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623 Concord Ave, Wilmington, DE, 19802

3beds
2baths
1,675sqft
$315,000
$188price/sqft
$2,154/moest. monthly cost
$86,160/yrincome needed

About This Home

Excellent income-producing duplex offering a fantastic opportunity for investors or owner-occupants looking to offset their mortgage with rental income. The first unit features 1 bedroom and 1 full bathroom, while the second unit offers 2 bedrooms and 1 full bathroom, providing flexible living arrangements to meet a variety of needs. Each unit includes its own in-unit washer and dryer for added convenience, along with private rear decks that provide the perfect space to relax or entertain outdoors. The functional layouts and desirable amenities make this property attractive to both current and future tenants. Whether you’re looking to add to your investment portfolio or occupy one unit while generating income from the other, this duplex offers excellent potential. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this is an opportunity you won’t want to miss. Property is being sold as is. Schedule your private tour today!

Getting Around

69
WalkingSomewhat Walkable
45
TransitSome Transit
59
BikeBikeable

Schools

5/10
Warner Elementary SchoolGrades 3-50.4 mi
3/10
1/10
Skyline Middle SchoolGrades 6-88.1 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1920

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Washer,Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Radiator,Baseboard,Natural Gas,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,675
  • Total interior livable area: 1,675 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 26015.10232
  • Zoning: 26R-2
  • Special condition: Standard

Features

  • Pool features: None
  • Patio & porch: Deck,Enclosed,Porch
  • Exterior features: Balcony

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 29.50 x 102.90

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Delaware Counties

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,592$19,104
Home Insurance *$122$1,464
Property Taxes $189$2,268
Electricity $251$3,021
Total$2,154$25,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,851/yr
40% on housing$64,620/yr
45% on housing$57,440/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 19802$118
New Castle County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 19802$191
New Castle County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$310,000
2026-07-06Listed for sale$315,000
2021-05-18Sold$220,000
2004-04-05Sold$137,000
2001-01-11Sold$83,500

For Sale by Agent

AgentBrandon Jones
BrokerageEXP Realty, LLC

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