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About This Home

This 3-bedroom, 1-bathroom multi-family at 1602 E AYRE STREET in Wilmington, DE is listed for $225,000 ($150 per sqft). Built in 1953, the home offers 1,500 sqft of living space on a 0.10 acres lot.

Agent Description

INVESTOR ALERT & OPPORTUNITY KNOCKS! This 2-story twin in Wilmington is your next value-add project waiting to happen. Priced with potential in mind, this 3-bedroom, 1-bath home with a full basement offers the perfect canvas for your next flip, rental, or long-term hold.

Inside, you'll find solid bones and a functional layout ready for your vision and upgrades. Outside, a spacious fenced rear yard adds even more appealideal for outdoor living, enjoyment, or boosting resale value. Location is keyjust minutes to I-95, downtown Wilmington, shopping, dining, and major routes, making this a strong candidate for future appreciation or rental demand.

This home is being sold AS-IS and includes remaining personal belongings. With the right updates, the upside is undeniable. Whether you're a seasoned investor or looking for your next project, this is your chance to create equity and maximize returns. Financing Recommended: Cash, 203(k), or hard money only. Don't miss the opportunity to transform this diamond in the rough into something specialschedule your showing today!

Key Features

  • Built in 1953
  • 0.10 acre lot

Property Details

1 full
1953

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

1602 E AYRE STREET

Wilmington, DE 19804

FOREST BROOK GLEN

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom multi-family at 1602 E AYRE STREET is listed at $225,000 ($150/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.

Key features include: Built in 1953, 0.10 acre lot.

This property is listed by Vaidra Johnson and can be reached at 2672252860 or Vaidra.Johnson@foxroach.com.

VJ

Vaidra Johnson

Agent at BHHS Fox & Roach Greenville Home Marketing Center

(267) 225-2860

Listed by BHHS Fox & Roach Greenville Home Marketing Center · View on Broker Site

MLS# DENC2101680· Source: listhub· Updated 33 days ago

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.

1602 E AYRE STREET, Wilmington, DE 19804

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