315 Central Ave Wilmington, DE 19805
Property details
About 315 Central Ave
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.
Highlights
(ACTIVE)
Summary
- MLS Number: DENC2079084
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty Wilmington
- Office Phone: (302) 299-1100
- Listing Agent: Rakan I Abu-Zahra
- Agent Phone: (302) 245-7668
- Agent Email: rakan.a@firststatehometeam.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: 4/12/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$425,000
315 Central Ave
$5,047
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $53,800 | $1,806 |
| 2021 | $53,800 | $1,817 |
History based on county public records data.
Nearby schools
3
Baltz (Austin D.) Elementary School
Public District KG-5
0.9 mi
•1500 Spruce Ave
9
Marbrook Elementary School
Public District KG-5
1.0 mi
•2101 Centerville Rd
5
Richey Elementary School
Public District KG-5
1.1 mi
•105 E Highland 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 $53,426. The most common annual income of people living in Wilmington, DE is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
College Basketball
Horse Races
Soccer
Where do the neighbors shop?
Dillards
Stein Mart
Burlington
Where do the neighbors go to eat?
Logan's Roadhouse
LongHorn Steakhouse
Wingstop
What do the neighbors drive?
Hyundai
Buick
Nissan
What do the neighbors listen to?
Rock
Contemporary Inspirational
Christian Adult Contemporary
This home is located at 315 Central Ave in Wilmington, DE and zip code 19805 in the Brack-Ex neighborhood. This 2,675 square foot home, which was built in 1930, sits on a 0.21 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $425,000.
In March 2025, from all listings sold in Wilmington, DE there were more than 50 sold above asking price, over 42 sold below and more than 21 were sold right at the asked price. The number of listings in Wilmington, DE increased by 35.9% between February and March 2025. While the average time on the market in March 2025 was 32 days, the median list price was $324,993.