#DENC2081254, Taylor McCartney, Listing office: VRA Realty
$130,000 List price
905 E 17th St Wilmington, DE 19802
2 beds
1 full
1,025 sqft
0.03 acres
$127 / sqft
Townhouse
Property details
About 905 E 17th St
💰 High-Yield Turnkey Rental | 8.7% Cap Rate | Fully Occupied Investors—unlock solid returns with 905 E. 17th St, a cash-flowing, tenant-occupied townhome in Wilmington’s revitalizing East Side. Currently generating $1,295/month in rent from a Section 8 tenant, this property brings in strong income with a great operating expense ratio—ideal for long-term hold strategies or out-of-state investors looking for stable returns with minimal headaches. 📊 Investment Snapshot: Current Rent: $1,295/mo (tenant in place) 2024 Gross Income: $15,485 2024 Operating Expenses: $4,130 Net Operating Income: $11,355 Cap Rate @ $130K: 8.7% Operating Expense Ratio: 26% 📍 Located minutes from Downtown Wilmington, I-95, and public transit, this property offers both cash flow and long-term appreciation potential. The rent roll and payment history show consistency and solid tenant retention. Whether you’re expanding your portfolio or seeking your first profitable turnkey asset, this is a plug-and-play rental with strong fundamentals. 📞 Request the rent roll, full financials, or schedule a walk-through today—opportunities like this don’t sit long.
Highlights
Home typeTownhouse
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
Size1,025 sqft
BasementYes
Lot size0.03 Acres
Year built1900
ParkingOn Street
MLS #DENC2083030
FireplaceNon-Functioning
Summary
- Full Bathrooms: 1
- Appliances: Refrigerator, Oven
- Basement: Yes
- Fireplace: Non-Functioning
- Total Bedroom Count: 2
- Parking: On Street
- Architectural Style: Straight Thru
- Heating: Forced Air
- Cooling: None
- List Price: $130,000
- Price/SqFt: $126
- Annual Tax Amount: $466
- Tax Year: 2023
- Directions: 🛣 From I-95 South (coming from Philadelphia/Claymont): Take Exit 6 for MLK Blvd/4th Street. Merge onto N Jackson St via the exit ramp. Continue straight onto N Jackson St, then turn right onto MLK Jr Blvd. Turn left onto Walnut Street and cross the Walnut Street Bridge. Continue on Walnut St for about 1.2 miles. Turn right onto E 17th Street. 905 E 17th St will be on your left, just after Pine St. 🛣 From I-95 North (coming from Newark/New Castle): Take Exit 6 toward MLK Blvd/4th Street. Stay left at the fork and follow signs for MLK Blvd. Turn left onto N Adams St, then right onto MLK Jr Blvd. Turn left onto Walnut Street, crossing the Walnut Street Bridge. Continue on Walnut St for about 1.2 miles. Turn right onto E 17th Street. 905 E 17th St will be on your left, just after Pine St.
- Year Built: 1900
- Stories: 2
- Living Area: 1,025 SqFt
- Lot Size: 0.03 Acres
- MLS Number: DENC2083030
- MLS Name: BRIGHT
- Office Name: ELM Properties
- Office Phone: (302) 762-3757
- Office Email: info@elmproperties.net
- Listing Agent: Evan Ward
- Agent Phone: (302) 463-8143
- Agent Email: evan@elmproperties.net
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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/5/2025, 3:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 26, 2018 | Home Sold | $50,000 |
| Jun 30, 2015 | Home Sold | $83,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $15,900 | $466 |
| 2021 | $15,900 | $787 |
| 2020 | $15,900 | $471 |
| 2019 | $15,900 | $456 |
| 2018 | $15,900 | $452 |
| 2017 | $15,900 | $928 |
History based on county public records data.
Nearby schools
3
Stubbs Early Education Center
Public District PK-KG
0.4 mi
•1100 N Pine St
1
Warner Elementary School
Public District 3-5
1.1 mi
•801 W 18th St
2
Harlan (David W. ) Elementary School
Public District KG-5
1.1 mi
•3601 N Jefferson St
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 $23,186. Typical income of Wilmington, DE residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
71%
<35k
26%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
46%
Single, No Kids
31%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
37%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Popeyes
Golden Corral
Church's Chicken
What do the neighbors drive?
Dodge
Kia
Chevrolet
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Urban Adult Contemporary
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 905 E 17th St
The listing price of 905 E 17th St property is $130,000.
The property 905 E 17th St is a townhouse located in Wilmington, Delaware, 19802.
Active Listing: 905 E 17th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 905 E 17th St are: Stubbs Early Education Center (GreatSchools Rating 3/10), Warner Elementary School (GreatSchools Rating 1/10), Harlan (David W. ) Elementary School (GreatSchools Rating 2/10), Edison (Thomas A.) Charter School (GreatSchools Rating 3/10), Kuumba Academy Charter School (GreatSchools Rating 5/10), First State Montessori Academy (GreatSchools Rating 6/10), Howard High School of Technology (GreatSchools Rating 3/10), Great Oaks Charter School (GreatSchools Rating 2/10), Freire Charter School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $466 (source: MLS/based on county public records data).
The last sale was on December 26, 2018 for $50,000 (source: MLS/tax record).
The property at 905 E 17th St has 2 bedrooms and 1 bathroom.
The property 905 E 17th St is 1,025 SqFt (source: MLS/tax record).
The year of construction for 905 E 17th St is 1900.
This home is located at 905 E 17th St in Wilmington, DE and zip code 19802. This 1,025 square foot home, which was built in 1900, sits on a 0.03 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $130,000.
The number of listings in Wilmington, DE increased by 73.2% between May and June 2025. In June 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $309,950.
From Rocket Homes Real Estate and based on county public records data.