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133 Madison Dr
For Sale $200,000 ($178.57 per Sq Ft)
$200,000 ($178.57 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 1,120 Sq Ft
- 2,614 Sq Ft
Description
End-unit townhome located minutes from the University of Delaware, an area with consistently strong rental demand. This 3-bedroom property features a main level with an eat-in kitchen with island and a living room, along with a full bath on the upper level and a finished lower level with an additional full bath, kitchenette, living space, and separate storage room, offering flexibility that supports a variety of rental strategies and tenant profiles. The property has been personally managed and overseen since 2014, with routine maintenance and notable repairs completed over time consistent with long-term rental use. Improvements addressed typical plumbing items, interior repairs related to normal wear, roof and skylight-related work, regular servicing of the oil-fired heating system, and electrical updates including dedicated circuits for window air-conditioning units. Detailed maintenance records are available, offering transparency that supports underwriting and long-term ownership planning. Its end-unit configuration, proximity to UD, Main Street Newark, transit, and employment centers contribute to stable tenant demand, strong rentability, and the potential for improved net operating income through targeted updates. This property presents an attractive opportunity for investors seeking a well-located value-add asset with documented operating history and upside through operational efficiencies.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $200,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,120 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1952 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 18.02400.178 |
| MLS # | DENC2094604 |
| Property ID | 322454252 |
| Lot Sqft | 2,614 |
| Zoning | 18RR |
| Days on Market | 8 |
| Original List Price | Unknown |
| Date Updated | December 18, 2025 |
| Date Created | December 15, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $18,000 | $0 |
Listing Provided By
Michael A Maloney an agent of . Lic #R3-0017659
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Data last updated: December 23, 2025.
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Robert Crawford
REAL ESTATE AGENT