Seller's Agent in 2025
Paul Pantano
Pantano Real Estate Inc
(302) 354-0792
2 in this area
185 Total Sales
20 W Main St Middletown, DE 19709
--
Bed
--
Bath
6,384
Sq Ft
4,356
Sq Ft Lot
Highlights
- Colonial Architecture
- Eat-In Kitchen
- Central Air
- Silver Lake Elementary School Rated A-
- Downtown Location
- Level Lot
About This Home
As of November 2025Exceptional Mixed-Use Investment Opportunity in the Heart of Middletown! 22 W Main Street—a fully-leased, free-standing mixed-use building offering a rare opportunity in one of Middletown’s most active commercial corridors. This well-maintained property is ideally positioned on a vibrant stretch of West Main Street, surrounded by thriving businesses and within walking distance to shops, dining, and community amenities. The first floor features two established retail/office tenants, while the second and third floors are configured as three spacious 2-bedroom one bath apartments and fully leased producing income. All units are separately metered for electric and the entire building is fully sprinklered. To the rear of the property, private off-street parking accommodates approximately 10+- vehicles and connects directly to the adjacent Middletown municipal parking lot—ensuring convenience for both residential and commercial tenants. This turnkey asset offers immediate income and long-term upside, with potential to enhance residential revenue. A rare combination of stability, condition, and location make this an outstanding addition to any investment portfolio.
Last Agent to Sell the Property
(302) 354-0792 ppantano@pantanorealestate.com Pantano Real Estate Inc Listed on: 08/17/2025
Last Buyer's Agent
(302) 291-1046 sarah.mcgee.realty@gmail.com Empower Real Estate, LLC License #5012956
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,939
Year Built
- Built in 1918
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 45 x 140
- Downtown Location
- Level Lot
- Property is in good condition
Home Design
- Colonial Architecture
- Flat Roof Shape
- Stone Foundation
- Frame Construction
Interior Spaces
- 6,384 Sq Ft Home
- Vinyl Clad Windows
- Double Hung Windows
- Eat-In Kitchen
- Unfinished Basement
Parking
- 10 Parking Spaces
- 10 Off-Street Spaces
- Paved Parking
Utilities
- Central Air
- Heating System Uses Oil
- Back Up Electric Heat Pump System
- Radiant Heating System
- Electric Water Heater
Community Details
- 4 Units
- 3-Story Building
Listing and Financial Details
- Assessor Parcel Number 23-008.00-026
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Sold | $1,050,000 | 0.0% | $164 / Sq Ft |
| 09/15/2025 09/15/25 | Price Changed | $1,050,000 | -4.5% | $164 / Sq Ft |
| 08/17/2025 08/17/25 | For Sale | $1,100,000 | 0.0% | $172 / Sq Ft |
| 07/10/2022 07/10/22 | Rented | $1,100 | 0.0% | -- |
| 07/01/2022 07/01/22 | For Rent | $1,100 | +22.2% | -- |
| 01/10/2020 01/10/20 | Rented | $900 | +2.9% | -- |
| 12/19/2019 12/19/19 | For Rent | $875 | +6.1% | -- |
| 05/13/2013 05/13/13 | Rented | $825 | 0.0% | -- |
| 04/23/2013 04/23/13 | Under Contract | -- | -- | -- |
| 04/14/2013 04/14/13 | For Rent | $825 | 0.0% | -- |
| 03/28/2013 03/28/13 | Rented | $825 | -2.9% | -- |
| 03/13/2013 03/13/13 | Under Contract | -- | -- | -- |
| 02/01/2013 02/01/13 | For Rent | $850 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Paul Pantano
-
Sarah McGee
Buyer's Agent in 2025
Sarah McGee
Empower Real Estate, LLC
(302) 291-1046
2 in this area
46 Total Sales
-
Rodman Mullins
R
Seller's Agent in 2022
Rodman Mullins
Sterling Real Estate LLC
(302) 750-1299
51 Total Sales
-
Ashley Stafford
Buyer's Agent in 2022
Ashley Stafford
Century 21 Emerald
(302) 505-1027
4 Total Sales
-
Elizabeth Martelli
E
Seller's Agent in 2013
Elizabeth Martelli
Sterling Real Estate LLC
(302) 379-6701
4 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2087750
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