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Melissa Pranzo

melissa@venderealestate.com +1(646) 699-3876

Listed by Tatuli Kotchlamazashvili ALPHA EQUITY REALTY & MANAGEMENT INC

Est. payment | -/mo

4 Beds

3 Baths

1,676 SqFt

Save

Est. payment | -/mo

Save

4 Beds

3 Baths

1,676 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,676 sqft

Subdivision Smith & Daughertys Add/City/O

MLS Listing ID MFRO6430712

Bedrooms 4

HOA Y/N No

Year Built 1938

Annual Tax Amount $2,072

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 53x85

Property Sub-Type Triplex

Source Stellar MLS

Property Description

Income-producing LEGAL TRIPLEX in a high-demand rental pocket of Ocala 829 NE 3rd Street is currently producing $3,770 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, 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.

Location

State FL

County Marion

Community Smith & Daughertys Add/City/O

Area 34470 - Ocala

Zoning R3

Interior

Interior Features Built-in Features, Ceiling Fans(s)

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace false

Laundry Laundry Room

Exterior

Exterior Feature Fence

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Concrete Perimeter

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

Elementary Schools Eighth Street Elem. School

Middle Schools Osceola Middle School

High Schools Vanguard High School

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Nearby Locations

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Melissa Pranzo

REALTOR® | Lic# FL BK3430590 | NC 356407

melissa@venderealestate.com

+1(646) 699-3876

1317 Edgewater Dr, #1645, Orlando, FL 32804

829 NE 3RD ST Ocala, FL 34470

Melissa Pranzo

Key Details

Location

Interior

Exterior

Building

Schools

Others

829 NE 3RD ST

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