829 NE 3RD ST, OCALA, FL, 34470
$450,000
Residential
Bedrooms
4
Bathrooms
3
Living Area
1,676 Sqft
Lot Size
4,356 Sqft
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 Details
Property Features Property Features
MLS ID: MFRO6406552 Year Built: 1938
Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer Construction Materials: Frame
Cooling: Wall/Window Unit(s) Country: US
County Or Parish: Marion Direction Faces: Northeast
Exterior Features: Private Yard Flooring: Laminate
Foundation Details: Concrete Perimeter Furnished: Unfurnished
Heating: Ductless Laundry Features: Laundry Room
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, Other Occupant Type: Tenant
Other Equipment: Private Yard Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Public Water Source: Public
Rooms Rooms
Primary Bedroom: Primary Bathroom:
Bathroom 2: Bathroom 3:
Bathroom 4: Kitchen:
Living Room: Laundry:
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