428 S Governors Ave Dover, DE 19904
Downtown Dover NeighborhoodEstimated payment $1,433/month
Highlights
- Colonial Architecture
- Electric Baseboard Heater
- 5-minute walk to First State Heritage Park
About This Home
Charming Duplex in Downtown Dover, DE - Built in 1920. Discover a piece of history with this well-maintained duplex, located in the heart of Downtown Dover. Built in 1920, this charming two-unit property blends historic character with modern convenience, making it an ideal investment or owner-occupied property. The property is fully rented and provides consistent cash-flow and is ideally situated near shopping, restaurants, healthcare and public transportation. Schedule your tour today! Co-seller is a DE Licensed Real Estate Broker.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,297
Year Built
- Built in 1920
Lot Details
- 5,300 Sq Ft Lot
- Lot Dimensions are 50.00 x 140.00
- Property is in average condition
Home Design
- Duplex
- Colonial Architecture
- Vinyl Siding
Interior Spaces
- 1,824 Sq Ft Home
- Crawl Space
Parking
- Driveway
- On-Street Parking
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- Tax Lot 2300-000
- Assessor Parcel Number ED-05-07709-03-2300-000
Community Details
Overview
- 2 Units
- Olde Dover Subdivision
Building Details
- Income includes apartment rentals
- Maintenance Expense $2,700
- Net Operating Income $22,080
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,286 | $226,500 | $76,500 | $150,000 |
| 2023 | $1,417 | $26,900 | $9,500 | $17,400 |
| 2022 | $1,247 | $26,900 | $9,500 | $17,400 |
| 2021 | $737 | $26,900 | $9,500 | $17,400 |
| 2020 | $1,385 | $26,900 | $9,500 | $17,400 |
| 2019 | $673 | $26,900 | $9,500 | $17,400 |
| 2018 | $578 | $25,300 | $9,500 | $15,800 |
| 2017 | $568 | $25,300 | $0 | $0 |
| 2016 | $1,141 | $25,300 | $0 | $0 |
| 2015 | -- | $25,300 | $0 | $0 |
| 2014 | -- | $25,300 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | For Sale | $239,900 | +320.9% | $132 / Sq Ft |
| 08/16/2018 08/16/18 | Sold | $57,000 | -12.0% | $31 / Sq Ft |
| 07/23/2018 07/23/18 | Pending | -- | -- | -- |
| 06/30/2018 06/30/18 | For Sale | $64,800 | +13.7% | $36 / Sq Ft |
| 06/30/2018 06/30/18 | Off Market | $57,000 | -- | -- |
| 05/26/2018 05/26/18 | For Sale | $64,800 | -- | $36 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $57,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,000 | New Conventional | |
| Closed | $74,000 | Purchase Money Mortgage |
Source: Bright MLS
MLS Number: DEKT2033362
APN: 2-05-07709-03-2300-000
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