# 1114 S RODNEY STREET, Wilmington, DE 19805

> **TL;DR:** multi-family, $249,500, built 1940. Est. $1,335/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $249,500 |
| Year Built | 1940 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,262 |
| Estimated Insurance | $73 |
| **Total** | **$1,335** |

## Property Highlights

- Built in 1940

## Description

### Agent Description
This turn-key duplex is a low-maintenance, income-producing investment with positive cash flow. Both units have been recently renovatedthe second-floor apartment in 2024 and the first-floor apartment in 2026 at a cost of $11,000making 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.The second-floor apartment currently rents for $1,175, and the newly renovated first floor is projected to rent for $1,290, for combined projected income of $2,465 per month. 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 $1,714 (principle $225,000 loan), interest, taxes, insurance, water, and house meter). This results in positive cash flow of approximately $700 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 1112 S. Rodney is also available for sale.Licensed fee appraisal was done and appraised value is $250,000. Appraisal report is available upon request.All appointments require 24-hour notice.

## Location

- **Address:** 1114 S RODNEY STREET, Wilmington, DE 19805
- **County:** NEW CASTLE
- **Neighborhood:** CLELAND HEIGHTS
- **Coordinates:** 39.73572, -75.57349
- **Google Maps:** https://www.google.com/maps?q=39.73572,-75.57349

## Listing Agent

- **Name:** Bruno Caputo
- **Brokerage:** BHHS Fox & Roach Greenville Home Marketing Center
- **Phone:** 3024638670

## Primary Photo

![1114 S RODNEY STREET - Primary Photo](http://lh.rdcpix.com/731978eec7fe6081a422ea593cb2dcc0l-f609296484r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.ai/listing/1114-s-rodney-street-wilmington-de-19805-c2107828)*

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**MLS#:** DENC2107828 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach,  Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1114-s-rodney-street-wilmington-de-19805-c2107828)

---

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  "name": "1114 S RODNEY STREET, Wilmington, DE 19805",
  "description": "This turn-key duplex is a low-maintenance, income-producing investment with positive cash flow. Both units have been recently renovatedthe second-floor apartment in 2024 and the first-floor apartment in 2026 at a cost of $11,000making 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.The second-floor apartment currently rents for $1,175, ",
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