An excellent investment opportunity in the City of Middletown: three properties with several sources of rental income in one portfolio: The offering includes a four-family home, a two-family home, and a separate parcel with income-producing billboards and a five-bay garage. All six apartments are occupied and consists of two-bedroom units. The tenants pay for their own electric and gas. Each unit has its own furnace and hot water heater. Behind the four-family home, a five-bay garage brings the portfolio to total of 10 garage bays in total. Both residential buildings have newer siding and the roofs are less than a year old. With the apartment, garage, and billboard income, this well-maintained portfolio offers a strong foundation for a long-term investment.
For sale
$989,900
393 North Street, Middletown, NY 10940
8beds
3,698sqft
Quadruplex, Multi Family
Built in 1903
-- sqft lot
$-- Zestimate®
$268/sqft
$-- HOA
What's special
Five-bay garageNewer sidingTwo-bedroom units
- 47 days
- 460
- 33
Zillow last checked:
Listing updated:
Listed by:
RE/MAX Benchmark Realty Group 845-341-0004,
Patricia M Sassi 845-800-3937,
Robert Sassi 845-800-0758,
RE/MAX Benchmark Realty Group
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1054839
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- None
Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
- Flooring: Laminate
- Basement: Unfinished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,698
- Total interior livable area: 3,698 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Size: 8,951 Square Feet
Details
- Parcel number: 3309000080000009003.0000000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex, Multi Family
Materials
- Block, Frame, Stone
Condition
- Estimated
- Year built: 1903
- Major remodel year: 1903
Utilities & green energy
- Gas: Separate Gas Meters: 4
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Middletown
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $26,300
- Annual tax amount: $7,361
- Date on market: 9/24/2026
- Cumulative days on market: 48 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $989,900$268/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 10940
Nearby schools
Schools provided by the listing agent
- Elementary: William A Carter School
- Middle: Middletown Twin Towers Middle Sch
- High: Middletown High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





