See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

62 W Church St, Selbyville, DE, 19975

4beds
4baths
2,500sqft
$799,900
$320price/sqft
$4,711/moest. monthly cost
$188,440/yrincome needed

About This Home

Investor Alert – Rare Quadplex Opportunity! Rarely available quadplex offering exceptional income potential with projected rents estimated at $1,350–$1,650 per unit. This is a prime opportunity for investors seeking strong cash flow, low operating costs, and a true turn-key portfolio addition. The property has been extensively renovated with all major systems upgraded recently, including a new foundation, all-new plumbing and electrical, sprinkler system, and full alarm system. The roof was replaced within the last five years, providing long-term durability and reduced maintenance. The building is on public water and sewer, keeping ownership simple and operating costs predictable. Each unit has been renovated inside and out, featuring fresh paint, updated flooring, modern appliances, and refreshed finishes throughout. Dedicated parking for each unit enhances tenant convenience and long-term rentability—an increasingly rare feature for multi-unit properties. Garage and Shed also come with the property. With low ongoing expenses, modern systems, and strong projected rents, this quadplex offers an easy, low-maintenance portfolio addition in a high-demand rental market. Rare multi-family opportunities like this don’t come often—schedule your showing today.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

7/10
Selbyville Middle SchoolGrades 6-81.0 mi
6/10
Indian River High SchoolGrades 9-125.9 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1998

Materials

  • Foundation: Block,Crawl Space
  • Roof: Shingle,Asphalt
  • Construction materials: Frame,Block

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven/Range - Electric,Water Heater,Electric Water Heater
  • Laundry features: Washer/Dryer Hookups Only

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Additional Stairway,2nd Kitchen,Efficiency,Dining Area,Entry Level Bedroom,Floor Plan - Traditional,Kitchenette,Recessed Lighting,Dry Wall
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,500

Heating & Cooling

  • Heating features: Baseboard,Wall Unit,Electric
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 2,500
  • Total interior livable area: 2,500 sqft

Property

Accessibility

  • Accessibility features: Doors - Swing In

Details

  • Parcel number: 53316.15101.00
  • Zoning: TN
  • Special condition: Standard
  • Exclusions: Other

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Sidewalks
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 8,712 sqft
  • Features: Cleared
  • Lot size dimensions: 40.00 x 220.00

Parking

  • Total spaces: 6
  • Parking features: Private,Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Winter Weather
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Delaware Counties

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,044$48,528
Home Insurance *$141$1,692
Property Taxes $250$3,000
Electricity $276$3,317
Total$4,711$56,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$161,520/yr
40% on housing$141,330/yr
45% on housing$125,626/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$320This listing

vs Other Active Listings

Avg $/sqft

ZIP 19975$221
Sussex County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 19975
Sussex County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-09Listed for sale$799,900
2003-10-28Sold$139,900

For Sale by Agent

AgentJulie Gritton
BrokerageColdwell Banker Premier - Lewes

Similar Homes