Back 240 Grinding Wheel Drive
Off Market

240 Grinding Wheel Drive

Dover DE 19904

3
3
1
1827 sq. ft.
5271 sq. ft.
Townhouse
Last sold for $125,000
Stephanie LehaneStephanie Lehane, last sold this property on 29 May 2026 after 106 days on market.

Overview

🔥 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.

Features

3 bedrooms
3 bathrooms
1 carspace
1 garage space
1827 sq. ft. floor area
5271 sq. ft. lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Dover over the last 12 months, the estimated median property value of 240 Grinding Wheel Drive is $302.5k.

Median value
$302.5k
Estimated value range
$125k - $389.99k
Median days on market
23
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dover. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 240 Grinding Wheel Drive

2026
Sold
$125,000
29 May 2026 by Stephanie Lehane, of REMAX Eagle Realty | Smyrna

Happy sellers in Dover

88%
88% of sellers in Dover reported that their sale price either exceeded or met their price expectations.

Dover stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Dover over the last 12 months.

Local market activity for 3 bedroom townhouses in Dover

In the last 12 months, 76 three-bedroom townhouses similar to 240 Grinding Wheel Drive, have been sold.

This represents a 10% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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