34 NW 21st Place, Ocala, FL 34475
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: tina white
Office: exp realty llc.
MLS#:TB8498558
Source:MFRMLS
Price summary
- Price:$475,000
- Price per sq. ft.:$176.25
About this home
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. Units #34 and #36 are currently vacant....
Contact an agent
Home facts
- Year built:1981
- Subdivision & Development:NORTH ROADS PARK
- Listing ID #:TB8498558
- Added:157 day(s) ago
- Updated:September 21, 2026 at 06:39 PM
Rooms and interior
- Living area:2,695 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1981
- Building area:2,695 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Block
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Septic Tank, Sewer Connected
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$176.25
- Tax amount:$4,885 (2025)
Features and amenities
- Laundry features:Inside
- Amenities:Open Floorplan
- Pool features:Public Pool
New listings near 34 NW 21st Place
- Coming Soon
$224,900Coming Soon4 beds 2 baths1,254 sq. ft.25 Spring Loop Circle, OCALA, FL 34472
MLS# OM732586Listed by: GLOBALWIDE REALTY LLC - Coming Soon
$649,850Coming Soon3 beds 3 baths2,889 sq. ft.8481 SW 93rd Circle, OCALA, FL 34481
MLS# OM732396Listed by: ON TOP OF THE WORLD REAL EST - Coming Soon
$339,975Coming Soon4 beds 2 baths1,828 sq. ft.2874 SW 165th Street Road, OCALA, FL 34473
MLS# OM732340Listed by: RE/MAX PREMIER REALTY - Coming Soon
$290,000Coming Soon3 beds 2 baths1,188 sq. ft.12051 NW 7th Place, OCALA, FL 34482
MLS# OM732329Listed by: ENGEL & VOLKERS OCALA - Coming Soon
$549,950Coming Soon4 beds 3 baths2,412 sq. ft.1882 NW 86th Place, OCALA, FL 34475
MLS# OM732054Listed by: TROPIC SHORES REALTY - Coming Soon
$330,000Coming Soon3 beds 2 baths1,771 sq. ft.2656 SW 20th Circle, OCALA, FL 34471
MLS# O6440318Listed by: EXP REALTY LLC - Coming Soon
$255,000Coming Soon2 beds 2 baths864 sq. ft.8 Pecan Drive Run, OCALA, FL 34472
MLS# OM732005Listed by: ENGEL & VOLKERS OCALA - New
$4,950,000Active3 beds 4 baths700 sq. ft.7085 NW Highway 225, OCALA, FL 34482
MLS# OM732574Listed by: PEGASUS REALTY & ASSOC INC - New
$5,000Active4 beds 3 baths2,822 sq. ft.5200 SW 115 Street Road, Ocala, FL 34476
MLS# 1088122Listed by: JAIME L BOONE LLC - New
$349,900Active4 beds 3 baths2,386 sq. ft.5320 SW 39th Street, OCALA, FL 34474
MLS# OM732559Listed by: ON TOP OF THE WORLD REAL EST