26 S State St
Dover, DE 19901
- 9 Beds
- 7,030 sqft
9 Beds
7,030 sqft
Local Information
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Description
Turnkey 9-unit multifamily investment in Dover, surrounded by historic character and ongoing area revitalization. Stabilized asset producing approximately $11,700 per month (4-1-26) in rental income, plus additional income from on-site central washer and dryer facilities. Tenants pay their own gas heat and electric. Owner pays water, sewer, trash, and central hot water. Property has seen numerous recent improvements including updated windows, interior upgrades, select new kitchens, and recently installed flooring in most units. Hallways have been refreshed with new flooring and paint. Capital improvements include a new fire escape and some newer heating systems. Strong in-place income with additional ancillary revenue and continued upside through future unit improvements and long-term rental demand in the Dover market. Ideal for investors seeking a stabilized asset with proven cash flow.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$171
Listed
79 days ago
Home Details for 26 S State St
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Interior Details Basement: PartialNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 9 |
Dimensions and Layout Living Area: 7030 Square Feet |
Appliances & Utilities Utilities: Natural Gas AvailableAppliances: Gas Water Heater |
Heating & Cooling Heating: Forced Air,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Luxury Vinyl |
Levels, Entrance, & Accessibility Accessibility: NoneFloors: Hardwood, Luxury Vinyl |
View No View |
Security Security: Main Entrance Lock |
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Exterior Home Features Other Structures: Above Grade, Below GradeNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Private,On Street,Parking Lot |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 79 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: OtherArchitecture: Victorian |
Building Construction Materials: FrameNot a New Construction |
Property Information Condition: GoodParcel Number: ED0507705042300000 |
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Price List Price: $1,200,000Price Per Sqft: $171 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: ACTIVE UNDER CONTRACT |
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Direction & Address City: DOVER |
School Information Elementary School District: CapitalJr High / Middle School District: CapitalHigh School District: Capital |
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Listing Agent Listing ID: DEKT2044590 |
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Building Area Building Area: 7030 Square Feet |
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Lot Area: 7492 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To Sell |
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Business Information Ownership: Fee Simple |
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Are Units Furnished: NoneOwner Pays: Grounds Care, Sewer, Trash Collection, Insurance, Common Area Maintenance |
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BasementMls Number: DEKT2044590Zillow Contingency Status: Under Contract |
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Source Internet Entire Listing Display: Y |
Last check for updates: about 6 hours ago
Listing courtesy of Steven Schmidt, (302) 678-4326
RE/MAX Horizons, (302) 678-4300
Co-Listing Agent: Barbara T Schmidt, (302) 678-4300
RE/MAX Horizons, (302) 678-4300
Source: Bright MLS, MLS#DEKT2044590

Also Listed on Bright MLS.
Price History for 26 S State St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/26/2026 | $1,200,000 | Contingent | Bright MLS #DEKT2044590 |
| 03/13/2026 | $1,200,000 | Listed For Sale | Bright MLS #DEKT2044590 |
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Comparable Sales for 26 S State St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $325,000 | 10/31/25 | 4 | 2 | 1,676 | |
0.11 | Multi-Family Home | $564,500 | 04/28/26 | 4 | 5 | 3,432 | |
0.15 | Multi-Family Home | $700,000 | 04/09/26 | 14 | - | 3,042 | |
0.49 | Multi-Family Home | $333,000 | 01/02/26 | 6 | 4 | 2,848 | |
0.15 | Multi-Family Home | $310,000 | 10/24/25 | 3 | - | 1,820 | |
0.25 | Multi-Family Home | $225,000 | 06/05/25 | 2 | 3 | 1,627 | |
0.30 | Multi-Family Home | $215,000 | 01/22/26 | 2 | 2 | 1,356 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 26 S State St.
What Locals Say about Dover
At least 358 Trulia users voted on each feature.
85 % Say car is needed
80 % Say parking is easy
77 % Say it's dog friendly
75 % Say yards are well-kept
70 % Say there are sidewalks
68 % Say there's holiday spirit
62 % Say kids play outside
61 % Say it's quiet
57 % Say streets are well-lit
50 % Say people would walk alone at night
46 % Say it's walkable to grocery stores
44 % Say neighbors are friendly
42 % Say it's walkable to restaurants
41 % Say there's wildlife
40 % Say they plan to stay for at least 5 years
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Steven Schmidt, RE/MAX Horizons, (302) 678-4300
Agent Phone: (302) 678-4326

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc. Click here for more information
26 S State St, Dover, DE 19901 is a 9 bedroom, 7,030 sqft multi-family built in 1900. This property is currently available for sale and was listed by Bright MLS on Feb 19, 2026. The MLS # for this home is MLS# DEKT2044590.

