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2409 N Madison St, Wilmington, DE 19802 listing image 1

For Sale

$179,000

2409 N Madison St, Wilmington, DE 19802

3Beds
2Baths
1425SqFt

3Beds
2Baths
1425SqFt

Property Type
Townhouse
Year Built
1925
Price per Sqft
$126
On highrises
3 Days

Property Details

Fantastic Investment Opportunity Long-Term Tenant, Great Location, Spacious Layout! This spacious 3-bedroom, 1.5-bath home is a solid investment opportunity, located in a highly convenient area close to shopping, schools, and major roadways. Inside, you'll find a comfortable living room, a formal dining room, and a well-appointed kitchen, along with the convenience of a main floor laundry room. The home also features a cozy front porch, a backyard perfect for outdoor enjoyment, and a full basement offering plenty of storage space. The property is currently tenant-occupied with a reliable 12-year voucher tenant paying $1, 025 per month, making it a turnkey income-producing property from day one. Whether you're looking to grow your rental portfolio or secure a steady long-term investment, this property is a great fit. Dont miss outschedule your showing today!

Property Features

Bedrooms

Bedrooms: 3

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1

Interior Features

Basement

Heating and Cooling

Heating Features: Hot Water
Heating: Yes

Land Info

Lot Size Acres: 0.0399908
Lot Size Square Feet: 1741

Garage and Parking

Parking Features: On Street

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

School Information

School District: RED CLAY CONSOLIDATED

Other Property Info

Annual Tax Amount: 1628.0
Source Listing Status: Active
County: NEW CASTLE
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: NEW CASTLE
Property Subtype: townhouse
Postal Code Plus 4: 3437
Source System Name: C2C

Building and Construction

Total Square Feet Living: 1425
Year Built: 1925
Above Grade Finished Area: 1425
Construction Materials: Brick
Property Age: 100
Levels or Stories: 2
Structure Type: Interior Row/Townhouse
House Style: Traditional
Total Area Sqft: 1425

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
04/22/2025	Listed	$179,000	$126	BrightMLS
01/24/2012	Sold	$17,500	$12	BrightMLS
11/22/2011	Relisted	$27,500	$19	BrightMLS
11/02/2011	Listing removed	$27,500	$19	BrightMLS
10/10/2011	Listed	$27,500	$19	BrightMLS
05/06/1992	Sold	$56,744	$40	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$1,004	$3,800	+	$28,400	=	$32,200
2023	$873	$3,800	+	$28,400	=	$32,200
2022	$877	$3,800	+	$28,400	=	$32,200
2021	$875	$3,800	+	$28,400	=	$32,200
2020	$880	$3,800	+	$28,400	=	$32,200
2019	$885	$3,800	+	$28,400	=	$32,200
2018	$876	$3,800	+	$28,400	=	$32,200

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
306 W 35th St	$100K	3	1	1250	10019
916 W 23rd St	$385K	4	3	1625	2178
225 W 17th St	$185K	3	1	1550	1742
938 E 27th St	$215K	4	3	1225	3485
1121 E 22nd St	$169K	3	1	1275	1742
730 E 22nd St	$139K	3	1	1175	1307

This listing is presented by Jessica Stiner

Presented by:
Jessica Stiner
state license#RM425999

This listing is presented by RE/MAX Edge

Broker Location:

WILMINGTON

Data Source:

BrightMLS

Source's Property ID:

DENC2080224

Data Source Copyright:

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$179,000

2409 N Madison St, Wilmington, DE 19802