221 Chestnut St New Castle, DE 19720
Estimated payment $1,417/month
Highlights
- Traditional Architecture
- Property is in excellent condition
- Radiator
- Wood Flooring
About This Home
Welcome to a fantastic duplex opportunity in the heart of historic Old New Castle. Located just steps from the waterfront, this property offers classic small-town charm with the convenience of walkable access to shops, dining, and scenic river views. Each unit is well-positioned for immediate rental potential and requires minimal renovations, making it an ideal addition to an investor's portfolio. The only remaining improvement needed is the installation of hardwired smoke detectors. Whether you're looking to generate rental income or invest in one of Delaware's most charming waterfront communities, this property offers strong potential in a highly desirable location.
Listing Agent
(717) 461-7201 lwolff.selections@gmail.com FSBO Broker Brokerage Phone: 7174617201 License #6042920 Listed on: 02/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,738
Year Built
- Built in 1910
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 17.00 x 100.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Permanent Foundation
- Frame Construction
Interior Spaces
- 1,125 Sq Ft Home
- Wood Flooring
Utilities
- Radiator
- Heating System Uses Natural Gas
- 150 Amp Service
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 093
- Assessor Parcel Number 21-015.00-093
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $171,000 | $56,500 | $114,500 |
| 2024 | $936 | $32,600 | $8,700 | $23,900 |
| 2023 | $846 | $32,600 | $8,700 | $23,900 |
| 2022 | $879 | $32,600 | $8,700 | $23,900 |
| 2021 | $875 | $32,600 | $8,700 | $23,900 |
| 2020 | $875 | $32,600 | $8,700 | $23,900 |
| 2019 | $180 | $32,600 | $8,700 | $23,900 |
| 2018 | $862 | $32,600 | $8,700 | $23,900 |
| 2017 | $806 | $32,600 | $8,700 | $23,900 |
| 2016 | $705 | $32,600 | $8,700 | $23,900 |
| 2015 | $705 | $32,600 | $8,700 | $23,900 |
| 2014 | $705 | $32,600 | $8,700 | $23,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2026 03/24/26 | Pending | -- | -- | -- |
| 03/13/2026 03/13/26 | Price Changed | $239,900 | -4.0% | $213 / Sq Ft |
| 02/05/2026 02/05/26 | Price Changed | $249,900 | +13.6% | $222 / Sq Ft |
| 02/05/2026 02/05/26 | For Sale | $219,900 | -- | $195 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $127,000 | None Listed On Document | |
| Deed | -- | None Listed On Document |
Source: Bright MLS
MLS Number: DENC2096758
APN: 21-015.00-093
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