Apartment Building

Newark, DE Apartment Buildings for Sale

Notify Me
List
Map
Bear, DE Williamstown, NJ Elkton, MD New Castle, DE Saint Georges, DE Chesapeake City, MD Wilmington, DE Middletown, DE
Student Housing Row Homes
Updated: Jul 17
Student Housing Row Homes

118 NEW LONDON ROAD, Newark, DE 19711

$2,995,000
9,018 sqft
5‑unit student housing composed of five row homes, configured as high‑density garden apartment‑style units
Reimagined in 2021 after rezoning: originally three detached 4‑bedroom homes plus two additional 5‑bedroom homes
Central air cooling; vinyl and carpet flooring; metal and composition shingle roof
Built in 2021 with parking on the lot; located in an urban setting
100% occupancy since inception with favorable annual rent increases, per remarks
View details
Student Housing Investment Opportunity
Updated: May 18
Student Housing Investment Opportunity

118 NEW LONDON Rd, Newark, DE 19711

$3,300,000
100% occupancy since 2021 with favorable annual rent increases.
Strategically located between UD's main campus and north campus.
Five‑unit student housing investment opportunity with high density garden apartment zoning.
Designed for today's college students with individual bedrooms and multiple baths.
Built in 2021, indicating modern construction and amenities.
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Newark, 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.

Apartment Building Portfolio on Two Parcels
Apartment Building Portfolio on Two Parcels

8831 Gap Newport Pike, Avondale, PA 19311

$1,599,000
17,000 sqft 2.40 AC lot

Ten-unit apartment complex across five buildings with separate entrances and attached garages for multiple units.

View details
Multifamily Rental Portfolio with 10 Units
Multifamily Rental Portfolio with 10 Units

8831 Gap Newport Pike, Avondale, PA 19311

$1,649,000
2.40 AC lot

Two parcels totaling about 2.4 acres offer 10 rental units in five buildings, with ample parking on-site.

View details
12-Unit Apartment Building
12-Unit Apartment Building

20 Glenrich Ave, Wilmington, DE 19804

Contact for pricing

Well-built 12-unit apartment building with separate utilities, updated kitchens and bathrooms, and off-street parking.

View details
Mixed-Use 6-Unit with Restaurant
Mixed-Use 6-Unit with Restaurant

227 North Maryland Avenue, Wilmington, DE 19804

Contact for pricing

6-unit apartment building with an attached retail unit currently occupied by a long-running Mexican restaurant.

View details

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.

View details
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.

View details
Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

View details
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.

View details

Off-Market Properties in Newark, DE

Consider similar Off-Market properties in Newark, 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.

50 Choate St
APARTMENT HOUSE (5+ UNITS)

50 Choate St, Newark, DE 19711-2270

Value Estimation by Request
2,500 sqft 0.35 AC lot
View details

Newark, DE Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Newark, DE on our real estate platform. These investment opportunities span a total of 9,018 square feet of properties for sale, with an estimated market value of $6,295,000.

Sale prices for two-family homes in Newark, DE start at $2,995,000, averaging $3,147,500, and reaching up to $3,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Demographics Overview

Population 142K
Population Growth (5Y) -8.7%
Median Household Income $88,703
College Educated 17.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
19711 $3.1M

Taxes & Financing

Tax Rate (average for all types) 3.79%
Property Tax per SF $87.98 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New Castle County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings