211 & 213 N WALNUT STREETMILFORD, DE 19963

Commercial · 4,928 Sq. ft. | 0.45 Acres
$1,500,000 ACTIVE

211 & 213 N WALNUT STREET Overview

Time on Site:
47 days
Visits:
10

The Ultimate Investment Opportunity: The Blair Apartments Portfolio This isn't just another listing; this is a strategic acquisition designed for immediate performance and long-term wealth preservation. The Blair Apartments represent a rare turn-key scenario in the heart of Milford, offering the perfect trifecta of stability, quality, and untapped upside. ### Why This Is the Deal of the Century: ' Rock-Solid Compliance & Quality: Skip the investor headaches. Both buildings and all 10 units have recently passed full City of Milford inspections. Combined with meticulous maintenance by the current owners and recent remodels across most units, your capital is protected from day one. ' Built-In Value-Add Potential: The most lucrative investments have room to grow. With rents currently positioned just below market rates to attract premium, long-term tenants, a new owner has a clear and immediate path to increased NOI and forced appreciation. ' Operational Efficiency: Forget the mess of shared utilities. With separately metered water, your overhead is minimized, and your tenants take ownership of their usage. ' Prime Urban Logistics: Located in the dead center of the City of Milford, these buildings sit on a large private parking lot—a high-value amenity that ensures tenant retention and commands premium interest in a bustling city center. The Verdict: Properties maintained to this standard with a clean bill of health from the city rarely hit the market with built-in rent upside. Whether you are looking to 1031 exchange or expand your local footprint, the Blair Apartments are a fortress for your capital. Don't let the Deal of the Century pass you by—this portfolio is primed for its next chapter.

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211 & 213 N WALNUT STREET Facts & Features

  • Type Commercial
  • Sq. ft. 4,928
  • Price/Sq.ft. $304
  • Lot 0.45 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 2004

Business Information

  • Business Type: Apartment Building

Location/Region

  • Country: US
  • County: KENT
  • County Or Parish: KENT
  • In City Limits: Yes
  • MLS Area Major: Milford (30805)

Parking Information

  • Total Parking Spaces: 25
  • Type of Parking: Parking Lot

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax: 388.00
  • County Tax Payment Frequency: Annually
  • School Tax: 1983.00
  • Tax Annual Amount: $2,454.00
  • Tax Assessed Value: 680000.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: MILFORD
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: R2

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 4928.00
  • Central Air: No
  • Hot Water: Electric

General Information

  • Accessibility Features: None
  • Cooling: Heat Pump(s)

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.45
  • Lot Size Dimensions: 0.45 x 0.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 19515.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Stick Built

General Information

  • Number Of Units Total: 6
  • Sewer: Public Sewer
  • Water Access: No

211 & 213 N WALNUT STREET Neighborhood

Community

19963 (MILFORD) Demographics

42
Median Age
187
Population Density (per sq. mile)
34%
College Educated
$56,026
Estimated Median Income
5,455
Estimated Total Home Owners
3,024
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

211 & 213 N WALNUT STREET Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

211 & 213 N WALNUT STREET Market Data

Based on the last 30 days in this zip code

$485,527
Average List Price
$238
Average Price per Square Foot
28
Properties Sold
100
Average Days on Market
144
Properties for Sale
Calculations provided by Reliance Network

211 & 213 N WALNUT STREET History

Date Event Value Agent
6/10/2026Source: BRIGHT MLS Price Reduction
$1,500,000 -6.2%
5/14/2026Source: BRIGHT MLS Added to Database
May 14, 2026
Listing provided courtesy of Myers Realty- MLS# DEKT2047138MLS ProviderContact Information: [email protected] - 3026744255