$399,000
 $2,142 est/mo Sourced by Back At You

829 NE 3rd St,OCALA, FL 34470

OCALA, FL 34470

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Description

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.

Details

MLS #O6430764
Listing TypeFor Sale
StyleHouse
Sub-TypeFor-sale
StatusActive
Year1938
Days On Site13
Listing Provided ByALPHA EQUITY REALTY & MANAGEMENT INC | Tatuli Kotchlamazashvili

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet1,676
Story(s)1
ZoningR3
Acreage0.10

Taxes

Property2072

Area Information

StateFL
CountyMarion
CityOCALA
Zip Code34470
Area34470 Ocala
Community NameSMITH & DAUGHERTYS ADD/CITY/O
School DistrictVanguard High School
Elementary SchoolEighth Street Elem. School
High SchoolVanguard High School
Listing VS Median (in SMITH & DAUGHERTYS ADD/CITY/O)
Price:
$399,000
low | high
Med:
$399,000
50% of Average
sqft:
1,676
low | high
Med:
1,676
50% of Average
$ / sqft:
$238
low | high
Med:
$238
50% of Average
On site:
13
low | high
Med:
13
100% of Average
Sourced by Back At You

Market Activity 34470

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of August 24, 2026 at 11:43:52 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyMarion
CityOCALA
Zip Code34470
Area34470 Ocala
Community NameSMITH & DAUGHERTYS ADD/CITY/O
School DistrictVanguard High School
Elementary SchoolEighth Street Elem. School
High SchoolVanguard High School
Listing VS Median (in SMITH & DAUGHERTYS ADD/CITY/O)
Price:
$399,000
low | high
Med:
$399,000
50% of Average
sqft:
1,676
low | high
Med:
1,676
50% of Average
$ / sqft:
$238
low | high
Med:
$238
50% of Average
On site:
13
low | high
Med:
13
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $498K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
829 NE 3RD ST Property Photo 1
$399,000
829 Ne 3rd St
Ocala, FL 34470
923 NE 2ND ST Property Photo 1
$285,000
923 Ne 2nd St
Ocala, FL 34470
Listing Updated: August 18, 2026 at 11:09:52 AM PDT