34 NW 21ST PLACE Ocala, FL $ 475,000
34 NW 21ST PLACE
$ 475,000
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34 NW 21ST PLACE

Ocala, FL, 34475
$ 475,000
Baths0.0 Sq 2,695

Monthly Estimate*

$ 2,925

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Studio

Multi-Family Home for sale in Ocala, FL

for $475,000. This 2,695 square foot home was built in 1981 on a lot size of 0.23.

Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income. Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns. Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA. Ideal for investors seeking a stabilized asset with immediate cash flow and the ability to further increase returns through strategic improvements.

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Multi-Family Active

Price

$ 475,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,884

Style

Quadruplex

Lot Size

0.23

Year Built

1981

Town/City

Ocala

County/Region

Marion

MLS | Web ID

TB8498558

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Roof Shingle
Zoning R3
Construction Materials Block
Year Built 1981
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
County Marion
New Construction false
Property Type Residential Income
Subdivision Name NORTH ROADS PARK
Garage Y/N false
Status Active
Directions Exit onto US-27 / US-301 / US-441 toward Ocala. Head south toward downtown Ocala. Turn right onto NW 10th St (State Road 40). Turn left onto NW 1st Ave. Turn right onto NW 21st Pl. Property will be on the right.
City OCALA
Senior Community Y/N false
MLS Area 34475 - Ocala
Lot Size Units Square Feet
Lot Size Square Feet 10019
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 4884.98
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8498558
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 12
Legal Description SEC 05 TWP 15 RGE 22 PLAT BOOK T PAGE 070 NORTH ROADS PARK LOT 12
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Open Floorplan
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Private Entrance
Water Source Public
Lot Size Area 10019
Foundation Details Slab
Number of Buildings 1
Lot Dimensions 100 x 100
Lot Size Acres 0.23
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Exp Realty Llc

Broker

TinaSellsTampa@gmail.com

Email

Affordability Calculator

$3,332
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$475,000 Listed Price

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34 NW 21ST PLACE, Ocala, FL, 34475 is a Multi-Family Home for sale at $475,000 with 2,695 sqft and a lot size of 0.23. 34 NW 21ST PLACE is a studio with 0.0 baths and was built in 1981. The property's zip code is 34475 which is in Ocala, FL