1602 E Ayre St, Wilmington, DE, 19804
About This Home
INVESTOR ALERT – OPPORTUNITY KNOCKS! This 2-story twin in Wilmington is your next value-add project waiting to happen. Priced with potential in mind, this 3-bedroom, 1-bath home with a full basement offers the perfect canvas for your next flip, rental, or long-term hold. Inside, you’ll find solid bones and a functional layout ready for your vision and upgrades. Outside, a spacious fenced rear yard adds even more appeal—ideal for outdoor living, enjoyment, or boosting resale value. Location is key—just minutes to I-95, downtown Wilmington, shopping, dining, and major routes, making this a strong candidate for future appreciation or rental demand. This home is being sold AS-IS and includes remaining personal belongings. With the right updates, the upside is undeniable. Whether you’re a seasoned investor or looking for your next project, this is your chance to create equity and maximize returns. Financing Recommended: Cash, 203(k), or hard money only. Don’t miss the opportunity to transform this diamond in the rough into something special—schedule your showing today!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1953
Materials
- Foundation: Brick/Mortar
- Roof: Shingle
- Construction materials: Brick,Vinyl Siding,Aluminum Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater
- Laundry features: Hookup
Basement
- Area: 300
Basement
- Has basement: Yes
- Basement: Sump Pump,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Dry Wall
- Finished area below ground: 300
- Finished area above ground: 1,200
Heating & Cooling
- Heating features: Forced Air,Oil
- Cooling features: Central Air
Interior Area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Accessibility
- Accessibility features: 2+ Access Exits
Details
- Parcel number: 07047.20171
- Attached to another structure: Yes
- Zoning: NCSD
- Special condition: Standard
Features
- Levels: Three
- Stories: 3
- Pool features: None
- Patio & porch: Deck
Lot
- Lot size: 4,356 sqft
- Lot size dimensions: 36.00 x 124.70
Parking
- Total spaces: 3
- Parking features: Driveway
- Has uncovered spaces: Yes
- Uncovered spaces: 3
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
- Winter Weather
- Coastal Flooding
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,011 | $12,132 |
| Home Insurance * | $63 | $756 |
| Property Taxes | $120 | $1,440 |
| Electricity | $251 | $3,021 |
| Total | $1,445 | $17,340 |
Income You'd Need if You Spent...
Delaware FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $239,000 |
| 1988-09-30 | Sold | $73,000 |
View on Zillow