About 45 Whispering Oak Dr
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.
Features of 45 Whispering Oak Dr
| MLS® # | DEKT2034600 |
|---|---|
| Price | $760,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,400 |
| Acres | 2.10 |
| Year Built | 1961 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 45 Whispering Oak Dr |
|---|---|
| Area | Milford (30805) |
| City | MILFORD |
| County | KENT-DE |
| State | DE |
| Zip Code | 19963 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Concrete/Block, Vinyl Siding, Frame |
|---|---|
| Lot Description | Private, Partly Wooded |
| Roof | Shingle |
| Foundation | Concrete Perimeter |
School Information
| District | MILFORD |
|---|
Additional Information
| Date Listed | January 30th, 2025 |
|---|---|
| Days on Market | 272 |
| Zoning | AC |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty |
|---|---|
| Contact Info | (302) 360-0300 |
