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    Remodeled Quadplex with Carport Parking
    Updated: Apr 28
    Remodeled Quadplex with Carport Parking

    15692 Armstrong, Middletown, CA 95461

    $795,000
    3,320 sqft 0.35 AC lot
    Four fully rented units in a quadplex built in 1979
    Each unit offers two bedrooms, one bath, and a spacious great room
    Remodeled kitchens with center islands, new appliances, modern cabinetry, and updated finishes
    Fenced side and back yard access plus covered carport parking
    Indoor laundry with multiple washers and dryers
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    This listing looks promising.

    Here's a quick look at some key insights for

    15692 Armstrong, Middletown, CA 95461

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    • Est. Cap Rate

      3.6%
      NOI ÷ price

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $406K
      Suggested

    • Property Type

      Triplex
      Built 1978
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    Turnkey Four-Unit Residential Property
    Updated: Apr 28
    Turnkey Four-Unit Residential Property

    15692 Armstrong, Middletown, CA 95461

    $795,000
    Four fully rented 2 bed, 1 bath units in a fourplex in Middletown
    Built in 1979; each unit offers approximately 830 SF with a great room and kitchen
    Recent updates include new flooring, fresh interior and exterior paint, and remodeled kitchens with center islands and new appliances
    Bathrooms have been refreshed with updated finishes
    Each unit has indoor laundry with multiple washers and dryers, plus covered carport parking
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    Remodeled Fourplex Income Property
    Remodeled Fourplex Income Property

    15692 Armstrong, Middletown, CA 95461

    $795,000

    Four fully rented, remodeled units with in-unit laundry, covered carport parking, and shared yard access in Middletown.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Middletown, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lakeport Four-Unit Apartment Building
    Lakeport Four-Unit Apartment Building

    65 Royale, Lakeport, CA 95453

    $619,000
    3,200 sqft 0.15 AC lot

    Fully rented four-unit building in downtown Lakeport, excellent investment opportunity.

    View details
    Four-Unit Apartment Building
    Four-Unit Apartment Building

    65 Royale, Lakeport, CA 95453

    $619,000
    0.16 AC lot

    Fully rented four-unit apartment building with two-bedroom, one-bath units and a recently replaced roof.

    View details
    Well-Maintained Fourplex with Covered Parking
    Well-Maintained Fourplex with Covered Parking

    406 Klute St, Santa Rosa, CA 95401

    $1,245,000

    Four-unit mix with covered parking, private storage, and coin-operated laundry generating stated monthly gross rental income.

    View details
    Townhouse-Style Fourplex
    Townhouse-Style Fourplex

    600 Pacific Ave, Santa Rosa, CA 95404

    $1,388,000

    Townhouse-style fourplex with three 2-bedroom units and one 3-bedroom unit, all extensively remodeled with private patios and parking.

    View details

    Middletown, CA Quadplexes Market Trends and Statistics

    Explore 3 quadplexes for sale in Middletown, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,320 square feet of properties for sale, with an estimated market value of $2,385,000.

    Sale prices for four-unit buildings in Middletown, CA average $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 3
    Duplexes 1
    Mobile home & RV parks 1
    Short term rental properties 1

    Demographics Overview

    Population 3,720
    Population Growth (5Y) +52.5%
    Median Household Income $81,830
    College Educated 29.2%

    High-Yield Neighborhoods for Investment

    Identify Middletown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    95461 $795K

    Taxes & Financing

    Tax Rate (average for all types) 1.17%
    Property Tax per SF $44.72 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

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