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829 NE 3rd Street , Ocala, FL 34470

$450,000
  • 829 NE 3rd Street , Ocala, FL 34470 Main Photo

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New to the Market Active
BEDS4 BATHS SQUARE FEET1,676 MLS#O6400392
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSMITH & DAUGHERTYS

Property Description

Income-producing opportunity in a high-demand rental pocket of Ocala - this well-maintained triplex at 829 NE 3rd Street is currently producing $3,675 in total monthly rent, offering a compelling blend of immediate cash flow and long-term upside. Positioned just minutes from downtown, the property sits on a spacious, tree-lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, supporting strong rental appeal and tenant retention. A dedicated on-site laundry area adds additional convenience and operational efficiency. With durable interior finishes and broad tenant appeal, the property is well-positioned to minimize turnover and support stable occupancy. For investors, the opportunity lies in rent optimization and continued market appreciation, with potential to increase returns through strategic management and incremental improvements. Whether you're looking for a cash-flowing asset today or a value-add play with upside, this triplex delivers a strong foundation for both income and growth.

829 NE 3rd Street | MLS# O6400392

This multi-family property located at 829 NE 3rd Street , Ocala, FL 34470 is currently listed for sale with an asking price of $450,000. Search Ocala real estate on www.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.10 Acres
Roof Type: Shingle
Taxes: $2,072
Year Built: 1938

Amenities

Built-in Features
Ceiling Fans(s)
Fence

Feature Descriptions

Annual Net Income: 36601.00
Directions: From E Silver Springs Blvd (SR-40): Head north on NE 8th Ave, turn right onto NE 8th St, then right onto NE 3rd St. Property is on the left.
Exterior: Frame
Flood Zone Code: AE
Foundation: Concrete Perimeter
Home Warranty Y/N: No
Lot Dimensions: 0.1
Ownership: Fee Simple
Pets Restrictions: BUYER AND BUYER'S AGENT ARE RESPONSIBLE TO VERIFY PET RESTRICTIONS WITH THE HOA.
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: R3

Local Schools

High School: Vanguard High School
Middle School: Osceola Middle School
Elementary School: Eighth Street Elem. School

Listed By / Shown By

Listed By

Agency Name: ALPHA EQUITY REALTY & MANAGEMENT INC
Agency Contact: 407-789-1002

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 1,305.42 per month $1,001.50 Principal & Interest $172.67 Property Tax $131.25 Homeowner's Insurance

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