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Listing provided courtesy of LOKATIONas Distributed by MLSGrid- MLS# MFROM717087MLS Provider

1820 SE 40TH STREET ROADOCALA, FL 34480

Multi-Family · 8 Beds · 3,233 Sq. ft. | 0.28 Acres
$564,000 Active

1820 SE 40TH STREET ROAD Overview

Time on Site:
159 days
Visits:
3

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.

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1820 SE 40TH STREET ROAD Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,233
  • Price/Sq.ft. $174
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association: No

Income/Expenses

  • Gross Income: 62052

Building Information

  • New Construction: No
  • Year Built: 1982

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 34480 - Ocala
  • Subdivision Name: CITRUS PARK
  • Township: 15S

Tax Information

  • Tax Annual Amount: 7677.15
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 3120-001-010
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: R3

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 8

Building Interior

  • Building Area Units: Square Feet

General Information

  • Cooling: Central Air
  • Fireplace: No
  • Foundation Details: Block
  • Heating: Electric,Natural Gas
  • Interior Features: Other
  • Laundry Features: Inside
  • Levels: One
  • Living Area: 3233
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Window Features: Double Pane Windows

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.28
  • Lot Size Dimensions: 100 x 120 x 100 x 120
  • Lot Size Square Feet: 12197
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Patio And Porch Features: Patio
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Other
  • Number Of Units Total: 1
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected

1820 SE 40TH STREET ROAD Neighborhood

Community

34480 (OCALA) Demographics

41
Median Age
627
Population Density (per sq. mile)
35%
College Educated
$58,189
Estimated Median Income
5,795
Estimated Total Home Owners
2,069
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1820 SE 40TH STREET ROAD Monthly Cost

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$ %
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$
Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1820 SE 40TH STREET ROAD Market Data

Based on the last 30 days in this zip code

$557,627
Average List Price
$238
Average Price per Square Foot
26
Properties Sold
111
Average Days on Market
231
Properties for Sale
Calculations provided by Reliance Network

1820 SE 40TH STREET ROAD History

Date Event Value Agent
5/14/2026Source: My Florida Regional MLS Price Reduction
$564,000 -1.7%
3/31/2026Source: My Florida Regional MLS Price Reduction
$574,000 -2.5%
2/5/2026Source: My Florida Regional MLS Status Change
Active
1/29/2026Source: My Florida Regional MLS Status Change
Pending
1/21/2026Source: My Florida Regional MLS Added to Database
January 21, 2026