12 S STATE St Dover, DE 19901

Building Details

Year Built

1900

Listing office m***@mdavisismyrealtor.com Show Phone

Listing date May 14, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This is a well-maintained quadplex investment opportunity featuring four units, each with 1 bed and 1 bath. All units are currently occupied with tenants in place. Each unit is separately metered for electric, allowing tenants to pay their own electric utilities. The owner currently pays for water. The property also includes an on-site laundry room for tenant convenience. This is a strong income-producing property with consistent rental demand and solid investment potential. The bike score is 56, indicating it is bikeable. The walk score is 79, indicating it is very walkable. The transit score is 42, indicating some transit options are available.

Key Highlights

• Strong income‑producing quadplex with consistent rental demand.
• Four 1 bed / 1 bath units, all currently occupied with tenants in place.
• Each unit is separately metered for electric, with tenants paying their own electric utilities.

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FAQs

What type of property is this?

Quadplex - Four 1 bed/1 bath units, all currently occupied.

Where is this quadplex located?

The property is located at 12 S STATE St Dover, DE.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Strong income‑producing quadplex with consistent rental demand.; Four 1 bed / 1 bath units, all currently occupied with tenants in place.; Each unit is separately metered for electric, with tenants paying their own electric utilities.