UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,417 sqft
Price per Sqft $168
Subdivision Greenfields 01
MLS Listing ID TB8498918
Bedrooms 8
HOA Fees $142/mo
HOA Y/N Yes
Annual Recurring Fee 1712.64
Year Built 1984
Annual Tax Amount $7,046
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 100x110
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Current rent roll:
Apt 34 (1/1): $1,150/month – Month-to-month (Section 8, planning to relocate)
Apt 36 (1/1): – VACANT
Apt 38 (2/1): $1,250/month – Lease ends 10/31/2026
Apt 40 (2/1): $1,300/month – Lease ends 10/31/2026
Two units have been renovated with vinyl flooring, updated kitchens, and bathrooms, while two remain unrenovated with tile flooring, providing clear value-add potential to increase rents and returns. Each unit features a front porch, functional layouts, and strong tenant appeal.
Major improvements include a new roof (2025) and a new $25,000 driveway (Dec 2025). Landscaping is maintained weekly. HOA is $142.72/month and includes trash service. Tenants pay water and electric, helping keep operating expenses low.
Conveniently located near shopping, dining, and major roadways, supporting consistent rental demand in Ocala's growing market. Whether you're looking for a cash-flowing asset with upside or a value-add opportunity, this property delivers. Schedule your showing today!
Location
State FL
County Marion
Community Greenfields 01
Area 34480 - Ocala
Zoning R3
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Fence, Private Entrance
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $142
Membership Fee Required Required
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8498918
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