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Property profile & analytics
FOR SALE
Quadplexes

62 W Church St Selbyville, DE 19975

Built 1998
Property ID
US17-0140931
Property summary
AI-generated overview

Investor Alert – Rare Quadplex Opportunity! Rarely available quadplex offering exceptional income potential with current year-round rents ranging from $1,200–$1,350 per unit and the opportunity for future rental growth as leases turn over and rates are adjusted to current market conditions. This is a prime opportunity for investors seeking strong cash flow, low operating costs, and a true turn-key portfolio addition. The property has been extensively renovated with all major systems upgraded recently, including a new foundation, all-new plumbing and electrical, sprinkler system, and full alarm system. The roof was replaced within the last five years, providing long-term durability and reduced maintenance. The building is on public water and sewer, keeping ownership simple and operating costs predictable. Each unit has been renovated inside and out, featuring fresh paint, updated flooring, modern appliances, and refreshed finishes throughout. Dedicated parking for each unit enhances tenant convenience and long-term rentability—an increasingly rare feature for multi-unit properties. Garage and Shed also come with the property. With low ongoing expenses, modern systems, and strong projected rents, this quadplex offers an easy, low-maintenance portfolio addition in a high-demand rental market. Rare multi-family opportunities like this don’t come often—schedule your showing today. bikeScore: 44, Somewhat Bikeable walkScore: 21, Car-Dependent

Property profile
Verified
Property type Quadplexes
Year built 1998
UPID US17-0140931
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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