INVESTOR ALERT! $31,200/YR RENTAL INCOME! 4 PERSON RENTAL PERMIT. FULLY RENTED FOR UPCOMING 2026-27 SCHOOL YEAR. 4 PARKING SPOTS (2 in driveway, 2 in street). Fully rented for the past 5 years with receipts to prove. Get immediate ROI when you purchase this University of Delaware rental property. Walking distance to Main Street and all parts of campus. Walking distance to STAR campus and stadiums. Newly renovated (5 years), floors, bathroom, kitchen. New (2023) vinyl windows throughout. Want to own and earn in the City of Newark and on the UD campus, then this is the place for you. Cash cow earner! These homes DO NOT sell often due to their income earning potential and proximity. AS-IS condition, no inspections. This property is ALWAYS in demand. Cash offers and quick settlement to the front of the line. NO REAL ESTATE AGENTS!
Sold for $490,000
$490,000
232 E Park Pl, Newark, DE 19711
4beds
1,000sqft
SingleFamily
Built in 1947
7,405 Square Feet Lot
$-- Zestimate®
$490/sqft
$2,303 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,303/mo
Zestimate® history
Owner options
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$2,303/mo
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$2,303/mo
Rent Zestimate®
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$2,950/mo
Est. payment
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$2,950/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Hardwood, Laminate
- Basement: Unfinished
Interior area
- Total interior livable area: 1,000 sqft
Property
Parking
- Parking features: Off-street, On-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: City
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 1803200186
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1947
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $490/sqft
- Tax assessed value: $318,600
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Sold | $490,000-6.7%$490/sqft |
Source: Public Record Report a problem | ||
| 4/8/2026 | Pending sale | $525,000$525/sqft |
Source: Owner Report a problem | ||
| 3/31/2026 | Listed for sale | $525,000+110%$525/sqft |
Source: Owner Report a problem | ||
| 2/10/2022 | Sold | $250,000$250/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $318,600 +537.2% |
| 2024 | $1,853 +2.5% | $50,000 |
| 2023 | $1,808 +1.1% | $50,000 |
| 2022 | $1,789 +487.5% | $50,000 |
| 2021 | $304 +3.1% | $50,000 |
| 2020 | $295 +41% | $50,000 |
| 2019 | $209 -14.2% | $50,000 |
| 2017 | $244 | $50,000 |
| 2016 | -- | $50,000 |
| 2015 | -- | $50,000 |
| 2014 | -- | $50,000 |
| 2013 | -- | $50,000 |
| 2012 | -- | $50,000 |
| 2011 | -- | $50,000 |
| 2010 | -- | $50,000 |
| 2009 | -- | $50,000 |
| 2008 | -- | $50,000 |
| 2007 | -- | $50,000 |
| 2006 | -- | $50,000 |
| 2005 | -- | $50,000 |
| 2004 | -- | $50,000 |
| 2003 | -- | $50,000 |
| 2002 | -- | $50,000 |
| 2001 | -- | $50,000 |
Find assessor info on the county website
Neighborhood: 19711
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10West Park Place Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Shue-Medill Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10Newark High SchoolGrades: 9-12Distance: 0.6 mi
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- Delaware
- New Castle County
- Newark
- 19711
- 232 E Park Pl
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