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    Milford Apartment Building Investment Opportunity Title is generated by Realmo AI

    1 S WASHINGTON St, Milford, DE 19963

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    For Sale
    $1,200,000

    High-performing apartment building in the heart of Milford.

    Type:Commercial
    Added:
    May 15, 2026
    Days on Market:
    14
    Last Refresh:
    May 15 at 1:38 pm

    Property Features for 1 S WASHINGTON St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

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    Listing Contact
    Albert C Leskovar Jr.

    Listing agent Albert C Leskovar Jr. License #RS-0018925

    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

    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
    • Private parking lot and on‑site laundry facilities
    • Separately metered utilities
    • Turn‑key operation with recent improvements

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.4268992
    Latitude
    38.9126301

    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
    More about this property
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