$579,000

Estimated payment $3,800/month

-- Bed
-- Bath
3,417 Sq Ft
$169 Price per Sq Ft

Highlights

  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Fenced
  • Forest High School Rated A-
  • Ceiling Fan

About This Home

Investor opportunity in desirable Southeast Ocala! This quadplex consists of four 2-bedroom, 2-bathroom units generating approximately $5,443/month ($65,316 annually) at full occupancy. Currently, three units are leased with one recently vacated—offering immediate upside to place a new tenant at market rent or for potential owner-occupancy.
Current rent roll: Apt A – $1,400/mo (lease through 03/31/2027)
Apt B – $1,350/mo (renewed, Section 8)
Apt C – $1,393/mo (Section 8)
Apt D – $1,300/mo (recently vacated). Two units have been renovated with vinyl flooring, updated kitchens, and bathrooms, while two remain unrenovated with tile flooring, providing clear value-add potential to increase rents and returns. Each unit features a front porch, functional layouts, and strong tenant appeal.
Major improvements include a new roof (2025) and a new $25,000 driveway (Dec 2025). Landscaping is maintained weekly. HOA is $142.72/month and includes trash service. Tenants pay water and electric, helping keep operating expenses low.
Conveniently located near shopping, dining, and major roadways, supporting consistent rental demand in Ocala’s growing market. Whether you're looking for a cash-flowing asset with upside or a value-add opportunity, this property delivers. Schedule your showing today!

Listing Agent

Tina White

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3435934 Listed on: 04/22/2026

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,047

Year Built

  • Built in 1984

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 100x110
  • Fenced

HOA Fees

  • $143 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,417 Sq Ft Home
  • Ceiling Fan
  • Eat-In Kitchen
  • Laundry in unit

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 12 / A
  • Assessor Parcel Number 29698-001-12

Community Details

Overview

  • Greenfields 01 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,047

Year Built

Built in 1984

Lot Details

0.25 Acres

HOA Fees

$143 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3417
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1984
  • Lot Size Sq Ft: 10890
  • Status: Active
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 169.45
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 888-883-8509
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen
  • Foundation Details: Slab
  • Other Equipment: Private Entrance
  • Living Area Meters: 317.45

Exterior Features

  • Exterior Features: Fence, Private Entrance
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0545D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 142.72
  • Association Fee Frequency: Monthly
  • Association Name: N/A
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1712.64
  • Total Monthly Fees: 142.72
  • Monthly HOA Amount: 142.72

Lot Info

  • Zoning: R3
  • Parcel Number: 29698-001-12
  • Additional Parcels: No
  • Lot Dimensions: 100x110
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 7046.59
  • Tax Block: A
  • Tax Book Number: W-029GREENFI
  • Tax Lot: 12

Multi Family

  • Total Num Buildings: 1

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,047 $314,967 -- --
2024 $5,799 $286,334 -- --
2023 $5,475 $260,304 $0 $0
2022 $4,907 $236,640 $20,000 $216,640
2021 $3,868 $165,240 $20,000 $145,240
2020 $3,571 $151,470 $20,000 $131,470
2019 $3,435 $145,860 $20,000 $125,860
2018 $3,022 $117,300 $20,000 $97,300
2017 $2,864 $107,100 $19,580 $87,520
2016 $2,803 $107,100 $0 $0
2015 $2,722 $102,000 $0 $0
2014 $2,385 $85,272 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 For Sale $579,000 -- $169 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 Marion Lake Sumter Title Llc
Quit Claim Deed -- Attorney
Warranty Deed $240,000 Attorney
Special Warranty Deed $76,000 Premium Title Services Inc
Trustee Deed $31,600 Attorney
Personal Reps Deed -- Attorney
Corporate Deed $255,000 All American Land Title Insu
Warranty Deed $67,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $222,750 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $127,500 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

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Source: Stellar MLS

MLS Number: TB8498918

Stellar MLS

APN: 29698-001-12

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