$415,000

319 Washington St Delaware City, DE 19706

Estimated payment $2,366/month

Total Views 608
-- Bed
-- Bath
2,016 Sq Ft
$206 Price per Sq Ft

Highlights

  • Popular Property
  • Luxury Vinyl Plank Tile Flooring
  • Property is in excellent condition
  • Colonial Architecture
  • Forced Air Heating System

About This Home

Turnkey Investment Opportunity – Fully Renovated 3-Unit Apartment Building

Discover an exceptional investment opportunity in the heart of a charming small town – a fully renovated, income-generating 3-unit apartment building that combines modern luxury with small-town appeal.

This property has been meticulously updated from top to bottom, including all-new electrical, HVAC, and plumbing systems, ensuring long-term peace of mind and reduced maintenance costs for years to come.

Each of the three spacious units features brand-new luxury vinyl plank flooring, adding durability and style throughout. The high-end kitchens are outfitted with sleek granite countertops, new cabinetry, and modern appliances, offering both functionality and a touch of elegance. Bathrooms have been fully updated, reflecting contemporary finishes and thoughtful design.

With all units currently fully leased, this property offers immediate cash flow in a sought-after, quaint small-town setting known for its friendly community and strong rental demand.

Whether you're a seasoned investor or just starting your portfolio, this turnkey property checks every box – modern systems, designer finishes, and solid income. Don’t miss this rare opportunity!

Listing Agent

Michael Davis

Phoenix Real Estate Listed on: 09/04/2025

Co-Listing Agent

Owen Davis

Phoenix Real Estate License #RS0040076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 1910 | Remodeled in 2024

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45.00 x 100.00
  • Property is in excellent condition

Home Design

  • Triplex
  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Luxury Vinyl Plank Tile Flooring
  • Unfinished Basement

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Southern Elementary School
  • Gunning Bedford Middle School
  • William Penn High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 056
  • Assessor Parcel Number 22-008.00-056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,477

Year Built

Built in 1910 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All tenant's personal property is excluded.
  • Inclusions: All appliances and fixtures located at the property.
  • New Construction: No
  • Expected On Market: 9/5/2025 12:00:00 AM
  • Year Built: 1910
  • Year Renovated: 2024
  • Building Winterized: No
  • Remarks Public: Turnkey Investment Opportunity – Fully Renovated 3-Unit Apartment Building Discover an exceptional investment opportunity in the heart of a charming small town – a fully renovated, income-generating 3-unit apartment building that combines modern luxury with small-town appeal. This property has been meticulously updated from top to bottom, including all-new electrical, HVAC, and plumbing systems, ensuring long-term peace of mind and reduced maintenance costs for years to come. Each of the three spacious units features brand-new luxury vinyl plank flooring, adding durability and style throughout. The high-end kitchens are outfitted with sleek granite countertops, new cabinetry, and modern appliances, offering both functionality and a touch of elegance. Bathrooms have been fully updated, reflecting contemporary finishes and thoughtful design. With all units currently fully leased, this property offers immediate cash flow in a sought-after, quaint small-town setting known for its friendly community and strong rental demand. Whether you're a seasoned investor or just starting your portfolio, this turnkey property checks every box – modern systems, designer finishes, and solid income. Don’t miss this rare opportunity!
  • Special Features: NewHome

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2756
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 205.85
  • Above Grade Finished Sq Ft: 2016
  • Below Grade Sq Ft: 740
  • Total Below Grade Sq Ft: 740
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 319

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: COLONIAL
  • Elementary School: SOUTHERN
  • Middle School: GUNNING BEDFORD
  • High School: WILLIAM PENN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396891
  • School District Source: Listing Agent
  • Elementary School: SOUTHERN
  • High School: WILLIAM PENN
  • Middle Or Junior School: GUNNING BEDFORD

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 45.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: 22R-1
  • In City Limits: Yes

Rental Info

  • Owner Pays: Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 47880.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 856.00
  • Tax Annual Amount: 1477.00
  • Assessor Parcel Number: 22-008.00-056
  • Tax Lot: 056
  • Tax Total Finished Sq Ft: 525
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Gross Income: 47880.00

MLS Schools

  • School District Name: COLONIAL

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $1,134 $36,900 $4,400 $32,500
2023 $1,025 $36,900 $4,400 $32,500
2022 $1,075 $36,900 $4,400 $32,500
2021 $1,000 $36,900 $4,400 $32,500
2020 $0 $36,900 $4,400 $32,500
2019 $309 $36,900 $4,400 $32,500
2018 $666 $36,900 $4,400 $32,500
2017 -- $36,900 $4,400 $32,500
2016 -- $36,900 $4,400 $32,500
2015 -- $36,900 $4,400 $32,500
2014 $817 $36,900 $4,400 $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $415,000 0.0% $206 / Sq Ft
06/12/2022 06/12/22 Rented $1,200 0.0% --
06/07/2022 06/07/22 For Rent $1,200 0.0% --
04/09/2021 04/09/21 Sold $130,000 -27.7% --
01/29/2021 01/29/21 Pending -- -- --
10/20/2020 10/20/20 Price Changed $179,900 -8.9% --
09/21/2020 09/21/20 For Sale $197,500 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- None Available
Deed $59,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Previous Owner $97,500 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: DENC2088762

Bright MLS

APN: 22-008.00-056