45 Whispering Oak Dr, MILFORD, DE

$760,000

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4,400

Square feet

2.10

Acres

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
Total Number Of Units 8
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 263
Zoning AC
Foreclosure No
Short Sale No
RE / Bank Owned No
Business Use Apartment Building
Property Use Investment

Listing Details

OfficeKeller Williams Realty
Contact Info(302) 360-0300

Listing Map

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