Investor Alert, High-Yield Opportunity in Dover! Welcome to 206 Nimitz Road, Dover, Delaware, a rare and compelling opportunity for investors seeking immediate cash flow and long-term value. This expansive 5-bedroom, 3 full-bath ranch-style home, perfectly positioned on a corner lot, offers exceptional space, flexibility, and income potential, all within a desirable community with no HOA restrictions. From the moment you enter, you’re greeted by a bright, open-concept layout that seamlessly connects the living room (family room) to a beautifully updated eat-in kitchen, creating an inviting and functional living space. The main level is thoughtfully designed with generously sized bedrooms and full bathrooms, ideal for comfortable everyday living. The true value of this home continues in the fully finished basement, which significantly expands the livable square footage. Featuring additional living areas and bedrooms, this lower level provides the perfect setup for multi-generational living, shared occupancy, or maximizing rental income streams. This property stands out as an oversized ranch with exceptional versatility, making it highly attractive to both owner-occupants and investors alike. Investment Highlights: Tenant-occupied with an active professional lease in place Tenant is willing to sign a long-term 5-year lease Strong rental potential of up to $3,500 per month Immediate income-producing asset from day one Opportunity for positive cash flow and residual income Whether you’re building your portfolio or securing a reliable, income-generating property, this home delivers on all fronts, location, layout, and long-term financial upside. Properties like this do not last. Schedule your private showing today and secure this exceptional investment before it’s gone.
Est. $1,996 per month, based on comparable rentals
Sale and tax history for 206 Nimitz Rd
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #DEKT2046006
May 11, 2026
Sold
$340,000
$124/sq ft
Apr 14, 2026
Pending
—
Apr 11, 2026
Listed
$355,000
$130/sq ft
Apr 10, 2026
Coming Soon
$355,000
$130/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,569 (+5.9%)
$93,100 + $159,100
$252,200
2025
$1,482 (+3.5%)
$93,100 + $159,100
$252,200
2024
$1,431 (+133.6%)
$93,100 + $159,100
$252,200
2023
$613 (+4.8%)
$93,100 + $159,100
$252,200
2022
$585 (+251.5%)
$9,700 + $25,700
$35,400
2021
$166 (+3.0%)
$9,700 + $25,700
$35,400
2020
$161 (+5.0%)
$9,700 + $25,700
$35,400
2019
$154 (+8.0%)
$9,700 + $25,700
$35,400
2018
$142 (+1.5%)
$9,700 + $25,700
$35,400
2017
$140 (+0.2%)
$9,700 + $25,700
$35,400
2016
$140 (−40.2%)
$9,700 + $25,700
$35,400
2015
$234
$9,700 + $25,700
$35,400
2014
$234 (−1.6%)
$9,700 + $25,700
$35,400
2013
$238 (−71.8%)
$9,700 + $25,700
$35,400
2012
$842 (+3.4%)
$9,700 + $25,700
$35,400
2011
$814
$9,700 + $25,700
$35,400
Public record
Beds
3
Baths
1.5
Stories
1
Lot width
104 ft.
Lot depth
80 ft.
Lot size
9,191 Sq. Ft.
Year renovated
—
Sq. Ft.
1,610
Year built
1964
Style
Single Family Residential
County
Kent County
APN
2-05-068.14-03-41.00-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 10, 2026.
Property details
Parking
Parking Information
Driveway
Interior
Bedroom Information
# of Bedrooms On Main Level: 3
# of Bedrooms On 2nd Lower Level: 2
Bathroom Information
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Full) On 2nd Lower Level: 1
# of Bathrooms (Full) On All Lower Levels: 1
# of Bathrooms (Full): 3
Interior Information
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: Yes
Full, Fully Finished
Exterior
Property Information
Accessibility Features: Ramp - Main Level
Improvement Assessed Value: $159,100
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Building Name: None Available
Construction Materials: Brick, Vinyl Siding
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 104.27 x 79.63
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $93,100
Above Grade Information
Finished Sq.Ft.: 2,740
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
City/Town Tax: $693
County Tax: $144
School Tax: $1,337
Tax Assessed Value: $252,200
Tax Year: 2025
Tax Annual Amount: $1,495
Assessments Information
Year Assessed: 2025
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Forced Air
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: CAPITAL
School District Source: Listing Agent
Location Information
In City Limits
Directions: Use GPS
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,610
Stories: 1.0
Lot Size: 9,191 square feet
Style: Single Family Residential
Year Built: 1964
Year Renovated: —
County: Kent County
APN: 2-05-068.14-03-41.00-000
Home facts updated by county records on Sep 10, 2026
Around this home
Schools
Towne Point Elementary School
Public K-4 • Assigned • 0.7mi
5/10
Dover High School
Public 9-12 • Assigned • 3.6mi
Provided by GreatSchools
Local insights from Redfin agents
"As Delaware’s state capital, Dover combines rich history, affordable living, and central convenience. Buyers love the easy access to Dover Air Force Base, beach routes, and standout local dining like Restaurant 55 and waterfront views at McGlynn's...
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 101° expected this year, 16 days in 30 years
7/10 Wind Factor
78% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Dover, DE • 19901
Average low and high temperatures (°F)
38
24
43
28
60
39
66
48
73
57
83
66
87
71
79
64
77
62
69
49
58
41
44
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in Dover. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$369,000 – $447,000
Reach more buyers when you sell with Redfin. Plus, you'll save $3,883 in fees.