Description

** Prime Income-Producing Quadplex in the Heart of Apple Valley!** Welcome to 15400 Kiamichi Rd, a fantastic opportunity to own a well-maintained 4-unit income property situated on a spacious 17,020 sq ft lot. With a total building size of 3,753 sq ft, this quadplex offers a versatile unit mix ideal for both seasoned investors and owner-occupants looking to maximize returns. The property features three 2-bedroom, 1-bath units (approx. 875 sq ft each) and a larger manager’s unit offering 2 bedrooms + bonus room/office, 2 bathrooms (approx. 1,000+ sq ft)—perfect for on-site management or additional rental income potential. Each unit is equipped with central heating and air (roof units), while the property benefits from individual gas and electric meters, helping keep expenses streamlined. Tenants enjoy covered carports with private storage closets, plus access to a community laundry facility with washer and dryer included. This property is fully gated with an automatic entry gate, offering added security alongside a camera system, concrete driveway, and common area space. Additional perks include copper plumbing, granite countertops, and tile/carpet flooring throughout each unit. Apartment #4 features a new water heater installed in 2026. Connected to public water and sewer, this asset is built for long-term stability and ease of management. Value-Add Opportunity: With market rents in the area ranging from approximately $1,400–$1,800 per unit, there is strong potential for increased cash flow depending on management and occupancy strategy. Whether you’re expanding your portfolio or looking for a property with both immediate income and future upside, this quadplex checks all the boxes.