Company Logo
SIGN UP LOGIN
$450,000

829 NE 3rd Street Ocala, FL 34470 Multi Unit - Multiple Active

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

38 Total Photos [Click to View All]

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 Highlights

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

General Information

Bedrooms: 4
Sqft: 1,676
County: Marion
High School: Vanguard High School
Subdivision: SMITH & DAUGHERTYS
Listed By:
Tatuli Kotchlamazashvili ALPHA EQUITY REALTY & MANAGEMENT INC 407-789-1002

Amenities

Built-in Features
Ceiling Fans(s)
Fence

Property Features

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
$450,000
4beds
1,676sqft
New to the Market Active
BEDS4 BATHS SQUARE FEET1,676 MLS#O6400392
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSMITH & DAUGHERTYS

Get in Touch

Contact an agent to learn more about

829 NE 3rd Street , Ocala, FL 34470.

Contact Form

Preferred Communication Method:

Estimate Your Payment

Estimated Payment

$ 1,821.69 per month $1,517.77 Principal & Interest $172.67 Property Tax $131.25 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel