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34 Nw 21st Pl, Ocala, Florida 34475

  • $449,000
  • $475,000
34 NW 21ST PLACE, Ocala, FL 34475
Active For Sale
34 Nw 21st Pl, Ocala, Florida 34475
34 NW 21ST PLACE, Ocala, FL 34475
  • $449,000
  • $475,000

Overview

Property ID: HZTB8498558
  • Quadruplex, Residential Income
  • Property Type
  • 1981
  • Year Built

Description

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. Units #34 and #36 are currently vacant.

  • Address 34 NW 21ST PLACE
  • City Ocala
  • State/county FL
  • Zip/Postal Code 34475
  • Country US

Details

Updated on September 29, 2026 at 3:36 pm
  • Property ID: HZTB8498558
  • Price: $449,000
  • Land Area: 0.23 Acres
  • Year Built: 1981
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active, For Sale

Additional details

  • Roof: Shingle
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Central
  • County: Marion
  • Property Type: Residential Income

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