Fantastic income-producing opportunity! This well-maintained triplex is fully rented and offers a strong rental history. The property features three units—one with 2 bedrooms and 1 full bath, and two additional units each offering 1 bedroom and 1 bath. Tenants enjoy off-street parking for up to 4 vehicles and a convenient storage shed in the rear yard. Recent updates include new appliances and replaced systems such as the boiler, hot water heater, sump, and heat pumps, providing peace of mind and reduced maintenance costs. Ideally located close to downtown and within a short distance of local schools, this is an excellent turnkey investment property! Mortgage savings may be available for buyers of this listing.
For sale
Price cut: $17.9K (6/1)
$322,000
803 E State St, Delmar, DE 19940
4beds
3baths
2,560sqft
Triplex
Built in 1940
-- sqft lot
$-- Zestimate®
$126/sqft
$-- HOA
What's special
New appliancesReplaced systemsOff-street parking
- 252 days |
- 465 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Kelley Johnson 302-278-9632,
Redfin Corporation (215) 631-3154
Source: Bright MLS,MLS#: DESU2099328
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,560
- Total interior livable area: 2,560 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 10,019 Square Feet
- Dimensions: 59.00 x 172.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 53220.15114.00
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Triplex
Materials
- Shingle Siding
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Delmar
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $227,800
- Annual tax amount: $844
- Date on market: 10/24/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 32400
- Income includes: Apartment Rentals
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $322,000-5.3%$126/sqft |
Source:  Bright MLS #DESU2099328 Report a problem | ||
| 4/7/2026 | Price change | $339,900-2.9%$133/sqft |
Source: Bright MLS #DESU2099328 Report a problem | ||
| 10/24/2025 | Listed for sale | $349,900+191.6%$137/sqft |
Source: Bright MLS #DESU2099328 Report a problem | ||
| 12/6/2013 | Sold | $120,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $844 +106.7% | $113,900 +1306.2% |
| 2024 | $408 +1.4% | $8,100 |
| 2023 | $403 +3% | $8,100 |
| 2022 | $391 -6.1% | $8,100 |
| 2021 | $416 +4% | $8,100 |
| 2020 | $400 | $8,100 |
| 2019 | $400 +0.7% | $8,100 |
| 2018 | $398 -0.5% | $8,100 |
| 2017 | $400 +0.3% | $8,100 |
| 2016 | $399 -4.2% | $8,100 |
| 2015 | $416 +18% | $8,100 |
| 2014 | $353 -3.5% | $8,100 |
| 2013 | $366 +1.5% | $8,100 |
| 2012 | $360 +16.1% | $8,100 |
| 2011 | $310 | $8,100 |
| 2010 | $310 -0.5% | $8,100 |
| 2009 | $312 | $8,100 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 19940
Nearby schools
GreatSchools rating
- 4/10Delmar Middle SchoolGrades: PK,5-8Distance: 0.1 mi
- 5/10Delmar High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- District: Delmar
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
- Sussex County
- Delmar
- 19940
- 803 E State St
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