Turnkey Investment Opportunity – Fully Renovated 3-Unit Apartment Building Discover an exceptional investment opportunity in the heart of a charming small town – a fully renovated, income-generating 3-unit apartment building that combines modern luxury with small-town appeal. This property has been meticulously updated from top to bottom, including all-new electrical, HVAC, and plumbing systems, ensuring long-term peace of mind and reduced maintenance costs for years to come. Each of the three spacious units features brand-new luxury vinyl plank flooring, adding durability and style throughout. The high-end kitchens are outfitted with sleek granite countertops, new cabinetry, and modern appliances, offering both functionality and a touch of elegance. Bathrooms have been fully updated, reflecting contemporary finishes and thoughtful design. With all units currently fully leased, this property offers immediate cash flow in a sought-after, quaint small-town setting known for its friendly community and strong rental demand. Whether you're a seasoned investor or just starting your portfolio, this turnkey property checks every box – modern systems, designer finishes, and solid income. Don’t miss this rare opportunity!
Sold for $410,000
$410,000
319 Washington St, Delaware City, DE 19706
4beds
--baths
2,016sqft
Triplex
Built in 1910
-- sqft lot
$417,900 Zestimate®
$203/sqft
$1,973 Estimated rent
Home value
$417,900
$380,000 - $460,000
$1,973/mo
Zestimate® history
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$1,966/mo
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$1,966/mo
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Zillow last checked:
Listing updated:
Listed by:
Michael Davis 302-300-2300,
Phoenix Real Estate,
Co-Listing Agent: Owen Xaiver Prescott Davis 302-388-2499,
Phoenix Real Estate
Bought with:
Kerri Molnar, RS314183
Keller Williams Realty Wilmington
Source: Bright MLS,MLS#: DENC2088762
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 740
Heating
- Forced Air, Electric
Cooling
- Ductless, Electric
Appliances
- Included: Electric Water Heater
Features
- Flooring: Luxury Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,756
- Total interior livable area: 2,016 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Off Street, On Street
- Uncovered spaces: 3
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 45.00 x 100.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 22008.00056
- Zoning: 22R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex
Materials
- Frame
- Foundation: Block
- Roof: Architectural Shingle
Condition
- Excellent
- New construction: No
- Year built: 1910
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Delaware City
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $36,900
- Annual tax amount: $1,477
- Date on market: 9/4/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: All Appliances And Fixtures Located At The Property.
- Exclusions: All Tenant's Personal Property Is Excluded.
- Ownership: Fee Simple
- Total actual rent: 47880
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Listing removed | $1,495+7.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2025 | Price change | $1,395-6.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2025 | Listed for rent | $1,495+7.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/24/2025 | Sold | $410,000-1.2%$203/sqft |
Source:  Bright MLS #DENC2088762 Report a problem | ||
| 9/9/2025 | Contingent | $415,000$206/sqft |
Source: Bright MLS #DENC2088762 Report a problem | ||
| 9/4/2025 | Listed for sale | $415,000+219.2%$206/sqft |
Source: Bright MLS #DENC2088762 Report a problem | ||
| 4/14/2025 | Listing removed | $1,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/2/2025 | Listed for rent | $1,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/20/2021 | Sold | $130,000-27.7%$64/sqft |
Source: Public Record Report a problem | ||
| 2/1/2021 | Pending sale | $179,900$89/sqft |
Source: Patterson-Schwartz Real Estate #DENC509604 Report a problem | ||
| 10/20/2020 | Price change | $179,900-8.9%$89/sqft |
Source: Patterson-Schwartz Real Estate #DENC509604 Report a problem | ||
| 9/21/2020 | Listed for sale | $197,500$98/sqft |
Source: Patterson-Schwartz Real Estate #DENC509604 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $377,400 +922.8% |
| 2024 | $1,134 +10.6% | $36,900 |
| 2023 | $1,025 -4.6% | $36,900 |
| 2022 | $1,075 +7.4% | $36,900 |
| 2021 | $1,000 -1% | $36,900 |
| 2020 | $1,011 -0.4% | $36,900 |
| 2019 | $1,015 +9.2% | $36,900 |
| 2017 | $930 | $36,900 |
| 2016 | -- | $36,900 |
| 2015 | -- | $36,900 |
| 2014 | -- | $36,900 |
| 2013 | -- | $36,900 |
| 2012 | -- | $36,900 |
| 2011 | -- | $36,900 |
| 2010 | -- | $36,900 |
| 2009 | -- | $36,900 |
| 2008 | -- | $36,900 |
| 2006 | -- | $36,900 |
| 2005 | -- | $36,900 |
| 2004 | -- | $36,900 |
| 2003 | -- | $36,900 |
| 2001 | -- | $36,900 |
Find assessor info on the county website
Neighborhood: 19706
Nearby homes
- $--1 bd1 ba900 sqft319 Washington St FLOOR 1, Delaware City, DE 19706Off Market
- $--1 bd1 ba800 sqft319 Washington St FLOOR 2, Delaware City, DE 19706Off Market
- $--2 bd1 ba600 sqft319 Washington St #3, Delaware City, DE 19706Off Market
- $410,0004 bd4 ba2k sqft317 Washington St, Delaware City, DE 19706Sold
- $266,9002 bd1 ba1.4k sqft310 Clinton St, Delaware City, DE 19706Off Market
- $312,7003 bd0 ba1k sqft309 Washington St, Delaware City, DE 19706Off Market
- $229,7003 bd2 ba975 sqft307 Washington St, Delaware City, DE 19706Off Market
- $156,000-- bd-- ba-- sqft304 Clinton St, Delaware City, DE 19706Off Market
Nearby schools
GreatSchools rating
- 3/10Southern Elementary SchoolGrades: K-5Distance: 1.9 mi
- 3/10Bedford (Gunning) Middle SchoolGrades: 6-8Distance: 2.1 mi
- 2/10Penn (William) High SchoolGrades: 9-12Distance: 6.5 mi
Schools provided by the listing agent
- Elementary: Southern
- Middle: Gunning Bedford
- High: William Penn
- District: Colonial
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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Estimated market value
$417,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$417,900
- Delaware
- New Castle County
- Delaware City
- 19706
- 319 Washington St
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