Home for Sale
$515,000
6 bd · 4 ba · 3,066 sqft
OCALA, FL 34475 · MLS# TB8498558 · Active · NORTH ROADS PARK
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.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
34 NW 21ST PLACE, OCALA, FL 34475 · See all Ocala homes for sale
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34 NW 21ST PLACE is a multi-family home for sale in OCALA, FL 34475. This property was listed for sale on April 15, 2026 by EXP REALTY LLC, it's currently listed at $475,000. This listing's school district is Marion Public Schools. 34 NW 21ST PLACE is a 0-bed, 0-bath, 2,695 sqft multi-family home built in 1981.