4111 SE 22ND Ave Ocala, FL 34480
Well-maintained quadplex with fully leased units and recent upgrades.
- Added:
- May 21, 2026
- Days on Market:
- 53
- Last Refresh:
- Jul 2 at 8:41 pm
Property Features for 4111 SE 22ND Ave
General Information
- Standard status
- Active
- Size
- 3,870 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1981
Listing office WIECHENS REALTY INC (352) 300-6913
Listing date May 21, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey quadplex providing immediate cash flow.
- Fully leased units generating $1,400/month per unit.
- Extensive renovations completed between 2021‑2024 including new roof, remodeled interiors, and updated systems.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.1k | $28.20 |
| − Vacancy | −$6.9k | −$1.78 |
| EGI | $102.3k | $26.42 |
| − OpEx | −$46.0k | −$11.89 |
| NOI | $56.2k | $14.53 |
