Lewes DE Multi Family for Sale

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Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1978
Baths:
MLS#:
DESU2072470

ADDITIONAL INFORMATION

UNIQUE INVESTMENT POTENTIAL! 138 A+B South Washington Avenue is a uniquely renovated duplex, offering the rare opportunity to live in one unit and rent the other! Or â rent both! As you pull up to the front of the home, youâll be welcomed by an open front porch, perfect for sipping your morning coffee or spending time in the afternoon sun. The Junction and Breakwater Trail is just steps away! Enter Unit A through the front door. This 1,211 square foot, 2 bedroom, 1.5 bath unit features a huge updated kitchen, cozy living room with gas fireplace, powder room and laundry room on the first level. The open-concept kitchen has updated cabinets and appliances and a tile backsplash. Upstairs, you will find two large bedrooms and an updated full bathroom. With no rental restrictions in place, this unit has had an impressive short term and long term rental history. Follow the boardwalk-style decking on the side of the home, past the two luxury outdoor showers, to the private, fenced-in backyard where youâll find the entrance to Unit B: the real showstopper! Also featuring 2 bedrooms and 1.5 baths, this unit is slightly larger at 1,300 square feet and has been extensively renovated with high end details throughout. Youâll enter the unit through the enclosed porch with floor-to-ceiling screen windows and space for dining, relaxing, or entertaining. Two large sliding doors give way to the living space with a wood burning fireplace and a large, open kitchen. The kitchen has been extensively updated and boasts modern conveniences, including state-of-the-art appliances, updated countertops, and a gorgeous tile backsplash. A large center island is perfect for entertaining and cooking prep, while the plethora of updated cabinets offers an incredible amount of storage space! Donât forget to open the secret cabinet doors that lead to a storage pantry and powder room!. Upstairs, youâll find two spacious bedrooms with lots of closet space and a spa-like bathroom full of upgrades and luxurious little touches. French doors in the primary bedroom also lead to a beautiful second-story deck, overlooking the lush backyard, ideal for relaxing in the sun or having an evening cocktail. Unit B has never been rented but could be an impressive performer on the rental market. The outdoor space at the property is another gem in itself. The expansive side decking provides an enchanting pathway that leads to a nicely landscaped backyard. Fully fenced in â the yard also holds a shed for all of your gardening needs. This home is centrally located moments away from all that downtown Lewes has to offer. World-class dining, cozy local shops, and the picturesque Junction and Breakwater Trail are at your fingertips! This updated duplex offers a unique opportunity to live in one unit and generate rental income with the other or rent both units in this small, coastal town. Donât miss your chance to combine your dream of coastal living with a smart investment opportunity. Schedule your private showing today!

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Lewes Real Estate

The median home value in Lewes, DE is $585,000. This is higher than the county median home value of $442,700. The national median home value is $338,100. The average price of homes sold in Lewes, DE is $585,000. Approximately 47.22% of Lewes homes are owned, compared to 9.77% rented, while 43.02% are vacant. Lewes real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lewes real estate agent to arrange a tour today!

Lewes, Delaware has a population of 3,257. Lewes is less family-centric than the surrounding county with 9.42% of the households containing married families with children. The county average for households married with children is 20.2%.

The median household income in Lewes, Delaware is $78,125. The median household income for the surrounding county is $68,886 compared to the national median of $69,021. The median age of people living in Lewes is 65.7 years.

Lewes Weather

The average high temperature in July is 86.8 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 45.9 inches per year, with 12.3 inches of snow per year.

Lewes Real Estate Market Conditions

  • Median sales price

    $585,000
    17.3% change since last quarter
  • # Active listings

    367
    30-day change

Lewes Schools and Demographics

Education near Lewes, DE

Metric City County
High School Graduates 92.06 89.64
College Degree - 2 year 9.17 9.41
College Degree - 4 year 58.47 30.4
Graduate Degree 14.45 9.72
Expenditures per Student 17,270 17,270
Students per Teacher 14.3 14.3

Elementary Schools near Lewes, DE

School Grades Students P/T Ratio ZIP
East Millsboro Elementary School PK - 05 770 15.7 19966
H. O. Brittingham Elementary School KG - 05 563 13.1 19968
Long Neck Elementary School PK - 05 763 15.9 19966
Lord Baltimore Elementary School PK - 05 662 15.4 19970
Milton Elementary School KG - 05 579 14.1 19968
Rehoboth Elementary School KG - 05 613 14.3 19971
Shields (Richard A.) Elementary School KG - 05 722 16.8 19958

Middle Schools near Lewes, DE

School Grades Students P/T Ratio ZIP
Beacon Middle School 06 - 08 563 14.1 19958
Mariner Middle School 06 - 08 552 14.2 19968
Millsboro Middle School 06 - 08 656 13.4 19966

High Schools near Lewes, DE

School Grades Students P/T Ratio ZIP
Cape Henlopen High School 08 - 12 1,352 14.7 19958

Ungraded Schools near Lewes, DE

School Grades Students P/T Ratio ZIP
Sussex Consortium PK - 12 131 2.6 19958

Demographics near Lewes, DE

Metric City County
Neighborhood Type Small town
Population 3,257 234,045
Population Density 843 250
Median Age 65.7 50.7
People per Household 2 2.4
Median Household Income 78,125 68,886
Average Income per Capita 60,133 39,066