$1,769 Closing Credit¹
#DENC2077596, Jessica Stiner, Listing Office: RE/MAX Edge
$139,900 List price
1127 Lancaster Ave Wilmington, DE 19805
$1,661
Closing credit¹
3 beds
1 full
1,075 sqft
0.02 acres
$130 / sqft
Townhouse
Property details
About 1127 Lancaster Ave
INVESTOR ALERT! Prime Opportunity – Investment or Starter Home! Don’t miss this excellent opportunity to own a 3-bedroom, 1-bath townhome with strong investment potential. Currently occupied by a long-term, month-to-month tenant who is open to staying—and aware that rent adjustments may occur under new ownership—this property offers immediate rental income. With a bit of TLC, there's significant upside in both property value and potential rental income. Similar homes in the area are generating rents between $1,200 and $1,500 per month, creating a path for increased cash flow. Located in a high-demand rental area, this home offers convenient access to shopping, dining, and major roadways—ideal for both tenants and future buyers. Whether you are an experienced investor or looking for your next project, this property is brimming with possibilities. Schedule your private showing today! Property is being sold As-Is.
Highlights
Home typeTownhouse
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWindow Unit(s)
Size1,075 sqft
BasementYes
Lot size0.02 Acres
Year built1900
ParkingOn Street
MLS #DENC2080906
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Parking: On Street
- Architectural Style: Traditional
- Heating: Forced Air
- Cooling: Window Unit(s)
- List Price: $139,900
- Price/SqFt: $130
- Annual Tax Amount: $303
- Tax Year: 2023
- Directions: Use GPS
- Year Built: 1900
- Stories: 2
- Living Area: 1,075 SqFt
- Lot Size: 0.02 Acres
- MLS Number: DENC2080906
- MLS Name: BRIGHT
- Office Name: Empower Real Estate, LLC
- Office Phone: (302) 738-2300
- Office Email: vicki@kwempower.com
- Listing Agent: Ricky A Hagar
- Agent Phone: (302) 738-2300
- Agent Email: rickhagar@kw.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$139,900
1127 Lancaster Ave
$1,661
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 21, 2009 | Home Sold | $24,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $11,200 | $303 |
| 2021 | $11,200 | $223 |
| 2020 | $11,200 | $306 |
| 2019 | $11,200 | $304 |
| 2018 | $11,200 | $304 |
| 2017 | $11,200 | $288 |
History based on county public records data.
Nearby schools
5
William C. Lewis Dual Language Elementary School
Public District KG-5
0.6 mi
•920 N Van Buren St
3
Stubbs Early Education Center
Public District PK-KG
1.3 mi
•1100 N Pine St
4
Highlands Elementary School
Public District KG-5
1.3 mi
•2100 Gilpin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,056. Most Wilmington, DE residents have annual incomes less than $<35k. Typical family type is single, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
56%
<35k
35%
35k-100k
6%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
36%
Single, No Kids
42%
Single, with Kids
8%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
37%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Soccer
Where do the neighbors shop?
Burlington
Big Lots
Forever 21
Where do the neighbors go to eat?
Popeyes
Golden Corral
Dominos Pizza
What do the neighbors drive?
Dodge
Kia
Mazda
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Wilmington, DE
Wilmington's transportation infrastructure supports both private and public transit options, with a focus on accessibility and convenience. The city's roadways and highways are well-connected, facilitating easy travel and commuting. Public transportation is available, with schedules designed to accommodate the needs of residents. The community is also increasingly bike-friendly, with dedicated lanes and trails encouraging alternative modes of transport.
The community is served by a network of public and private educational institutions, ensuring a range of options for families and students. Healthcare services are comprehensive, with facilities offering emergency care, specialized treatments, and wellness programs. Wilmington's public library system is extensive, supporting lifelong learning and community engagement. Retail and dining establishments reflect the local culture, with a mix of national chains and independent businesses.
Wilmington prides itself on a rich cultural tapestry, with a community that values its historical roots while embracing modern growth. The city is celebrated for its vibrant arts scene, including annual festivals that showcase local talent and foster a sense of community. The character of Wilmington is further defined by its blend of urban amenities and green spaces, offering residents a balanced lifestyle.
Wilmington's housing market offers a diverse array of options, with single-family homes being a significant portion of the landscape. Architectural styles vary, with colonial, ranch, and contemporary designs prevalent throughout the area. The city's homeownership rate is robust, reflecting a community invested in long-term residency, while a substantial portion of the population opts for renting, providing a dynamic housing environment.
About 1127 Lancaster Ave
The listing price of 1127 Lancaster Ave property is $139,900.
The property 1127 Lancaster Ave is a townhouse located in Wilmington, Delaware, 19805.
Active Listing: 1127 Lancaster Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1127 Lancaster Ave are: William C. Lewis Dual Language Elementary School (GreatSchools Rating 5/10), Stubbs Early Education Center (GreatSchools Rating 3/10), Highlands Elementary School (GreatSchools Rating 4/10), Bayard School (The) (GreatSchools Rating 1/10), First State Montessori Academy (GreatSchools Rating 6/10), Bancroft School (The) (GreatSchools Rating 2/10), Freire Charter School (GreatSchools Rating 3/10), Great Oaks Charter School (GreatSchools Rating 2/10), Howard High School of Technology (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $303 (source: MLS/based on county public records data).
The last sale was on July 21, 2009 for $24,000 (source: MLS/tax record).
The property at 1127 Lancaster Ave has 3 bedrooms and 1 bathroom.
The property 1127 Lancaster Ave is 1,075 SqFt (source: MLS/tax record).
The year of construction for 1127 Lancaster Ave is 1900.
This home is located at 1127 Lancaster Ave in Wilmington, DE and zip code 19805. This 1,075 square foot home, which was built in 1900, sits on a 0.02 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $139,900.
The number of homes for sale in Wilmington, DE increased by 78.5% between March and April 2025. Listings spent 54 days on the market in April 2025, and had a median list price of $299,912 during the same period.
From Rocket Homes Real Estate and based on county public records data.