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
$294,500 Zestimate®
$172/sqft
$-- HOA
What's special
Recently updated flooringPrivate driveway
- 8 days |
- 421 |
- 26 |
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
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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
$294,500
$280,000 - $309,000
$1,786/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 | $11,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 19901
Nearby schools
GreatSchools rating
- 5/10Towne Point Elementary SchoolGrades: K-4Distance: 4.3 mi
- 1/10Middle School of InnovationGrades: 6-8Distance: 4.6 mi
- NADover High SchoolGrades: 9-12Distance: 6.6 mi
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.
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
- Kent County
- Leipsic
- 19901
- 394 Denny St




