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612 Homestead Rd, 
Wilmington, DE 19805

$249,900


4

Beds


Bath


1,575

Sq Ft


Multi-Family

Pending

Listed by

Hovik Nazarian

Long & Foster Real Estate, Inc.

Last updated:

July 20, 2025, 07:28 AM

MLS#

DENC2085560

Source:

BRIGHTMLS

About This Home

612 Homestead Rd

Turnkey Duplex – Cash Flow from Day One! Welcome to 612 Homestead Road, a rare and desirable multi-family investment opportunity featuring two well-maintained 2-bedroom, 1-bath units, both currently occupied with stable tenants. This property offers a solid foundation of monthly income with room for growth. There’s opportunity to increase cash flow over time, making this a smart buy-and-hold investment. Recent updates include high-efficiency HVAC systems and water heaters, with one unit just replaced keeping long-term maintenance costs down. The lower level offers an excellent opportunity to install coin-operated laundry machines, creating an additional income stream and increasing your return on investment. Whether you’re an experienced investor or just entering the market, this property checks all the boxes: strong rental income, low maintenance, and upside potential. Opportunities like this don’t come up often so schedule your private tour today and start building wealth with 612 Homestead Road.

Home Facts

Multi-Family

4 Bedrooms

Built in 1965

Price Summary

249,900

$158 per Sq. Ft.

MLS #:

DENC2085560

Last Updated:

July 20, 2025, 07:28 AM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4


Structure

Structure

Building Area:

1,575 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$249,900

Price per Sq. Ft:

$158 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.