GREAT INVESTMENT OPPORTUNITY: Income producing duplex in the heart of Georgetown. 307A (downstairs) has 3BR/1BA and 307B (upstairs) has 2BR/1.5BA. Total rent for both units is currently $1750/month and tenants pay all utilities. Convenient location with extremely low vacancy rate and high capitalization rate. Adjacent duplex also available. Backs up to public park and across the street from Georgetown Little League fields. Multiple offer situation. All offers due by Sunday 11/3 at 12pm.
Sold for $299,900
$299,900
307 E Market St, Georgetown, DE 19947
5beds
--baths
1,864sqft
Duplex
Built in 2012
-- sqft lot
$354,900 Zestimate®
$161/sqft
$1,853 Estimated rent
Home value
$354,900
$327,000 - $383,000
$1,853/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
JOHN RISHKO 302-381-2504,
Patterson-Schwartz-Rehoboth
Bought with:
Nancye Vermillion, RS-5008918
Keller Williams Realty
Source: Bright MLS,MLS#: DESU2073006
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,864
- Total interior livable area: 1,864 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Off Street
- Uncovered spaces: 6
Accessibility
- Accessibility features: None
Features
- Patio & porch: Deck
- Exterior features: Sidewalks, Street Lights
- Pool features: None
Lot
- Size: 4,356 sqft
- Dimensions: 63 x 73
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 13515.1738.00
- Zoning: UB2 TOWN
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Duplex
Materials
- Stick Built
- Foundation: Block
Condition
- New construction: No
- Year built: 2012
- Major remodel year: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Georgetown
- Subdivision: None Available
HOA & financial
Other financial information
- Total actual rent: 21000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2024 | Sold | $299,900$161/sqft |
Source:  Bright MLS #DESU2073006 Report a problem | ||
| 11/4/2024 | Pending sale | $299,900$161/sqft |
Source: Bright MLS #DESU2073006 Report a problem | ||
| 10/28/2024 | Listed for sale | $299,900+53.8%$161/sqft |
Source: Bright MLS #DESU2073086 Report a problem | ||
| 7/3/2012 | Sold | $195,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $752 +28% | $175,950 +1139.1% |
| 2024 | $587 +0.1% | $14,200 |
| 2023 | $587 +1.6% | $14,200 |
| 2022 | $577 +3.1% | $14,200 |
| 2021 | $560 +4.8% | $14,200 |
| 2020 | $534 | $14,200 |
| 2019 | $534 +0.4% | $14,200 |
| 2018 | $532 -1% | $14,200 |
| 2017 | $537 +12.5% | $14,200 |
| 2016 | $477 -3% | $14,200 |
| 2015 | $492 +1.5% | $14,200 |
| 2014 | $484 -1.1% | $14,200 |
| 2013 | $490 +4% | $14,200 |
| 2012 | $471 +6.3% | $14,200 |
| 2011 | $443 +18.8% | $14,200 +25.1% |
| 2010 | $372 +0.4% | $11,350 |
| 2009 | $371 | $11,350 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 19947
Nearby schools
GreatSchools rating
- 6/10Georgetown Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10Georgetown Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Sussex Central High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- District: Indian River
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Delaware
- Sussex County
- Georgetown
- 19947
- 307 E Market St
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