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Sold on 07/01/2024

32 S Governors Ave, Dover, DE 19904

$270,000

Last sold 07/01/2024 for $293K

  • —

    bed

  • —

    bath

  • 4,212

    Sqft ($70/Sqft)

Multi-family not for sale
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About 32 S Governors Ave

Property type Multi-family
Year built 1910
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Income producing 4 unit apartment building in Downtown Dover. 1/2 block from Delaware State University, shopping, restaurants and pubs. Recently renovated with new roof, siding and windows. Property consists of 2 studio apartments, 1-one bedroom and 1-two bedroom. There is a detached oversized 2 car garage that can be rented for storage or used by the owners. Owner pays water and sewer 80-120 per month. All units are on their on own electric and paid by tenant. A great opportunity with over $4,148 a month in gross income. All tenants have leases in place.
Listed by
Listing Agent - Steven B. Schmidt
Listing Office - RE/MAX Horizons
Source: Bright MLS mls logo
MLS#DEKT2018320 • last updated 2 years ago
Movoto checked Bright MLS for data 8 minutes ago
Overview
Cooling/AC None, None
Heating Electric
Levels/Style Traditional
Type Multi-Family
SubType Quadruplex
Status Closed
SqFt 4212
Lot Size (SqFt) 4500
Lot Size (Acres) 0.1
County Tax 99, Annually
City/ Town Tax 759
School Tax 708
Tax: Assessed Value 187600
Annual Property Tax 1538
Year Built 1910
Condition Good
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Unfinished
Window Features Energy Efficient
Accessibility Features None
Exterior
Construction Vinyl Siding
Foundation Block
Garage Desc Garage - Front Entry
# Garage Spaces 2
# Parking Spaces 2
# Detached Garage Spaces 2
Parking Desc Detached Garage
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
School District CAPITAL
Directions Rt 13 To Rt 8 Division St. Left On Governors House On Left.
Zoning OLDE DOVER
Multifamily Details
# Single Room Units 2
# 1-Bedroom Units 1
# 2-Bedroom Units 1
# Units Furnished None
$270K
Range: $194K-$345K
Last 30 days 
Rental est.: $1,627/month
Gross rent multiplier: 15.0
  • Jul 2024
    mls logo MLS # DEKT2018320
  • Jul 10, 2024 Sold
    $293,000
  • Jun 3, 2024 Active
    —
  • Feb 21, 2024 Listed
    $299,900 (+3.4%)
  • Oct 31, 2023 Listed
    —
  • Sep 8, 2023 Pending
    —
  • Sep 5, 2023 Active
    —
  • Aug 3, 2023 Price Change
    $289,900 (-3.3%)
  • Mar 29, 2023 Listed
    $299,900 (-7.7%)
  • Jul 2024
    Public Records
  • Jul 3, 2024 Sold
    $293,000 (-2.3%)
  • Oct 2022
    mls logo MLS # DEKT2013378
  • Oct 4, 2022 Price Change
    $324,900 (-7.1%)
  • Aug 16, 2022 Listed
    $349,900 (+133.3%)
  • May 2021
    mls logo MLS # DEKT245108
  • May 28, 2021 Sold
    $150,000 (-6.2%)
  • Mar 11, 2021 Pending
    —
  • Mar 10, 2021 Hold
    —
  • Mar 6, 2021 Price Change
    $159,900 (-5.9%)
  • Dec 8, 2020 Listed
    $170,000 (+6.3%)
  • Mar 2019
    mls logo MLS # DEKT180382
  • Mar 8, 2019 Price Change
    $159,900 (-11.1%)
  • Jan 5, 2019 Listed
    $179,900 (+15.3%)
  • Nov 2007
    Public Records
  • Nov 16, 2007 Sold
    $156,000
  • Nov 2007
    mls logo MLS # 5038477
  • Nov 16, 2007 Sold
    $156,000
  • Jul 2, 2007 Listed
    $156,000 (+24.8%)
  • Feb 2005
    mls logo MLS # 4355790
  • Feb 14, 2005 Sold
    $125,000
  • Apr 25, 2004 Listed
    $125,000 (+15.7%)
  • Oct 2001
    mls logo MLS # 1346256
  • Oct 5, 2001 Sold
    $108,000
  • Mar 20, 2001 Listed
    $108,000 (+208.6%)
  • Apr 2000
    mls logo MLS # 1244904
  • Apr 14, 2000 Sold
    $35,000
  • Feb 2, 2000 Listed
    $35,000
  • Year Property taxes Tax assessment
  • 2023
    $807 +3.4%
    $208,100 +659.49%
  • 2022
    $780 +0.2%
    $27,400 -3.52%
  • 2021
    $779 +3.5%
    $28,400
  • 2020
    $752 +15.9%
    $28,400
  • 2018
    $649 +1.3%
    $28,400
  • 2016
    $640 +0.1%
    $28,400
  • 2015
    $640
    $28,400
  • 32 S Governors Ave
    $293K
  • —
  • 19904
    $383K +6% y/y
  • Dover
    $379K +9% y/y
No chart available
Statistics calculated by Movoto

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5/10
Booker T. Washington Elementary School
public Grades K-4
Capital School District
2/10
William Henry Middle School
public Grades 5-6
Capital School District
4/10
Central Middle School
public Grades 7-8
Capital School District
3/10
Dover High School
public Grades 9-12
Capital School District
Source: GreatSchools.org © 2026. All rights reserved.

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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 in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 10/6/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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