MLS: #DEKT2048946, Listed By: Steven Schmidt, RE/MAX Horizons, Source:Bright MLS
12 & 14 S Governors Avenue
DOVER, DE 19901
4
Bed
0
Bath
2,576Sqft
0.13Acre(Lot)
Don't miss this excellent investment opportunity! This fully renovated duplex features two 2-bedroom, 1-bath units and is being sold completely vacant, giving the new owner the flexibility to set market rents or occupy one unit while renting the other. Previous tenants paid $1,600 per month per unit, generating $38,400 in annual gross rental income. Live in one unit and let the rental income from the other help offset your mortgage, or lease both units for strong cash flow. Recent renovations are nearing completion, making this a true turnkey investment with limited maintenance. Tenants pay their own utilities, keeping owner expenses low with primarily taxes, insurance, and routine maintenance. Whether you're an investor looking to add to your portfolio or a buyer searching for an owner-oc
Property Details
Map
Map
Features
-
Bedroom Information
Total beds: 4Room Information
Has Basement: Yes Basement: Partial, Unfinished -
Flooring Information
Carpet, Vinyl -
Roofing Information
Flat -
Interior Features
Ceiling Fan(s) Roof: Flat Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s), None, Electric
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Building Information
Year Built: 1903 Building Area Total: 2576 Construction Materials: Vinyl Siding Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.13 Lot Size Source: Estimated Lot Size Square Feet: 5662Property Information
Subdivision: NONE AVAILABLE Source Property Type: Residential Income Property SubType: Duplex Property Age: 123
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Listing Price Information
Listing Price: $219900
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Tax Information
Parcel Number: 20507705032600000 Tax Year: 2026 Annual Tax: $1736
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Parking Information
On Street
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Location Information
Direction: Travel north on Route 13 and turn left onto E. Division Street. Continue to S. Governors Avenue and turn left. The property will be on the right-hand side. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 748 S State Street, Dover, DE, 19901 | $329,000 | 3 | -- | 1,200 | 1,200 SqFt |
| 26 S State Street, Dover, DE, 19901 | $1,200,000 | 9 | -- | 7,030 | 7,030 SqFt |
| 12 S State Street, Dover, DE, 19901 | $470,000 | 4 | -- | 3,220 | 3,220 SqFt |
Similar Multifamily To 12 & 14 S Governors Avenue
Nearby For Sale
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ByOwner last updated this listing 08/16/2026 @ 18:48
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