840 NE 3RD STREET, Ocala, FL 34470

• 8 beds |
• 8 baths |
• 806 sqft

Property Description

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 Status:

Active

Date Added:

November 5, 2025 at 06:00AM

Listing Office:

REAL ESTATE CONNECT LLC : 561-644-2353

Listing Agent:

Maria Walden : 561-644-2353

MLS ID:

OM712981

Interior

• General: Ceiling Fans(s)Living Room/Dining Room ComboPrimary Bedroom Main FloorStone CountersThermostatWalk-In Closet(s)Window Treatments
• Appliances: DishwasherMicrowaveRefrigerator
• Laundry: Electric Dryer HookupInsideWasher Hookup
• A/C: Central Air
• Heating: Central

Exterior

• General: Sidewalk

Construction

• Roofing: Shingle
• Windows: Blinds
• General: BlockConcreteOneBlock

Location

• Road/Access: AsphaltPaved
• Originating MLS: Stellar MLS
• County: Marion

Lot

• Zoning: R3SEC 17 TWP 15 RGE 22 PLAT BOOK B PAGE 244 SUB LOT 44 OF CALDWELLS ADD OCALA LOT 13 & BEGIN AT NE COR OF LOT 13 TH E 9 FT TH S 00-08-57 E 187.70 FT TH S 89-54-06 W 9 FT TH N 00-08-57 W 187.72 FT TO THE POB2820-044-013
• View: Garden

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple

This listing courtesy of Maria Walden, REAL ESTATE CONNECT LLC