217-219 W Reed St

Dover, DE 19904

$425,000
Price
—
Beds
—
Baths
2,560 Sq. Ft.
$166 / Sq. Ft.
2,560
Sq. Ft.
$166
per Sq. Ft.
a front view of a house
a front view of a house
a view of a hallway with entryway
a living room with furniture
a bedroom with a bed and a chandelier
a living room with furniture and a window
a kitchen with stainless steel appliances a stove and a refrigerator
a room with furniture toys and a window
a living room with furniture and a window
a view of entryway
a bathroom with a sink toilet and shower
a living room with furniture wooden floor and a flat screen tv
a kitchen with a refrigerator and a stove
a view of a small space
a view of entryway
a bathroom with a sink and toilet
a kitchen with a refrigerator and a stove top oven
a kitchen with a refrigerator a stove a sink a washer and dryer
a view of room with storage
a bedroom with a bed and window
a bathroom with a sink toilet and shower
a bedroom with a bed and a mirror
a kitchen with a sink and a stove top oven
a bedroom with a bed and a window
a kitchen with a refrigerator and a stove
a bathroom with a sink and a toilet
a kitchen with a refrigerator and a stove
a bedroom with a bed and a dresser
a bathroom with a toilet and a shower
a front view of a house with a window
a view of an entryway
a bedroom with a bed and a television
an empty room with wooden floor and windows
a view of an empty room with a window and wooden floor
a kitchen with a white stove and white countertops with wooden floor
a view of small space with racks on the wall
a view of stairs
a bathroom with a sink a toilet and shower

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:...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 – inquire today!"
  1. Listed by Manthan Shah • Century 21 Gold Key Realty
    P: (973)-626-0325 manthan.shah.ms@gmail.com

Property Details for 217-219 West Reed Street

Tax ID Number
ED-05-07705-03-3000-000
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Building Name
NONE AVAILABLE (DOVER DE)
Total Parking Spaces
0
LISTING UPDATED: 04/25/2025 03:20 PM

Property Details for 217-219 West Reed Street

StatusActive
MLS #DEKT2036316
Days on Market39
Taxes$1,299 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.06 AC / 2,613 SF
CountyKent County

Building Information for 217-219 West Reed Street

Stories-Residences4Year Built1900Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 217-219 West Reed Street

Location
Location
  • In City Limits: Yes
  • School District Name: CAPITAL
  • School District County ID: 300200396888
  • SchoolDistrictSource: Listing Agent
  • County: KENT
  • MLS Area: Capital (30802)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $0
  • County Tax: $432
  • City Town Tax: $280
  • Historic: No
  • Zoning: R
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
  • Rent Control: No
Financial Information
Financial Information
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.06 Acres
  • Lot Dimensions Source: Estimated
  • Road Responsibility: Public
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Door Features: Insulated
  • Window Features: Insulated
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Propane
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: New Castle County Board of REALTORS

Property History for 217-219 West Reed Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 217-219 West Reed Street

This home is within Capital School District.
Rating
School
Type
Grades
Distance
Booker T. Washington Elementary School
Public - K to 4
William Henry Middle School
Public - 5 to 6
Central Middle School
Public - 7 to 8
Dover High School
Public - 9 to 12
Rating
School
Distance
Booker T. Washington Elementary School
PublicK to 4

William Henry Middle School
Public5 to 6

Central Middle School
Public7 to 8

Dover High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 217-219 West Reed Street, Dover, DE 19904

217-219 West Reed Street is a multi-family home for sale in Dover, DE 19904. This property was listed for sale on April 8, 2025 by Century 21 Gold Key Realty, it's currently listed at $425,000. It has been on the market for a total of 39 days and was last sold on February 17, 2007. This listing's school district is Capital School District. Nearby schools include Booker T. Washington Elementary School, William Henry Middle School and Central Middle School. 217-219 West Reed Street is a 0-bed, 0-bath, 2,560 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Gold Key Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.