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    27 W David St Frederica, DE 19946

    Under Contract
    For Sale
    $225,000

    MULTI_FAMILY - Colonial - FREDERICA, DE

    Property size:
    3,026 SF
    Lot size:
    0.13 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 27 W David St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Parking features
    On Street
    Size
    3,026 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Electric (Heating), Baseboard

    Building Details

    Year built
    1930
    Number of units
    2
    Building materials
    Frame
    Architectural style
    Colonial

    RE/MAX Eagle Realty (302) 659-1320 [email protected]

    Listing agent Stephanie S Lehane (302) 659-1320 License #RB-0020140

    Listing date Nov 11, 2025

    MLS# DEKT2038194 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Duplex in Frederica

    This income-producing duplex is located in Frederica, just off Rt. 1. The property features two units, each with 2 bedrooms and 1 bathroom, and separate entrances and utilities. Unit 1 has updated kitchen and flooring. Both units include washer and dryer hookups. The property includes a shared backyard and off-street parking. The total property size is 3026 square feet on a 0.13-acre lot. The property is located minutes from downtown Milford, shopping, hospitals, and schools. Unit 1 is currently occupied, and Unit 2 was last rented for $1400. The current gross monthly income is $1300. The property offers potential for increased rents based on market rates and is suitable for investors or those looking to house-hack.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frederica
    County
    Kent
    State
    Delaware
    Longitude
    -75.46763
    Latitude
    39.00852

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    FAQs

    What type of property is this?
    Duplex - Charming duplex in Frederica, ideal for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 27 W David St Frederica, DE.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Income-producing duplex with current gross monthly income of $1300 (Unit 1) and potential for $1400 (Unit 2).; - Turnkey investment opportunity with both units ready for immediate rental.; - Prime location in Frederica, just off Rt. 1, minutes from downtown Milford, shopping, hospitals, and top-rated schools.
    (302) 659-1320
    Request Owner's contact information
    27 W David St Frederica, DE 19946
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    Frederica, DE 19946
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27 W David St Frederica, DE 19946
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