15692 Armstrong Middletown, CA 95461
MULTI_FAMILY - Middletown, CA
Property Features for 15692 Armstrong
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Great Room, Bedroom 8, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Laundry Room, Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 1
- Parking
- 12
- Parking features
- Carport
- Interior features
- Balcony, High Ceilings, Living Room Balcony, Ceiling Fan(s), Open Floorplan, Storage, Cathedral Ceiling(s)
- Exterior features
- Awning(s)
- Fireplace
- 1
- Appliances
- Water Heater, Disposal, Microwave, Refrigerator, Electric Range, Electric Oven, Dishwasher
- Standard status
- Active
- APN
- 024452060000
- Size
- 3,320 SF
- Lot size
- 0.35 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Wall/Window Unit(s), Window Unit(s), Electric
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Laminate, Wood, Carpet
- Building materials
- Wood Siding, Concrete
- Roof type
- Composition, Shingle
- Additional Structures
- Storage
Listing agent Lorrie McMurray License #01348596 (707) 355-1553
Listing office RE/MAX Gold Lake County 1675 S Main St., Lakeport, CA (707) 262-5700
Listing date Apr 28, 2026
Copyright © 2026 Lake County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
As a quadplex, it provides an income-focused structure well-suited for investors seeking a small-scale multifamily asset. The listing is presented as a for-sale opportunity within the broader category of multifamily properties and residential income properties.
Additional property details such as unit mix, interior condition, and specific features are not included in the information provided. For complete underwriting and tenant-readiness needs, buyers and brokers should request further details directly.
Key Highlights
- Year built 1979
- 6+ bedrooms with multiple bathrooms, including 4 bathrooms and a great room
- Fireplace available
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.6k | $12.84 |
| − Vacancy | −$2.0k | −$0.61 |
| EGI | $40.6k | $12.23 |
| − OpEx | −$12.2k | −$3.67 |
| NOI | $28.4k | $8.56 |
