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
- 15 hours |
- 81 |
- 2 |
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
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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: | ||
| 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 | -- | $44,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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.
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.
- Delaware
- New Castle County
- Newark
- 19711
- 240 W Main St





