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For sale
  • $1,100,000

    20 S Main St, Middletown, DE 19709

    6beds
    --baths
    6,384sqft
    : 
    Multi Family
    Built in 1918
    -- sqft lot
    $-- Zestimate®
    $172/sqft
    $-- HOA

    What's special

    Private off-street parking
    Exceptional Mixed-Use Investment Opportunity in the Heart of Middletown! 22 W Main Street—a fully-leased, free-standing mixed-use building offering a rare opportunity in one of Middletown’s most active commercial corridors. This well-maintained property is ideally positioned on a vibrant stretch of West Main Street, surrounded by thriving businesses and within walking distance to shops, dining, and community amenities. The first floor features two established retail/office tenants, while the second and third floors are configured as three spacious 2-bedroom one bath apartments and fully leased producing income. All units are separately metered for electric and the entire building is fully sprinklered. To the rear of the property, private off-street parking accommodates approximately 10+- vehicles and connects directly to the adjacent Middletown municipal parking lot—ensuring convenience for both residential and commercial tenants. This turnkey asset offers immediate income and long-term upside, with potential to enhance residential revenue. A rare combination of stability, condition, and location make this an outstanding addition to any investment portfolio.
    6 days
    on Zillow
    |
    566
    |
    38
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 17, 2025 at 06:58am

    Listed by:

    Paul Pantano 302-888-0300,

    Pantano Real Estate Inc 3028880300

    Source: Bright MLS,MLS#: DENC2087750MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 20 S Main St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Basement
    • Area: 0
    Heating
    • Heat Pump, Radiant, Electric, Oil
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Eat-in Kitchen
    • Windows: Vinyl Clad, Double Hung
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 6,384
    • Total interior livable area: 6,384 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Paved, Off Street
    Accessibility
    • Accessibility features: Other Bath Mod
    Features
    • Pool features: None
    • Has view: Yes
    • View description: Street
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 45 x 140
    • Features: Level, Downtown
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 23008.00026
    • Zoning: C2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Flat
    Condition
    • Good
    • New construction: No
    • Year built: 1918

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Middletown

    Financial & listing details

    • Price per square foot: $172/sqft
    • Tax assessed value: $644,700
    • Annual tax amount: $4,938
    • Date on market: 8/17/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Inclusions: Owner Owned Appliances
    • Exclusions: Tenant Owned Appliances And Tenants Personal Property
    • Ownership: Fee Simple
    • Total actual rent: 99600
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