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840 NE 3rd Street, Ocala, FL 34470 (MLS # OM712981)

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PRICE $550,000 dsIDX morgage calculator
BEDS 8
BATHS 8
HOME SIZE 806 sqft
LOT SIZE 15,246 sqft

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.

DAYS ON MARKET 1 LAST UPDATED 11/5/2025
TRACT OF CALDWELLS ADD YEAR BUILT 1991
COMMUNITY 34470 - Ocala COUNTY Marion
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Microwave, Refrigerator
AREA 34470 - Ocala
CONSTRUCTION Block, Concrete
HEAT Central
INTERIOR Stone Counters, Walk-In Closet(s)
LOT 0.35 acre(s)
LOT DIMENSIONS 80x190
SEWER Public Sewer
STORIES 1
SUBDIVISION OF CALDWELLS ADD
TAXES 7291
UTILITIES Electricity Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Garden
WATER Public
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 840 NE 3RD STREET
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Listing provided by Maria Walden, REAL ESTATE CONNECT LLC, 561-644-2353
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/6/25 9:07 AM PST.

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