???? Opportunity Knocks in Established Dover Community ????
240 Grinding Wheel Dr., Dover, DE
Opportunity knocks for the savvy investor, contractor, or buyer looking to build equity. This property has experienced fire damage and is being sold in as-is condition, offering significant upside potential for renovation, resale, or rental income.
Located in a well-established Dover neighborhood, this home sits on a desirable lot with strong comparable values in the surrounding area — making it a prime candidate for a strategic rehab project.
Why This Property Makes Sense:
Solid footprint and layout ready for reimagination
Opportunity to customize finishes and maximize ARV
Potential flip, rental, or long-term hold
Convenient location near shopping, schools, Route 13, and Dover Air Force Base
Limited inventory of investor-ready properties in this price range
With the right vision and execution, this property could become a strong addition to any investment portfolio.
Bring your contractor, your imagination, and your offer. Properties with this level of upside potential don’t last long.
???? For additional details, access information, or to schedule a showing, contact an agent today.
The income description goes here to explain
| List Price | $120,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,827 |
| Number of Stories | 0 stories |
| Parking Spots | 1 spots |
| Year Built | 1996 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | ED0505717022600000 |
| MLS # | DEKT2044388 |
| Property ID | 322588453 |
| Lot Sqft | 5,271 |
| Zoning | RM1 |
| Days on Market | 15 |
| Original List Price | Unknown |
| Date Updated | February 20, 2026 |
| Date Created | February 10, 2026 |
Stephanie S Lehane an agent of . Lic #RB-0020140
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT