Milford Apartment Building Investment Opportunity

1 S WASHINGTON St Milford, DE 19963

Claim this Listing
For Sale
$1,200,000

High-performing apartment building in the heart of Milford.

Type:Commercial
Added:
May 15, 2026
Days on Market:
60
Last Refresh:
Jul 3 at 1:37 am

Property Features for 1 S WASHINGTON St

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1900

Listing office Myers Realty

Listing date May 15, 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 Myers Realty


Investment Insights

Based on property information with market context.

This well-maintained apartment building presents an investment opportunity in the heart of the City of Milford. The property offers a combination of stable long-term cash flow and potential for immediate value-add. Located in the center of the city, the property provides tenants with walkability and convenience. Recent upgrades include window replacements in most units. The building features a private parking lot and on-site laundry facilities. Utilities are separately metered. There is an opportunity for the new owner to increase rents. The property has a bike score of 50, indicating it is bikeable, and a walk score of 74, indicating it is very walkable.

Key Highlights

  • Unbeatable central location in Milford with high walkability (Walk Score 74)
  • Immediate upside potential through rent increases
  • Significant Capex savings due to recent window replacements

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Electrical Service Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store (Bike/Boat/Book/etc) Store Pet Grooming Service

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

FAQs

What type of property is this?
Apartment building - High-performing apartment building in the heart of Milford.
Where is this apartment building located?
The property is located at 1 S WASHINGTON St Milford, DE.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Unbeatable central location in Milford with high walkability (Walk Score 74); Immediate upside potential through rent increases; Significant Capex savings due to recent window replacements
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