708 N Van Buren Street, Wilmington, DE 19805-3250 $265,000

Interior Sq. Ft: 2,725
Acreage: 0.06
Age:125 years
Taxes: $576
Design/Type:
End of Row/Townhouse
Description
Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied brick duplex located in Cool Springs. Rarely available, this building features 2 large apartments with separate entrances. Unit 1 is a bi-level apartment with 2 bedrooms and 2 full bathrooms with direct inside access to the basement and exclusive access to the large backyard. Unit 2 is a modern bi-level apartment with 2 bedrooms and 1.5 bathrooms, an in-unit washer/dryer connection and a NEW deck off of the primary bedroom with an awesome view of downtown Wilmington. The roof was recently replaced (Jan. 2025) and all apartments feature central air conditioning. Each unit has its own HVAC system, hot water heater and is separately metered for electric services. The landlord pays for water/sewer, grounds/lawn care, property taxes and insurance. Please see income and expense sheet for additional information. Producing just under $3,000 a month, this is a solid investment property with good rental history. You don’t want to miss this one! Building is being sold in "as is" condition.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Full Basement, Unfinished Basement
Exterior
Stone Foundation, Brick Exterior, Sidewalks
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (30 schools)
Public Middle (10 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
First State School | Red Clay Consolidated School District | 1–10 | Wilmington | 0.61 mi |
The Bancroft School | Christina School District | 1–9 | Wilmington | 0.97 mi |
Douglass School | Christina School District | 1–12 | Wilmington | 1.26 mi |
duPont (Pierre S.) Middle School | Brandywine School District | 6–8 | Wilmington | 1.86 mi |
duPont (Alexis I.) Middle School | Red Clay Consolidated School District | 6–8 | Greenville | 1.87 mi |
Odyssey Charter School | Odyssey Charter School | K–12 | Wilmington | 2.22 mi |
McCullough (Calvin R. ) Middle School | Colonial School District | 6–8 | New Castle | 3.42 mi |
Gateway Charter School | Gateway Charter School | 3–8 | Wilmington | 3.5 mi |
Springer Middle School | Brandywine School District | 6–8 | Wilmington | 4.14 mi |
Leach (John G.) School | Colonial School District | Preschool–12 | New Castle | 4.2 mi |
Public High (16 schools)
Private (31 schools)
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This report is a detailed community overview for Wilmington (19805), Delaware.
Community Quick Facts
- Average travel time to work for people in this community: 22
- Average salary of people in this community: $40,573
Community Summary
- Population Density (ppl / mile): 7,227
- Household Size (ppl): 2.55
- Households w/ Children: 67%
Housing Inventory
- Owned: 7,776 (44.8%)
- Rented: 7,080 (40.8%)
- Vacant: 2,486 (14.3%)
- Total: 17,342
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 7.0%
- Some High School: 8.9%
- High School Graduate: 41.2%
- Some College: 15.5%
- Associate Degree: 5.8%
- Bachelor's Degree: 13.7%
- Graduate Degree: 8.0%
Income by dollar range
Median Income: $47,885
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $800
- One Bedroom: $855
- Two Bedroom: $1,029
- Three Bedroom: $1,219
- Four Bedroom: $1,426
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-709-2343
Listing Courtesy of: RE/MAX Associates-Wilmington , (302) 477-3900, john@johnwford.com
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/10/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.