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MLS# OM723371 - 840 NE 3RD STREET OCALA, FL 34470
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 unit 200 leased for $1350.00 unit 400 on a month to month leased at $950.00 + 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.

WALDEN & CO REALTY LLC is the brokerage office representing the owner for this listing.
© Copyright 2026, My Florida Regional MLS DBA Stellar MLS. all rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS distributed by MLS GRID. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ALM Realty & Services, Inc., a broker participant of the My Florida Regional MLS DBA Stellar MLS. Stellar MLS data last updated at 4/24/2026 8:17:00 AM.

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 unit 200 leased for $1350.00 unit 400 on a month to month leased at $950.00 + 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.

WALDEN & CO REALTY LLC is the brokerage office representing the owner for this listing.
© Copyright 2026, My Florida Regional MLS DBA Stellar MLS. all rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS distributed by MLS GRID. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ALM Realty & Services, Inc., a broker participant of the My Florida Regional MLS DBA Stellar MLS. Stellar MLS data last updated at 4/24/2026 8:17:00 AM.