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Residential Income Property with Water Views
For Sale
$224,900

5205 CAITLINS WAY, Millsboro, DE 19966

Maintained home with open living areas, a screened porch, and a second outdoor space overlooking the water.

Property SizeContact for details
Days on Market170

Property Features for 5205 CAITLINS WAY

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $381

Amenities

screened-in porch
open porch
Heat Pump(s)
Forced Air
Central A/C
Built-In Microwave
Built-In Range
Dishwasher
Dryer
Microwave
Refrigerator
Oven/Range - Electric
Washer
WaterHeater
Cable TV Available

Building Details

Year Built 2006
Buildings 1
Listed By: Amanda Sweigert
Source: Kw
Added: Apr 10 Changed: Sep 25 Last Checked: Sep 24 at 3:37PM

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 Amanda Sweigert

Investment Insights

Based on property information with market context.

This residential income property in the Villages at Millwood was built in 2006 and includes two bedrooms and two full bathrooms. The interior features an open arrangement, luxury vinyl plank flooring, a primary suite with a walk-in closet, and a kitchen equipped with a built-in microwave, electric range, dishwasher, refrigerator, and additional appliances. Heating and cooling are provided by a heat pump, forced air, and central A/C.

Outdoor living includes a screened-in porch and an open porch, both positioned to capture water views. The property also has cable TV availability and is located in Millsboro, Delaware, near shopping and dining described in the property information.

Key Highlights

  • Two‑bedroom, two‑full‑bath home built in 2006
  • Open interior layout with luxury vinyl plank flooring
  • Primary suite includes a walk‑in closet

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby

Demographics for 19966, DE

32,520
Population
19,625
Households
1.7
Avg Household Size
53
Median Age
28%
College-Educated
90%
High-School Grad
89.1 sq mi
ZIP Area
365
Density / Sq Mi
$75,436
Median Household Income
$36,815
Median Earnings
$1,293
Median Rent
$282,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Maintained home with open living areas, a screened porch, and a second outdoor space overlooking the water.
Where is this residential income property located?
The property is located at 5205 CAITLINS WAY Millsboro, DE.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Two‑bedroom, two‑full‑bath home built in 2006; Open interior layout with luxury vinyl plank flooring; Primary suite includes a walk‑in closet
More about this property
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