1112 S Rodney St, WILMINGTON, DE

$249,500

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1,360

Square feet

0.05

Acres

About 1112 S Rodney St

This turn-key duplex is a low-maintenance, income-producing investment with positive cash flow. Both units have been recently renovated—2024—making it a strong opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Each unit has a private entrance, and both share access to the backyard. Street parking is available. Rents total $2,295/mo ($1120 & $1,175). Tenants pay gas and electric, while the owner covers water. Owner expenses include the house meter at $20 per month and city water at approximately $90 per month, with total monthly expenses of $1878.00 (principle $225,000 loan), interest, taxes, insurance, water, and house meter). This results in positive cash flow of approximately $400 per month. Located in a convenient Wilmington neighborhood close to major routes, shopping, and city amenities, this property offers reliable rental income with minimal upkeep. The adjacent property at 1114 S. Rodney SOLD on 9/4/26 for $250,000 Licensed fee appraisal was done and appraised value is $250,000. Appraisal report is available upon request. Pictures are of 1114A S. Rodney All appointments require 24-hour notice.

Features of 1112 S Rodney St

MLS® # DENC2107700
Price $249,500
Bathrooms 0.00
Square Footage 1,360
Acres 0.05
Year Built 1940
Type Multi-Family
Sub-Type Duplex,Twin/Semi-Detached
Style Other
Status Active

Community Information

Address 1112 S Rodney St
Area Wilmington
Subdivision CLELAND HEIGHTS
City WILMINGTON
County NEW CASTLE-DE
State DE
Zip Code 19805

Amenities

Amenities Bathroom - Soaking Tub
Utilities Electric Available, Natural Gas Available, Sewer Available, Water Available
Is Waterfront No

Interior

Appliances Oven/Range - Gas, Range Hood, Refrigerator
Heating 90% Forced Air, Baseboard - Electric
Cooling None
Has Basement Yes
Basement Full
Fireplace No
# of Stories 2

Exterior

Exterior Brick, Concrete
Exterior Features Fire Escape,Sidewalks,Street Lights,Play Area
Lot Description Level
Windows Screens, Storm, Double Hung
Roof Rubber
Construction Brick, Concrete
Foundation Brick/Mortar, Concrete Perimeter

School Information

District CHRISTINA

Additional Information

Date Listed July 30th, 2026
Days on Market 54
Zoning 26R-2
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Ownership Fee Simple

Listing Details

OfficeBHHS Fox & Roach-Greenville

Listing Map

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