For sale

Price cut: $10K (5/14)

$564,000

1820 SE 40th Street Rd, Ocala, FL 34480

8beds

4baths

3,233sqft

Est.:

Quadruplex, Multi Family

Built in 1982

-- sqft lot

$-- Zestimate^®

$174/sqft

$-- HOA

What's special

Central air

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.

112 days

250

25

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: $174/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

Price history

Date	Event	Price
5/14/2026	Price change	$564,000-1.7%$174/sqft
Source: Stellar MLS #OM717087 Report a problem
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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