- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$1,200,000
Monthly Est:$5,973
-- Bed
-- Bath
7,030sqft
26 S State St, Dover, DE 19901
$1,200,000
$5,973/moEst:
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Multi Family
Built in 1900
$-- HOA
7,492 sqft lot
$171/sq.ft
Description
Turnkey 9-unit multifamily investment in Dover, surrounded by historic character and ongoing area revitalization. Stabilized asset producing approximately $11,700 per month (4-1-26) in rental income, plus additional income from on-site central washer and dryer facilities.
Tenants pay their own gas heat and electric. Owner pays water, sewer, trash, and central hot water.
Property has seen numerous recent improvements including updated windows, interior upgrades, select new kitchens, and recently installed flooring in most units. Hallways have been refreshed with new flooring and paint. Capital improvements include a new fire escape and some newer heating systems.
Strong in-place income with additional ancillary revenue and continued upside through future unit improvements and long-term rental demand in the Dover market. Ideal for investors seeking a stabilized asset with proven cash flow.
- Houzeo last checked: 12 hours ago
- Listing updated: June 15, 2026 at 1:59 pm
- Listing Provided by: Steven B. Schmidt (302) 678-4326 , Barbara T Schmidt (302) 678-4300 | RE/MAX Horizons (302) 678-4300
- Source: Bright MLS-NJ | MLS#: DEKT2044590
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
7,030 sqft
Lot Size
7,492 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
DEKT2044590
MLS Status
ACTIVE-BRIGHT
Days on Market
76
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
90% Forced Air
Flooring
Hardwood, Luxury Vinyl Plank
Cooling
None
Sewer
Public Sewer
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Property Condition
Good
Construction Materials
Frame
Architectural Style
Victorian
Utilities & Energy
Utilities
Natural Gas Available
Security Features
Main Entrance Lock
Basement
Partial
Water Source
Public
Parking Features
Private
Other Features
Lot Features
Rear Yard
Price History
| Date | Event | Price |
|---|---|---|
03/13/2026 Source: | Listed for Sale | $1,200,000 $171/sqft |
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