829 NE 3RD STREET OCALA FL 34470 MLS #O6400392

829 NE 3RD STREET
OCALA, FL, 34470
$450,000
4 Beds
3 Baths
1,676 SqFt
0.1 Acres
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MLS #O6400392 image #0
Income-producing opportunity in a high-demand rental pocket of Ocala — this well-maintained triplex at 829 NE 3rd Street is currently producing $3,675 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 with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, 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.

Property Details

Price:
$450,000
MLS #:
O6400392
Status:
Active
Beds:
4
Baths:
3
Type:
Multi Family
Subtype:
Triplex
Subdivision:
SMITH & DAUGHERTYS ADD/CITY/O
Neighborhood:
34470ocala
Listed Date:
Apr 28, 2026
Finished Sq Ft:
1,676
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
1938
34470 – Ocala34470ocalaSmith & Daughertys Add/city/oEighth Street Elem. SchoolOsceola Middle SchoolVanguard High SchoolBuyer And Buyer’s Agent Are Responsible To Verify Lease Restrictions With The Hoa.8-12 Months

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Schools

Elementary School:
Eighth Street Elem. School
Middle School:
Osceola Middle School
High School:
Vanguard High School

Interior

Cooling
Wall/Window Unit(s)
Heating
Electric
Interior Features
Built-in Features, Ceiling Fan(s)
Laundry Features
Laundry Room

Exterior

Construction Materials
Wood Frame
Exterior Features
Fenced
Roof
Shingle
Window Features
Blinds

Financial

Tax Year
2025
Taxes
$2,072

Map

Community

Subdivisions in OCALA

Market Summary

Current real estate data for Multi Family in OCALA as of Apr 30, 2026
34
Multi Family Listed
99
Avg DOM
175
Avg $ / SqFt
$480,344
Avg List Price

Property Summary

    Located in the SMITH & DAUGHERTYS ADD/CITY/O subdivision, 829 NE 3RD STREET OCALA FL is a Multi Family for sale in OCALA, FL, 34470. It is listed for $450,000 To schedule a showing of MLS#o6400392 at 829 NE 3RD STREET in OCALA, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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