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$225,000
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Property Description
ðŸ Income-Producing Duplex in Prime Location - Turnkey Investment Opportunity! Welcome to this charming and fully rented duplex located in Frederica just off Rt. 1, ideal for investors or those looking to house-hack! This well-maintained property features two spacious units, each offering 2 bedrooms and 1 bathroom, with separate entrances and utilities for ultimate tenant privacy and convenience. Highlights include: Total of 4 bedrooms, 2 bathrooms across both units Current gross monthly income: $1300.00 (Unit 1 is occupied/Unit 2 last rented for $1400) Updated kitchen and flooring, Unit 1 Shared backyard and off-street parking Washer/dryer hookups in both units Potential for increased rents based on market rates Located just minutes from downtown Milford, shopping, hospitals, and top-rated schools, this property is a solid addition to any real estate portfolio. Whether you're an experienced investor or a first-time buyer looking to live in one unit while renting the other, this duplex delivers strong cash flow and low vacancy risk. Don't miss out on this turnkey opportunity to generate passive income from day one! 📞 Schedule a private showing today!
Full Property Details
Full Property Details for 27 W David St
General
- Price: $225,000
- Taxes: $1,007 (2024)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: DEKT2036060
- Updated: 12/31/2025
- Added to Site: 267 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main & Up: 4
Parking
- Parking Type: On Street
Location
- Area: Lake Forest (30804)
- County: KENT
- Subdivision: DOUBLE RUN HUNT CL
- Building Name: NONE
- Driving Directions: Cross st is W Front St
- City Limits: Yes
School Information
- School District: Lake Forest
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: Colonial
- Structure Type: Detached
- Construction: Frame
- Foundation: Crawl Space
- Stories Description: Main
- Square Feet: 3,026
- Sq. Ft. Source: Assessor
- Living Area: 3,026 Sq. Ft.
- Finished Above Grnd: 3,026 Sq. Ft.
- Year Built: 1930
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,837
- Lot Size Source: Assessor
- Lot Dimensions: 65.00 x 90.00
- Zoning: NA
Financial Considerations
- Price Per Sq. Ft.: $74.36
- Assessment Year: 2024
- School Tax: $757
- City/TownTax: $3,510
- City/TownTax Freq: Annually
- County Tax: $160
- County Tax Freq: Annually
- Tax w/Assessment: $280,800
- Tax Amount: $1,007
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 3026
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 2600-000
Listed by RE/MAX Eagle Realty, Stephanie S Lehane
Get Pre-Approved Today
Schools
Schools serving 27 W David St
School District:Lake Forest School District
| Name | Grades | Distance |
|---|---|---|
Lake Forest East Elementary School 124 Front Street, Frederica, DE 19946 | K-4 | 0.3 mi |
Lake Forest Central Elementary School 5424 Killens Pond Road, Felton, DE 19943 | 4-5 | 4.7 mi |
Chipman (W.T.) Middle School 101 West Center Street, Harrington, DE 19952 | 6-8 | 8.3 mi |
Lake Forest High School 5407 Killens Pond Road, Felton, DE 19943 | 8-12 | 4.8 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 27 W David St
Date
Details
Price
Change
Source
8/29/2025
Price Reduced
$225,000
-8.16%
MLS
7/03/2025
Price Reduced
$245,000
-5.77%
MLS
4/24/2025
Listed
$260,000
862.96%
MLS
4/30/2018
Sold
$27,000
—
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 27 W David St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$635
—
$280,800
940%
2023
$635
12%
$27,000
—
2022
$568
10%
$27,000
—
2021
$518
-54%
$27,000
—
2020
$1,121
100%
$27,000
—
2019
$561
-3%
$27,000
—
2017
$577
9%
$27,000
—
2016
$528
2%
$27,000
—
2015
$520
2%
$27,000
—
2014
$512
6%
$27,000
—
2013
$482
—
$27,000
—
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 27 W David St
27 W David Street, Frederica, DE 19946 (MLS# DEKT2036060) is a Single Family property with 4 bedrooms and 2 full bathrooms. 27 W David Street is currently listed for $225,000 and was received on April 24, 2025. Want to learn more about 27 W David Street? Do you have questions about finding other Single Family real estate for sale in Frederica? You can browse all Frederica real estate or contact a Coldwell Banker agent to request more information.

