29 N NEW Street, Dover, DE 19904
MULTI_FAMILY - Colonial - DOVER, DE
- Added:
- Jul 1, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 7 at 4:06 am
Property Features for 29 N NEW Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,591 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 908
Utilities
- Heating system
- Electric (Heating), Baseboard
- Cooling system
- Central Air
Building Details
- Year built
- 1925
- Number of units
- 1
- Building materials
- Frame
- Architectural style
- Colonial
Listing agent Casey L Gore License #RS-0024991 (302) 331-3568
Listing office Keller Williams Realty Central-Delaware 1671 S State Street, Dover, DE (302) 677-0020
Listing date Jul 1, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with two separate residential units in a converted single‑family home
- 1st‑floor unit is tenant‑occupied and offers 2 bedrooms and 1 full bath with open‑concept kitchen and living area
- 2nd‑floor unit has a private entrance with 1 bedroom and 1 full bath
- Central air and electric heating with baseboard heat
- Frame construction and Colonial architectural style
- On‑street parking; year built 1925
Overview
The duplex is located in Dover, Delaware (Kent County), near shopping, dining, schools, and major commuting routes. The address is 29 N New Street, Dover, DE 19904.
This setup can fit buyers looking for a straightforward owner-managed or investor-held rental structure with separate living spaces. The presence of a tenant in the first-floor unit may be useful for purchasers seeking immediate occupancy within one of the apartments. Details on current lease information and rental income are available upon request.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.8k | $16.20 |
| − Vacancy | −$1.1k | −$0.72 |
| EGI | $24.6k | $15.48 |
| − OpEx | −$7.4k | −$4.64 |
| NOI | $17.2k | $10.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dover
- County
- Kent
- State
- Delaware
- Longitude
- -75.5294952
- Latitude
- 39.1618385
