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$234,500
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Property Description
Opportunities like this one don't come knocking often! Incredible investment opportunity. This building has three total units. Perhaps you'd like to live in one and rent out the other two! You could just rent out all three! The units consist of an efficiency one bedroom and standard one bedroom on the first floor and the third apartment is a three bedroom on the second floor. Most recently these rented for $1050, $1110, and $1700 respectively. That's $3860 a month for a $250,000 investment! Brand new siding just installed. Current owner is working on filling with new tenants, but they are currently vacant. All metered separately. Huge parking lot behind the building for parking. Close to new family court, Del State facilities (formerly Wesley College), and lots of local conveniences. Schedule your showing today! Being sold as is, inspections are for informational purposes only.
Full Property Details
Full Property Details for 40 S Governors Ave
General
- Price: $234,500
- Taxes: $1,100 (2022)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: DEKT2043248
- Updated: 3/6/2026
- Added to Site: 77 day(s) ago
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Type: Driveway
Location
- Area: Capital (30802)
- County: KENT
- Subdivision: DOVER
- Building Name: NONE AVAILABLE
- Cross Streets: Division St
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: Capital
- High School: Dover
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Pitched
- Square Feet: 1,912
- Sq. Ft. Source: Estimated
- Living Area: 1,912 Sq. Ft.
- Finished Above Grnd: 1,912 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147
- Lot Size Source: Estimated
- Lot Dimensions: 0.10 x 0.00
- Zoning: RG1
- Lot Description: Level, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $122.65
- Assessment Year: 2022
- School Tax: $611
- City/TownTax: $417
- City/TownTax Freq: Annually
- County Tax: $72
- County Tax Freq: Annually
- Tax w/Assessment: $24,000
- Tax Amount: $1,100
- Tax Year: 2022
- Tax Total Finished Sq. Ft.: 1704
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 3500-000
Listed by Tri-County Realty, Patricia R Hawryluk
Get Pre-Approved Today
Schools
Schools serving 40 S Governors Ave
School District:Capital School District
| Name | Grades | Distance |
|---|---|---|
Booker T. Washington Elementary School 901 Forest Street, Dover, DE 19904 | K-4 | 0.6 mi |
Central Middle School, Dover, DE 211 Delaware Avenue, Dover, DE 19901 | 7-8 | 0.4 mi |
Dover High School One Dover High Drive, Dover, DE 19904 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 S Governors Ave
Date
Details
Price
Change
Source
2/27/2026
Price Reduced
$234,500
-2.25%
MLS
1/11/2026
Price Reduced
$239,900
-4.04%
MLS
12/20/2025
Listed
$250,000
203.03%
MLS
3/31/2017
Sold
$82,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 S Governors Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$706
—
$188,100
684%
2023
$706
3%
$24,000
—
2022
$683
4%
$24,000
—
2021
$658
4%
$24,000
—
2020
$635
6%
$24,000
—
2019
$601
12%
$24,000
—
2017
$539
-1%
$24,000
—
2016
$543
—
$24,100
—
2015
$543
—
$24,100
—
2014
$544
-1%
$24,100
—
2013
$551
—
$24,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 S Governors Ave
40 S Governors Avenue, Dover, DE 19904 (MLS# DEKT2043248) is a Single Family property with 0 bedrooms and 0 full bathrooms. 40 S Governors Avenue is currently listed for $234,500 and was received on December 20, 2025. Want to learn more about 40 S Governors Avenue? Do you have questions about finding other Single Family real estate for sale in Dover? You can browse all Dover real estate or contact a Coldwell Banker agent to request more information.

