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726 N Madison St, Wilmington, DE, 19801

4beds
1baths
1,566sqft
$135,000
$86price/sqft
$1,075/moest. monthly cost
$43,000/yrincome needed

About This Home

Affordable Opportunity in the Heart of Wilmington! Whether you're an investor looking to expand your portfolio or a buyer ready to build equity through homeownership, this 4-bedroom, 1-bath townhome is full of potential. Featuring over 1,500 square feet of living space, this home offers a functional layout and a solid foundation for updates and improvements. Conveniently located near downtown Wilmington, major highways, public transportation, shopping, and dining, the property provides excellent accessibility for commuters and tenants alike. With strong value-add potential and an attractive price point, this is a fantastic opportunity for renovation, rental income, or affordable owner-occupied living. Schedule your tour today and imagine the possibilities! Buyer to perform their own due diligence on property taxes and sq. ft.

Getting Around

90
WalkingWalker's Paradise
59
TransitGood Transit
55
BikeBikeable

Schools

2/10
The Bayard SchoolGrades 1-80.9 mi
6/10
Christiana High SchoolGrades 6-129.3 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Oven/Range - Gas,Refrigerator,Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Bathroom - Tub Shower,Flat,Plaster Walls
  • Window features: Double Hung
  • Flooring: Luxury Vinyl,Carpet
  • Finished area below ground: 0
  • Finished area above ground: 1,566

Heating & Cooling

  • Heating features: Forced Air,Other
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 1,566
  • Total interior livable area: 1,566 sqft

Property

Accessibility

  • Accessibility features: 2+ Access Exits

Details

  • Parcel number: 26035.10097
  • Zoning: 26R-4
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 871 sqft
  • Lot size dimensions: 16.00 x 54.00

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold 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 $682$8,184
Home Insurance *$61$732
Property Taxes $81$972
Electricity $251$3,021
Total$1,075$12,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,857/yr
40% on housing$32,250/yr
45% on housing$28,666/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

$86This listing

vs Other Active Listings

Avg $/sqft

ZIP 19801$106
New Castle County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 19801$285
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
2026-07-28Price change$135,000
2026-07-06Listed for sale$150,000
2023-03-15Listing removed--
2023-03-10Listed for rent$1,250

For Sale by Agent

AgentCole Ciber
BrokerageCompass

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