Asking Price
$ 450,000Status
Active829 NE 3RD STREET
OCALA, FL,34470, SMITH & DAUGHERTYS ADD/CITY/O
Overview
4 Bedrooms
3 Bathrooms
Garage
1,676 sqft
Year Built: 1938
School Nearby
Description
Income-producing opportunity in a high-demand rental pocket of Ocala — this well-maintained triplex at 829 NE 3rd Street is currently producing $3,675 in total monthly rent, offering a compelling blend of immediate cash flow and long-term upside. Positioned just minutes from downtown, the property sits on a spacious, tree-lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, supporting strong rental appeal and tenant retention. A dedicated on-site laundry area adds additional convenience and operational efficiency. With durable interior finishes and broad tenant appeal, the property is well-positioned to minimize turnover and support stable occupancy. For investors, the opportunity lies in rent optimization and continued market appreciation, with potential to increase returns through strategic management and incremental improvements. Whether you're looking for a cash-flowing asset today or a value-add play with upside, this triplex delivers a strong foundation for both income and growth.
Features
Status: Active
Beds: 4
Baths: 3
Square Footage: 1,676 Sq. Ft
HOA Fee: -
Property Type: Single Family Residence
MLS Number: O6406552
Days on Market: -
Year Built: 1938
Lot Size: 53 x 85
County: Marion
Taxes: $2,072.00
Address
829 NE 3RD STREET , OCALA ,FL
Listing provided by: ALPHA EQUITY REALTY & MANAGEMENT INC, 407-789-1002
Asking Price
$450,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 05/10/2026 00:36. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.