Ocala Multifamily Investment
For Sale
$475,000
34 NW 21ST Pl, Ocala, FL 34475
Income-producing 4-unit property with value-add potential in Ocala.
Days on Market98
Property Features for 34 NW 21ST Pl
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1981
Listing Agency:
eXp Realty LLC
(956) 337-7160
Listed By:
Tina White · License #3435934
(956) 337-7160
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 12:32PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Income‑producing 4‑unit multifamily property with immediate cash flow.
- New roof installed in 2025.
- Value‑add potential through renovation of existing units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Explore this area
Business Placement
Demographics for 34475, FL
14,780
Population
5,668
Households
2.6
Avg Household Size
38
Median Age
13%
College-Educated
84%
High-School Grad
27.8 sq mi
ZIP Area
532
Density / Sq Mi
$33,515
Median Household Income
$24,854
Median Earnings
$871
Median Rent
$170,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
