315-17 Central Ave
Listing Notes
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.
Price in context
Cheaper than 0% of the 24 homes listed nearby right now, which run $237,500 to $425,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 2 Brighton Ave | $237,500 | 3 bd · 1.5 ba |
| 304 Exmore Ave | $239,900 | 3 bd · 1.5 ba |
| 101 Brighton Ave | $239,900 | 2 bd · 1 ba |
| 1346 Sycamore Ave | $249,000 | 4 bd · 1.5 ba |
| 129 Central Ave | $250,000 | 4 bd · 2 ba |
| 500 S Woodward Ave | $265,000 | 3 bd · 2 ba |
| 4 Forrest Ave | $274,000 | 3 bd · 1 ba |
| 302 S Woodward Ave | $275,000 | 3 bd · 2 ba |
| 2702 Washington Ave | $283,900 | 4 bd · 1 ba |
| 8 Exmore Ave | $285,000 | 5 bd · 2 ba |
| 2500 Linkwood Ave | $290,000 | 3 bd · 1.5 ba |
| 101 Brookside Ave | $290,000 | 2 bd · 1.5 ba |
| 105 Exmore Ave | $299,000 | 4 bd · 2 ba |
| 202 Brookside Ave | $299,900 | 3 bd · 2 ba |
| 2014 Kirkwood Hwy | $309,000 | 4 bd · 2 ba |
| 104 S Woodward Ave | $314,900 | 3 bd · 1.5 ba |
| 115 Brighton Ave | $317,500 | 3 bd · 1.5 ba |
| 101 Exmore Ave | $330,000 | 4 bd · 2 ba |
| 105 1/2 Forrest Ave | $349,900 | 4 bd · 2 ba |
| 100 Forrest Ave | $349,900 | 3 bd · 2 ba |
| 121 Brighton Ave | $359,900 | 3 bd · 2.5 ba |
| 2600 Sylvan Ave | $359,900 | 3 bd · 2 ba |
| 132 S Clifton Ave | $369,900 | 4 bd · 2 ba |
| 2307 Frederick Ave | $399,000 | 4 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more