Income-producing quadplex in SE Ocala's Citrus Park! This fee simple property features four 2-bedroom, 1-bathrooms with separate meters. Built in 1982 and offering 3,233 heated Sq ft, the building sits on a 0.28 acre lot in Flood Zone X. Interior finishes include tile, vinyl, and laminate flooring and includes central air. Zoned R-3 with no HOA or special sale conditions. Located minutes from SE Maricamp Rd and major conveniences — a solid turnkey investment with room to grow.
For sale
Price cut: $15K (4/1)
$574,000
1820 SE 40th Street Rd, Ocala, FL 34480
8beds
4baths
3,233sqft
Est.:
Quadruplex, Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$178/sqft
$-- HOA
What's special
Central air
- 112 days |
- 230 |
- 21 |
Zillow last checked:
Listing updated:
Listing Provided by:
Freddy Pinero 407-988-7550,
LOKATION 954-545-5583
Source: Stellar MLS,MLS#: OM717087
Originating MLS: Lakeland
Originating MLS: Lakeland
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Other
- Windows: Double Pane Windows
- Has fireplace: No
Interior area
- Total interior livable area: 3,233 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Other
Lot
- Size: 0.28 Acres
- Dimensions: 100 x 120 x 100 x 120
Details
- Parcel number: 3120001010
- Zoning: R3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: CITRUS PARK
HOA
- Has HOA: No
Location
- Region: Ocala
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $312,120
- Annual tax amount: $7,677
- Date on market: 1/21/2026
- Cumulative days on market: 105 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 5171
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Price change | $574,000-2.5%$178/sqft |
Source:  Stellar MLS #OM717087 Report a problem | ||
| 2/5/2026 | Listed for sale | $589,000$182/sqft |
Source: Stellar MLS #OM717087 Report a problem | ||
| 1/29/2026 | Pending sale | $589,000$182/sqft |
Source: Stellar MLS #OM717087 Report a problem | ||
| 1/22/2026 | Listed for sale | $589,000+10.1%$182/sqft |
Source: Stellar MLS #OM717087 Report a problem | ||
| 6/20/2024 | Sold | $535,000-4.3%$165/sqft |
Source: Stellar MLS #OM666581 Report a problem | ||
| 6/4/2024 | Pending sale | $559,000$173/sqft |
Source: Stellar MLS #OM666581 Report a problem | ||
| 4/15/2024 | Listing removed | -- |
Source: Stellar MLS #OM666581 Report a problem | ||
| 10/18/2023 | Listed for sale | $559,000+245.1%$173/sqft |
Source: Stellar MLS #OM666581 Report a problem | ||
| 7/23/2019 | Sold | $162,000-19%$50/sqft |
Source: Public Record Report a problem | ||
| 2/9/2005 | Sold | $200,000+27.5%$62/sqft |
Source: Public Record Report a problem | ||
| 9/9/2004 | Sold | $156,900+70.5%$49/sqft |
Source: Public Record Report a problem | ||
| 3/5/2001 | Sold | $92,000+19.5%$28/sqft |
Source: Public Record Report a problem | ||
| 11/9/2000 | Sold | $77,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,743 +17.9% | $312,120 +50.5% |
| 2023 | $5,722 +13% | $207,346 +10% |
| 2022 | $5,064 +5.2% | $188,496 +10% |
| 2021 | $4,813 +3.9% | $171,360 +7.7% |
| 2020 | $4,632 +14.6% | $159,120 +31.5% |
| 2019 | $4,042 | $120,964 +8.9% |
| 2018 | $4,042 +12.2% | $111,078 +10% |
| 2017 | $3,601 +48.2% | $100,980 +11.1% |
| 2016 | $2,430 | $90,882 +10% |
| 2015 | $2,430 -2.3% | $82,620 -8% |
| 2014 | $2,486 +6.9% | $89,760 +10% |
| 2013 | $2,326 -9% | $81,600 -15.8% |
| 2012 | $2,556 -10.6% | $96,900 -16.7% |
| 2011 | $2,860 -12.3% | $116,280 -18.6% |
| 2010 | $3,261 -5.7% | $142,800 -11.1% |
| 2009 | $3,459 -14.2% | $160,650 -21.1% |
| 2008 | $4,031 -3.3% | $203,490 -5% |
| 2007 | $4,167 +9.7% | $214,200 +24.8% |
| 2006 | $3,800 +65.6% | $171,666 +35.8% |
| 2005 | $2,294 | $126,378 +50.7% |
| 2004 | $2,294 +22.8% | $83,869 +14.2% |
| 2002 | $1,868 +13.5% | $73,440 +13.7% |
| 2001 | $1,646 | $64,600 |
| 2000 | $1,646 | $64,600 |
Find assessor info on the county website
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 34480
Nearby schools
GreatSchools rating
- 3/10South Ocala Elementary SchoolGrades: PK-5Distance: 1 mi
- 8/10Osceola Middle SchoolGrades: 6-8Distance: 2.7 mi
- 5/10Forest High SchoolGrades: 9-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Marion County
- Ocala
- 34480
- 1820 SE 40th Street Rd
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