Two-Unit Duplex with Detached
For Sale
$395,000
10 E CHURCH Street, Selbyville, DE 19975
Multi-Family, SELBYVILLE, DE
Property Size1,054 SF
Lot Size0.14 Acres
Price / SF$374.76
Days on Market142
Property Features for 10 E CHURCH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Dining Room
Parking
8
Parking features
Driveway, Garage - Detached, Off Street
Interior features
Attic, Combination Kitchen/Dining, Combination Kitchen/Living, Window Treatments
Appliances
Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, WaterHeater
Elementary school
PHILLIP C. SHOWELL
Middle school
SELBYVILLE
High school
SUSSEX CENTRAL
Elementary school district
INDIAN RIVER
Middle school district
INDIAN RIVER
High school district
INDIAN RIVER
Standard status
Active
Size
1,054 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
598
Building Details
Year built
1904
Number of units
2
Building materials
Frame, Stick Built, Vinyl Siding
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
(410) 524-7000
Listed By:
Alexander Piela · License #RS-0025714
(410) 289-2539
Added: Jun 8
Changed: Oct 21
Last Checked: Oct 27 at 2:06AM
MLS# DESU2113690
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.
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Investment Insights
Based on property information with market context.
This duplex contains two residences: one with three bedrooms and 1.5 baths, and another with two bedrooms and 1.5 baths. The 1,054-square-foot property sits on 0.14 acres and includes a detached garage, driveway, and off-street parking. Interior features include an attic, window treatments, and combined kitchen/dining and kitchen/living spaces. Appliances include a dishwasher, electric dryer, microwave, electric range, refrigerator, washer, and water heater.
Built in 1904, the frame building received a major interior renovation in 1993, including plumbing, electrical, drywall, windows, and roof work. The two units face separate streets: S. William Street and Church Street.
Built in 1904, the frame building received a major interior renovation in 1993, including plumbing, electrical, drywall, windows, and roof work. The two units face separate streets: S. William Street and Church Street.
Key Highlights
- Two residences: one 3‑bedroom, 1.5‑bath unit and one 2‑bedroom, 1.5‑bath unit
- 1,054 square feet on a 0.14‑acre lot
- Major renovation in 1993 included plumbing, electrical, drywall, windows, and roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,175
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,500
$223.5K
Cap Rate 7%
$159,643
$159.6K
Cap Rate 9%
$124,167
$124.2K
Market Conditions
NOI Build-Up for 1,054 SF
Gross rent
$17.1K $16.20/SF
− Vacancy
−$1.1K −$1.05/SF
EGI
$16.0K $15.15/SF
− OpEx
−$4.8K −$4.54/SF
NOI
$11.2K $10.60/SF
Area
Sussex County, DE
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,500
Cap Rate 7%
$159,643
Cap Rate 9%
$124,167
Alternative Uses
Best Use
Multifamily LT 5
$159.6K
$139.7K – $186.3K
NOI $11,175 @ 7.0% cap · market cap 2.83%
Second Best
Apartment 5plus
$147.9K
$129.4K – $172.6K
NOI $10,354 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$289.6K
$253.4K – $337.9K
NOI $20,275 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Explore this area
Business Placement
Demographics for 19975, DE
10,476
Population
8,890
Households
1.2
Avg Household Size
60
Median Age
39%
College-Educated
94%
High-School Grad
25.5 sq mi
ZIP Area
411
Density / Sq Mi
$86,063
Median Household Income
$41,090
Median Earnings
$1,098
Median Rent
$430,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate two- and three-bedroom residences provide a distinct unit mix for rental use.
Where is this duplex located?
The property is located at 10 E CHURCH Street Selbyville, DE.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two residences: one 3‑bedroom, 1.5‑bath unit and one 2‑bedroom, 1.5‑bath unit; 1,054 square feet on a 0.14‑acre lot; Major renovation in 1993 included plumbing, electrical, drywall, windows, and roof
