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Ocala Multifamily Investment Opportunity

34 NW 21ST Pl, Ocala, FL 34475

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For Sale

$475,000

Income-producing 4-unit property with value-add potential in Ocala.

Type:Investment

HighLights

Income‑producing 4‑unit multifamily property with immediate cash flow.
New roof installed in 2025.
Value‑add potential through renovation of existing units.
Desirable unit mix: two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath units.
Tenant‑paid utilities maximize net returns.
Section 8 tenants provide consistent and reliable income.

We can help!

Listing Contact

Tina White

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For Sale

$475,000

Income-producing 4-unit property with value-add potential in Ocala.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 3:33 pm

Property Features for 34 NW 21ST Pl

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1981

We can help!

Listing Contact

Tina White

Listing agent Tina White License #3435934

Listing office eXp Realty LLC

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 eXp Realty LLC

HighLights

Income‑producing 4‑unit multifamily property with immediate cash flow.
New roof installed in 2025.
Value‑add potential through renovation of existing units.
Desirable unit mix: two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath units.
Tenant‑paid utilities maximize net returns.
Section 8 tenants provide consistent and reliable income.

Overview

This income-producing 4-unit multifamily property in Ocala presents a strong cash flow and value-add opportunity. The property features a unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. One unit has been renovated with an updated kitchen, bathroom, and vinyl flooring. The remaining units offer opportunities for future upgrades and increased rental income. A new roof is planned for 2025. Landscaping is serviced weekly. All units are currently rented, providing immediate income. Tenants pay for electricity, sewer, and trash. The owner is responsible for water, which costs approximately $120 per month. The lease structure includes two long-term leases, with opportunities to adjust rents as units turn. Section 8 tenants are in place, providing consistent and reliable income. There is no HOA. The property is located in an area with a bike score of 46, indicating it is somewhat bikeable, a walk score of 16, indicating car-dependent, and a transit score of 19, indicating minimal transit.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

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Local Demand

City: Ocala
County: Marion
State: Florida
Longitude: -82.1352411
Latitude: 29.2086227

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For sale
Quadplexes
FL
Ocala
34475
34 NW 21ST Pl

What type of property is this?

Quadplex - Income-producing 4-unit property with value-add potential in Ocala.

Where is this quadplex located?

The property is located at 34 NW 21ST Pl Ocala, FL.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Income‑producing 4‑unit multifamily property with immediate cash flow.; New roof installed in 2025.; Value‑add potential through renovation of existing units.