$475,000
34 21st Place
Ocala, FL 34475
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveApr 17, 2026
- Listed$475,000Apr 17, 2026
- Price increased$475,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 1
- Subdivision
- North Roads Park
- County
- Marion
- Year built
- 1981
- Living area
- 2,695 sq ft
- Price/sq ft
- $176
- Lot size
- 10,019 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12083C0509E)
- Annual taxes
- $4,885 (2025)
- Parcel #
- 2511-012-000
- Zoning
- R3
- MLS #
- TB8498558
Interior Details
- Bedrooms
- 0
- Interior features
- Open Floorplan
- Laundry
- Inside
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Private Entrance
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2026-04-15
- On market date
- 2026-04-17
- Original list price
- $475,000
- MLS area
- 34475 - Ocala
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-17
- Tax legal description
- SEC 05 TWP 15 RGE 22 PLAT BOOK T PAGE 070 NORTH ROADS PARK LOT 12
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 18, 2026 at 6:52 AM ET. 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA