12 S State Street Dover, DE $ 475,000
12 S State Street
$ 475,000
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12 S State Street

Dover, DE, 19901
$ 475,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,925

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Multi-Family Home for sale in Dover, DE

for $475,000 with 4 bedrooms. This home was built in 1900 on a lot size of 0.17.

Well-maintained quadplex investment opportunity featuring four 1 bed / 1 bath units, all currently occupied with tenants in place. Each unit is separately metered for electric, allowing tenants to pay their own electric utilities and helping reduce owner expenses. Owner currently pays water. Property also includes an on-site laundry room for tenant convenience. Strong income-producing property with consistent rental demand and solid investment potential.

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Multi-Family Active

Price

$ 475,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 2,048

Style

Colonial

Lot Size

0.17

Year Built

1900

Town/City

Dover

County/Region

Kent

MLS | Web ID

DEKT2047086

Features
General
Living Area 3220
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Wall Unit
Possession Settlement
Zoning RG0
Architectural Style Colonial
Construction Materials Aluminum Siding
School District CAPITAL
Exclusions All tenants' person property.
Year Built 1900
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County KENT
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions On South State St in Dover DE
City DOVER
Number Of Units Total 4
MLS Area Capital (30802)
Lot Size Units Square Feet
Lot Size Square Feet 7318.00
Number of Units Leased 4
Tax Annual Amount 2048.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 147.52
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Lease Type Yearly Month to Month
Standard Status Active
Year Built Source Assessor
Legal Subdivision BRADFORD CITY ADDITION
Tax Lot 2600-000
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Interior
Heating Fuel Electric
Basement Full
Hot Water Electric
Total Stories 2
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
Number of Elevators 0
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Exterior
Pool No Pool
Water Source Public
Inclusions All appliances and fixtures located at the property in AS IS condition.
Type of Parking Off Street On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 44.40 x 150.00
Lot Size Acres 0.17
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 87700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 12
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* Excluded Features
List By
Phoenix Real Estate

Broker

michael@mdavisismyrealtor.com

Email

Affordability Calculator

$3,095
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$171
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/14/2026$475,000 Listed Price

Map


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12 S State Street, Dover, DE, 19901 is a Multi-Family Home for sale at $475,000 with a lot size of 0.17. 12 S State Street has 4 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19901 which is in Dover, DE