394 Denny St Leipsic, DE 19901
Estimated payment $1,696/month
Highlights
- Cape Cod Architecture
- Luxury Vinyl Plank Tile Flooring
- Electric Baseboard Heater
- Window Unit Cooling System
- 90% Forced Air Heating System
- Property is in very good condition
About This Home
Turnkey Duplex Investment Opportunity in Leipsic, Delaware! Add this income-producing duplex to your investment portfolio. Situated in the charming waterfront community of Leipsic, this well-maintained property features two 2-bedroom, 1-bathroom units totaling approximately 1,742 square feet. Unit A offers approximately 800 square feet, a private driveway, and is currently leased for $1,225 per month through January 2027. Unit B also offers approximately 800 square feet and is leased for $1,225 per month through March 2027. The property benefits from separate utilities for each unit, helping minimize owner expenses. Additional features include well water, newer windows in both units, a 3-year-old propane furnace serving Unit A, and recently updated flooring, paint, and appliances. With established rental income, a strong tenant history, and several capital improvements, this duplex presents an excellent opportunity for seasoned investors, those looking to expand their rental portfolio or even owner-occupants. Conveniently located near Dover and the AFB, Route 1, local employers, and Delaware's coastal attractions. Don't miss your chance to own a solid income-producing property in a growing Delaware market.
Listing Agent
(302) 504-6147 rickbrowntherealtor@gmail.com Crown Homes Real Estate Brokerage Phone: 3025046147
Co-Listing Agent
(302) 504-6147 brendanbrown@c21gk.com Crown Homes Real Estate Brokerage Phone: 3025046147
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,013
Year Built
- Built in 1940
Lot Details
- 3,920 Sq Ft Lot
- Property is in very good condition
Home Design
- Duplex
- Cape Cod Architecture
- Slab Foundation
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,742 Sq Ft Home
- Luxury Vinyl Plank Tile Flooring
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
- On-Street Parking
Utilities
- Window Unit Cooling System
- 90% Forced Air Heating System
- Heating System Powered By Owned Propane
- Electric Baseboard Heater
- 200+ Amp Service
- Well
- Electric Water Heater
- No Septic System
Community Details
- 2 Units
- 1-Story Building
Listing and Financial Details
- Coming Soon on 6/27/26
- Tax Lot 2701-000
- Assessor Parcel Number 4-13-03914-01-2701-000
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 | $1,521 | $170,900 | $17,200 | $153,700 |
| 2024 | $979 | $170,900 | $17,200 | $153,700 |
| 2023 | $324 | $10,900 | $2,600 | $8,300 |
| 2022 | $314 | $10,900 | $2,600 | $8,300 |
| 2021 | $302 | $10,900 | $2,600 | $8,300 |
| 2020 | $292 | $10,900 | $2,600 | $8,300 |
| 2019 | $276 | $10,900 | $2,600 | $8,300 |
| 2018 | $253 | $10,900 | $2,600 | $8,300 |
| 2017 | $251 | $10,900 | $0 | $0 |
| 2016 | $249 | $10,900 | $0 | $0 |
| 2015 | $249 | $10,900 | $0 | $0 |
| 2014 | $250 | $10,900 | $0 | $0 |
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 | $35,000 | None Available | |
| Sheriffs Deed | $50,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Bright MLS
MLS Number: DEKT2048316
APN: 4-13-03914-01-2701-000
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