Apartment Building

Dover, DE Apartment Buildings for Sale

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Camden, DE Wyoming, DE Camden Wyoming, DE Hartly, DE Smyrna, DE Magnolia, DE Frederica, DE Felton, DE
Turnkey Multifamily Investment Property
Updated: Mar 13
Turnkey Multifamily Investment Property

26 S STATE Street, Dover, DE 19901

$1,200,000
7,030 sqft 0.17 AC lot
9‑unit multifamily property in Dover with approx. $11,700/month rental income (as stated for 4‑1‑26).
Central washer and dryer facilities on‑site add additional income; tenants pay their own gas heat and electric.
Owner pays water, sewer, trash, and central hot water.
Recent updates include updated windows, interior upgrades, select new kitchens, and recently installed flooring in most units.
Hallways refreshed with new flooring and paint.
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This listing looks promising.

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26 S STATE Street, DOVER, DE 19901

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Turnkey Multifamily Investment Property
Updated: Apr 24
Turnkey Multifamily Investment Property

26 S STATE St, Dover, DE 19901

$1,200,000
Turnkey 9‑unit multifamily investment property
Stabilized asset producing approximately $11,700 per month in rental income, plus additional income from on‑site laundry
Tenants pay their own gas heat and electric
Numerous recent improvements including updated windows, interior upgrades, select new kitchens, and new flooring in most units
Strong in‑place income with continued upside through future unit improvements
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Dover, DE, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Building Apartment Portfolio
Two-Building Apartment Portfolio

211 & 213 N Walnut Street, Milford, DE 19963

$1,500,000
4,928 sqft

Two-building apartment portfolio with separately metered water and recently passed city inspections in Milford.

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Milford Apartment Building Investment Opportunity
Milford Apartment Building Investment Opportunity

1 S WASHINGTON St, Milford, DE 19963

$1,200,000

High-performing apartment building in the heart of Milford.

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New Construction 55+ Community
New Construction 55+ Community

00 FELIX VIEW Ct BAYARD CLASSIC, Smyrna, DE 19977

$382,000
0.11 AC lot

New homes in a 55+ community with many amenities.

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Smyrna Townhome Apartment Buildings
Smyrna Townhome Apartment Buildings

420 Smyrna Clayton Blvd, Smyrna, DE 19977

Contact for pricing
18,000 sqft

Two buildings with 20 apartments in Smyrna, Delaware.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Brooklyn Two-Family Home with Development Potential
Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888
2,660 sqft 0.10 AC lot

Two-family home on a large lot with significant development potential.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Dover, DE

Consider similar Off-Market properties in Dover, DE. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

305-307 State St
Multifamily properties

305-307 State St, Dover, DE 19901

Value Estimation by Request
1,450 sqft
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Dover, DE Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Dover, DE on our real estate platform. These investment opportunities span a total of 7,030 square feet of properties for sale, with an estimated market value of $1,200,000.

Sale prices for two-family homes in Dover, DE start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 77K
Population Growth (5Y) -24.8%
Median Household Income $65,368
College Educated 12.4%

High-Yield Neighborhoods for Investment

Identify Dover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
19904 $599K
19901 $912.3K

Taxes & Financing

Tax Rate (average for all types) 2.92%
Property Tax per SF $46.39 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Dover fall within the 100,000+ square foot range.

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