For sale · Active

829 Ne 3rd Street

Ocala, FL 34470 · Smith & Daughertys Add/City/O

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4 beds3 baths1,676 sqftbuilt 1938

About this home

Income-producing LEGAL TRIPLEX in a high-demand rental pocket of Ocala 829 NE 3rd Street is currently producing $3,770 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, 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.

The essentials

Status
Active
Property type
Single Family Residence
Year built
1938
Days on market
9
Subdivision
Smith & Daughertys Add/City/O
County
Marion
MLS #
O6430764

Interior

Living area
1,676 sqft
Bedrooms
4
Bathrooms
3
Flooring
Luxury Vinyl, Tile
Interior features
Built-in Features, Ceiling Fan(s)
Cooling
Wall/Window Unit(s)
Heating
Electric

Exterior & lot

Lot size
4,356 Square Feet
Construction
Wood Frame
Roof
Shingle
Exterior features
Other

Community & costs

Annual taxes
$2,072
Ownership
Fee Simple

Listing courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC · Stellar MLS. This information is believed to be accurate, but without warranty.