Back to Search
Turnkey Income-Producing Quadplex Opportunity

4151 SE 22ND Ave Ocala, FL 34480

Claim this Listing
For Sale
$699,999

Well-maintained quadplex with immediate cash flow and long-term stability.

Type:Investment
Property size:
3,870 SF
Price / SF:
$180/SF
Added:
May 21, 2026
Days on Market:
53
Last Refresh:
Jul 2 at 4:45 pm

Property Features for 4151 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

Listing date May 21, 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 WIECHENS REALTY INC


Investment Insights

Based on property information with market context.

This turnkey income-producing quadplex presents an opportunity for immediate cash flow and long-term investment stability. The well-maintained 3,870 square foot multifamily property features four fully leased units, each with two bedrooms and one bathroom. Each unit generates $1,400 per month in rental income. In 2021, the property underwent extensive improvements, including a new roof and fully remodeled interiors with updated flooring, cabinets, and modern finishes, along with substantial upgrades to the plumbing and electrical systems. The property offers a low-maintenance investment opportunity with strong income potential and long-term upside. It is ideal for investors seeking a turnkey multifamily asset with immediate returns. The bike score is 37, indicating it is somewhat bikeable. The walk score is 3, indicating car-dependent surroundings. The transit score is 16, indicating minimal transit options.

Key Highlights

  • Turnkey quadplex providing immediate cash flow with all units fully leased.
  • Strong and consistent revenue stream: each unit generates $1,400/month.
  • Extensive renovations completed in 2021: new roof, remodeled interiors, updated plumbing and electrical 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
3,870 SF · lease $28.20/SF/yr · vacancy 6.30% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$803.5K
$703.0K – $937.4K (±1% cap)
NOI $56,242 @ 7.0% cap · market cap 8.03%
Second Best
Multifamily LT 5
$799.0K
$699.2K – $932.2K (±1% cap)
NOI $55,932 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$2.11M
$1.85M – $2.47M (±1% cap)
NOI $147,932 @ 7.0% cap · market cap 21.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dulce Amor Photography Photography Service Yadira Arroyo Photography Photography Service

Suggested Use

Real Estate Agency Law Firm Restaurant Nail Salon Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom Electrical Service Building Supply

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

FAQs

What type of property is this?
Quadplex - Well-maintained quadplex with immediate cash flow and long-term stability.
Where is this quadplex located?
The property is located at 4151 SE 22ND Ave Ocala, FL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Turnkey quadplex providing immediate cash flow with all units fully leased.; Strong and consistent revenue stream: each unit generates $1,400/month.; Extensive renovations completed in 2021: new roof, remodeled interiors, updated plumbing and electrical systems.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message