34 Nw 21st Pl, Ocala, Florida 34475
- $475,000
Overview
- Quadruplex, Residential Income
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.
Address
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Address: 34 NW 21ST PLACE
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City: Ocala
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State/county: FL
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Zip/Postal Code: 34475
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Country: US
Details
Updated on April 18, 2026 at 10:52 am-
Property ID HZTB8498558
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Price $475,000
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Land Area 0.23 Acres
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Year Built 1981
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Property Type Quadruplex, Residential Income
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Property Status Active
Additional details
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Roof Shingle
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Utilities Electricity Connected, Sewer Connected, Water Connected
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Sewer Septic Tank
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Cooling Central Air
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Heating Central
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County Marion
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Property Type Residential Income
Features
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Down Payment
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Loan Amount
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees