DE > Milford
Milford, DE 19963,45 WHISPERING OAK DR
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Milford, DE 19963,45 WHISPERING OAK DR
Milford, DE 19963,45 WHISPERING OAK DR
Milford, DE 19963,45 WHISPERING OAK DR
Milford, DE 19963,45 WHISPERING OAK DR
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Dana Ubele

Dana Ubele

+1(856) 888-1133
Listed by Kathleen Constance Lewis • Keller Williams Realty
$ 760,000
Est. payment /mo
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Active

45 WHISPERING OAK DR Milford, DE 19963

2.1 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DEKT2034600

Year Built 1961

Available Date 2025-01-30

Annual Tax Amount $2,365

Tax Year 2024

Lot Size 2.100 Acres

Acres 2.1

Lot Dimensions 2.10 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Discover a rare opportunity to own nine steady income streams on a sprawling 3.9-acre parcel just minutes from downtown Milford. This property includes eight (8) two-bedroom apartments and one land lease with an on-site maintenance tenant, offering turnkey stability and built-in management.

Each 550 sq. ft. apartment features 2 bedrooms, 1 bath, a kitchen/dining combo, and a cozy living room with baseboard heat. Rents range from $600–$1,000 per month, with current rates sitting well below comparable market rents — presenting immediate value-add potential for the next owner. All units are currently leased by reliable tenants with consistent rent history. Additional features also include 3 septic systems, shared well, and pump house.

Ideal for investors, 1031 exchange buyers, or portfolio builders seeking cash flow and long-term growth potential in one of Delaware's fastest-growing regions just outside Milford city limits with quick access to Rt. 1, the beaches, and Dover.

Location

State DE

County Kent

Area Milford (30805)

Zoning AC

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Vinyl, Carpet, Luxury Vinyl Plank

Heat Source Electric

Exterior

Garage Spaces 15.0

Water Access N

Roof Type Shingle

Accessibility No Stairs

Total Parking Spaces 15

Garage N

Building

Lot Description Partly Wooded, Private

Foundation Concrete Perimeter

Sewer Gravity Sept Fld

Water Community, Well-Shared

New Construction N

Schools

School District Milford

Others

Tax ID MD-00-16400-01-1100-000

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Dana Ubele

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

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45 WHISPERING OAK DR

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