15692 Armstrong St Middletown, CA 95461
For Sale
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Opportunity knocks at 15692 Armstrong—an exceptional investment opportunity featuring four fully rented, beautifully remodeled units in desirable Middletown, each offering approximately 830 square feet of comfortable living space. Built in 1979 and thoughtfully updated, every unit includes 2 bedrooms, 1 bath, a spacious great room, and a well-appointed kitchen, with two units enjoying the added charm of a decorative fireplace in the living room. Recent upgrades include stylish new flooring, fresh interior and exterior paint, and meticulously remodeled kitchens showcasing center islands, new appliances, modern cabinetry, and updated finishes, while the refreshed bathrooms provide a clean, contemporary feel. Tenants appreciate access to the fenced side and back yard, covered carport parking, and convenient indoor laundry facilities with multiple washers and dryers. Ideally located close to shopping, the library, and the senior center in charming downtown Middletown, this turnkey fourplex offers strong rental income potential and is a standout opportunity to secure a solid, income-producing property and elevate your investment portfolio. bikeScore: 43, Somewhat Bikeable walkScore: 55, Somewhat Walkable
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.