Two-Unit Duplex with
New
For Sale
$349,900
3553 & 3555 SW 158th Lane, Ocala, FL 34473
MULTI_FAMILY - Other - Ocala, FL
Property Size2,216 SF
Lot Size0.32 Acres
Price / SF$157.90
Days on Market4
Property Features for 3553 & 3555 SW 158th Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Out of County
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1
Parking
2
Parking features
Garage, Driveway
Exterior features
ConcreteDriveway
Appliances
Dishwasher, ElectricOven, ElectricRange, Refrigerator, RangeHood
Subdivision
Not on List
Lot features
Cleared
Directions
Hwy 484, turn into Marion Oaks on Marion Oaks Blvd to right on Marion Oaks Manor, left on SW 35th Court Rd, left on SW 158th Ln, 2nd duplex on left.
Standard status
Active
APN
1756898000
Size
2,216 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 23 TWP 17 RGE 21 PLAT BOOK O PAGE 081 MARION OAKS UNIT 5 BLK 850 LOT 15
Tax Annual Amount
4677
Legal Description
SEC 23 TWP 17 RGE 21 PLAT BOOK O PAGE 081 MARION OAKS UNIT 5 BLK 850 LOT 15
Utilities
Sewer type
Septic Tank
Heating system
Central, Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
screened-in patios
Building Details
Year built
1994
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Stucco
Roof type
Asphalt, Shingle
Architectural style
Other
Listing Agency:
Grant Realty
(352) 419-9380
Listed By:
Jennifer Steed · License #3206814
(352) 817-7332
Added: Aug 8
Last Checked: Aug 11 at 8:06PM
MLS# 856945
Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1994, this duplex contains two separate residences within 2,216 square feet. Each unit offers 2 bedrooms, 2 full bathrooms, an attached 1-car garage, and a screened-in back patio. Interior finishes include tile and carpet flooring, while kitchens are equipped with dishwashers, electric ovens, electric ranges, refrigerators, and range hoods. Central air conditioning and electric heat pump systems serve the property.
The 0.32-acre parcel is located in Ocala, Florida, with a concrete driveway and additional driveway parking. The property uses public water and a septic tank, with stucco construction and an asphalt shingle roof. Zoning is identified as Out of County.
The 0.32-acre parcel is located in Ocala, Florida, with a concrete driveway and additional driveway parking. The property uses public water and a septic tank, with stucco construction and an asphalt shingle roof. Zoning is identified as Out of County.
Key Highlights
- Two‑unit duplex with 2,216 square feet
- Each unit includes 2 bedrooms and 2 full bathrooms
- Attached 1‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,205
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$644,100
$644.1K
Cap Rate 7%
$460,071
$460.1K
Cap Rate 9%
$357,833
$357.8K
Market Conditions
NOI Build-Up for 2,216 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$62.5K $28.20/SF
− Vacancy
−$3.9K −$1.78/SF
EGI
$58.6K $26.42/SF
− OpEx
−$26.3K −$11.89/SF
NOI
$32.2K $14.53/SF
Area
Marion County, FL
Vacancy
6.30%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$644,100
Cap Rate 7%
$460,071
Cap Rate 9%
$357,833
Alternative Uses
Best Use
Apartment 5plus
$460.1K
$402.6K – $536.8K
NOI $32,205 @ 7.0% cap · market cap 9.20%
Second Best
Multifamily LT 5
$457.5K
$400.3K – $533.8K
NOI $32,027 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,707 @ 7.0% cap · market cap 24.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 34473, FL
21,548
Population
9,313
Households
2.3
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
35.8 sq mi
ZIP Area
602
Density / Sq Mi
$70,559
Median Household Income
$36,474
Median Earnings
$1,406
Median Rent
$242,400
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?
Duplex - Duplex with two separate residences, attached garages, screened patios, and practical rental or owner-occupant flexibility.
Where is this duplex located?
The property is located at 3553 & 3555 SW 158th Lane Ocala, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,216 square feet; Each unit includes 2 bedrooms and 2 full bathrooms; Attached 1‑car garage for each residence
