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  • $399,000

    829 NE 3RD STREET, OCALA, FL 34470

    4beds
    1,676sqft
    : 
    $2,627/mo
    Get pre-qualified
    Single Family Residence
    Built in 1938
    4,356 Square Feet Lot
    $398,500 Zestimate®
    $238/sqft
    $-- HOA

    What's special

    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.
    3 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tatuli Kotchlamazashvili 646-388-4766,

    ALPHA EQUITY REALTY & MANAGEMENT INC 407-789-1002

    Source: Stellar MLS,MLS#: O6430764MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      Bedroom 2
      • Features: Ceiling Fan(s), No Closet
      • Level: First
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      Bathroom 1
      • Features: Single Vanity, Tub With Shower, No Closet
      • Level: First
      Kitchen
      • Features: Breakfast Bar, Granite Counters, Pantry, No Closet
      • Level: First
      Laundry
      • Level: First
      Living room
      • Features: Ceiling Fan(s), No Closet
      • Level: First
      Heating
      • Electric
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Cooktop, Dishwasher
      • Laundry: Common Area
      Features
      • Built-in Features, Ceiling Fan(s)
      • Flooring: Luxury Vinyl, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,676
      • Total interior livable area: 1,676 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 53 x 85
      Details
      • Parcel number: 28260240020
      • Zoning: R3
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1938

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: SMITH & DAUGHERTYS ADD/CITY/O
      HOA
      • Has HOA: No
      Location
      • Region: Ocala

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $135,660
      • Annual tax amount: $2,072
      • Date on market: 8/11/2026
      • Cumulative days on market: 54 days
      • Listing terms: Cash,Conventional,Other
      • Ownership: Fee Simple
      • Total actual rent: 45240
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $398,500

        $379,000 - $418,000

        $1,337/mo

        Price history

        DateEventPrice
        7/2/2026Listing removed$425,000$254/sqft
        Source: Stellar MLS #O6399881 Report a problem
        6/3/2026Price change$425,000-5.6%$254/sqft
        Source: Stellar MLS #O6399881 Report a problem
        4/28/2026Listed for sale$450,000+260%$268/sqft
        Source: Stellar MLS #O6400392 Report a problem
        7/26/2024Sold$125,000-50%$75/sqft
        Source: Public Record Report a problem
        8/3/2021Listing removed--
        Source: Stellar MLS #OM614842 Report a problem
        7/16/2021Listed for sale$249,999$149/sqft
        Source: Stellar MLS #OM614842 Report a problem
        5/26/2021Pending sale$249,999$149/sqft
        Source: Stellar MLS #OM614842 Report a problem
        5/5/2021Listed for sale$249,999$149/sqft
        Source: Stellar MLS #OM614842 Report a problem
        4/21/2021Pending sale$249,999$149/sqft
        Source: Stellar MLS #OM614842 Report a problem
        3/23/2021Listed for sale$249,999$149/sqft
        Source: Stellar MLS #OM614842 Report a problem
        2/26/2021Pending sale$249,999$149/sqft
        Source: Stellar MLS #OM614842 Report a problem
        2/25/2021Listed for sale$249,999$149/sqft
        Source: Stellar MLS #OM614842 Report a problem
        2/11/2021Pending sale$249,999$149/sqft
        Source: FOXFIRE REALTY #OM614842 Report a problem
        2/11/2021Listed for sale$249,999$149/sqft
        Source: FOXFIRE REALTY #OM614842 Report a problem
        2/11/2021Pending sale$249,999$149/sqft
        Source: Stellar MLS #OM614842 Report a problem
        2/4/2021Listed for sale$249,999+152.5%$149/sqft
        Source: Stellar MLS #OM614842 Report a problem
        1/26/2019Listing removed$800
        Source: www.turbotenant.com Report a problem
        12/28/2018Listed for rent$800
        Source: www.turbotenant.com Report a problem
        10/12/2005Sold$99,000$59/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,104 +6.2%$62,521 +10%
        2023$1,981 +55.8%$56,837 +10%
        2022$1,271 +4.5%$51,670 +10%
        2021$1,216 +48%$46,973 +10%
        2020$821 +14.6%$42,703 +10%
        2019$717 $38,821 +5.9%
        2018$717 +10.3%$36,672 +4.3%
        2017$650 -25.9%$35,175 +2.4%
        2016$877 $34,360 -25.6%
        2015$877 +16%$46,192 +8%
        2014$756 -2.2%$42,784 -1.4%
        2013$773 -7.7%$43,400 -6.6%
        2012$838 -6.3%$46,444 -7.2%
        2011$894 -15.2%$50,063 -17.3%
        2010$1,055 -20.1%$60,566 -23%
        2009$1,319 -6.8%$78,707 -9.2%
        2008$1,416 +12.6%$86,671 +10.6%
        2007$1,257 -0.3%$78,345 +15.5%
        2006$1,260 +35.9%$67,848 +38.4%
        2005$927 $49,011 +5.6%
        2004$927 +9.4%$46,428 +19%
        2002$847 +5%$39,009 +7.1%
        2001$806 $36,418
        2000$806 $36,418
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34470

        Getting around

        63 / 100
        Somewhat Walkable
        33 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Eighth Street Elem. School
        • Middle: Osceola Middle School
        • High: Vanguard High School

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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