$449,000
About this home
Income-producing four-unit multifamily property with value-add potential in Ocala. The property features two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. • Unit #34: Approximately 70% remodeled and leased for $980 per month; lease began September 1, 2026 • Unit #36: Vacant and fully remodeled • Unit #38: Approximately 70% remodeled and leased for $1,250 per month; lease began March 1, 2025 • Unit #40: Currently being remodeled Major improvements include a NEW ROOF completed in 2025, continued property maintenance and weekly landscaping service. Tenants pay electricity, sewer and trash, while the owner pays water, averaging approximately $120 per month. No HOA. An excellent opportunity for current rental income with additional upside through completed renovations, leasing the vacant units and future rent adjustments. Some photos have been virtually staged for illustrative purposes.
Property details
- MLS
- Stellar MLS
- MLS #
- MFRTB8498558
- Property type
- Quadruplex
- Subdivision
- NORTH ROADS PARK
- Status
- Active
- Days on market
- 168
- 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. 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.
- 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, 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).
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 20 days ago.
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.