Opportunity knocks! This west Newark townhome is an income producing rental property in great condition. Hardwood floors in the living room, dining room and bedrooms. Three bedrooms and full bath upstairs. Partially finished basement with 4th BR or den and half bath. Egress from the basement to the parking area behind the home. Valid City of Newark permit transfers with ownership. Passed inspection by the city in September 2024. Tenant in place until July 31st, 2025. New owner to assume lease. Lease is for $1,675 per month. New heat pump in 2019 (oil heater was removed). As a courtesy to the tenant, showing times are restricted to Friday 4-7 and Saturday 12-3. By appointment only. Photos are from when property was not occupied.
Sold for $247,000 on 11/12/24
$247,000
130 Madison Dr, Newark, DE 19711
4beds
1,120sqft
Townhouse
Built in 1954
1,742 Square Feet Lot
$260,900 Zestimate®
$221/sqft
$2,359 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 03, 2025 at 06:32am
Listed by:
David Landon 302-218-8473,
Patterson-Schwartz-Newark,
Listing Team: Team Landon, Co-Listing Team: Team Landon,Co-Listing Agent: Kirsten H Landon 302-218-8474,
Patterson-Schwartz-Newark
Bought with:
Michael Mazur, RS-0024125
Compass
Source: Bright MLS,MLS#: DENC2069342

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Heat Pump, Electric
Appliances
- Included: Electric Water Heater
- Laundry: In Basement
Features
- Flooring: Hardwood, Vinyl
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
- Finished area above ground: 1,120
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, Driveway
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting
- Pool features: None
Lot
- Size: 1,742 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 18025.0038
- Zoning: 18RR
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Newark
- Subdivision: College Park
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Services availability

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$260,900
2% more+ $5,218
With Zillow Showcase(estimated)
$266,118