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829 NE 3RD STREET

House For Sale
$450,000

BTC: 6.92307692

ETH: 250.00000000

34 days
4 bds
3 ba
1,676 sqft

Overview

Income-producing opportunity in a high-demand rental pocket of Ocala — this well-maintained single-family residence at 829 NE 3rd Street is currently producing $3,675 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 with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, 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.

Location

Florida OCALA 34470 House For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1938
Lot:
0.10 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$268
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$2,072
2025
Pets
Allowed
All facts and features
  • Flooring

    • Laminate

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Cooktop

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Exterior Features: Private Yard

    Lot

    • Lot: 0.10 Acres

    Other Property Information

    • Parcel Number: 2826024002

    • Zoning: R3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $2,072

  • Source details

    • MLS ID: O6399881

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Concrete Perimeter

    • Laundry Features: Laundry Room

    • Direction Faces: Northeast

    • Living Area: 1676

    • Water Source: Public

    • Lot Size Dimensions: 53 x 85

    • Subdivision Name: SMITH & DAUGHERTYS ADD/CITY/O

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ALPHA EQUITY REALTY & MANAGEMENT INC