Sold for $295,000

Street View

$295,000

133 & 135 E Lake St, Middletown, DE 19709

5beds

2baths

2,250sqft

Duplex

Built in 1920

-- sqft lot

$303,600 Zestimate^®

$131/sqft

$1,582 Estimated rent

Home value

$303,600

$270,000 - $340,000

$1,582/mo

Zestimate^® history

Owner options

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$1,582/mo

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$1,582/mo

Rent Zestimate^®

Refinance and save

$1,784/mo

Est. payment

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$1,784/mo

Est. payment

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What's special

Central airUpdated water heaterBasement for additional storageNewer furnaceElectrical panelWelcoming front porch

Calling all savvy investors!! Here is a rare opportunity to own a multi-family property in the heart of Middletown. This duplex at 133 & 135 E Lake St. offers one two bedroom and one bathroom unit and one 3 bedroom 1 bathroom unit, each with its own basement for additional storage or potential use. The property features central air, a newer furnace, electrical panel and an updated water heater. It is currently tenant-occupied, allowing for immediate rental income. Outside, there is a welcoming front porch and plenty of parking for tenants and guests. Whether you’re looking to expand your investment portfolio or secure a property with built-in income, this is a great opportunity. Schedule your showing today.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Basement

Area: 1496

Heating

Forced Air, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 3,746
Total interior livable area: 2,250 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Patio & porch: Porch
Pool features: None

Lot

Size: 6,970 Square Feet
Features: Front Yard, Level, Rear Yard, SideYard(s)

Details

Additional structures: Above Grade, Below Grade
Parcel number: 23006.00053
Zoning: 23R-2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Cape Cod
Property subtype: Duplex

Materials

Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Middletown

Financial & listing details

Price per square foot: $131/sqft
Tax assessed value: $24,800
Annual tax amount: $733
Date on market: 2/7/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership: Fee Simple

Price history

Date	Event	Price
3/25/2025	Sold	$295,000-6.3%$131/sqft
Source: Bright MLS #DENC2075630 Report a problem
2/17/2025	Pending sale	$314,900$140/sqft
Source: Bright MLS #DENC2075630 Report a problem
2/7/2025	Listed for sale	$314,900$140/sqft
Source: Bright MLS #DENC2075630 Report a problem