133 Madison Dr
Newark, DE 19711
- Studio
- 1,120 sqft
$187,500
Last Sold: Feb 13, 2026
6% below list $200K
$167/sqft
Est. Refi. Payment $1,138/mo*
$187,500
Last Sold: Feb 13, 2026
6% below list $200K
$167/sqft
Est. Refi. Payment $1,138/mo*
Studio
1,120 sqft
Local Information
-- mins to
Description
End-unit townhome located minutes from the University of Delaware, an area with consistently strong rental demand. This 3-bedroom property features a main level with an eat-in kitchen with island and a living room, along with a full bath on the upper level and a finished lower level with an additional full bath, kitchenette, living space, and separate storage room, offering flexibility that supports a variety of rental strategies and tenant profiles. The property has been personally managed and overseen since 2014, with routine maintenance and notable repairs completed over time consistent with long-term rental use. Improvements addressed typical plumbing items, interior repairs related to normal wear, roof and skylight-related work, regular servicing of the oil-fired heating system, and electrical updates including dedicated circuits for window air-conditioning units. Detailed maintenance records are available, offering transparency that supports underwriting and long-term ownership planning. Its end-unit configuration, proximity to UD, Main Street Newark, transit, and employment centers contribute to stable tenant demand, strong rentability, and the potential for improved net operating income through targeted updates. This property presents an attractive opportunity for investors seeking a well-located value-add asset with documented operating history and upside through operational efficiencies.
133 Madison Dr, Newark, DE 19711 is a studio, 1,120 sqft townhouse built in 1952. It last sold for $187,500 on Feb 13, 2026 (6% below the $200,000 asking price). More recently, it was listed as a rental in June 2019 with an asking price of $1,150 per month. That rental listing was removed on July 3, 2019. It is currently off market. The Trulia Estimate is $190,300, with a rent estimate of $1,899/month.
Home Highlights
Parking
2 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$167/sqft
Listed
180+ days ago
Home Details for 133 Madison Dr
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Interior Details Basement: Partially FinishedNumber of Rooms: 1Types of Rooms: Basement |
Dimensions and Layout Living Area: 1120 Square Feet |
Appliances & Utilities Appliances: Electric Water Heater |
Heating & Cooling Heating: Forced Air,OilHas CoolingAir Conditioning: Window Unit(s),ElectricHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 3Levels: ThreeAccessibility: None |
View No View |
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Exterior Home Features Roof: RubberFencing: FullOther Structures: Above Grade, Below GradeFoundation: BlockNo Private Pool |
Parking & Garage Open Parking Spaces: 2No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Paved,Driveway |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1120 Square Feet |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: ResidentialProperty Subtype: TownhouseStructure Type: End of Row/TownhouseArchitecture: Colonial |
Building Building Name: None AvailableConstruction Materials: BrickNot a New Construction |
Property Information Condition: Below AverageNot Included in Sale: As-isIncluded in Sale: As-isParcel Number: 18024.00178 |
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Price List Price: $200,000Price Per Sqft: $167/sqft |
Status Change & Dates Off Market Date: Fri Feb 13 2026Possession Timing: 0-30 Days CD |
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MLS Status: CLOSED |
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Direction & Address City: NEWARKCommunity: College Park |
School Information Elementary School: DownesElementary School District: ChristinaJr High / Middle School: Shue-medillJr High / Middle School District: ChristinaHigh School: NewarkHigh School District: Christina |
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Building Area Building Area: 1120 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 2614 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash |
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Business Information Ownership: Fee Simple |
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BasementMls Number: DENC2094604Above Grade Unfinished Area: 1120 |
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Source Internet Entire Listing Display: Y |
Last check for updates: about 7 hours ago
Listed by Michael Maloney, (302) 733-7000
Patterson-Schwartz-Newark
Bought with: Brenda Salemi, (302) 252-7071, Tesla Realty Group, LLC
Source: Bright MLS, MLS#DENC2094604

Price History for 133 Madison Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 02/13/2026 | $187,500 | Sold | Bright MLS #DENC2094604 |
| 01/27/2026 | $200,000 | Pending | Bright MLS #DENC2094604 |
| 12/16/2025 | $200,000 | Listed For Sale | Bright MLS #DENC2094604 |
| 07/03/2019 | $1,150 | ListingRemoved | Agent Provided |
| 06/27/2019 | $1,150 | Listed For Rent | Agent Provided |
| 01/24/2018 | $1,100 | ListingRemoved | Agent Provided |
| 10/04/2017 | $1,100 | Listed For Rent | Agent Provided |
| 07/01/2014 | $1,100 | ListingRemoved | Agent Provided |
| 02/07/2014 | $1,100 | Listed For Rent | Agent Provided |
| 01/23/2014 | $100,000 | Sold | N/A |
| 11/07/2013 | $109,900 | Listed For Sale | Agent Provided |
| 05/29/2013 | $112,500 | ListingRemoved | Agent Provided |
| 04/16/2013 | $112,500 | PriceChange | Agent Provided |
| 12/13/2012 | $115,000 | PriceChange | Agent Provided |
| 05/26/2012 | $120,000 | Listed For Sale | Agent Provided |
Market trends in Newark
Last updated June 2026
Avg. sale price
$345K
$2.5KMoM
Sale-to-List Price
97.5%
1.5%MoM
Price per sq ft
$198
$9MoM
Available listings
240
11MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $215,700 |
Home facts updated by county records
Comparable Sales for 133 Madison Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Townhouse | $219,900 | 05/05/26 | 3 | 1 | 1,120 | |
0.08 | Townhouse | $250,000 | 01/05/26 | 3 | 1 | 1,125 | |
0.07 | Townhouse | $268,000 | 02/27/26 | 3 | 1 | 1,125 | |
0.09 | Townhouse | $260,000 | 11/21/25 | 3 | 1 | 1,275 | |
0.16 | Townhouse | $265,000 | 12/15/25 | 3 | 1.5 | 1,225 | |
0.23 | Townhouse | $265,000 | 09/29/25 | 3 | 1.5 | 1,350 | |
0.26 | Townhouse | $262,000 | 08/05/25 | 3 | 1.5 | 1,275 | |
0.12 | Townhouse | $485,000 | 10/10/25 | 3 | 2.5 | 2,300 | |
0.44 | Townhouse | $495,000 | 07/25/25 | 3 | 2.5 | 2,775 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 133 Madison Dr.
What Locals Say about Newark
At least 736 Trulia users voted on each feature.
88 % Say it's dog friendly
86 % Say car is needed
81 % Say parking is easy
75 % Say yards are well-kept
74 % Say there are sidewalks
70 % Say kids play outside
70 % Say there's holiday spirit
69 % Say it's quiet
61 % Say people would walk alone at night
55 % Say streets are well-lit
50 % Say neighbors are friendly
49 % Say there's wildlife
48 % Say they plan to stay for at least 5 years
43 % Say it's walkable to restaurants
42 % Say it's walkable to grocery stores
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 133 Madison Dr
Off Market Homes Near 133 Madison Dr

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