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Frederica, DE Multifamily Home for Sale

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    $245,000

    • Studio
    • 3,026 Sq Ft

    27 W David St, Frederica, DE 19946

    Income-Producing Duplex in Prime Location – Turnkey Investment Opportunity!Welcome to this charming and fully rented duplex located in Frederica just off Rt. 1, ideal for investors or those looking to house-hack! This well-maintained property features two spacious units, each offering 2 bedrooms and 1 bathroom, with separate entrances and utilities for ultimate tenant privacy and

    Stephanie Lehane RE/MAX Eagle Realty

    27 W David St, Frederica, DE 19946

Why Live in Frederica

Frederica is a small town with a quiet location along Murderkill River, whose name evolved from Dutch words meaning “mother river” when it was settled in the 1800s. “Non-locals get scared of Murderkill’s name, but people in Frederica would spend all day on the water if they could,” says Lydia Ragonese, a Realtor with Compass who has sold several homes in the area. Locals can launch paddleboats at Killens Pond State Park and head to nearby Bowers Beach on Delaware Bay. Aside from waterfront recreation, the town has a seasonal farmers market, historic churches and Delaware’s largest sports complex. “Life in Frederica is pretty easy-going and simple, but it’s also near bigger cities,” Ragonese says. State Route 1 is in the area, allowing locals to get to places like Milford, which has big-box stores, and Dover, the state capital. Frederica’s oldest homes include Queen Annes and Colonial Revivals dating back to the late 1800s and early 1900s. Ranch styles from the mid-20th century and New Traditionals and townhouses built through the 2010s are also common. Homes near the center of town often have modest lots, while properties on the outskirts may sit on marshland or farmland.

Home Trends in Frederica, DE

Housing Trends

Median Sale Price
$380,000
Median Single Family Sale Price
$359,990
Median Townhouse Sale Price
$275,000
Average Price Per Sq Ft
$206
Number of Homes for Sale
5
Last 12 months Home Sales
31
Months of Supply
1.90
Median List Price
$349,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
21%
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