House for sale 905 E 17Th Street, Wilmington, DE 19802-5110

905 E 17Th Street, Wilmington, DE 19802-5110 $130,000

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Beds/Baths: 2/1
Interior Sq. Ft: 1,025
Acreage: 0.03
Age:125 years
Style:
Straight Thru

MLS#: DENC2083030
Subdivision: None Available
Design/Type:
Interior Row/Townhouse

Description

ðŸ’° High-Yield Turnkey Rental | 8.7% Cap Rate | Fully Occupied Investorsâ€”unlock solid returns with 905 E. 17th St, a cash-flowing, tenant-occupied townhome in Wilmingtonâ€™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 ratioâ€”ideal for long-term hold strategies or out-of-state investors looking for stable returns with minimal headaches. ðŸ“Š 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% ðŸ“ 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 youâ€™re expanding your portfolio or seeking your first profitable turnkey asset, this is a plug-and-play rental with strong fundamentals. ðŸ“ž Request the rent roll, full financials, or schedule a walk-through todayâ€”opportunities like this donâ€™t sit long.

Taxes: $766
Home Assoc: No
Condo Assoc: No

Garage: N
Basement: Y
Pool: No Pool

School Dist: Brandywine
High School: Brandywine

Features

Utilities
Forced Air Heating, Natural Gas, None, None, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Full Basement, Unfinished Basement, Non-Functioning Fireplace

Exterior
Concrete Perimeter Foundation, Flat Roof, Rubber Roof, Brick Exterior, Porch(es)

Lot
Fully Fenced

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 (29 schools)

School	District	Grades	Place	Distance
Edison (Thomas A.) Charter School	Edison (Thomas A.) Charter School	K–8	Wilmington	0.12 mi
Stubbs Early Education Center	Christina School District	Preschool–K	Wilmington	0.37 mi
Kuumba Academy Charter School	Kuumba Academy Charter School	K–8	Wilmington	0.52 mi
First State Montessori Academy	First State Montessori Academy	K–8	Wilmington	0.62 mi
The Bancroft School	Christina School District	1–9	Wilmington	0.67 mi
Shortlidge (Evan G.) Academy	Red Clay Consolidated School District	K–2	Wilmington	0.68 mi
East Side Charter School	East Side Charter School	K–8	Wilmington	0.69 mi
First State School	Red Clay Consolidated School District	1–10	Wilmington	0.88 mi
Warner Elementary School	Red Clay Consolidated School District	3–5	Wilmington	1.11 mi
Harlan (David W. ) Elementary School	Brandywine School District	Preschool–5	Wilmington	1.12 mi
Lewis (William C.) Dual Language Elementary School	Red Clay Consolidated School District	K–5	Wilmington	1.27 mi
Johnson (Joseph E. Junior) Elementary School	Red Clay Consolidated School District	K–5	Wilmington	1.97 mi
The Bayard School	Christina School District	1–8	Wilmington	2 mi
Douglass School	Christina School District	1–12	Wilmington	2.53 mi
Lombardy Elementary School	Brandywine School District	K–5	Wilmington	2.59 mi
Mount Pleasant Elementary School	Brandywine School District	K–5	Wilmington	2.6 mi
Carrcroft Elementary School	Brandywine School District	K–5	Wilmington	3.32 mi
Richardson Park Elementary School	Red Clay Consolidated School District	K–5	Wilmington	3.44 mi
Baltz (Austin D.) Elementary School	Red Clay Consolidated School District	K–5	Wilmington	3.47 mi
Odyssey Charter School	Odyssey Charter School	K–12	Wilmington	3.54 mi
Eisenberg (Harry O.) Elementary School	Colonial School District	K–5	New Castle	4.15 mi
The Colwyck Center	Colonial School District	Preschool	New Castle	4.33 mi
Leach (John G.) School	Colonial School District	Preschool–12	New Castle	4.35 mi
Forwood Elementary School	Brandywine School District	K–5	Wilmington	4.38 mi
Richey Elementary School	Red Clay Consolidated School District	K–5	Wilmington	4.41 mi
Maple Lane Elementary School	Brandywine School District	K–5	Claymont	4.55 mi
Charter School of New Castle	Charter School of New Castle	K–8	New Castle	4.78 mi
Marbrook Elementary School	Red Clay Consolidated School District	K–5	Wilmington	4.84 mi
Castle Hills Elementary School	Colonial School District	K–5	New Castle	4.87 mi

Public Middle (10 schools)

School	District	Grades	Place	Distance
The Bancroft School	Christina School District	1–9	Wilmington	0.67 mi
First State School	Red Clay Consolidated School District	1–10	Wilmington	0.88 mi
duPont (Pierre S.) Middle School	Brandywine School District	6–8	Wilmington	1.2 mi
Douglass School	Christina School District	1–12	Wilmington	2.53 mi
duPont (Alexis I.) Middle School	Red Clay Consolidated School District	6–8	Greenville	2.98 mi
Odyssey Charter School	Odyssey Charter School	K–12	Wilmington	3.54 mi
McCullough (Calvin R. ) Middle School	Colonial School District	6–8	New Castle	3.63 mi
Springer Middle School	Brandywine School District	6–8	Wilmington	3.98 mi
Leach (John G.) School	Colonial School District	Preschool–12	New Castle	4.35 mi
Gateway Charter School	Gateway Charter School	3–8	Wilmington	4.87 mi

Public High (15 schools)

School	District	Grades	Place	Distance
Howard High School of Technology	New Castle County Vocational-Technical School District	9–12	Wilmington	0.37 mi
Great Oaks Charter School	Great Oaks Charter School	8–12	Wilmington	0.52 mi
The Bancroft School	Christina School District	1–9	Wilmington	0.67 mi
Freire Charter School	Freire Charter School Wilmington	8–12	Wilmington	0.69 mi
First State School	Red Clay Consolidated School District	1–10	Wilmington	0.88 mi
Mount Pleasant High School	Brandywine School District	9–12	Wilmington	2.35 mi
Douglass School	Christina School District	1–12	Wilmington	2.53 mi
Charter School of Wilmington	Charter School of Wilmington	9–12	Wilmington	2.87 mi
Calloway (Cab) School of the Arts	Red Clay Consolidated School District	6–12	Wilmington	2.87 mi
Delaware Military Academy	Delaware Military Academy	9–12	Wilmington	3.23 mi
Odyssey Charter School	Odyssey Charter School	K–12	Wilmington	3.54 mi
Brandywine High School	Brandywine School District	9–12	Wilmington	3.73 mi
Conrad Schools of Science	Red Clay Consolidated School District	6–12	Wilmington	3.95 mi
duPont (Alexis I.) High School	Red Clay Consolidated School District	9–12	Wilmington	4.13 mi
Leach (John G.) School	Colonial School District	Preschool–12	New Castle	4.35 mi

Private (32 schools)

School		Grades	Place	Distance
Urban Promise School	Other	Preschool–6	Wilmington	0.27 mi
High Road School Of Delaware	Nonsectarian	3–12	Wilmington	0.53 mi
Darul Amaanah Academy	Islamic	K–8	Wilmington	0.69 mi
Urban Promise Academy	Nonsectarian	7–11	Wilmington	0.71 mi
St Michaels School & Nursery Inc	Nonsectarian	Preschool–K	Wilmington	0.75 mi
Sharon Temple Adventist School	Seventh-Day Adventist	K–8	Wilmington	0.76 mi
Serviam Girls Academy	Roman Catholic	5–8	Wilmington	0.93 mi
St Peter Cathedral School	Roman Catholic	Preschool–8	Wilmington	1.05 mi
Maranatha Christian Academy	Brethren	K–6	Wilmington	1.11 mi
Salesianum School	Roman Catholic	9–12	Wilmington	1.26 mi
Ursuline Academy Lower	Roman Catholic	K–5	Wilmington	1.34 mi
Augustine Hills School	Nonsectarian	4–11	Wilmington	1.42 mi
Program For Rigor And Innovation In Education	Nonsectarian	6–8	Wilmington	1.55 mi
Padua Academy	Roman Catholic	9–12	Wilmington	1.56 mi
St Anthony Of Padua Grade School	Roman Catholic	Preschool–8	Wilmington	1.8 mi
Wilmington Friends School	Friends	Preschool–12	Wilmington	1.8 mi
St Ann School	Roman Catholic	Preschool–8	Wilmington	1.91 mi
Nativity Preparatory School Of Wilmington	Roman Catholic	5–8	Wilmington	1.94 mi
St Elizabeth School	Roman Catholic	Preschool–12	Wilmington	2.18 mi
Astra Zeneca Child Development Center	Nonsectarian	Preschool–K	Wilmington	2.28 mi
Immaculate Heart Of Mary	Roman Catholic	Preschool–8	Wilmington	2.57 mi
Tower Hill School	Nonsectarian	Preschool–12	Wilmington	2.6 mi
Faith Preschool & Child Care	Presbyterian	Preschool–K	Wilmington	2.84 mi
Concord Preschool And Childcare	Presbyterian	Preschool–K	Wilmington	2.93 mi
Montessori Learning Centre	Nonsectarian	Preschool–K	Wilmington	3.24 mi
St Mary Magdalen School	Roman Catholic	Preschool–8	Wilmington	3.36 mi
All Saints Catholic School	Roman Catholic	Preschool–8	Wilmington	3.39 mi
Brandywine Valley Christian Presch	Baptist	Preschool–K	Wilmington	4.21 mi
The Tatnall School	Nonsectarian	Preschool–12	Wilmington	4.54 mi
Albert Einstein Academy	Jewish	K–5	Wilmington	4.55 mi
St Edmond's Academy	Roman Catholic	Preschool–8	Wilmington	4.57 mi
Wilmington Montessori School	Nonsectarian	Preschool–8	Wilmington	4.64 mi

This report is a detailed community overview for Wilmington (19802), Delaware.

Community Quick Facts

Average travel time to work for people in this community: 25
Average salary of people in this community: $45,076

Community Summary

Population Density (ppl / mile): 8,011
Household Size (ppl): 2.45
Households w/ Children: 56%

Housing Inventory

Owned: 5,103 (43.6%)
Rented: 5,296 (45.2%)
Vacant: 1,306 (11.2%)
Total: 11,705

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.

Total: 25,715

Households: 10,399

Median Age: 38.60

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: 1.9%
Some High School: 7.8%
High School Graduate: 45.4%
Some College: 15.9%

Associate Degree: 5.1%
Bachelor's Degree: 12.3%
Graduate Degree: 11.6%

Income by dollar range

Median Income: $46,176

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: $541
One Bedroom: $819
Two Bedroom: $1,073

Three Bedroom: $1,226
Four Bedroom: $1,326

Contact Information

Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6038

Listing Courtesy of: ELM Properties , (302) 762-3757, info@elmproperties.net

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 6/27/2025.

Homes for Sale Nearby

$110,000 ≫ More Info Nearby for Sale

$129,500 ≫ More Info Recently Sold

Market Trends

Wilmington, DE
Homes for Sale: 446
Average List Price:
$413,004
Sold Last 90 Days: 874
Median Sold Price:
$329,900

Estimated Payment

Monthly @6.75%
$674.54
30 year fixed
20% down

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