Turnkey Duplex Investment Opportunity in Leipsic, Delaware! Add this income-producing duplex to your investment portfolio. Situated in the charming waterfront community of Leipsic, this well-maintained property features two 2-bedroom, 1-bathroom units totaling approximately 1,742 square feet. Unit A offers approximately 800 square feet, a private driveway, and is currently leased for $1,225 per month through January 2027. Unit B also offers approximately 800 square feet and is leased for $1,225 per month through March 2027. The property benefits from separate utilities for each unit, helping minimize owner expenses. Additional features include well water, newer windows in both units, a 3-year-old propane furnace serving Unit A, and recently updated flooring, paint, and appliances. With established rental income, a strong tenant history, and several capital improvements, this duplex presents an excellent opportunity for seasoned investors, those looking to expand their rental portfolio or even owner-occupants. Conveniently located near Dover and the AFB, Route 1, local employers, and Delaware's coastal attractions. Don't miss your chance to own a solid income-producing property in a growing Delaware market.
For sale
$299,000
394 Denny St, Leipsic, DE 19901
4beds
2baths
1,742sqft
Duplex
Built in 1940
-- sqft lot
$294,700 Zestimate®
$172/sqft
$-- HOA
What's special
Recently updated flooringPrivate driveway
- 69 days
- 689
- 34
Zillow last checked:
Listing updated:
Listed by:
Rick Brown 302-584-1732,
Crown Homes Real Estate (302) 504-6147,
Listing Team: Team Legacy Unified, Co-Listing Team: Team Legacy Unified,Co-Listing Agent: Brendan Alexander Brown 267-895-6633,
Crown Homes Real Estate
Source: Bright MLS,MLS#: DEKT2048316
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Basement
- Area: 0
Heating
- Baseboard, Forced Air, Propane, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Dry Wall
- Flooring: Luxury Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,742
- Total interior livable area: 1,742 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, On Street
- Uncovered spaces: 3
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,920 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 41303914012701000
- Zoning: NA
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Duplex
Materials
- Vinyl Siding, Aluminum Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Very Good
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: No Septic System
- Water: Well
Community & HOA
Location
- Region: Leipsic
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $170,900
- Annual tax amount: $1,013
- Date on market: 6/27/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 29400
Estimated market value
$294,700
$280,000 - $309,000
$1,374/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Listed for sale | $299,000+754.3%$172/sqft |
Source: | ||
| 2/7/2012 | Sold | $35,000-30%$20/sqft |
Source: Public Record Report a problem | ||
| 3/9/2011 | Sold | $50,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,013 +3.5% | $170,900 |
| 2024 | $979 +201.7% | $170,900 +1467.9% |
| 2023 | $324 +3.4% | $10,900 |
| 2022 | $314 +3.8% | $10,900 |
| 2021 | $302 +3.5% | $10,900 |
| 2020 | $292 +5.7% | $10,900 |
| 2019 | $276 +9.4% | $10,900 |
| 2018 | $253 | $10,900 |
| 2017 | $253 +1.3% | $10,900 |
| 2016 | $249 +0.1% | $10,900 |
| 2015 | $249 -0.2% | $10,900 |
| 2014 | $250 | $10,900 |
| 2012 | -- | $10,900 |
| 2011 | -- | $10,900 |
| 2010 | -- | $10,900 -0.9% |
| 2009 | -- | $11,000 |
| 2008 | -- | $11,000 |
| 2007 | -- | $11,000 |
| 2005 | -- | $11,000 |
| 2004 | -- | $11,000 |
| 2002 | -- | $11,000 |
| 2001 | -- | $11,000 |
| 2000 | $143 | $11,000 |
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: 19901
Nearby schools
Schools provided by the listing agent
- District: Capital
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




