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Renovated Quadplex
For Sale
$409,000

51 NW 21ST PLACE, Ocala, FL 34475

Four-unit multifamily property with a balanced one- and two-bedroom layout.

Property Size2,695 SF
Price / SF$151.76
Days on Market9

Property Features for 51 NW 21ST PLACE

General Information

Standard status Active
Size 2,695 SF
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 2 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 4

Amenities

0.23 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 2511-003-000, Public Survey Range: 22, Public Survey Section: 05, Annual Amount: $4,489, Tax Block: N/A, Tax Book Number: T-070NORTH, Legal Description: SEC 05 TWP 15 RGE 22 PLAT BOOK T PAGE 070 NORTH ROADS PARK LOT 3, Lot: 3, Year: 2025, Zoning: R3
Listing ID: MFROM732134, Standard Status: Active, MLS Status: Active, Property Subtype: Quadruplex, On market as of 2026-09-16, 5 days on market, Special Conditions: None
6 total bedrooms
Built in 1981, Living area: 2695, Living area units: Square Feet, Construction Materials: Block
Subdivision: NORTHROADS PARK, MLS Area (Major): 34475 - Ocala, County/Parish: Marion
4 total bathrooms
Public, Sewer Connected, Water Connected, Water Source: Public
Slab
Road Surface: Paved
Ninguno
Other equipment: None

Building Details

Year Built 1981
Year Renovated 2016
Listing Agency: HOMERUN REALTY
Listed By: Dawn Padot · License #0681325
Source: Miharaandassociates
Added: Sep 16 Changed: Sep 24 Last Checked: Sep 24 at 9:20AM

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 HOMERUN REALTY

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains approximately 2,695 total square feet and offers a practical mix of two 1-bedroom, 1-bath residences and two 2-bedroom, 1-bath residences. Originally constructed in 1981, the property was renovated in 2016, with a roof replacement completed in 2022.

All four units are currently occupied, providing an established operating profile for the next owner. The property is located at 51 NW 21ST PLACE in Ocala, Florida, with a unit configuration suited to both smaller and larger households.

Key Highlights

  • Four residential units, all currently occupied
  • Approximately 2,695 total square feet
  • Unit mix includes two 1‑bedroom, 1‑bath units

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Bakery Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily property with a balanced one- and two-bedroom layout.
Where is this quadplex located?
The property is located at 51 NW 21ST PLACE Ocala, FL.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Four residential units, all currently occupied; Approximately 2,695 total square feet; Unit mix includes two 1‑bedroom, 1‑bath units
More about this property
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