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1820 SE 40TH STREET ROAD

Multi-family For Sale
$564,000

BTC: 8.81250000

ETH: 323.02405498

-$25K (2026/05/14)
132 days
8 bds
3,233 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1982
Lot:
0.28 Acres
Heating:
Electric / Natural Gas
Price/sqft:
$174
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$559,000
$399K – $564K
Confidence Low
List vs. estimate
At estimate
List $564,000 · +0.9%
List is in line with recent comparable activity.
Price per sq ft
$174
-1.6% vs. city median $177
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,677
2025
All facts and features
  • Heating

    • Electric

    • Natural Gas

    Cooling

    • Central Air

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 3120001010

    • Zoning: R3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $7,677

  • Source details

    • MLS ID: OM717087

    Other facts

    • Construction Materials: Wood Siding

    • Foundation Details: Block

    • Laundry Features: Inside

    • Patio And Porch Features: Patio

    • Window Features: Double Pane Windows

    • Living Area: 3233

    • Water Source: Public

    • Lot Size Dimensions: 100 x 120 x 100 x 120

    • Subdivision Name: CITRUS PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: LOKATION