840 NE 3rd St Ocala, FL 34470
Northeast Ocala NeighborhoodEstimated payment $3,487/month
Highlights
- Main Floor Primary Bedroom
- Garden View
- Stone Countertops
- Vanguard High School Rated A-
- End Unit
- No HOA
About This Home
Prime Value-Add Quadplex Opportunity in Ocala's Tuscawilla District just Steps from Downtown Ocala. This four-unit quadplex offers an unbeatable blend of location, potential, and immediate income. Priced to sell and primed for savvy investors, it's your canvas to capitalize on Ocala's booming rental market with the city's growth. Proven Potential with Turnkey Proof of Concept: One unit has been fully renovated to showcase contemporary flair: open-concept layouts, sleek stainless-steel appliances, luxury vinyl plank flooring, and designer finishes that command premium rents. This "model unit" generates strong cash flow right out of the gate, proving the high-ROI blueprint for the remaining three units. 3 other units are blank slates awaiting your vision—affordable cosmetic updates could unlock 20-30% rent increases per unit, transforming this property into a passive-income powerhouse. Strategic Incentives for Accelerated Returns
Seize the moment with the latest real estate tax incentives, including accelerated depreciation schedules that supercharge your write-offs and boost after-tax yields. In a market favoring multifamily investors, this quadplex positions you to deduct major renovations upfront, minimizing your effective cost basis while maximizing equity growth. Built to last with CBS construction, a durable 2017 roof ensures peace of mind for years to come. Each of the four spacious units features central air conditioning, Ample off-street parking, in unit washer and dryer hook ups. Proximity to Tuscawilla Park's green spaces, trendy eateries, and easy highway access make this a renter's dream—and a landlord's goldmine. Key Specs at a Glance : Units: 4 (1 renovated, 3 value-add ready) Location: City of Ocala – Walkable to downtown vibes, near Tuscawilla District amenities Roof: Installed 2017 HVAC: Central AC in every unit Zoning: Multifamily-friendly for seamless management Opportunity: Immediate income + renovation upside in a high-demand area Don't miss this rare chance to own a slice of Ocala's upward trajectory. Schedule your private tour today and step into ownership that pays dividends from day one. Serious inquiries only. Other units available call for more information. All information demend reliable buyer and buyer's agent to verify.
Listing Agent
REAL ESTATE CONNECT LLC Brokerage Phone: 561-644-2353 License #3331161 Listed on: 11/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,291
Year Built
- Built in 1991
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 80x190
- End Unit
Parking
- 1 Parking Garage Space
Home Design
- Quadruplex
- Fixer Upper
- Block Foundation
- Shingle Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 806 Sq Ft Home
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Garden Views
Kitchen
- Microwave
- Dishwasher
- Stone Countertops
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 8 Bathrooms
Laundry
- Laundry in unit
- Washer and Electric Dryer Hookup
Utilities
- Central Heating and Cooling System
- Thermostat
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 13 / UNK
- Assessor Parcel Number 2820-044-013
Community Details
Overview
- No Home Owners Association
- 806 Sq Ft Building
- Of Caldwells Add Subdivision
Pet Policy
- Pets up to 35 lbs
- 1 Pet Allowed
- Dogs and Cats Allowed
Building Details
- 4 Separate Electric Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,654 | $241,903 | -- | -- |
| 2023 | $5,654 | $219,912 | $0 | $0 |
| 2022 | $4,076 | $199,920 | $32,528 | $167,392 |
| 2021 | $3,660 | $171,360 | $27,392 | $143,968 |
| 2020 | $2,909 | $159,120 | $17,120 | $142,000 |
| 2019 | $2,797 | $151,470 | $26,082 | $125,388 |
| 2018 | $2,447 | $134,640 | $26,082 | $108,558 |
| 2017 | $2,280 | $123,420 | $26,082 | $97,338 |
| 2016 | $2,098 | $112,200 | $0 | $0 |
| 2015 | $1,918 | $100,980 | $0 | $0 |
| 2014 | $1,762 | $98,736 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $550,000 | -- | $682 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,340,000 | None Listed On Document | |
| Warranty Deed | $1,262,800 | -- | |
| Special Warranty Deed | $269,500 | -- | |
| Warranty Deed | $269,500 | Epic Title Llc | |
| Special Warranty Deed | $197,800 | Epic Title Llc | |
| Warranty Deed | -- | Attorney | |
| Special Warranty Deed | $176,300 | Attorney | |
| Corporate Deed | $215,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Trustee Deed | $141,900 | None Available | |
| Trustee Deed | $115,600 | None Available | |
| Warranty Deed | $110,000 | Title Offices Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,425,980 | New Conventional | |
| Previous Owner | $109,112 | FHA |
Source: Stellar MLS
MLS Number: OM712981
APN: 2820-044-013
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