$369,999
PENDING

Estimated payment $2,478/month

Total Views 202
6 Beds
3 Baths
3,168 Sq Ft
$117 Price per Sq Ft

Highlights

  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Forest High School Rated A-
  • No HOA
  • Sliding Doors

About This Home

Under contract-accepting backup offers. Turnkey Triplex – Immediate Cash Flow & Value-Add Potential
4201 SE 22nd Ave, Ocala, FL

Fully occupied triplex with three 2-bedroom, 1-bath units, each over 1,000 sq. ft. Current rents are $900, $900, and $950, all below market rates. Lease expirations in November 2025, December 2025, and January 2026 provide an excellent opportunity to adjust rents to market levels and increase ROI. Solid block construction, 2013 roof, ample parking, ample outdoor space and a convenient Ocala location near major roads and amenities. A rare chance to acquire a turnkey, income-producing property priced below market value with upside potential.

Listing Agent

Forrest Opitz

GUS GALLOWAY REALTY INC Brokerage Phone: 352-622-8127 License #3587467 Listed on: 08/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,542

Year Built

  • Built in 1980

Lot Details

  • 0.33 Acre Lot

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,168 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Eat-In Kitchen
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Citrus Park Subdivision

Building Details

  • Operating Expense $8,532
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,542

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3168
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1980
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 14374
  • Tenant Pays: Electricity, Trash Collection, Water
  • Directions to Property: If traveling north on Lake Weir Ave, turn right immediately on to SE 38th St and then a right on SE 22nd Ave. Home will be at the end of the street on the left. Corner Lot.
  • Status: Pending
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044874
  • RATIO Current Price By Calculate: 116.79
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-622-8127
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Street Number Modifier: 4201
  • Living Area Meters: 294.32

Exterior Features

  • Exterior Features: Lighting, Private Mailbox, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R3
  • Parcel Number: 3120-011-012
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 1335

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2800
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 33600
  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 1
  • Total Monthly Expenses: 711

Tax Info

  • Tax Annual Amount: 5542
  • Tax Block: K
  • Tax Book Number: 5
  • Tax Lot: 12

Map

Range of Values:

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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
2024 $5,713 $275,400 -- --
2023 $5,713 $147,846 $0 $0
2022 $3,995 $134,405 $0 $0
2021 $3,898 $177,480 $30,000 $147,480
2020 $3,508 $133,875 $15,000 $118,875
2019 $3,200 $100,980 $8,000 $92,980
2018 $2,984 $92,565 $8,000 $84,565
2017 $3,198 $105,570 $8,000 $97,570
2016 $3,150 $100,980 $0 $0
2015 $2,329 $91,800 $0 $0
2014 -- $91,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Pending -- -- --
08/11/2025 08/11/25 For Sale $369,999 +21.3% $117 / Sq Ft
04/11/2025 04/11/25 Sold $305,000 -6.2% $96 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $324,999 0.0% $103 / Sq Ft
04/30/2020 04/30/20 Off Market $500 -- --
04/27/2015 04/27/15 Sold $98,000 -38.4% $31 / Sq Ft
03/28/2015 03/28/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $159,000 0.0% $50 / Sq Ft
11/02/2012 11/02/12 Rented $500 0.0% --
10/03/2012 10/03/12 Under Contract -- -- --
09/25/2012 09/25/12 For Rent $500 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $305,000 Affiliated Title Of Central Fl
Warranty Deed $305,000 Affiliated Title Of Central Fl
Warranty Deed $98,000 Superior Title Ins Agency In
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 Balloon
Previous Owner $250,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $36,000 Unknown
Source: Public Records

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Source: Stellar MLS

MLS Number: OM707265

Stellar MLS

APN: 3120-011-012