6

Dover, DE Multifamily Homes & Duplexes for Sale

Section Image
  • /22

    $475,000

    • Studio
    • 3,220 Sq Ft

    12 S State St, Dover, DE 19901

    Well-maintained quadplex investment opportunity featuring four 1 bed / 1 bath units, all currently occupied with tenants in place. Each unit is separately metered for electric, allowing tenants to pay their own electric utilities and helping reduce owner expenses. Owner currently pays water. Property also includes an on-site laundry room for tenant convenience. Strong income-producing property

    Michael Davis Phoenix Real Estate

    12 S State St, Dover, DE 19901
  • /15

    $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
  • /2

    $250,000

    • Studio
    • 1,591 Sq Ft

    29 N New St, Dover, DE 19904

    Investor opportunity! This income-producing duplex offers two separate residential units in a converted single-family home. The first-floor apartment is currently tenant-occupied, providing immediate rental income from day one. This unit features 2 bedrooms, 1 full bath, and an open-concept kitchen and living area that creates a functional living space. The second-floor apartment has its own

    Casey Gore Keller Williams Realty Central-Delaware

    29 N New St, Dover, DE 19904
  • /7

    $329,000

    • Studio
    • 1,200 Sq Ft

    748 S State St, Dover, DE 19901

    Income producing property. Duplex, Schedule your tour today because this won't last long.

    Larry Thompson LESTER REALTY INC.

    748 S State St, Dover, DE 19901
  • /19

    $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
  • /3

    $149,900

    • Studio
    • 1,887 Sq Ft

    33 S Governors Ave, Dover, DE 19904

    This property presents an excellent opportunity for investors looking to build or expand their rental portfolio. Property requires renovation, and is being sold AS IS no repairs will be made. the foundation is solid and full of potential. With a little vision and improvement, this home can quickly be transformed into a desirable rental property.Its layout and structure offer strong rental

    Michael Davis Phoenix Real Estate

    33 S Governors Ave, Dover, DE 19904

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 Price Trends

Median Sale Price
$335,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$329,990
Median 2 Bedroom Sale Price
$330,000
Median 1 Bedroom Sale Price
$120,000
Average Price Per Sq Ft
$189
Number of Homes for Sale
205
Last 12 months Home Sales
891
Months of Supply
2.80
Median List Price
$345,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
How to Buy a Home How to Finance a Home How to Sell a Home