• $449,000List Price
  • ActiveStatus
  • 33Number of Photos
  • 29.208631Latitude
  • 34 NW 21st PlaceAddress
  • NW 21st PlaceStreet
  • OcalaTown
  • FLState
  • 34475Zip
  • MarionCounty
  • Residential IncomeProperty Type
  • TB8498558MLS Number
  • 2,695Square Feet
  • 1981Year Built
  • 0.23Acreage

Listing Tools

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. o Unit #34: Approximately 70% remodeled and leased for $980 per month; lease began September 1, 2026 o Unit #36: Vacant and fully remodeled o Unit #38: Approximately 70% remodeled and leased for $1,250 per month; lease began March 1, 2025 o 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.

Location

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 1, 2026 11:35 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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