John Bagnell
← INNOVATE Real Estate
Quadruplex at 1820 SE 40TH STREET RD, OCALA
Quadruplex at 1820 SE 40TH STREET RD, OCALA, photo 2 of 3
Quadruplex at 1820 SE 40TH STREET RD, OCALA, photo 3 of 3
3 photos

$564,000

1820 SE 40TH STREET RD
OCALA, FL 34480
Listed by Freddy Pinero · LOKATION
Bedrooms
8
Bathrooms
N/A
Living area
3,233 sqft
Year built
1982

About this home

Income-producing quadplex in SE Ocala's Citrus Park! This fee simple property features four 2-bedroom, 1-bathrooms with separate meters. Built in 1982 and offering 3,233 heated Sq ft, the building sits on a 0.28 acre lot in Flood Zone X. Interior finishes include tile, vinyl, and laminate flooring and includes central air. Zoned R-3 with no HOA or special sale conditions. Located minutes from SE Maricamp Rd and major conveniences, a solid turnkey investment with room to grow.

Property details

MLS #
MFROM717087
Property type
Quadruplex
Subdivision
CITRUS PARK
Status
Active
Days on market
142
On market date
January 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.28 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
SOUTH OCALA ELEMENTARY SCHOOL
0.98 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
17.3:1
District
MARION
MiddleCharter
OCALI CHARTER MIDDLE SCHOOL
1.66 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
201
Student:teacher ratio
15.5:1
District
MARION
High
HILLCREST
2.07 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
154
Student:teacher ratio
5.0:1
District
MARION

Walkability

Blended score for OCALA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

32
Car-dependent
out of 100
EPA National Walkability Index
6.2 / 20 -- Below average walkable
Google Places amenity density
33 / 100
Restaurants & cafes5
Grocery stores0
Parks1
Schools1
Transit stops0
Pharmacies2

Market position

How this listing compares to current activity in OCALA, from live MLS data.

On the market 142 days -- 42 more days than OCALA's current average of 100 days.
For reference, the median list price across 4,726 active listings in OCALA right now is $250,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
%
Adjust tax / insurance estimates
% / yr
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/mo
Est. monthly payment
$3,546/mo
$112,800 down
$451,200 loan
Principal & interest$2,926
Property tax (est.)$470
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.