Multifamily

Newark, DE Multifamily Properties for Sale

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Bear, DE Williamstown, NJ Elkton, MD New Castle, DE Saint Georges, DE Chesapeake City, MD Wilmington, DE Middletown, DE
Colonial Residential Income Duplex
Updated: May 6
Colonial Residential Income Duplex

330 MOURNING DOVE Drive, Newark, DE 19711

$795,000
4,946 sqft 0.75 AC lot
Colonial home built in 1997 with approximately 3,570 SF of finished living space
Finished basement adds about 600 SF and includes a separate 1‑bedroom, 1‑bath living area with its own kitchen
Main living area features a fireplace for cozy gatherings
Open floor plan with wood floors and carpeting, plus upgraded countertops and an eat‑in/breakfast area
Primary suite with private bath featuring dual vanities and ample closet space
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330 MOURNING DOVE Drive, NEWARK, DE 19711

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Twin/Duplex Near University of Delaware
Updated: May 8
Twin/Duplex Near University of Delaware

16 WHITE CLAY Drive, Newark, DE 19711

$695,000
1,575 sqft 0.50 AC lot
Twin/duplex on a half acre within City of Newark limits
Each unit offers 3 bedrooms and 1 bath with washer and dryer
Separate utilities and HVAC for each unit
Heating and cooling include heat pump plus electric heating
Driveway parking and vinyl siding construction
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Student Housing Row Homes
Student Housing Row Homes

118 NEW LONDON ROAD, Newark, DE 19711

$2,995,000
9,018 sqft

Five row homes configured as high-density garden apartment-style student housing, located between UD’s main campus and north campus.

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Student Housing Investment Opportunity
Student Housing Investment Opportunity

118 NEW LONDON Rd, Newark, DE 19711

$3,300,000

Five-unit student housing near University of Delaware campus.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 Active listings in Newark, DE, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Investment in Kennett Square
Mixed-Use Investment in Kennett Square

107 W STATE Street, Kennett Square, PA 19348

$625,000
2,792 sqft 0.03 AC lot

Two-unit property with retail/office space and residential apartment.

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Duplex with Two Residential Units
Duplex with Two Residential Units

1226 NEW ST, Wilmington, DE 19808

$550,000
3,000 sqft

Two-unit residential income property with a vacant 3-bedroom home and a 2-bedroom unit over a 2-car garage.

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Twin-Style Residential Income Property
Twin-Style Residential Income Property

Wilmington, DE 19804

$200,000
1,500 sqft

Two-story twin with three bedrooms, one bathroom, full basement, and fenced rear yard, sold as-is.

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Kennett Square Multifamily Investment Property
Kennett Square Multifamily Investment Property

525 W State St, Kennett Square, PA 19348

$1,550,000

Six-unit, fully leased property in desirable Kennett Square.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Camelback Resort
Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing
0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Park Model Community Lot
Park Model Community Lot

R3-120 Tennis Terrace, Gouldsboro, PA 18424

$65,000
0.20 AC lot

Lot includes a park model home, and zoning limits use to vacation purposes only.

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Vacant RV Community Lot
Vacant RV Community Lot

146 Rainbow Drive, Gouldsboro, PA 18424

Contact for pricing

Vacant lot in a lake-based RV vacation community, within walking distance to key recreation amenities.

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Off-Market Properties in Newark, DE

Consider similar Off-Market properties in Newark, DE. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

23 Montrose Dr
BOARDING/ROOMING HOUSE

23 Montrose Dr, Newark, DE 19713-2756

Value Estimation by Request
1,575 sqft 0.16 AC lot
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720 Academy St
BOARDING/ROOMING HOUSE

720 Academy St, Newark, DE 19711-5104

$975,000
Estimated value
10,825 sqft 0.30 AC lot
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50 Choate St
APARTMENT HOUSE (5+ UNITS)

50 Choate St, Newark, DE 19711-2270

Value Estimation by Request
2,500 sqft 0.35 AC lot
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Newark, DE Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Newark, DE, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,521 square feet of properties for sale, with an estimated market value of $1,490,000.

Sale prices for multifamily properties in Newark, DE start at $695,000, averaging $745,000, and reaching up to $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Duplexes 2
Mobile home & RV parks 1

Demographics Overview

Population 142K
Population Growth (5Y) -8.7%
Median Household Income $88,703
College Educated 17.3%

High-Yield Neighborhoods for Investment

Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
19711 $1.6M

Taxes & Financing

Tax Rate (average for all types) 3.79%
Property Tax per SF $87.98 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New Castle County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Newark fall within the 100,000+ square foot range.

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