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4 Beds
3 Baths
1,676 sqft

$399,000

829 NE 3RD ST, OCALA FL, 34470

Price per sqft$238.07
Built in1938
Property size1,676 sqft
Property typeResidential
Courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC, Tatuli Kotchlamazashvili  Listing Contact: 407-789-1002

Overview

Active

Listed Aug 18, 2026

Updated 4 weeks ago

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.

$2,655/mo

Est. mortgage payment based on a $399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
O6430764

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$2,072
Tax Frequency
Annually
Association Fee Frequency
Monthly
55+/Senior Community
No

Listings courtesy of Stellar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Fernanda Negromonte shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 10:04 PM UTC on 9/30/2026. 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.

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