Rare Investment Opportunity in the Heart of Historic Lewes! Opportunities like this do not come around often. Nestled on a quiet street in the highly coveted Historic District of Lewes, this 3-unit property offers the perfect blend of historic charm and investment potential. Whether you are looking for a lucrative addition to your portfolio, a multi-generational family compound, or a "live in one unit, rent the other two" house-hacking strategy, this home delivers. Unit1 features 3 bedrooms, 2 baths, kitchen, formal dining room, living room and large roof top deck. Unit 2 features a first floor entrance, an open living and dining room, a kitchen, a large bedroom, and a full bath. The 3rd unit offers an eat-in kitchen, bright living room, bedroom, full bath, and garage access. The full basement offers plenty of storage space. Don't miss this unbeatable location, just steps away from Second Street’s award-winning dining, boutique shopping, and the Lewes Farmers Market and a short bike ride to Lewes Beach and Cape Henlopen State Park. Call today!
For sale
$1,399,900
338 Market St, Lewes, DE 19958
5beds
2,792sqft
Single Family Residence
Built in 1893
6,534 Square Feet Lot
$1,326,100 Zestimate®
$501/sqft
$-- HOA
What's special
Garage accessLarge bedroomQuiet streetFormal dining roomLarge roof top deckEat-in kitchenFirst floor entrance
- 38 days |
- 715 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Lee Ann Wilkinson 302-645-6664,
Berkshire Hathaway HomeServices PenFed Realty 3026456661,
Listing Team: The Lee Ann Wilkinson Group
Source: Bright MLS,MLS#: DESU2110162
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2, Full Bath
Bedroom 1
- Features: Flooring - HardWood
- Level: Upper
Bedroom 2
- Features: Flooring - HardWood
- Level: Upper
Bedroom 3
- Features: Flooring - HardWood
- Level: Upper
Bedroom 4
- Level: Main
Bedroom 5
- Features: Flooring - HardWood
- Level: Main
Bathroom 1
- Level: Upper
Bathroom 2
- Level: Upper
Dining room
- Features: Formal Dining Room, Flooring - HardWood
- Level: Upper
Other
- Level: Main
Other
- Level: Main
Kitchen
- Features: Kitchen - Electric Cooking, Pantry, Flooring - Vinyl
- Level: Upper
Kitchen
- Features: Eat-in Kitchen, Kitchen - Electric Cooking
- Level: Main
Kitchen
- Features: Kitchen - Electric Cooking, Flooring - Vinyl
- Level: Main
Living room
- Features: Flooring - HardWood
- Level: Upper
Living room
- Features: Flooring - HardWood
- Level: Main
Living room
- Features: Flooring - HardWood
- Level: Main
Heating
- Radiator, Oil
Cooling
- Window Unit(s), Zoned, Electric
Appliances
- Included: Microwave, Oven/Range - Electric, Refrigerator, Water Heater, Extra Refrigerator/Freezer
Features
- Additional Stairway, 2nd Kitchen, Bathroom - Stall Shower, Soaking Tub, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Eat-in Kitchen, Pantry
- Flooring: Hardwood, Carpet, Vinyl
- Doors: Storm Door(s)
- Windows: Storm Window(s), Screens, Window Treatments
- Basement: Full,Unfinished,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,792
- Total interior livable area: 2,792 sqft
- Finished area above ground: 2,792
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage Faces Side, Garage Door Opener, Driveway, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Roof, Deck, Wrap Around, Porch
- Pool features: None
- Fencing: Partial
- Has view: Yes
- View description: Garden
Lot
- Size: 6,534 Square Feet
- Dimensions: 50.00 x 132.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33508.07225.00
- Zoning: TN
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Block
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1893
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Lewes
Financial & listing details
- Price per square foot: $501/sqft
- Tax assessed value: $1,197,000
- Annual tax amount: $3,379
- Date on market: 6/5/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
$1,326,100
$1.26M - $1.39M
$2,575/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $1,399,900$501/sqft |
Source:  Bright MLS #DESU2110162 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,528 +167.1% | $598,500 +3017.2% |
| 2024 | $946 +0.1% | $19,200 |
| 2023 | $946 +3.6% | $19,200 |
| 2022 | $913 +0.9% | $19,200 |
| 2021 | $904 +0.3% | $19,200 |
| 2020 | $901 | $19,200 |
| 2019 | $901 -0.1% | $19,200 |
| 2018 | $903 +11.8% | $19,200 |
| 2017 | $807 +5.3% | $19,200 |
| 2016 | $767 +4.7% | $19,200 |
| 2015 | $733 +0.7% | $19,200 |
| 2014 | $727 +2.9% | $19,200 |
| 2013 | $707 +0.4% | $19,200 |
| 2012 | $704 +11.9% | $19,200 |
| 2011 | $629 | $19,200 |
| 2010 | $629 -3% | $19,200 |
| 2009 | $649 | $19,200 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 19958
Nearby schools
GreatSchools rating
- 9/10Shields (Richard A.) Elementary SchoolGrades: K-5Distance: 0.4 mi
- NAFrederick D Thomas Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Cape Henlopen
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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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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- Delaware
- Sussex County
- Lewes
- 19958
- 338 Market St
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