OCALA, FL 34475 34 NW 21ST PLACE
$475,000



28 more




























Presented By: EXP REALTY LLC with 888-883-8509. - 888-883-8509
Home Details
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.
Presented By: EXP REALTY LLC with 888-883-8509. - 888-883-8509
Interior Features for 34 NW 21ST PLACE
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOpen Floorplan
Laundry FeaturesInside
General for 34 NW 21ST PLACE
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityOCALA
Construction MaterialsBlock
CoolingCentral Air
CountyMarion
DirectionsExit 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.
Flood Zone CodeAE
Garage Y/NNo
HeatingCentral
Land Lease Y/NNo
Legal DescriptionSEC 05 TWP 15 RGE 22 PLAT BOOK T PAGE 070 NORTH ROADS PARK LOT 12
Living Area UnitsSquare Feet
Lot Size Square Feet10019
Lot Size UnitsSquare Feet
MLS Area34475 - Ocala
New ConstructionNo
OwnershipFee Simple
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameNORTH ROADS PARK
Tax Annual Amount4884.98
Tax Lot12
Tax Year2025
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1981
ZoningR3
Exterior for 34 NW 21ST PLACE
Exterior AmenitiesPrivate Entrance
Foundation DetailsSlab
Lot Dimensions100 x 100
Lot Size Acres0.23
Lot Size Area10019
Number of Buildings1
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Waldecksohn Luma
Realtor®
SQFT • 2,695