34 NW 21st Place Ocala, FL 34475
Listing Courtesy of: MLS LogoSTELLAR as distributed by MLS GRID / Century 21 Be3 / Tina White - Contact:  888-883-8509

  34 NW 21st Place Ocala, FL 34475

Active (1 Days)
$475,000 (USD)

Description

Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income.

Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns.

Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA.

Ideal for investors seeking a stabilized asset with immediate cash flow and the ability to further increase returns through strategic improvements.

MLS #:
TB8498558
Taxes
$4,885(2025)
Lot Size
10,019 SQFT
Type
Multifamily
Year Built
1981
County
Marion County

Listed By

Tina White, Century 21 Be3, Contact: 888-883-8509
Source
STELLAR
Last checked Apr 18 2026 at 12:01 PM GMT+0000
Bathroom Details
Interior Features
  • Open Floorplan
Subdivision
  • North Roads Park
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Exterior Features
  • Block
  • Roof: Shingle
Utility Information
  • Utilities: Water Connected, Water Source: Public, Electricity Connected, Sewer Connected
  • Sewer: Septic Tank
Living Area
  • 2,695 sqft
Additional Information: Be3 | 888-883-8509
Location
   
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 4/18/26 05:01
Based on information submitted to the MLS GRID as of 4/18/2026 12:01. 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.