BEDS4
BATHS3 full
SQUARE FEET1,676
MLS#O6406552
STATUSActive
PROPERTY TYPEResidential - Single Family
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.
Property Features
Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.10 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,072
Year Built: 1938
Amenities
Ceiling Fans(s)
Walk-In Closet(s)
Private Yard
Feature Descriptions
Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer
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
Flooring: Laminate
Foundation: Concrete Perimeter
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot Dimensions: 0.1
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: R3
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
Estimate Your Payment
Estimated Payment
$ 1,305.42 per month $1,001.50 Principal & Interest $172.67 Property Tax $131.25 Homeowner's Insurance
829 NE 3rd Street | MLS# O6406552
This single family home located at 829 NE 3rd Street , Ocala, FL 34470 is currently listed for sale with an asking price of $450,000. This property was built in 1938 and has 4 bedrooms and 3 full baths with 1676 sq. ft. NE 3rd Street is located in the SMITH & DAUGHERTYS subdivision. Search SMITH & DAUGHERTYS real estate on www.realty100.com today.