7 MAY AVE New Castle, DE 19720 Price Dropped by $10K

UPDATED: 10/29/2025 05:15 PM ON MARKET: 14 days on market

Listed by Daniel Shainsky • Coldwell Banker Realty

$199,999

3 Beds1 Bath1,175 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,175 sqft

Price per Sqft $170

Subdivision Collins Park

MLS Listing ID DENC2091460

Style Ranch/Rambler

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,175

Year Built 1948

Annual Tax Amount $2,012

Tax Year 2025

Lot Size 5,663 Sqft

Acres 0.13

Lot Dimensions 54.90 x 111.20

Property Sub-Type Detached

Source BRIGHT

Property Description

Investor or Handy Homeowner Alert! Welcome to 7 May Ave in Collins Park, a single-level ranch home offering excellent potential for the right buyer. Whether you're an investor seeking your next flip or a homeowner looking to build sweat equity, this property provides a solid foundation and a convenient location to match. The home features 3 bedrooms, 1 full bath, and approximately 1,175 square feet of living space. Inside, you'll find updated gray LVP flooring throughout much of the home and large windows that bring in plenty of natural light. The living and dining areas offer a flexible layout and are ready for your personal touch. The kitchen provides plenty of cabinet space and a unique layout—ideal for redesigning into a modern, functional space. Each bedroom is well-sized with ceiling fans and adequate closet space, while the full hall bath includes a tub/shower combo that just needs a little TLC to shine again. The laundry area, currently located off the kitchen, can easily be reconfigured during your renovation plans. A rear addition on the back adds a bonus room that could work great as a home office or flex space. Outside, the property features a large screened porch with vaulted ceilings, a brick patio, and a fully fenced front and rear yard—perfect for outdoor entertaining or pets. The driveway accommodates multiple vehicles, and the home sits on a 0.13-acre lot. Situated just minutes from I-95, I-495, Wilmington, and Philadelphia, this home offers both value and opportunity. With great bones and endless potential, 7 May Ave is ready for its next chapter—bring your vision and make it your own!