40 S Governors Avenue Dover, DE $ 250,000
40 S Governors Avenue
$ 250,000
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40 S Governors Avenue

Dover, DE, 19904
$ 250,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,560

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Multi-Family Home for sale in Dover, DE

for $250,000 with 4 bedrooms. This home was built in 1900 on a lot size of 0.21.

Opportunities like this one don't come knocking often! Incredible investment opportunity. This building has three total units. Perhaps you'd like to live in one and rent out the other two! You could just rent out all three! The units consist of an efficiency one bedroom and standard one bedroom on the first floor and the third apartment is a three bedroom on the second floor. Most recently these rented for $1050, $1110, and $1700 respectively. That's $3860 a month for a $250,000 investment! Brand new siding just installed. Current owner is working on filling with new tenants, but they are currently vacant. All metered separately. Huge parking lot behind the building for parking. Close to new family court, Del State facilities (formerly Wesley College), and lots of local conveniences. Schedule your showing today!

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Multi-Family Active

Price

$ 250,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 1,100

Style

Lot Size

0.21

Year Built

1900

Town/City

Dover

County/Region

Kent

MLS | Web ID

DEKT2043248

Features
General
Living Area 1912
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Negotiable
Roof Pitched
Zoning RG1
Architectural Style Other
Construction Materials Vinyl Siding
School District CAPITAL
Year Built 1900
Property Subtype Triplex
Tax Year 2022
Ownership Fee Simple
Cool Fuel None
Accessibility None
County KENT
New Construction N
Property Type Multi-Family
Subdivision Name DOVER
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City DOVER
Number Of Units Total 3
MLS Area Capital (30802)
Lot Size Units Square Feet
Lot Size Square Feet 9147.60
Tax Annual Amount 1100.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 130.75
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 3500-000
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Exterior Amenities Sidewalks Street Lights
Pool No Pool
Lot Features Level Rear Yard
Water Source Public
Type of Parking Driveway
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 0.10 x 0.00
Lot Size Acres 0.21
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 2900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 40
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* Excluded Features
List By
Tri-County Realty

Broker

triciacloses@gmail.com

Email

Affordability Calculator

$1,651
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$92
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3534261 Elementary School
3535339 Middle School
Dover High School High School
Pricing History
DatePricePrice ChangeDescription
12/21/2025$250,000 Listed Price

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40 S Governors Avenue, Dover, DE, 19904 is a Multi-Family Home for sale at $250,000 with a lot size of 0.21. 40 S Governors Avenue has 4 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19904 which is in Dover, DE