$400,000

40 S Bradford St Dover, DE 19904

Estimated payment $2,176/month

Total Views 11,539
Studio
-- Bath
2,177 Sq Ft
$184 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Downtown Location
  • Property is in excellent condition
  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System
  • 4-minute walk to Constitution Park

About This Home

40 South Bradford is a duplex, over and under, with a 2-BR, 2-Ba unit on the ground floor, and a 3-BR, 2-Ba unit on the second and third floors. Both units have fully equipped kitchens, and washers and dryers. The building was completely remodeled in 2009, and is excellent condition. There are two parking spaces on the rear alley. This property is the south half of a duplex, and contains two units. The north half of the duplex is under separate ownership and unrelated. Showings by appointment. Call for appointment.

Listing Agent

Philip McGinnis

(302) 736-1538 pjm@mcginnisrealty.com McGinnis Commercial Real Estate Brokerage Phone: 3027361538 License #R1-0001967 Listed on: 09/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1880 | Remodeled in 2003

Lot Details

  • 3,441 Sq Ft Lot
  • Lot Dimensions are 27.30 x 145.12
  • Downtown Location
  • Property is in excellent condition

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Laundry in unit

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Surface Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 7000-000
  • Assessor Parcel Number ED-05-07705-03-7000-000

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $803
  • Maintenance Expense $1,605
  • Other Expense $1,750
  • Operating Expense $8,400
  • Gross Income $31,200
  • Net Operating Income $21,237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,461

Year Built

Built in 1880 | Remodeled in 2003

Lot Details

3,441 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: appliances
  • New Construction: No
  • Other Expense: 1750.00
  • Year Built: 1880
  • Year Renovated: 2003
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3147
  • Living Area Sq Ft: 2177
  • Price Per Sq Ft: 183.74
  • Above Grade Finished Sq Ft: 2177
  • Below Grade Sq Ft: 970
  • Total Below Grade Sq Ft: 970
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Road Surface Type: Black Top, Access - On Grade
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 840.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 27.30 x 145.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3441.00
  • Property Condition: Excellent
  • Zoning: RG1
  • Zoning Description: Residential, conforming
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Gross
  • Ground Rent Exists: No
  • Lease Considered: No
  • Owner Pays: Common Area Maintenance, Insurance, Repairs, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 31200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1308.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1461.00
  • Assessor Parcel Number: ED-05-07705-03-7000-000
  • Tax Lot: 7000-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 8400.00
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: CAPITAL

Map

Range of Values:

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Value Increase
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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
2025 $1,449 $246,600 $76,200 $170,400
2024 $1,400 $246,600 $76,200 $170,400
2023 $1,251 $42,500 $4,900 $37,600
2022 $1,210 $42,500 $4,900 $37,600
2021 $1,165 $42,500 $4,900 $37,600
2020 $1,125 $42,500 $4,900 $37,600
2019 $1,064 $42,500 $4,900 $37,600
2018 $971 $42,500 $4,900 $37,600
2017 $955 $42,500 $0 $0
2016 $958 $42,500 $0 $0
2015 -- $42,500 $0 $0
2014 -- $42,500 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2025 09/21/25 For Sale $400,000 -- $184 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 Purchase Money Mortgage
Source: Public Records

Source: Bright MLS

MLS Number: DEKT2041198

Bright MLS

APN: 2-05-07705-03-7000-000

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