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Alba Lange
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$450,000

829 NE 3rd Street Ocala, FL 34470 Multi Unit - Multiple Active

  • 829 NE 3rd Street , Ocala, FL 34470 Main Photo

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Description

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 Highlights

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.10 Acres
Roof Type: Shingle
Taxes: $2,072
Year Built: 1938

General Information

Bedrooms: 4
Sqft: 1,676
County: Marion
High School: Vanguard High School
Subdivision: SMITH & DAUGHERTYS
Listed By:
Tatuli Kotchlamazashvili ALPHA EQUITY REALTY & MANAGEMENT INC 407-789-1002

Amenities

Built-in Features
Ceiling Fans(s)
Fence

Property Features

Annual Net Income: 36601.00
Directions: From E Silver Springs Blvd (SR-40): Head north on NE 8th Ave, turn right onto NE 8th St, then right onto NE 3rd St. Property is on the left.
Exterior: Frame
Flood Zone Code: AE
Foundation: Concrete Perimeter
Home Warranty Y/N: No
Lot Dimensions: 0.1
Ownership: Fee Simple
Pets Restrictions: BUYER AND BUYER'S AGENT ARE RESPONSIBLE TO VERIFY PET RESTRICTIONS WITH THE HOA.
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: R3
$450,000
4beds
1,676sqft
New to the Market Active
BEDS4 BATHS SQUARE FEET1,676 MLS#O6400392
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSMITH & DAUGHERTYS

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829 NE 3rd Street , Ocala, FL 34470.

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Estimated Payment

$ 1,821.69 per month $1,517.77 Principal & Interest $172.67 Property Tax $131.25 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/29/2026. The listing information on this page last changed on 04/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/29/2026 3:18:19 AM EST) or Stellar MLS (last updated Wed 04/29/2026 1:58:56 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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