About this home

Turnkey Duplex Investment Opportunity in Leipsic, Delaware! *** Unit A is available for a new owner to occupy *** 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 of living space with a private driveway and was leased for $1,225 per month. Unit B also offers approximately 800 square feet of living space and is currently leased on a month to month agreement for $1,225 per month. 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 with a stable rental history.

Facts and features

Schools

• Towne Point Elementary School

  elementary · K-4 · 4.3 mi

  5

• Central Middle School

  middle · 7-8 · 5.3 mi

• Dover High School

  high · 9-12 · 6.5 mi

• Kingdom Christian Academy

  elementary · PK-6 · 3.5 mi

• William Henry Middle School

  elementary · 5 · 5.6 mi

  1

• Early College High School at Delaware State University

  middle · 7-12 · 3.6 mi

  3

Price history

• Nov 4, 2026 · Price Changed$249,900
• Oct 12, 2026 · Price Changed$254,900
• Sep 12, 2026 · Price Changed$269,900
• Jun 25, 2026 · Listed$299,000
• Feb 4, 2012 · Listing Removed$70,000
• Dec 1, 2009 · Listed$70,000
• Feb 27, 2004 · Sold$135,000
• Aug 27, 2003 · Listed$135,000

Tax history

• 2026$1,071 tax · $170,900 assessed
• 2025$1,520 tax · $170,900 assessed
• 2023$324 tax · $10,900 assessed
• 2022$313 tax · $10,900 assessed
• 2021$302 tax · $10,900 assessed
• 2020$292 tax · $10,900 assessed
• 2019$276 tax · $10,900 assessed
• 2018$252 tax · $10,900 assessed

Home value

$267,000

• Collateral Analytics$267,000
• Cotality$263,500
• Quantarium$293,367

Where it is