829 NE 3RD STREET Ocala, FL $ 450,000
829 NE 3RD STREET
$ 450,000
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829 NE 3RD STREET

Ocala, FL, 34470
$ 450,000
Bedrooms4 Baths3.0 Sq 1,676

Monthly Estimate*

$ 2,771

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Multi-Family Home for sale in Ocala, FL

for $450,000 with 4 bedrooms and 3 full baths. This 1,676 square foot home was built in 1938 on a lot size of 0.1.

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.

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Multi-Family Active

Price

$ 450,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,072

Style

Triplex

Lot Size

0.1

Year Built

1938

Town/City

Ocala

County/Region

Marion

MLS | Web ID

O6400392

Features
General
Sewer Public Sewer
Heating Electric
Cooling Wall/Window Unit(s)
Utilities Public
Roof Shingle
Zoning R3
Construction Materials Wood Frame
Year Built 1938
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Gross Income 44100
County Marion
New Construction false
Property Type Residential Income
Subdivision Name SMITH & DAUGHERTYS ADD/CITY/O
Garage Y/N false
Status Active
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.
High School Vanguard High School
City OCALA
Senior Community Y/N false
MLS Area 34470 - Ocala
Lot Size Units Square Feet
Lot Size Square Feet 4356
Carport Y/N false
Elementary School Eighth Street Elem. School
Land Lease Y/N false
Tax Annual Amount 2072.29
Middle/Junior High School Osceola Middle School
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6400392
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 24
Total Actual Rent 3675
Legal Description SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24
Minimum Lease 8-12 Months
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Built-in Features Ceiling Fan(s)
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Laundry Room
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Fenced
Water Source Public
Lot Size Area 4356
Foundation Details Concrete Perimeter
Number of Buildings 1
Lot Dimensions 53 x 85
Lot Size Acres 0.1
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Alpha Equity Realty & Management Inc

Broker

leasing@recfl.com

Email

Affordability Calculator

$2,943
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$173
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
0 Elementary School
0 Middle School
Vanguard High School High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$450,000 Listed Price

Map


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829 NE 3RD STREET, Ocala, FL, 34470 is a Multi-Family Home for sale at $450,000 with 1,676 sqft and a lot size of 0.1. 829 NE 3RD STREET has 4 bedrooms, 3.0 baths, and was built in 1938. The property's zip code is 34470 which is in Ocala, FL