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
$589,000
1820 SE 40th Street Rd, Ocala, FL 34480
8beds
4baths
3,233sqft
Est.:
Quadruplex, Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
Central air
- 1 day |
- 144 |
- 6 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 22, 2026 at 03:51am
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
- Subdivision: CITRUS PARK
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Ocala
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $312,120
- Annual tax amount: $7,677
- Date on market: 1/21/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 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 | ||
Public tax history
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% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,836/mo
Principal & interest
$2835
Property taxes
$795
Home insurance
$206
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
