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Newark, DE Multifamily Properties for Sale

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Creekside Duplex with Two Units
Updated: May 8
Creekside Duplex with Two Units

16 WHITE CLAY Drive, Newark, DE 19711

$595,000
1,575 sqft 0.50 AC lot
Duplex with two units, each offering 3 bedrooms and 1 bath
1,575 square feet on 0.5 acres along White Clay Creek
Separate utilities and individual HVAC for each unit
Washer and dryer provided in both units
Within Newark city limits, near Main Street and the University of Delaware campus
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Student Housing Row Homes
Updated: May 12
Student Housing Row Homes

118 NEW LONDON ROAD, Newark, DE 19711

$2,995,000
9,018 sqft
5‑unit student housing composed of five row homes, configured as high‑density garden apartment‑style units
Reimagined in 2021 after rezoning: originally three detached 4‑bedroom homes plus two additional 5‑bedroom homes
Central air cooling; vinyl and carpet flooring; metal and composition shingle roof
Built in 2021 with parking on the lot; located in an urban setting
100% occupancy since inception with favorable annual rent increases, per remarks
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Renovated Duplex with Two Units
Renovated Duplex with Two Units

28 E MAIN STREET, Newark, DE 19702

$550,000
2,125 sqft

Fully renovated duplex with two vacant, move-in-ready 3-bedroom units, each with central HVAC and in-unit laundry hookups.

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Duplex with Creek Views
Duplex with Creek Views

16 White Clay Dr, Newark, DE 19711

$595,000
1,575 sqft 0.50 AC lot

Two separate residences feature individual HVAC, laundry appliances, and utility services for distinct household operation.

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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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Student Housing Apartment Building
Student Housing Apartment Building

153 Courtney St, Newark, DE 19711

Contact for pricing
40,196 sqft 0.51 AC lot

Two-story off-campus residence positioned directly across from the University of Delaware.

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Approved Mixed-Use Redevelopment Property
Approved Mixed-Use Redevelopment Property

1501 Casho Mill Rd, Newark, DE 19711

Contact for pricing

City-approved plans support a three-story building with ground-floor office space and upper-level apartments.

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Student Rental Income Property
Student Rental Income Property

61 Kennard Dr, Newark, DE 19711

Contact for pricing

Four student rental units on one property are fully occupied, with leases secured for three units for the next year.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 8 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

Opportunities in Nearby Cities

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

Four-Unit Quadplex
Four-Unit Quadplex

103 Mercer Mill Rd, Landenberg, PA 19350

$549,900
3,770 sqft

Rental property with varied layouts, including one three-bedroom unit, one two-bedroom unit, and two one-bedroom units.

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Four-Unit Multifamily Property
Four-Unit Multifamily Property

103 MERCER MILL Road, Landenberg, PA 19350

$549,900
3,770 sqft 0.60 AC lot

Four-unit rental property with a mix of 3-, 2-, and 1-bedroom units and an established monthly rent roll.

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Occupied Two-Unit Duplex
Occupied Two-Unit Duplex

88 KIST RD, Elkton, MD 21921

$249,999
1,118 sqft

Separate front and rear residences are leased to month-to-month tenants.

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Mixed-Use Building with Bar Space
Mixed-Use Building with Bar Space

113 North St, Elkton, MD 21921

$399,900

Mixed-use building combines commercial bar space with upper-floor apartments.

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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

$270,000
Estimated value
1,575 sqft 0.16 AC lot
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720 Academy St
BOARDING/ROOMING HOUSE

720 Academy St, Newark, DE 19711-5104

$375,000
Estimated value
10,825 sqft 0.30 AC lot
View details
50 Choate St
APARTMENT HOUSE (5+ UNITS)

50 Choate St, Newark, DE 19711-2270

$315,000
Estimated value
2,500 sqft 0.35 AC lot
View details

Newark, DE Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Newark, DE, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 54,489 square feet of properties for sale, with an estimated market value of $8,035,000.

Sale prices for multifamily properties in Newark, DE start at $550,000, averaging $1,607,000, and reaching up to $3,300,000 — 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 4
Duplexes 3
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
19702 $550K
19711 $1.9M

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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