About this home

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.

Facts and features

Schools

• Presidential Park Elementary School

  elementary · K-5 · 0.6 mi

  5

• Middletown High School

  high · 9-12 · 0.9 mi

  5

• Middletown Twin Towers Middle School

  middle · 6-8 · 0.6 mi

  4

• New Beginnings Montessori

  elementary · PK-2 · 0.6 mi

• Middletown Christian School-Sda

  elementary · K-8 · 0.8 mi

• William A Carter School

  elementary · K-5 · 1.4 mi

  5

Price history

• Sep 24, 2026 · Listed$989,900
• Jul 28, 1980 · Sold$35,000

Tax history

• 2026$7,361 tax · $26,300 assessed
• 2025$7,306 tax · $26,300 assessed
• 2024$7,303 tax · $26,300 assessed
• 2023$7,145 tax · $26,300 assessed
• 2022$7,093 tax · $26,300 assessed
• 2021$7,387 tax · $26,300 assessed
• 2020$3,045 tax · $26,300 assessed
• 2017$6,849 tax · $26,300 assessed

Where it is