STUDENT RENTAL -Single-family home, 3 bed / 1 full bath, 1,125 SF, built 1900, 0.19 acre lot. Currently leased at $2,650/month, 100% occupied. Located in Newark's University of Delaware housing corridor. Part of an 8-property student rental portfolio; price reflects proportional portfolio allocation. Contact listing agent for offering memorandum and showing process.
For sale
$405,000
240 W Main St, Newark, DE 19711
3beds
1,125sqft
Single Family Residence
Built in 1900
8,276 Square Feet Lot
$-- Zestimate®
$360/sqft
$-- HOA
What's special
- 51 days |
- 397 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Mark Trani 302-383-5156,
Zommick McMahon Commercial Real Estate 6103591100,
Co-Listing Agent: Ryan J Mcmahon 610-299-5144,
Zommick McMahon Commercial Real Estate
Source: Bright MLS,MLS#: DENC2106324
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Other, Oil
Cooling
- Wall Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: In Basement
Features
- Flooring: Wood
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,125
- Total interior livable area: 1,125 sqft
- Finished area above ground: 1,125
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 8,276 Square Feet
- Dimensions: 38 x 170
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 18019.00009
- Zoning: 18RS
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Permanent
Condition
- Good
- 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: Newark
Financial & listing details
- Price per square foot: $360/sqft
- Tax assessed value: $285,200
- Annual tax amount: $3,218
- Date on market: 7/6/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
- Total actual rent: 31800
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $405,000+68.1%$360/sqft |
Source:  Bright MLS #DENC2106324 Report a problem | ||
| 10/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/11/2023 | Listed for rent | $2,300+21.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/9/2023 | Listed for rent | $1,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/13/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/14/2021 | Listed for rent | $1,900+6.4%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/27/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/3/2019 | Listing removed | $1,785$2/sqft |
Source: Owner Report a problem | ||
| 6/5/2019 | Listed for rent | $1,785+2%$2/sqft |
Source: Owner Report a problem | ||
| 10/15/2018 | Listing removed | $1,750$2/sqft |
Source: Owner Report a problem | ||
| 7/11/2018 | Listed for rent | $1,750+6.1%$2/sqft |
Source: Owner Report a problem | ||
| 9/20/2017 | Listing removed | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 9/7/2017 | Listed for rent | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 3/9/2017 | Listing removed | $240,900$214/sqft |
Source: RE/MAX Of Wilmington-Limestone Rd #6933763 Report a problem | ||
| 2/25/2017 | Listed for sale | $240,900+25.1%$214/sqft |
Source: RE/MAX Of Wilmington-Limestone Rd #6933763 Report a problem | ||
| 8/25/2014 | Sold | $192,500-7%$171/sqft |
Source: Public Record Report a problem | ||
| 6/26/2014 | Listed for sale | $207,000-10%$184/sqft |
Source: Patterson-Schwartz Real Estate #6413839 Report a problem | ||
| 12/28/2013 | Listing removed | $230,000$204/sqft |
Source: Patterson-Schwartz Real Estate #6295401 Report a problem | ||
| 11/12/2013 | Price change | $230,000-4.2%$204/sqft |
Source: Patterson-Schwartz Real Estate #6295401 Report a problem | ||
| 10/18/2013 | Listed for sale | $240,000$213/sqft |
Source: Patterson-Schwartz Real Estate #6295401 Report a problem | ||
| 8/3/2005 | Sold | $240,000+49.9%$213/sqft |
Source: Public Record Report a problem | ||
| 10/4/2004 | Sold | $160,100$142/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $285,200 +543.8% |
| 2024 | $1,641 +2.5% | $44,300 |
| 2023 | $1,602 +1.1% | $44,300 |
| 2022 | $1,585 +2.6% | $44,300 |
| 2021 | $1,544 +3% | $44,300 |
| 2020 | $1,500 +14.1% | $44,300 |
| 2019 | $1,315 +5.5% | $44,300 |
| 2017 | $1,246 | $44,300 |
| 2016 | -- | $44,300 |
| 2015 | -- | $44,300 |
| 2014 | $1,114 | $44,300 |
| 2013 | -- | $44,300 |
| 2012 | -- | $44,300 |
| 2011 | -- | $44,300 |
| 2010 | -- | $44,300 |
| 2009 | -- | $44,300 |
| 2008 | -- | $44,300 |
| 2007 | -- | $44,300 |
| 2006 | -- | $44,300 |
| 2005 | -- | $44,300 |
| 2004 | -- | $44,300 |
| 2003 | -- | $44,300 |
| 2002 | -- | $44,300 |
| 2001 | -- | $44,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 19711
Nearby schools
GreatSchools rating
- 7/10Downes (John R.) Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Shue-Medill Middle SchoolGrades: 6-8Distance: 3.1 mi
- 3/10Newark High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Christina
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $256,8004 bd1 ba1.5k sqft244 W Main St, Newark, DE 19711Off Market
- $250,8004 bd1 ba1.1k sqft246 W Main St, Newark, DE 19711Off Market
- $810,0006 bd5 ba3.6k sqft236 W Main St, Newark, DE 19711For Sale
- $229,2002 bd1 ba1.4k sqft248 W Main St, Newark, DE 19711Off Market
- $425,0004 bd3 ba2.5k sqft234 W Main St, Newark, DE 19711Sold
- $25,200-- bd-- ba-- sqft254 W Main St, Newark, DE 19711Off Market
- $86,700-- bd-- ba-- sqft254 W Main St, Newark, DE 19711Off Market
- $--1 bd1 ba-- sqft254 W Main St #1, Newark, DE 19711Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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