394 Denny Street Leipsic, DE $ 299,000
394 Denny Street
$ 299,000
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394 Denny Street

Leipsic, DE, 19901
$ 299,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,888

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Multi-Family Home for sale in Leipsic, DE

for $299,000 with 4 bedrooms. This home was built in 1940 on a lot size of 0.09.

Turnkey Duplex Investment Opportunity in Leipsic, Delaware! Add this income-producing duplex to your investment portfolio. Situated in the charming waterfront community of Leipsic, this well-maintained property features two 2-bedroom, 1-bathroom units totaling approximately 1,742 square feet. Unit A offers approximately 800 square feet, a private driveway, and is currently leased for $1,225 per month through January 2027. Unit B also offers approximately 800 square feet and is leased for $1,225 per month through March 2027. The property benefits from separate utilities for each unit, helping minimize owner expenses. Additional features include well water, newer windows in both units, a 3-year-old propane furnace serving Unit A, and recently updated flooring, paint, and appliances. With established rental income, a strong tenant history, and several capital improvements, this duplex presents an excellent opportunity for seasoned investors, those looking to expand their rental portfolio or even owner-occupants. Conveniently located near Dover and the AFB, Route 1, local employers, and Delaware's coastal attractions. Don't miss your chance to own a solid income-producing property in a growing Delaware market.

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Multi-Family Active

Price

$ 299,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 1,013

Style

Cape Cod

Lot Size

0.09

Year Built

1940

Town/City

Leipsic

County/Region

Kent

MLS | Web ID

DEKT2048316

Features
General
Living Area 1742
Sewer No Septic System
Heating Baseboard - Electric 90% Forced Air
Cooling Window Unit(s)
Possession Settlement
Roof Shingle
Zoning NA
Architectural Style Cape Cod
Construction Materials Vinyl Siding Aluminum Siding
School District CAPITAL
Year Built 1940
Electric 200+ Amp Service
Property Subtype Duplex
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 GPS or map app
City LEIPSIC
Disclosures Lead Based Paint - State Prop Disclosure Radon
Number Of Units Total 2
MLS Area Capital (30802)
Lot Size Units Square Feet
Lot Size Square Feet 3920.00
Number of Units Leased 2
Tax Annual Amount 1013.0
Home Warranty Y/N N
Property Condition Very Good
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 171.64
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
Tax Lot 2701-000
Total Actual Rent 29400.00
Association Recreation Fee N
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Interior
Heating Fuel Propane - Owned Electric
Flooring Luxury Vinyl Plank
Hot Water Electric
Total Stories 1
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Well
Type of Parking Driveway On Street
Foundation Details Slab
Spa N
Water View Y/N N
Lot Size Acres 0.09
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 17200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 394
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* Excluded Features
List By
Crown Homes Real Estate

Broker

rickbrowntherealtor@gmail.com

Email

Affordability Calculator

$1,972
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,888
Monthly Property Taxes
$84
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2026$299,000 Listed Price

Map


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394 Denny Street, Leipsic, DE, 19901 is a Multi-Family Home for sale at $299,000 with a lot size of 0.09. 394 Denny Street has 4 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 19901 which is in Leipsic, DE