Backup offers
$2,849 Closing Credit¹
#DEKT2033362, Stephanie S Lehane, Listing Office: RE/MAX Eagle Realty
$425,000 List price
217-219 W Reed St Dover, DE 19904
$5,047
Closing credit¹
2,560 sqft
0.06 acres
$166 / 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)
(ACTIVE)
CoolingWindow Unit(s)
Size2,560 sqft
BasementYes
Lot size0.06 Acres
Year built1900
MLS #DEKT2036316
Summary
- 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
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: 4/14/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$425,000
217-219 W Reed St
$5,047
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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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.
Neighborhood
The neighbors living near this home have an average income of $17,342. Typical income of Dover, DE residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
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 Boxing- UFC
Figure Skating
Where do the neighbors shop?
Burlington
Family Dollar
Big Lots
Where do the neighbors go to eat?
Popeyes
Burger King
Church's Chicken
What do the neighbors drive?
Dodge
Buick
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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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 $425,000.
In March 2025 more than 12 listings in Dover, DE were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 12 were sold below. In March 2025 in Dover, DE there were 26.2% more homes for sale than in February. In March 2025 median list price was $317,660 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.