$475,000
About this home
Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income. Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns. Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA. Ideal for investors seeking a stabilized asset with immediate cash flow and the ability to further increase returns through strategic improvements. Units #34 and #36 are currently vacant.
Property details
- MLS #
- MFRTB8498558
- Property type
- Quadruplex
- Subdivision
- NORTH ROADS PARK
- Status
- Active
- Days on market
- 96
- On market date
- April 17, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.23 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 439
- Student:teacher ratio
- 15.1:1
- District
- MARION
- Enrollment
- 1,019
- Student:teacher ratio
- 19.2:1
- District
- MARION
- Enrollment
- 1,596
- Student:teacher ratio
- 23.1:1
- District
- MARION
Walkability
Blended score for OCALA's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in OCALA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 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.