229 N Front St Seaford, DE 19973
Seaford AreaEstimated payment $1,579/month
About This Home
INVESTOR OPPORTUNITY IN DOWNTOWN SEAFORD! This duplex offers an excellent opportunity to own an income-producing property in the City of Seaford’s Downtown Development District, where incentives may currently be available for qualifying improvements made to the property.
The first unit is a 4-bedroom, 1-bath residence that is currently occupied and rented for $1,750 per month, which is below potential market rent. This provides an investor with immediate rental income and potential for increased cash flow over time.
The second unit is a 3-bedroom, 1-bath residence that is currently vacant and offers significant upside. Renovations have already been started, including drywall and some electrical work, but the unit still requires additional renovation and completion before it can be occupied. Once completed, this unit provides an opportunity to add another income-producing rental to the property.
With one unit already generating income and a second unit ready for an investor to complete and lease, this property offers the potential for increased cash flow, value appreciation, and portfolio growth. Its location within Seaford’s Downtown Development District may also provide access to incentives designed to encourage improvements and revitalization.
Whether you are an experienced investor or looking for your next value-add project, this duplex presents an opportunity to build equity, increase rental income, and take advantage of the continued revitalization of Downtown Seaford. Buyers should verify eligibility, availability, and requirements for all Downtown Development District incentives directly with the appropriate authorities.
Listing Agent
(302) 538-5899 triciacloses@gmail.com Tri-County Realty Brokerage Phone: 3025385899 License #RS-0022989
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,498
Year Built
- Built in 1972
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 60.00 x 130.00
- Property is in average condition
Home Design
- Duplex
- Craftsman Architecture
- Block Foundation
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 1,350 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Off-Street Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Coming Soon on 8/27/26
- Assessor Parcel Number 431-05.00-100.00
Community Details
Overview
- 2 Units
- Seaford Subdivision
Building Details
- 1 Vacant Unit
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $916 | $9,000 | $1,850 | $7,150 |
| 2024 | $450 | $9,000 | $1,850 | $7,150 |
| 2023 | $450 | $9,000 | $1,850 | $7,150 |
| 2022 | $439 | $9,000 | $1,850 | $7,150 |
| 2021 | $440 | $9,000 | $1,850 | $7,150 |
| 2020 | $477 | $9,000 | $1,850 | $7,150 |
| 2019 | $418 | $9,000 | $1,850 | $7,150 |
| 2018 | $407 | $9,000 | $0 | $0 |
| 2017 | $387 | $9,000 | $0 | $0 |
| 2016 | $373 | $9,000 | $0 | $0 |
| 2015 | $372 | $9,000 | $0 | $0 |
| 2014 | $353 | $9,000 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2022 04/29/22 | Sold | $75,000 | 0.0% | -- | View Prior Sale |
| 08/25/2021 08/25/21 | Pending | -- | -- | -- | |
| 08/24/2021 08/24/21 | Off Market | $75,000 | -- | -- | |
| 08/20/2021 08/20/21 | For Sale | $75,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $75,000 | None Listed On Document | |
| Deed | $40,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $168,000 | Construction |
Source: Bright MLS
MLS Number: DESU2118264
APN: 431-05.00-100.00
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