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Renovated Four-Unit Quadplex
For Sale
$409,000

51 NW 21ST, Ocala, FL 34475

Fully occupied multifamily property with a balanced mix of one- and two-bedroom residences.

Property Size2,695 SF
Price / SF$151.76
Days on Market13

Property Features for 51 NW 21ST

General Information

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

Units

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

Taxes and HOA fees

Annual Taxes $4,489

Building Details

Building Size 2,695 SF
Year Built 1981
Year Renovated 2016
Buildings 1
Listed By: Ronald Padot, Jr
Source: Elliman
Added: Sep 12 Changed: Sep 17 Last Checked: Sep 24 at 12:49PM

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 Ronald Padot, Jr

Investment Insights

Based on property information with market context.

This four-unit multifamily property provides approximately 2,695 square feet across two one-bedroom, one-bath residences and two two-bedroom, one-bath residences. The units are currently fully occupied, creating an established income-producing configuration. Originally completed in 1981, the property was renovated in 2016 and received a new roof in 2022.

The property is located in Ocala, Florida. Mobility scores include a bike score of 59, a walk score of 40, and a transit score of 23, reflecting a bikeable setting with car-dependent access and minimal transit service.

Key Highlights

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

Property Analytics

Current Use

Quadplexes

Suggested Use

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Fully occupied multifamily property with a balanced mix of one- and two-bedroom residences.
Where is this quadplex located?
The property is located at 51 NW 21ST 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 income‑producing units, all currently occupied; Approximately 2,695 total square feet; Unit mix includes two 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
More about this property
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