Mixed-Use Income
For Sale
$1,495,000
102 Federal Street, Milton, DE 19968
Five leasable units combine three apartments with two commercial spaces, including a restaurant, for diversified income.
Property SizeContact for details
Days on Market76
Property Features for 102 Federal Street
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
[]
Additional Details
Multifamily Units
3
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
Listed By:
Lee Ann Wilkinson · License #RA-0002064
(302) 645-6664
Source:
Deepcreeklake
Added: Jun 22
Changed: Sep 4
Last Checked: Sep 4 at 10:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices PenFed Realty
Investment Insights
Based on property information with market context.
This well-maintained mixed-use income property features five leasable units, with three residential apartments and two commercial spaces. The residential component includes one 3-bedroom apartment and two 2-bedroom apartments. The commercial component includes a restaurant tenant plus a basement for storage, along with an additional leased commercial space.
Located on Federal Street in Historic Downtown Milton, the building offers walkable access to local dining, breweries, specialty shops, parks, and year-round community events.
As a multi-tenant setup, the property provides both residential and commercial income streams within a single ownership, with the added benefit of basement storage tied to the restaurant space.
Located on Federal Street in Historic Downtown Milton, the building offers walkable access to local dining, breweries, specialty shops, parks, and year-round community events.
As a multi-tenant setup, the property provides both residential and commercial income streams within a single ownership, with the added benefit of basement storage tied to the restaurant space.
Key Highlights
- Mixed‑use income property built in 1910 with five leasable units: three apartments and two commercial spaces
- Residential unit mix includes one 3‑bedroom apartment and two 2‑bedroom apartments
- Commercial space includes a restaurant tenant plus additional leased commercial space
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Explore this area
Business Placement
Demographics for 19968, DE
13,800
Population
7,380
Households
1.9
Avg Household Size
53
Median Age
40%
College-Educated
94%
High-School Grad
63.9 sq mi
ZIP Area
216
Density / Sq Mi
$81,646
Median Household Income
$43,088
Median Earnings
$1,408
Median Rent
$418,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Five leasable units combine three apartments with two commercial spaces, including a restaurant, for diversified income.
Where is this triplex located?
The property is located at 102 Federal Street Milton, DE.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Mixed‑use income property built in 1910 with five leasable units: three apartments and two commercial spaces; Residential unit mix includes one 3‑bedroom apartment and two 2‑bedroom apartments; Commercial space includes a restaurant tenant plus additional leased commercial space
