45 Whispering Oak Dr, Milford, De 19963
$760,000 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.
Contact Jack Lingo
Essentials
MLS Number
Dekt2034600
List Price
$760,000
Standard Status
Active
Year Built
1961
New Construction
N
Property Type
Commercial Sale
Waterfront
N
Location
Address
45 Whispering Oak Dr, Milford, De
Acres
2.10
Lot Features
Partly Wooded, private
Interior
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Hot Water
Electric
Flooring
Vinyl, carpet, luxury Vinyl Plank
Interior Features
Appliances
Additional Information
Listing courtesy of Keller Williams Realty.
































