Listing provided courtesy of EXP REALTY LLCas Distributed by MLSGrid- MLS# MFRTB8498558
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Request Info34 NW 21ST PLACEOCALA, FL 34475
Multi-Family · 2,695 Sq. ft. | 0.23 Acres$475,000
Active
34 NW 21ST PLACE Overview
- Time on Site:
- 74 days
- Visits:
- 0
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.
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34 NW 21ST PLACE Facts & Features
- Type Multi-Family
- Sq. ft. 2,695
- Price/Sq.ft. $176
- Lot 0.23 Acres
Details
General
Association/HOA
- Association: No
Building Information
- New Construction: No
- Year Built: 1981
Location/Region
- Country: US
- County Or Parish: Marion
- MLS Area Major: 34475 - Ocala
- Subdivision Name: NORTH ROADS PARK
- Township: 15S
Tax Information
- Tax Annual Amount: 4884.98
- Tax Year: 2025
General Information
- Ownership: Fee Simple
- Parcel Number: 2511-012-000
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
- Zoning: R3
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Total: 0
- Bedrooms Total: 0
Building Interior
- Building Area Units: Square Feet
General Information
- Cooling: Central Air
- Fireplace: No
- Foundation Details: Slab
- Heating: Central
- Interior Features: Open Floorplan
- Laundry Features: Inside
- Living Area: 2695
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Other Equipment: Private Entrance
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Acres: 0.23
- Lot Size Dimensions: 100x100
- Lot Size Square Feet: 10019
- Road Surface Type: Asphalt
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Block
- Roof: Shingle
General Information
- Carport: No
- Exterior Features: Private Entrance
- Pool Private: No
- Sewer: Septic Tank
- Utilities: Electricity Connected,Sewer Connected,Water Connected
34 NW 21ST PLACE Neighborhood
Community
34475 (OCALA) Demographics
36
Median Age
453
Population Density (per sq. mile)
16%
College Educated
$24,202
Estimated Median Income
1,967
Estimated Total Home Owners
2,803
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.34 NW 21ST PLACE Monthly Cost
34 NW 21ST PLACE Market Data
Based on the last 30 days in this zip code
$494,553
Average List Price
$263
Average Price per Square Foot
20
Properties Sold
115
Average Days on Market
103
Properties for Sale
34 NW 21ST PLACE History
| Date | Value | Agent |
|---|---|---|
| 4/17/2026Source: My Florida Regional MLS | April 17, 2026 |