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$242,000

  • Sold
  • Closed
  • Duplex
  • 2,576 Sq. Ft.
See This Home
Save This Home
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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-occupied investment property, this duplex offers outstanding flexibility and income potential.

Full Property Details for 12 & 14 S Governors Ave

General

  • Sold For: $242,000
  • Taxes: $1,736 (2026)
  • Status: Closed
  • Type: Duplex
  • Source: BrightMLSPhilly
  • MLS ID: DEKT2048946
  • Added to Site: 61 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)
  • Flooring: Luxury Vinyl Plank, Carpet

Exterior

  • Exterior Features: Sidewalks, Street Lights

Parking

  • Parking Type: On Street

Location

  • Area: Capital (30802)
  • County: KENT
  • Building Name: NONE
  • Cross Streets: Division
  • Driving Directions: 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.
  • City Limits: Yes

School Information

  • School District: Capital

Heating & Cooling

  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Other
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Partial, Unfinished
  • Foundation: Brick/Mortar
  • Roof: Flat
  • Stories/Levels: 2
  • Square Feet: 2,576
  • Sq. Ft. Source: Estimated
  • Living Area: 2,576 Sq. Ft.
  • Finished Above Grnd: 2,576 Sq. Ft.
  • Year Built: 1903
  • Year Built Source: Estimated
  • Property Condition: Good

Unit Information

  • Other Units: Unit 1, Unit 2

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,662
  • Lot Size Source: Estimated
  • Zoning: RES

Financial Considerations

  • Price Per Sq. Ft.: $85.36
  • Assessment Year: 2025
  • School Tax: $879
  • City/TownTax: $763
  • City/TownTax Freq: Annually
  • County Tax: $94
  • County Tax Freq: Annually
  • Tax w/Assessment: $165,800
  • Tax Amount: $1,736
  • Tax Year: 2026
  • Terms: Standard Sale
  • Owner Pays: Taxes - Real Estate, Insurance, Lawn/Shrub Care

Disclosures and Reports

  • Ownership: Fee Simple

Listed by RE/MAX Horizons, Steven B. Schmidt and RE/MAX Horizons, Barbara T Schmidt
Sold by RE/MAX Horizons, Steven B. Schmidt

Listing agents

— 12 & 14 S Governors Ave —

  • Steven B. Schmidt

    RE/MAX Horizons

  • Barbara T Schmidt

    RE/MAX Horizons

Listing Office Email: steve@delawarerealestate.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12 & 14 S Governors Ave

School District:Capital School District
NameGradesDistance
Booker T. Washington Elementary School
901 Forest Street, Dover, DE 19904
K-40.6 mi
Central Middle School, Dover, DE
211 Delaware Avenue, Dover, DE 19901
7-80.4 mi
Dover High School
One Dover High Drive, Dover, DE 19904
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12 & 14 S Governors Ave

Date
Details
Price
Change
Source
9/18/2026
Sold
$242,000
10.05%
MLS
8/11/2026
Listed
$219,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Horizons, Steven B. Schmidt and RE/MAX Horizons, Barbara T Schmidt
Sold by RE/MAX Horizons, Steven B. Schmidt

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12 & 14 S Governors Avenue, Dover, DE 19901 (MLS# DEKT2048946) is a Duplex property that was sold at $242,000 on September 18, 2026. Want to learn more about 12 & 14 S Governors Avenue? Do you have questions about finding other Duplex real estate for sale in Dover? You can browse all Dover real estate or contact a Coldwell Banker agent to request more information.