UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,742 sqft
Price per Sqft $171
MLS Listing ID DEKT2048316
Style Cape Cod
Abv Grd Liv Area 1,742
Year Built 1940
Available Date 2026-06-27
Annual Tax Amount $1,013
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Detached
Source BRIGHT
Property Description
Add this income-producing duplex to your investment portfolio. Situated in the charming waterfront community of Leipsic, this well-maintained property features two 2-bedroom, 1-bathroom units totaling approximately 1,742 square feet.
Unit A offers approximately 800 square feet, a private driveway, and is currently leased for $1,225 per month through January 2027. Unit B also offers approximately 800 square feet and is leased for $1,225 per month through March 2027.
The property benefits from separate utilities for each unit, helping minimize owner expenses. Additional features include well water, newer windows in both units, a 3-year-old propane furnace serving Unit A, and recently updated flooring, paint, and appliances.
With established rental income, a strong tenant history, and several capital improvements, this duplex presents an excellent opportunity for seasoned investors, those looking to expand their rental portfolio or even owner-occupants. Conveniently located near Dover and the AFB, Route 1, local employers, and Delaware's coastal attractions.
Don't miss your chance to own a solid income-producing property in a growing Delaware market.
Location
State DE
County Kent
Area Capital (30802)
Zoning NA
Interior
Hot Water Electric
Cooling Window Unit(s)
Flooring Luxury Vinyl Plank
Fireplace N
Heat Source Propane - Owned, Electric
Exterior
Garage Spaces 3.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 3
Garage N
Building
Foundation Slab
Above Ground Finished SqFt 1742
Sewer No Septic System
Water Well
Architectural Style Cape Cod
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Capital
Others
Tax ID 4-13-03914-01-2701-000
Ownership Fee Simple
SqFt Source 1742
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby School & Business
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