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743 E FORT KING STREET

Multi-family For Sale
$1,300,000

BTC: 16.25000000

ETH: 520.00000000

1 days
7 bds
4,277 sqft

Overview

OWN A PIECE OF OCALA HISTORY—AND A TRULY DISTINCTIVE FOUR-UNIT INCOME PROPERTY IN ONE OF THE CITY'S MOST HISTORIC SETTINGS. Anchoring this remarkable offering is the historic Z.C. Chambliss House, an impressive three-story residence dating to 1891 and situated within Ocala's historic district. Its commanding architecture, expansive porches, soaring ceilings, stained-glass accents, rich woodwork, decorative fireplaces and period details reflect an era of Ocala's history that simply cannot be recreated in modern construction. Located along E Fort King Street in Ocala's historic district, the property is surrounded by the character and architectural heritage of one of the city's established historic areas while remaining exceptionally convenient to Downtown Ocala, restaurants, shopping, professional services and entertainment. The offering encompasses two parcels and two physical addresses—743 E Fort King Street and 42 SE Wenona Avenue—with four distinct rentable components. The centerpiece is the approximately 2,757-SF historic main residence offering 4 bedrooms and 3.5 baths. Currently vacant and offered for lease at $6,500 per month, the residence presents an exceptional opportunity for an owner-user or an investor seeking additional rental income. The main residence thoughtfully blends historic character with substantial updates. The renovated kitchen features 1¼-inch granite countertops, a large island, new sink, new garbage disposal and updated appliances. Bathrooms have been modernized with stone or marble finishes and new fixtures. Custom Pro Closet improvements enhance the home's closets and storage, while a dedicated rear-entry laundry/mudroom with washer and dryer adds everyday functionality. Three additional rentable spaces add to the property's versatility. A separate approximately 460-SF office/commercial building, connected to the main residence by a breezeway and presently occupied by Ocala Magazine, is rented at $2,000 per month and includes use of the property's one-car garage. A separate residential building contains an approximately 460-SF first-floor 1-bedroom/1-bath apartment, currently vacant and offered at $1,000 per month, and an approximately 600-SF second-floor 2-bedroom/1-bath apartment currently rented at $1,450 per month. Inviting outdoor areas include a 12' x 12' shade awning, mature landscaping and attractive grounds. This is not a typical four-unit property. It combines a historically significant residence, residential apartments, office/commercial space, existing rental income and an outstanding in-town location. The configuration provides considerable flexibility for an investor or owner-user while preserving the architectural presence and character that make the property truly distinctive. Situated on approximately 0.43 combined acres with off-street parking and convenient access to Downtown Ocala, this offering brings together history, architecture, location and income potential in a way rarely found in a single property. Whether envisioned as an investment, an owner-occupied income property, a professional/residential combination, or an opportunity to become the next steward of an extraordinary historic Ocala property, 743 E Fort King Street and 42 SE Wenona Avenue offer something genuinely different. Schedule a private showing and experience this remarkable property in person.

Location

Details

Type:
Residential Income
Parking:
Driveway / Ground Level / Off Street
Year Built:
1891
Lot:
0.43 Acres
Heating:
Central / Electric / Heat Pump
Price/sqft:
$304
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$7,411
2025
View
City, Garden
Garage
1 car garage
Furnished
Negotiable
All facts and features
  • Flooring

    • Ceramic Tile

    • Hardwood

    Heating

    • Central

    • Electric

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • High Ceilings

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 7

  • Parking

    • Driveway

    • Ground Level

    • Off Street

    Property

    • Levels: Three Or More

    • Exterior Features: Garden / Private Entrance / Sidewalk

    Lot

    • Lot: 0.43 Acres

    Other Property Information

    • Parcel Number: 2836300306

    • Zoning: RBH3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $7,411

  • Source details

    • MLS ID: W7889567

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Concrete Perimeter / Pillar/Post/Pier

    • Fireplace Features: Decorative / Living Room / Other Room

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Corner Lot / Historic District / City Lot / Irregular Lot / Landscaped / Sidewalk

    • Patio And Porch Features: Covered / Front Porch / Patio / Porch / Wrap Around

    • Window Features: Window Treatments

    • Other Structures: Other

    • Fireplace: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4277

    • Water Source: Public

    • Lot Size Dimensions: Irregular

    • Subdivision Name: SOL BENJAMIN'S SUBDIVISION / CALDWELLS ADDITION TO

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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: BRIDGE POINT BUSINESS REAL EST