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.
For sale
Listed by: RE/MAX Gold Lake County
$795,000
15692 Armstrong St, Middletown, CA 95461
8beds
3,320sqft
Quadruplex
Built in 1979
-- sqft lot
$-- Zestimate®
$239/sqft
$-- HOA
What's special
Modern cabinetryStylish new flooringCenter islandsUpdated finishesMeticulously remodeled kitchensNew appliancesSpacious great room
- 32 days |
- 264 |
- 8 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lorrie McMurray DRE #01348596 707-355-1553,
RE/MAX Gold Lake County,
Kaicie Mcmurray DRE #01827412 831-687-9025,
Sherman & Boone Realtors
Source: CRMLS,MLS#: LC26116811
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 4
- Main level bedrooms: 8
Rooms
- Room types: Great Room
Heating
- Baseboard
Cooling
- Electric, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater
- Laundry: Common Area, Inside
Features
- Balcony, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Open Floorplan, Storage
- Flooring: Carpet, Laminate, Wood
- Has fireplace: Yes
- Fireplace features: Decorative, Family Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 3,320 sqft
Property
Parking
- Total spaces: 12
- Parking features: Carport, On Site, One Space
- Carport spaces: 4
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Exterior features: Awning(s)
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.35 Acres
- Features: 2-5 Units/Acre, Garden
Details
- Parcel number: 024452060000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Concrete, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None
Community & HOA
Community
- Features: Foothills
Location
- Region: Middletown
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $574,160
- Annual tax amount: $7,283
- Date on market: 5/29/2026
- Cumulative days on market: 32 days
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,921/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $795,000$239/sqft |
Source:  CRMLS #LC26090150 Report a problem | ||
| 5/7/2026 | Contingent | $795,000$239/sqft |
Source: CRMLS #LC26090150 Report a problem | ||
| 4/29/2026 | Listed for sale | $795,000+51.4%$239/sqft |
Source: CRMLS #LC26090150 Report a problem | ||
| 12/28/2025 | Listing removed | $1,795$1/sqft |
Source: CRMLS #LC25197210 Report a problem | ||
| 9/4/2025 | Price change | $1,795-5.3%$1/sqft |
Source: CRMLS #LC25197210 Report a problem | ||
| 9/2/2025 | Listed for rent | $1,895+345.9%$1/sqft |
Source: CRMLS #LC25197210 Report a problem | ||
| 11/18/2020 | Listing removed | $425 |
Source: Sherman and Boone Real Estate Report a problem | ||
| 11/10/2020 | Listed for rent | $425 |
Source: Sherman and Boone Real Estate Report a problem | ||
| 10/2/2020 | Listing removed | $425 |
Source: Sherman and Boone Real Estate Report a problem | ||
| 9/28/2020 | Listed for rent | $425 |
Source: Sherman and Boone Real Estate Report a problem | ||
| 6/4/2020 | Sold | $525,000-19.2%$158/sqft |
Source:  CRMLS #LC20067069 Report a problem | ||
| 4/28/2020 | Pending sale | $650,000$196/sqft |
Source: Re/Max Gold #LC20067069 Report a problem | ||
| 4/9/2020 | Listed for sale | $650,000$196/sqft |
Source: Re/Max Gold #LC20067069 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,283 +1.1% | $574,160 +2% |
| 2024 | $7,202 +2.1% | $562,903 +2% |
| 2023 | $7,053 +4.5% | $551,866 +2% |
| 2022 | $6,749 +4.9% | $541,046 +2% |
| 2021 | $6,436 +78.5% | $530,438 +95.1% |
| 2020 | $3,605 +3.2% | $271,818 +2% |
| 2019 | $3,493 +12.9% | $266,489 +2% |
| 2018 | $3,095 +3.5% | $261,264 +2% |
| 2017 | $2,990 | $256,142 +2% |
| 2016 | -- | $251,121 +1.5% |
| 2015 | -- | $247,350 +2% |
| 2014 | -- | $242,506 +0.5% |
| 2013 | $2,849 +1.7% | $241,411 +2% |
| 2012 | $2,801 +2.2% | $236,679 +2% |
| 2011 | $2,741 +2.4% | $232,039 +0.8% |
| 2010 | $2,675 -13.9% | $230,306 +1.8% |
| 2008 | $3,109 +15.4% | $226,327 +2% |
| 2007 | $2,695 -6% | $221,890 +2% |
| 2006 | $2,867 +1.9% | $217,540 +2% |
| 2005 | $2,814 +0.2% | $213,275 +2% |
| 2004 | $2,807 -0.1% | $209,094 +1.9% |
| 2003 | $2,809 +0.1% | $205,263 +2% |
| 2002 | $2,805 +9.9% | $201,240 +2% |
| 2001 | $2,551 -0.1% | $197,295 +2% |
| 2000 | $2,553 | $193,428 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 95461
Nearby schools
GreatSchools rating
- 4/10Minnie Cannon Elementary SchoolGrades: K-6Distance: 0.3 mi
- 5/10Middletown Middle SchoolGrades: 6-8Distance: 0.3 mi
- 8/10Middletown High SchoolGrades: 9-12Distance: 0.4 mi
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- California
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- Middletown
- 95461
- 15692 Armstrong St
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