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Ocala Quadplex: Investor-Ready Income Property

2000 SE 40TH STREET Rd, Ocala, FL 34480

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For Sale

$574,000

Fully occupied Ocala quadplex with immediate cash flow potential.

Type:Investment

Property size:

3,233 SF

Lot size:

0.28 Acres

Price / SF:

$177/SF

HighLights

Fully occupied quadplex generating immediate cash flow.
Four spacious 2‑bedroom units, each with separate metering.
Fee simple ownership with no HOA or special sale conditions.
Solid rental history and income‑generating potential.
Zoned R‑3, offering scalability and long‑term upside.
Located in Flood Zone X, minimizing flood risk.

We can help!

Listing Contact

Freddy Pinero

Learn more

For Sale

$574,000

Fully occupied Ocala quadplex with immediate cash flow potential.

Type:Investment

Property size:

3,233 SF

Lot size:

0.28 Acres

Price / SF:

$177/SF

Added:: Apr 24, 2026
Days on Market:: 61
Last Refresh:: Apr 24 at 3:33 pm

Property Features for 2000 SE 40TH STREET Rd

General Information

Standard status: Active
Size: 3,233 SF
Lot size: 0.28 Acres
Property subtype: Investment

Building Details

Year Built: 1983

We can help!

Listing Contact

Freddy Pinero

Listing agent Freddy Pinero License #3272081

Listing office LoKation Real Estate

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of LoKation Real Estate

HighLights

Fully occupied quadplex generating immediate cash flow.
Four spacious 2‑bedroom units, each with separate metering.
Fee simple ownership with no HOA or special sale conditions.
Solid rental history and income‑generating potential.
Zoned R‑3, offering scalability and long‑term upside.
Located in Flood Zone X, minimizing flood risk.

Overview

This investor-ready quadplex is located in Ocala and features four 2-bedroom units, each with 1 bathroom and separate metering. The property has a total of 3,233 heated square feet and a solid rental history. Situated on a 0.28-acre lot in Citrus Park, the building features wood siding, a shingle roof, and central air. Interior finishes include tile, vinyl, and laminate flooring. The property is zoned R-3 and located in Flood Zone X. It is located minutes from SE Maricamp Rd and major conveniences. The property has a bike score of 26, walk score of 17, and transit score of 0.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$91.2k	$28.20
− Vacancy	−$5.7k	−$1.78
EGI	$85.4k	$26.42
− OpEx	−$38.4k	−$11.89
NOI	$47.0k	$14.53

3,233 SF · lease $28.20/SF/yr · vacancy 6.30% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$671.2K

$587.3K – $783.1K (±1% cap)

NOI $46,985 @ 7.0% cap · market cap 8.19%

Second Best

Multifamily LT 5

$667.5K

$584.1K – $778.8K (±1% cap)

NOI $46,726 @ 7.0% cap · market cap 8.14%

Theoretical Best

Office A

$1.77M

$1.54M – $2.06M (±1% cap)

NOI $123,582 @ 7.0% cap · market cap 21.53%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Ocala
County: Marion
State: Florida
Longitude: -82.110214
Latitude: 29.146728

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For sale
Quadplexes
FL
Ocala
34480
2000 SE 40TH STREET Rd

What type of property is this?

Quadplex - Fully occupied Ocala quadplex with immediate cash flow potential.

Where is this quadplex located?

The property is located at 2000 SE 40TH STREET Rd Ocala, FL.

What is the asking price?

The asking price for this property is $574,000.

What are key features of this property?

This property features: Fully occupied quadplex generating immediate cash flow.; Four spacious 2‑bedroom units, each with separate metering.; Fee simple ownership with no HOA or special sale conditions.