Investor Alert, High-Yield Opportunity in Dover! Welcome to 206 Nimitz Road, Dover, Delaware, a rare and compelling opportunity for investors seeking immediate cash flow and long-term value. This expansive 5-bedroom, 3 full-bath ranch-style home, perfectly positioned on a corner lot, offers exceptional space, flexibility, and income potential, all within a desirable community with no HOA restrictions. From the moment you enter, you’re greeted by a bright, open-concept layout that seamlessly connects the living room (family room) to a beautifully updated eat-in kitchen, creating an inviting and functional living space. The main level is thoughtfully designed with generously sized bedrooms and full bathrooms, ideal for comfortable everyday living. The true value of this home continues in the fully finished basement, which significantly expands the livable square footage. Featuring additional living areas and bedrooms, this lower level provides the perfect setup for multi-generational living, shared occupancy, or maximizing rental income streams. This property stands out as an oversized ranch with exceptional versatility, making it highly attractive to both owner-occupants and investors alike. Investment Highlights: Tenant-occupied with an active professional lease in place Tenant is willing to sign a long-term 5-year lease Strong rental potential of up to $3,500 per month Immediate income-producing asset from day one Opportunity for positive cash flow and residual income Whether you’re building your portfolio or securing a reliable, income-generating property, this home delivers on all fronts, location, layout, and long-term financial upside. Properties like this do not last. Schedule your private showing today and secure this exceptional investment before it’s gone.
For sale
$355,000
206 Nimitz Rd, Dover, DE 19901
5beds
2,740sqft
Est.:
Single Family Residence
Built in 1964
9,191 Square Feet Lot
$351,200 Zestimate®
$130/sqft
$-- HOA
What's special
Beautifully updated eat-in kitchenBright open-concept layoutFully finished basement
- 8 hours |
- 55 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: 19 hours ago
Listed by:
Jemimah Chuks 302-359-8337,
EXP Realty, LLC 8885434829
Source: Bright MLS,MLS#: DEKT2046006
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,740
- Total interior livable area: 2,740 sqft
- Finished area above ground: 2,740
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 9,191 Square Feet
- Dimensions: 104.27 x 79.63
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: ED0506814034100000
- Zoning: R8
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Bay Tree
HOA
- Has HOA: No
Location
- Region: Dover
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $252,200
- Annual tax amount: $1,495
- Date on market: 4/11/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$351,200
$334,000 - $369,000
$1,912/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Listed for sale | $355,000$130/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,482 +3.5% | $252,200 |
| 2024 | $1,431 +37.4% | $252,200 +612.4% |
| 2023 | $1,042 +3.4% | $35,400 |
| 2022 | $1,007 +253.4% | $35,400 |
| 2021 | $285 +3.5% | $35,400 |
| 2020 | $275 +5.8% | $35,400 |
| 2019 | $260 +9.5% | $35,400 |
| 2018 | $238 +66.8% | $35,400 |
| 2017 | $142 +1.3% | $35,400 |
| 2016 | $141 -40% | $35,400 |
| 2015 | $234 -0.3% | $35,400 |
| 2014 | $235 | $35,400 |
| 2012 | -- | $35,400 |
| 2011 | -- | $35,400 |
| 2010 | -- | $35,400 |
| 2009 | -- | $35,400 |
| 2008 | -- | $35,400 |
| 2007 | -- | $35,400 |
| 2005 | -- | $35,400 |
| 2004 | -- | $35,400 |
| 2002 | -- | $35,400 |
| 2001 | -- | $35,400 |
| 2000 | $446 | $35,400 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,879/mo
Principal & interest
$1749
Property taxes
$130
More affordability tools
Climate risks
Neighborhood: 19901
Nearby schools
GreatSchools rating
- 5/10Towne Point Elementary SchoolGrades: K-4Distance: 0.7 mi
- NACentral Middle SchoolGrades: 7-8Distance: 0.9 mi
- NADover High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- District: Capital
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 19901
- Delaware
- Kent County
- Dover
- 19901
- 206 Nimitz Rd




