Seaford Duplex Near Nanticoke
303 N FRONT Street Seaford, DE 19973
303 N FRONT Street, Seaford, DE, 19973
$290,000
For Sale
$290,000
MULTI_FAMILY - Colonial - SEAFORD, DE
Property Size843 SF
Lot Size0.27 Acres
Price / SF$344.01
Days on Market69
Property Features for 303 N FRONT Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Driveway
- Standard status
- Active
- Size
- 843 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1827
Utilities
- Heating system
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1990
- Number of units
- 2
- Building materials
- Block
- Architectural style
- Colonial
Listing agency
Linda Vista Real Estate
(302) 313-1600
Listed by
Jose Quinones · License #RB-0020840
(302) 684-9735
Added: May 14 Updated: Jul 2 at 12:48PM Checked: Jul 21 at 8:06AM
MLS# DESU2111626
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This two-unit duplex is situated two blocks from the Nanticoke River in Seaford. Both units feature a similar layout with three bedrooms, a full bath, a country kitchen that opens to the dining area, and a separate living room. The property is located on a 0.27-acre lot. The total building size is 843 square feet. Unit A is currently tenant-occupied, and interior photos are not available to respect the occupant's privacy. Unit A is available to view as a second showing for seriously interested buyers. Unit B interior is shown throughout. This property is suitable for investors and owner-occupants.
Key Highlights
- Two‑unit duplex built in 1990 with block construction
- Each unit features 3 full bedrooms, 1 full bath, a country kitchen open to the dining area, and a separate living room
- Heating includes baseboard electric heating
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.7k | $16.20 |
| − Vacancy | −$888 | −$1.05 |
| EGI | $12.8k | $15.15 |
| − OpEx | −$3.8k | −$4.54 |
| NOI | $8.9k | $10.60 |
843 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$127.7K
$111.7K – $149.0K
NOI $8,938 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$118.3K
$103.5K – $138.0K
NOI $8,281 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$231.7K
$202.7K – $270.3K
NOI $16,216 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex in Seaford, close to the Nanticoke River.
Where is this duplex located?
The property is located at 303 N FRONT Street Seaford, DE.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1990 with block construction; Each unit features 3 full bedrooms, 1 full bath, a country kitchen open to the dining area, and a separate living room; Heating includes baseboard electric heating
