More Photos Coming Soon. 3 Unit Property in Dover, excellent opportunity for positive cash flow. 1 unit renovated in 2025, cosmetic updates to second unit 2025, 3rd unit is occupied and could use some updates when and if the long term tenant ever moves. Utilities other than water / sewer are separately metered. Excellent rental history. Newer / new furnaces and heating, newer / new hot water heaters. Off street parking available behind the property (curb cut and stone access exists). Excellent opportunity for an investor to realize significant positive cash flow with little effort.
Sold for $310,000
$310,000
56 S Governors Ave, Dover, DE 19904
3beds
--baths
1,820sqft
Triplex
Built in 1910
-- sqft lot
$316,600 Zestimate®
$170/sqft
$1,768 Estimated rent
Home value
$316,600
$294,000 - $339,000
$1,768/mo
Zestimate® history
Owner options
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$1,768/mo
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$1,768/mo
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$1,804/mo
Est. payment
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$1,804/mo
Est. payment
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New hot water heatersCosmetic updatesNew furnaces and heatingOff street parking
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:
Michael Davis
Phoenix Real Estate
Owen Davis, RS0040076
Phoenix Real Estate
Source: Bright MLS,MLS#: DEKT2040220
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Baseboard, Natural Gas, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater, Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,820
- Total interior livable area: 1,820 sqft
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,877 Square Feet
- Dimensions: 33.00 x 117.75
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: ED0507705034200000
- Zoning: RG1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Triplex
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1910
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Dover
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $208,600
- Annual tax amount: $1,194
- Date on market: 9/5/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Sold | $310,000-1.6%$170/sqft |
Source:  Bright MLS #DEKT2040220 Report a problem | ||
| 9/15/2025 | Contingent | $315,000$173/sqft |
Source: Bright MLS #DEKT2040220 Report a problem | ||
| 9/5/2025 | Listed for sale | $315,000+31.3%$173/sqft |
Source: Bright MLS #DEKT2040220 Report a problem | ||
| 4/6/2022 | Sold | $240,000$132/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,226 +3.5% | $208,600 |
| 2024 | $1,184 +54.7% | $208,600 +702.3% |
| 2023 | $765 +3.4% | $26,000 |
| 2022 | $740 +3.8% | $26,000 |
| 2021 | $713 +3.5% | $26,000 |
| 2020 | $688 +5.8% | $26,000 |
| 2019 | $651 +9.5% | $26,000 |
| 2018 | $594 | $26,000 |
| 2017 | $594 +1.3% | $26,000 |
| 2016 | $586 | $26,000 |
| 2015 | -- | $26,000 |
| 2014 | -- | $26,000 |
| 2012 | -- | $26,000 |
| 2011 | -- | $26,000 |
| 2010 | -- | $26,000 |
| 2009 | -- | $26,000 |
| 2008 | -- | $26,000 |
| 2007 | -- | $26,000 |
| 2005 | -- | $26,000 |
| 2004 | -- | $26,000 |
| 2002 | -- | $26,000 |
| 2001 | -- | $26,000 |
| 2000 | $327 | $26,000 |
Find assessor info on the county website
Neighborhood: 19904
Nearby homes
- $--1 bd1 ba600 sqft56 S Governors Ave APT B, Dover, DE 19904Off Market
- $--1 bd1 ba600 sqft56 S Governors Ave APT C, Dover, DE 19904Off Market
- $152,6002 bd1 ba875 sqft56 S Governors Ave APT A, Dover, DE 19904Off Market
- $210,0003 bd3 ba1.7k sqft54 S Governors Ave, Dover, DE 19904Sold
- $202,5003 bd2 ba2k sqft50 S Governors Ave, Dover, DE 19904Off Market
- $--2 bd1 ba-- sqft215 E Reed St FLOOR 2, Dover, DE 19904Off Market
- $181,4001 bd1 ba1.5k sqft215 W Reed St, Dover, DE 19904Off Market
- $700,00014 bd-- ba3k sqft102 S Governors Ave, Dover, DE 19904Sold
Nearby schools
GreatSchools rating
- 6/10Booker T. Washington Elementary SchoolGrades: K-4Distance: 0.6 mi
- NACentral Middle SchoolGrades: 7-8Distance: 0.4 mi
- NADover High SchoolGrades: 9-12Distance: 2.5 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.
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Estimated market value
$316,600
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
$316,600
- Delaware
- Kent County
- Dover
- 19904
- 56 S Governors Ave
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