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.
Coming soon
$399,000
829 NE 3RD STREET, OCALA, FL 34470
4beds
1,676sqft
Single Family Residence
Built in 1938
4,356 Square Feet Lot
$398,500 Zestimate®
$238/sqft
$-- HOA
What's special
- 3 days |
- 103 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Tatuli Kotchlamazashvili 646-388-4766,
ALPHA EQUITY REALTY & MANAGEMENT INC 407-789-1002
Source: Stellar MLS,MLS#: O6430764
Originating 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
Zestimate®
$398,500
Estimated sales range
$379,000 - $418,000
Rent Zestimate®
$1,337/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listing removed | $425,000$254/sqft |
Source: | ||
| 6/3/2026 | Price change | $425,000-5.6%$254/sqft |
Source: | ||
| 4/28/2026 | Listed for sale | $450,000+260%$268/sqft |
Source: | ||
| 7/26/2024 | Sold | $125,000-50%$75/sqft |
Source: Public Record Report a problem | ||
| 8/3/2021 | Listing removed | -- |
Source: | ||
| 7/16/2021 | Listed for sale | $249,999$149/sqft |
Source: | ||
| 5/26/2021 | Pending sale | $249,999$149/sqft |
Source: | ||
| 5/5/2021 | Listed for sale | $249,999$149/sqft |
Source: | ||
| 4/21/2021 | Pending sale | $249,999$149/sqft |
Source: | ||
| 3/23/2021 | Listed for sale | $249,999$149/sqft |
Source: | ||
| 2/26/2021 | Pending sale | $249,999$149/sqft |
Source: | ||
| 2/25/2021 | Listed for sale | $249,999$149/sqft |
Source: | ||
| 2/11/2021 | Pending sale | $249,999$149/sqft |
Source: FOXFIRE REALTY #OM614842 Report a problem | ||
| 2/11/2021 | Listed for sale | $249,999$149/sqft |
Source: FOXFIRE REALTY #OM614842 Report a problem | ||
| 2/11/2021 | Pending sale | $249,999$149/sqft |
Source: | ||
| 2/4/2021 | Listed for sale | $249,999+152.5%$149/sqft |
Source: | ||
| 1/26/2019 | Listing removed | $800 |
Source: www.turbotenant.com Report a problem | ||
| 12/28/2018 | Listed for rent | $800 |
Source: www.turbotenant.com Report a problem | ||
| 10/12/2005 | Sold | $99,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 34470
Nearby schools
GreatSchools rating
- 1/10Wyomina Park Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Fort King Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Vanguard High SchoolGrades: 9-12Distance: 2 mi
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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