34 NW 21st Place, Ocala, FL 34475

$475,000
New to the Market
SQUARE FEET2,695 MLS#TB8498558
MAP LISTING
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475

29 Total Photos [Click to View All]

34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475
34 NW 21st Place, Ocala, FL 34475

Property Description

Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income.Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns.Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA.Ideal for investors seeking a stabilized asset with immediate cash flow and the ability to further increase returns through strategic improvements.

34 NW 21st Place | MLS# TB8498558

This multi-family property located at 34 NW 21st Place, Ocala, FL 34475 is currently listed for sale with an asking price of $475,000. Search Ocala real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.23 Acres
Roof Type: Shingle
Taxes: $4,884
Year Built: 1981
Square Feet: 2,695

Amenities

Open Floorplan
Private Entrance

Feature Descriptions

Annual Net Income: 50000.00
Directions: Exit onto US-27 / US-301 / US-441 toward Ocala.Head south toward downtown Ocala.Turn right onto NW 10th St (State Road 40).Turn left onto NW 1st Ave.Turn right onto NW 21st Pl.Property will be on the right.
Exterior: Block
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.23
Other Equipment: Private Entrance
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Septic Tank
Showing Instructions: Combination Lock Box
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R3

Listed By / Shown By

Listed By

Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,947.40 per month $2,401.86 Principal & Interest $407.00 Property Tax $138.54 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel