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For salePrice cut: $50K (8/13)
$949,900
3beds
1,646sqft

121 Franklin Ave, Lewes, DE 19958

3beds
1,646sqft
Single family residence
Built in 1900
4,792 sqft
2 Open parking spaces
$577 price/sqft

What's special

Fenced in private backyardFunctional floorplanOff street parking

A QUINTESSENTIAL HISTORIC LEWES CHARM-FILLED HOME AND INVESTMENT OPPORTUNITY - with great rental history! Seize the opportunity for this ideal, in-town Lewes 3-bedroom home. This home features a functional floorplan , 3 spacious 2nd floor bedrooms, plenty of storage with a floored attic & shed, and off street parking. Enjoy the fenced in, private backyard with large deck, perfect for entertaining or relaxing . Traditional Lewes charm with modern comforts await - all within a few blocks of Downtown Lewes shopping, restaurants, library, and just minutes to the beach and Coastal Highway! You definitely won't want to miss this rare opportunity for history and investment in the heart of it all!

151 days
|
1,453
|
41
|
Source: Bright MLS,MLS#: DESU2107660MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Lee Ann Wilkinson 302-645-6664,

Berkshire Hathaway HomeServices PenFed Realty 3026456661,

Listing Team: The Lee Ann Wilkinson Group

Source: Bright MLS,MLS#: DESU2107660MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
Rooms
  • Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Sun/Florida Room, Laundry, Attic, Full Bath
Bedroom 1
  • Features: Attached Bathroom, Flooring - Carpet, Ceiling Fan(s)
  • Level: Upper
Bedroom 2
  • Features: Flooring - Carpet, Ceiling Fan(s)
  • Level: Upper
Bedroom 3
  • Features: Flooring - Carpet
  • Level: Upper
Other
  • Level: Upper
Dining room
  • Features: Flooring - Carpet
  • Level: Main
Other
  • Features: Flooring - Vinyl, Bathroom - Walk-In Shower
  • Level: Main
Other
  • Features: Bathroom - Tub Shower
  • Level: Upper
Kitchen
  • Features: Flooring - Tile/Brick, Breakfast Bar, Kitchen - Gas Cooking
  • Level: Main
Laundry
  • Features: Flooring - Vinyl
  • Level: Main
Living room
  • Features: Flooring - Carpet, Ceiling Fan(s)
  • Level: Main
Other
  • Features: Flooring - Carpet, Ceiling Fan(s)
  • Level: Main
Heating
  • Forced Air, Heat Pump, Electric
Cooling
  • Central Air, Electric
Appliances
  • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater
  • Laundry: Main Level, Laundry Room
Features
  • Attic, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Floor Plan - Traditional
  • Flooring: Tile/Brick, Vinyl, Carpet
  • Doors: Storm Door(s)
  • Windows: Screens, Storm Window(s), Window Treatments
  • Has basement: No
  • Has fireplace: No
Interior area
  • Total structure area: 1,646
  • Total interior livable area: 1,646 sqft
  • Finished area above ground: 1,646
  • Finished area below ground: 0

Property

Parking
  • Total spaces: 2
  • Parking features: Driveway
  • Uncovered spaces: 2
Accessibility
  • Accessibility features: None
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Pool features: None
  • Fencing: Full
Lot
  • Size: 4,792 Square Feet
  • Dimensions: 50.00 x 97.00
  • Features: Rear Yard
Details
  • Additional structures: Above Grade, Below Grade
  • Parcel number: 33508.0884.00
  • Zoning: TN
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subtype: Single Family Residence
Materials
  • Stick Built
  • Foundation: Crawl Space
  • Roof: Architectural Shingle
Condition
  • New construction: No
  • Year built: 1900

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public

Community & HOA

Community
  • Subdivision: None Available
HOA
  • Has HOA: No
Location
  • Region: Lewes

Financial & listing details

  • Price per square foot: $577/sqft
  • Tax assessed value: $699,700
  • Annual tax amount: $2,137
  • Date on market: 4/3/2026
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: Cash,Conventional
  • Ownership: Fee Simple

Price history

DateEventPrice
8/13/2026Price change$949,900-5%$577/sqft
Source: Bright MLS #DESU2107660 Report a problem
7/9/2026Price change$999,900-7%$607/sqft
Source: Bright MLS #DESU2107660 Report a problem
5/9/2026Price change$1,075,000-6.5%$653/sqft
Source: Bright MLS #DESU2107660 Report a problem
4/3/2026Listed for sale$1,150,000$699/sqft
Source: Bright MLS #DESU2107660 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$1,478 +350.8%$349,850 +5160.9%
2024$328 +0.1%$6,650
2023$328 +3.6%$6,650
2022$316 +0.9%$6,650
2021$313 +0.3%$6,650
2020$312 $6,650
2019$312 -0.1%$6,650
2018$313 +7.1%$6,650
2017$292 +9.9%$6,650
2016$266 +4.7%$6,650
2015$254 +0.7%$6,650
2014$252 +2.9%$6,650
2013$245 +0.4%$6,650
2012$244 +11.9%$6,650
2011$218 $6,650
2010$218 -3%$6,650
2009$225 $6,650
2003-- --
2002-- --
2001-- --

Find assessor info on the county website

Monthly payment

Est. payment
$5,142/mo
Principal & interest
$4881
Property taxes
$261
More affordability toolsChevron Right

Estimated market value

$916,400

$871,000 - $962,000

$2,558/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 19958

Nearby schools

Shields (Richard A.) Elementary School
Grades K-50.6 miles
9/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
9/10
Frederick D Thomas Middle School
Grades 6-81.4 miles
N/A
GreatSchools® Rating
Test Score Rating
9/10
Cape Henlopen High School
Grades 9-121.2 miles
8/10
GreatSchools® Rating
College Readiness Rating
8/10