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4,928 sqft

$1,500,000

211 & 213 N WALNUT STREET, MILFORD DE, 19963

Price per sqft$304.38
Built in2004
Property size4,928 sqft
Property typeCommercial

Overview

Active

Active-bright

Listed May 14, 2026

Updated 8 days ago

The Ultimate Investment Opportunity: The Blair Apartments Portfolio This isn't just another listing; this is a strategic acquisition designed for immediate performance and long-term wealth preservation. The Blair Apartments represent a rare "turn-key" scenario in the heart of Milford, offering the perfect trifecta of stability, quality, and untapped upside. ### Why This Is the Deal of the Century: • Rock-Solid Compliance & Quality: Skip the "investor headaches." Both buildings and all 10 units have recently passed full City of Milford inspections. Combined with meticulous maintenance by the current owners and recent remodels across most units, your capital is protected from day one. • Built-In "Value-Add" Potential: The most lucrative investments have room to grow. With rents currently positioned just below market rates to attract premium, long-term tenants, a new owner has a clear and immediate path to increased NOI and forced appreciation. • Operational Efficiency: Forget the mess of shared utilities. With separately metered water, your overhead is minimized, and your tenants take ownership of their usage. • Prime Urban Logistics: Located in the dead center of the City of Milford, these buildings sit on a large private parking lot—a high-value amenity that ensures tenant retention and commands premium interest in a bustling city center. The Verdict: Properties maintained to this standard with a clean bill of health from the city rarely hit the market with built-in rent upside. Whether you are looking to 1031 exchange or expand your local footprint, the Blair Apartments are a fortress for your capital. Don't let the "Deal of the Century" pass you by—this portfolio is primed for its next chapter.

Additional information

MLS® ID
DEKT2047138

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.45 Acres

Other Property Details

Taxes
$2,454
Tax Frequency
Annually
MLS provider logo

Listed by Myers Realty
Listing Contact: 3024230276 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/1/2026 at 11:46 PM UTC

 

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