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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.
| DAYS ON MARKET | 13 | LAST UPDATED | 4/28/2026 |
|---|---|---|---|
| TRACT | SMITH & DAUGHERTYS ADD/CITY/O | YEAR BUILT | 1938 |
| COMMUNITY | 34470 - Ocala | COUNTY | Marion |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Eighth Street Elem. School |
|---|---|
| Jr. High School | Osceola Middle School |
| High School | Vanguard High School |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34470 - Ocala |
| CONSTRUCTION | Frame |
| HEAT | Electric |
| INTERIOR | Built-in Features |
| LOT | 4356 sq ft |
| LOT DIMENSIONS | 53x85 |
| SEWER | Public Sewer |
| SUBDIVISION | SMITH & DAUGHERTYS ADD/CITY/O |
| TAXES | 2072.29 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Tatuli Kotchlamazashvili, ALPHA EQUITY REALTY & MANAGEMENT INC, 407-789-1002
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/5/26 12:58 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.