Twin Home with Finished
MIDDLETOWN, DE 19709 Middletown, DE 19709
Middletown, DE, 19709
$415,000
Pending
For Sale
$415,000
Pending
SINGLE_FAMILY - MIDDLETOWN, DE
Property Size3,250 SF
Days on Market46
Property Features
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2
- Standard status
- Pending
- Size
- 3,250 SF
Building Details
- Year built
- 2004
Listing Agency
BHHS Fox & Roach Christiana
(302) 368-1621
DE
Listed by
Pam Cox
(302) 750-8584
Added: Jun 4 Checked: Jul 19 at 9:06 am
MLS# DENC2104492
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This twin home includes 2,284 square feet above grade plus a 964-square-foot finished lower level for approximately 3,250 total finished square feet. The main level features an open-concept layout with hardwood flooring installed in 2021, vaulted ceilings, and a gas fireplace anchoring the sunroom. The kitchen offers stainless steel appliances and sightlines to the living and dining areas. A bright sunroom includes a new French door to the rear yard, and the main-level primary suite includes a tray ceiling, walk-in closet, and full bath, with a main-floor laundry room nearby. Upstairs has two bedrooms, a full bath, an open loft overlooking the living area, and a large storage room.
The finished lower level expands the home with an L-shaped recreation area, half bath, utility room, and additional storage. Updates noted include a new roof installed in Spring 2026 with transferable warranty, new front and French doors, new upper-level carpet, new first-floor bath flooring, washer and dryer in 2024, stove in 2024, and a water heater in 2022.
The home is located near Route 1, Route 13, and U.S. 301 and is served by Appoquinimink School District, with convenient access to shopping, dining, parks, and daily services in the Middletown area.
The finished lower level expands the home with an L-shaped recreation area, half bath, utility room, and additional storage. Updates noted include a new roof installed in Spring 2026 with transferable warranty, new front and French doors, new upper-level carpet, new first-floor bath flooring, washer and dryer in 2024, stove in 2024, and a water heater in 2022.
The home is located near Route 1, Route 13, and U.S. 301 and is served by Appoquinimink School District, with convenient access to shopping, dining, parks, and daily services in the Middletown area.
Key Highlights
- Twin home built in 2004 offering 2,284 sq ft above grade plus a 964 sq ft finished lower level for approx. 3,250 finished sq ft
- Open‑concept main level with hardwood flooring (installed 2021), vaulted ceilings, and a gas fireplace in the living area
- Main‑level primary suite with tray ceiling, walk‑in closet, and full bath, plus main‑floor laundry nearby
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 | $52.7k | $16.20 |
| − Vacancy | −$3.4k | −$1.05 |
| EGI | $49.2k | $15.15 |
| − OpEx | −$14.8k | −$4.54 |
| NOI | $34.5k | $10.60 |
3,250 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$492.3K
$430.7K – $574.3K
NOI $34,459 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$439.8K
$384.8K – $513.1K
NOI $30,784 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$777.4K
$680.2K – $906.9K
NOI $54,416 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Twin home offering an open main level, sunroom, and finished lower level with half bath and storage.
Where is this duplex located?
The property is located at Middletown, DE.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Twin home built in 2004 offering 2,284 sq ft above grade plus a 964 sq ft finished lower level for approx. 3,250 finished sq ft; Open‑concept main level with hardwood flooring (installed 2021), vaulted ceilings, and a gas fireplace in the living area; Main‑level primary suite with tray ceiling, walk‑in closet, and full bath, plus main‑floor laundry nearby
