House for sale 217-219 W Reed Street, Dover, DE 19904

217-219 W Reed Street, Dover, DE 19904 $425,000

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# of Units: 4
Interior Sq. Ft: 2,560
Acreage: 0.06
Age:125 years
Taxes: $1,299

MLS#: DEKT2036316
Design/Type:
Other

Description

Introducing 217-219 W Reed St, a meticulously maintained turnkey property featuring four fully occupied 1-bedroom apartments . This investment opportunity offers immediate positive cash flow, with all four units rented and generating income from day one. The property's financials are straightforward: tenants are responsible for all utilities except water, which is covered by the owner.The rental income breakdown is as follows:- 219A: $1,302/month (includes all utilties), 219B: $925/month, 217A: $962/month, 217B: $893/month. Whether you're a seasoned investor or just starting out, this property presents a compelling opportunity for steady returns. With its hassle-free setup and existing tenants, 217-219 W Reed St is an attractive addition to any investment portfolio. Don't miss out on this chance to secure a profitable investment â€“ inquire today!"

Taxes: $1,299
Home Assoc: No
Condo Assoc: No

Garage: N
Basement: Y
Pool: No Pool

School Dist: Capital

Features

Utilities
Radiator Heating, Natural Gas, Window Unit(s) Cooling, Electric, Hot Water - Propane, Public Water, Public Sewer, 200+ Amp Service

Garage/Parking
None

Interior
Carpet Flooring, Vinyl Flooring, Insulated Windows, Insulated Doors

Exterior
Shingle Roof, Frame Exterior, Vinyl Siding

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (18 schools)

School	District	Grades	Place	Distance
Booker T. Washington Elementary School	Capital School District	K–4	Dover	0.57 mi
Campus Community School	Campus Community School	K–8	Dover	0.61 mi
Kent County Community School	Capital School District	Preschool–12	Dover	0.66 mi
Academy Of Dover Charter School	Academy of Dover Charter School	K–8	Dover	0.88 mi
South Dover Elementary School	Capital School District	K–4	Dover	0.89 mi
Fairview Elementary School	Capital School District	K–4	Dover	0.94 mi
East Dover Elementary School	Capital School District	K–4	Dover	1.28 mi
Towne Point Elementary School	Capital School District	K–4	Dover	1.34 mi
Capital Early Childhood Center	Capital School District	Preschool	Dover	1.35 mi
North Dover Elementary School	Capital School District	K–4	Dover	1.93 mi
W. Reily Brown Elementary School	Caesar Rodney School District	1–5	Dover	2 mi
W. B. Simpson Elementary School	Caesar Rodney School District	1–5	Camden	2.97 mi
Kent Elementary Intensive Learning Center	Caesar Rodney School District	1–5	Camden	2.97 mi
Major George S. Welch Elementary School	Caesar Rodney School District	K–5	Dover	3.6 mi
John S. Charlton School	Caesar Rodney School District	Preschool–12	Camden	4.05 mi
Allen Frear Elementary School	Caesar Rodney School District	1–5	Camden	4.13 mi
Star Hill Elementary School	Caesar Rodney School District	2–5	Dover	4.14 mi
Nellie Hughes Stokes Elementary School	Caesar Rodney School District	1–5	Dover	4.25 mi

Public Middle (7 schools)

School	District	Grades	Place	Distance
Central Middle School	Capital School District	7–8	Dover	0.45 mi
Kent County Community School	Capital School District	Preschool–12	Dover	0.66 mi
William Henry Middle School	Capital School District	5–6	Dover	0.66 mi
Fred Fifer III Middle School	Caesar Rodney School District	6–8	Camden	3.2 mi
Dover Air Force Base Middle School	Caesar Rodney School District	6–8	Dover	3.6 mi
John S. Charlton School	Caesar Rodney School District	Preschool–12	Camden	4.05 mi
F. Niel Postlethwait Middle School	Caesar Rodney School District	6–8	Camden	4.17 mi

Public High (7 schools)

School	District	Grades	Place	Distance
Kent County Secondary ILC	Capital School District	6–12	Dover	0.64 mi
Kent County Community School	Capital School District	Preschool–12	Dover	0.66 mi
Dover High School	Capital School District	9–12	Dover	2.44 mi
Early College School at Del State	Early College High School at Del State	7–12	Dover	2.71 mi
Caesar Rodney High School	Caesar Rodney School District	9–12	Camden	2.9 mi
Positive Outcomes Charter School	Positive Outcomes Charter School	7–12	Camden	3.56 mi
John S. Charlton School	Caesar Rodney School District	Preschool–12	Camden	4.05 mi

Private (9 schools)

School		Grades	Place	Distance
Holy Cross School	Roman Catholic	Preschool–8	Dover	0.75 mi
Dover First Christian School	Christian (no specific denomination)	Preschool–6	Dover	1.04 mi
St John's Lutheran School	Lutheran Church - Missouri Synod	Preschool–8	Dover	1.39 mi
Capitol Baptist School	Baptist	K–12	Dover	1.69 mi
Calvary Christian Academy	Assembly of God	Preschool–12	Dover	2.88 mi
Rose Valley School	Amish	1–8	Dover	4.07 mi
Kingdom Christian Academy	Christian (no specific denomination)	Preschool–6	Dover	4.53 mi
Central De Christian Academy	Christian (no specific denomination)	Preschool–8	Dover	4.62 mi
Apple Grove School	Amish	1–8	Dover	4.63 mi

This report is a detailed community overview for Dover (19904), Delaware.

Community Quick Facts

Average travel time to work for people in this community: 25
Average salary of people in this community: $42,606

Community Summary

Population Density (ppl / mile): 846
Household Size (ppl): 2.61
Households w/ Children: 62%

Housing Inventory

Owned: 8,854 (58.0%)
Rented: 4,792 (31.4%)
Vacant: 1,610 (10.6%)
Total: 15,256

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 37,467

Households: 13,646

Median Age: 35.50

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

Less than 9th Grade: 3.7%
Some High School: 8.7%
High School Graduate: 31.6%
Some College: 24.8%

Associate Degree: 6.6%
Bachelor's Degree: 13.8%
Graduate Degree: 10.8%

Income by dollar range

Median Income: $61,089

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio: $1,042
One Bedroom: $820
Two Bedroom: $1,001

Three Bedroom: $1,336
Four Bedroom: $1,402

Contact Information

Schedule an Appointment to See this Home
Request more information
or call me now at 302-733-7071

Listing Courtesy of: Century 21 Gold Key Realty , (302) 369-5397, newarkoffice@c21gk.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 4/14/2025.

Homes for Sale Nearby

$387,500 ≫ More Info Nearby for Sale

$364,500 ≫ More Info Recently Sold

Market Trends

Dover, DE
Homes for Sale: 200
Average List Price:
$370,230
Sold Last 90 Days: 279
Median Sold Price:
$317,500

Estimated Payment

Monthly @6.86%
$2,230.15
30 year fixed
20% down

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CATHY VERNE

Patterson-Schwartz Real Estate