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Dover, DE Multifamily Homes & Duplexes for Sale

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    $400,000

    • Studio
    • 2,177 Sq Ft

    40 S Bradford St, Dover, DE 19904

    40 South Bradford is a duplex, over and under, with a 2-BR, 2-Ba unit on the ground floor, and a 3-BR, 2-Ba unit on the second and third floors. Both units have fully equipped kitchens, and washers and dryers. The building was completely remodeled in 2009, and is excellent condition. There are two parking spaces on the rear alley. This property is the south half of a duplex, and contains two

    Philip McGinnis McGinnis Commercial Real Estate

    40 S Bradford St, Dover, DE 19904
  • /14

    $234,500

    • Studio
    • 1,912 Sq Ft

    40 S Governors Ave, Dover, DE 19904

    Opportunities like this one don't come knocking often! Incredible investment opportunity. This building has three total units. Perhaps you'd like to live in one and rent out the other two! You could just rent out all three! The units consist of an efficiency one bedroom and standard one bedroom on the first floor and the third apartment is a three bedroom on the second floor. Most recently these

    Patricia Hawryluk Tri-County Realty

    40 S Governors Ave, Dover, DE 19904
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    $1,200,000

    • Studio
    • 7,030 Sq Ft

    26 S State St, Dover, DE 19901

    Turnkey 9-unit multifamily investment in Dover, surrounded by historic character and ongoing area revitalization. Stabilized asset producing approximately $11,700 per month (4-1-26) in rental income, plus additional income from on-site central washer and dryer facilities.Tenants pay their own gas heat and electric. Owner pays water, sewer, trash, and central hot water.Property has seen

    Steve Schmidt RE/MAX Horizons

    26 S State St, Dover, DE 19901

Why Live in Dover

Dover combines rich history and modern amenities as Delaware's capital city. The First State Heritage Park connects historical landmarks like The Old State House and Legislative Hall in the downtown area. Racing fans flock to Dover International Speedway for NASCAR events, while the Dover Downs Casino provides year-round entertainment. Cultural attractions include the Schwartz Center for the Arts and the Biggs Museum of American Art. The Air Mobility Command Museum showcases military aviation history, drawing visitors to explore aircraft displays.The housing market features diverse options across established neighborhoods. Single family homes in Riverview command a median price of $420,000, while similar properties in Downtown Dover have a median price of $275,000. Townhomes throughout the city have a median price of $312,000. One-bedroom condos start with a median price of $120,000, while two-bedroom units have a median price of $139,000.Dover's cost of living sits 4% below the national average. A family with school-age children needs approximately $102,000 annually to live comfortably, while renters should aim for $60,000. The property tax rate of 0.46% in Kent County compares favorably to Wilmington's 0.74%. Delaware has no state sales tax, though the state income tax rate is 6.60% for a $60,036 annual salary. The city connects easily to major metropolitan areas, with Philadelphia 90 minutes away and Washington D.C. within a 2-hour drive. Local public transportation includes DART First State bus service. Top-rated schools include Allen Frear Elementary School and Calvary Christian Academy. Delaware State University maintains its main campus in Dover. The city's location also provides quick access to Delaware beaches, with Rehoboth Beach just 45 minutes away.

Home Trends in Dover, DE

Housing Trends

Median Sale Price
$330,000
Median Single Family Sale Price
$345,000
Median Townhouse Sale Price
$326,500
Median 2 Bedroom Sale Price
$127,000
Median 1 Bedroom Sale Price
$120,000
Average Price Per Sq Ft
$186
Number of Homes for Sale
168
Last 12 months Home Sales
865
Months of Supply
2.30
Median List Price
$339,855
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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