7 Rodman Road

Off Market

7 Rodman Road

Elsmere DE 19805

6970 sq. ft.

Duplex

Last sold for $463,250

Julie Allport, last sold this property on 30 March 2023 after 53 days on market.

Overview

This is not your typical Quadplex property. This building & the 4 separate units have been meticulously maintained by the current owner. 3 of the units have long term tenant with non issues. The largest 2 bedroom unit (1) on the main floor is the homeowners residence, and could be leased for $1,200 -$1,500. As you can see from the pictures this unit features a large eat in kitchen, with granite counters & ss appliances pantry & access to the office space. Nice flow & updates including tray ceiling, dimmers, recessed lights, updated bathroom with granite counters separate wc. Primary bedroom is a mirror image on both sides with 2 doors, 2 walk-in closets, switches, vents & lighting, so that if you want to divide this bedroom into 2 it would be simple. Then you would have a 3 bedroom unit & possibly command a higher rent. Laundry for this unit is on the lower level. The laundry room has access to the exterior of the building & houses the separate water tanks & electrical panels for each unit. Each unit also has their own electric meter & gas meter. The smaller 2 bedroom unit (2) on the lower level is compact, but has an open feel with the kitchen & living space flowing seamlessly. The second floor has 2, 1 bedroom units (3 &4) that are identical, both have their own stackable washer & dryers & ac/heating. All the units have their own entrance door & exit to the exterior of the property. The rear of the property offers patio area with awning & plenty of parking 5+ cars & an oversized double garage, that could also be an income source. All accessed from the driveway at the side of the property, which has recently been redone including painting of the exterior & all the concrete work. This property has so many options & great that you already have tenants in place. The new owner could live in one unit & collect the income on the other 3 units or rent it out to increase your return. The seller is willing to leave the unit (1) furnished minus a couple of pieces & personnel items, There are even options to rent the garage out if you choose. This multi-unit building is an opportunity not to miss, a quality property like this does not come around often. An open house will be scheduled soon, so you can see for yourself what a great investment this would be. Please note there are 2 Rodmans. Make sure you have 7 Rodman Road 19805 in your GPS .

Features

4 bedrooms

7 carspaces

2 garage spaces

6970 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Elsmere over the last 12 months, the estimated median property value of 7 Rodman Road is $230.75k.

Median value

$230.75k

Estimated value range

$210k - $290k

Median days on market

Estimated value trend

-14%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Elsmere. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7 Rodman Road

2023

Sold

$463,250

30 Mar 2023 by Julie Allport, of BHHS Fox & Roach-Greenville

2023

Sold

$463,250

Private Sale/Treaty on 30 Mar 2023 by Julie Allport, of BHHS Fox & Roach-Greenville

2022

Sold

$380,000

21 Jun 2022 by Dave Iliff, of Patterson-Schwartz Real Estate | Hockessin Office

Happy sellers in Elsmere

79%

79% of sellers in Elsmere reported that their sale price either exceeded or met their price expectations.

Elsmere stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Elsmere over the last 12 months.

Local market activity for 4 bedroom duplexes in Elsmere

In the last 12 months, 8 four-bedroom duplexes similar to 7 Rodman Road, have been sold.

This represents a 60% increase in four-bedroom duplexes sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Elsmere for a market analysis.

Cheri Chenoweth

at Redfin Corp

(24 reviews)

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S Walton Simpson

at Walt Simpson Realty

(37 reviews)

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Rosemarie Parag

at Bryan Realty Group

(20 reviews)

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CAROL Quattrociocchi

at Long & Foster - Bear

(7 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Elsmere

Cheri Chenoweth

Cheri Chenoweth is an award winning recommended agent for Elsmere. They have 2 local sales and collected 2 local reviews across the last 12 months.

5 (24 reviews)
2 Reviews in Elsmere
2 Sales in Elsmere

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S Walton Simpson

Sellers who recommend S Walton Simpson have praised them for being local expert, clear communication, responsive, patient, great negotiation, strategic, and supportive