Well-Maintained Income-Producing Triplex

803 E STATE St Delmar, DE 19940

Claim this Listing
For Sale
$322,000

Fully rented triplex with recent updates and strong rental history.

Type:Investment
Lot size:
0.23 Acres
Added:
Mar 12, 2026
Days on Market:
123
Last Refresh:
Jul 2 at 2:33 pm

Property Features for 803 E STATE St

General Information

Standard status
Active
Lot size
0.23 Acres
Property subtype
Investment

Building Details

Year Built
1940

Listing office Redfin Corporation

Listing date Mar 12, 2026

Source Elliman

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 Redfin Corporation


Investment Insights

Based on property information with market context.

This well-maintained triplex presents an income-producing opportunity with a strong rental history. The property is fully rented and comprises three units. One unit features 2 bedrooms and 1 full bath, while the other two units each offer 1 bedroom and 1 bath. Tenants benefit from off-street parking accommodating up to 4 vehicles, along with a storage shed located in the rear yard. Recent updates include new appliances and replaced systems, such as the boiler, hot water heater, sump, and heat pumps. The property is located close to downtown and within a short distance of local schools, making it a turnkey investment.

Key Highlights

  • Fully rented triplex with strong rental history provides immediate income.
  • Recent updates to appliances, boiler, hot water heater, sump, and heat pumps reduce maintenance costs.
  • Convenient location close to downtown and local schools.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store Dental Office Bakery HVAC Service Computer & Electronic Repair Home Appliance Store Kitchen & Bath Showroom Acupuncture Furniture & Home Goods Daycare Center

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

FAQs

What type of property is this?
Triplex - Fully rented triplex with recent updates and strong rental history.
Where is this triplex located?
The property is located at 803 E STATE St Delmar, DE.
What is the asking price?
The asking price for this property is $322,000.
What are key features of this property?
This property features: Fully rented triplex with strong rental history provides immediate income.; Recent updates to appliances, boiler, hot water heater, sump, and heat pumps reduce maintenance costs.; Convenient location close to downtown and local schools.
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