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$420,000

217-219 W Reed St Dover, DE 19904

2,560 sqft
0.06 acres
$164 / sqft
Multi-Family

Property details

About 217-219 W Reed St

Introducing 217-219 W Reed St, a meticulously maintained turnkey property featuring four fully occupied 1-bedroom apartments . This investment opportunity offers immediate positive cash flow, with all four units rented and generating income from day one. The property's financials are straightforward: tenants are responsible for all utilities except water, which is covered by the owner.The rental income breakdown is as follows:- 219A: $1,302/month (includes all utilties), 219B: $925/month, 217A: $962/month, 217B: $893/month. Whether you're a seasoned investor or just starting out, this property presents a compelling opportunity for steady returns. With its hassle-free setup and existing tenants, 217-219 W Reed St is an attractive addition to any investment portfolio. Don't miss out on this chance to secure a profitable investment – inquire today!"

Highlights

Home typeQuadruplex
HeatingRadiant
StatusActive
(ACTIVE)
CoolingWindow Unit(s)
Size2,560 sqft
BasementYes
Lot size0.06 Acres
Year built1900
MLS #DEKT2036316

Summary

  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Parking: None
  • Architectural Style: Other
  • Heating: Radiant
  • Cooling: Window Unit(s)
  • List Price: $420,000
  • Price/SqFt: $164
  • Directions: see map
  • Year Built: 1900
  • Living Area: 2,560 SqFt
  • Lot Size: 0.06 Acres
  • MLS Number: DEKT2036316
  • MLS Name: BRIGHT
  • Office Name: Century 21 Gold Key Realty
  • Office Phone: (302) 369-5397
  • Office Email: newarkoffice@c21gk.com
  • Listing Agent: Manthan Shah
  • Agent Phone: (973) 626-0325
  • Agent Email: manthan.shah.ms@gmail.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 12:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

5

Booker T. Washington Elementary School

Public District KG-4

0.4 mi

901 Forest St

3

Academy of Dover Charter School

Public Charter KG-6

0.8 mi

104 Saulsbury Rd

4

Fairview Elementary School

Public District KG-4

0.9 mi

700 Walker Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $17,342. The majority of Dover, DE residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

78%
<35k
19%
35k-100k
1%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
29%
Single, with Kids
10%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
36%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 217-219 W Reed St

The listing price of 217-219 W Reed St property is $420,000.

The property 217-219 W Reed St is a multi located in Dover, Delaware, 19904.

Active Listing: 217-219 W Reed St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 217-219 W Reed St are: Booker T. Washington Elementary School (GreatSchools Rating 5/10), Academy of Dover Charter School (GreatSchools Rating 3/10), Fairview Elementary School (GreatSchools Rating 4/10), William Henry Middle School (GreatSchools Rating 2/10), Campus Community School (GreatSchools Rating 6/10), Central Middle School (GreatSchools Rating 3/10), Dover High School (GreatSchools Rating 4/10), Early College High School at del State (GreatSchools Rating 6/10), Caesar Rodney High School (GreatSchools Rating 6/10).

The property 217-219 W Reed St is 2,560 SqFt (source: MLS/tax record).

The year of construction for 217-219 W Reed St is 1900.

This home is located at 217-219 W Reed St in Dover, DE and zip code 19904 in the Comegys LTS neighborhood. This 2,560 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $420,000.

In June 2025 in Dover, DE there were 55.5% more homes for sale than in May. While the average time on the market in June 2025 was 77 days, the median list price was $335,000.

From Rocket Homes Real Estate and based on county public records data.

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