116

    1 in this area

    9 Total Sales

    MARK NOEL
    Section Image
  • Kelly Diaz

    Buyer's Agent in 2025

    Kelly Diaz

    Keller Williams Realty Wilmington

    (201) 741-8110

    2 in this area

    122 Total Sales

    Kelly Diaz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2079084

Bright MLS
Delaware New Castle County Wilmington 19805 Ashley

17 Central Ave, Wilmington, DE

This home is located at 17 Central Ave, Wilmington, DE 19805 and is currently priced at $425,000, approximately $158 per square foot. This property was built in 1930. 17 Central Ave is a home located in New Castle County with nearby schools including Marbrook Elementary School, Alexis I. du Pont Middle School, and Thomas McKean High School.

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