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829 NE 3RD STREET, OCALA, FL - photo 1

$399,000

829 NE 3RD STREET

OCALA, FL 34470

Estimated payment $2,394/month

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4Beds
3Baths
1,676Sq Ft
$238Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1938
4,356 sqft Lot

About This Home

Income-producing LEGAL TRIPLEX in a high-demand rental pocket of Ocala 829 NE 3rd Street is currently producing $3,770 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, 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.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:4
  • •Bathrooms:3
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:1,676 sqft
  • •Total interior livable area:1,676 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:4,356 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1938

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Price history

DateEventPrice
2026-08-18T00:00:00.000ZListed for sale$399,000$238/sqft

Listing Agent

Tatuli Kotchlamazashvili

ALPHA EQUITY REALTY & MANAGEMENT INC

Brokerage Phone: 407-789-1002

Source: Stellar MLS · MLS #O6430764

Data Powered by Home Junction, Inc.

Nearby

Schools

WYOMINA PARK ELEMENTARY SCHOOL

Elementary · 0.4 mi

PACE CENTER FOR GIRLS INC.

High · 0.5 mi

ELC PK ESE SERVICES

Elementary · 0.5 mi

Supermarkets

Marathon Equity

0.4 mi

Lane & Poe

0.4 mi

Ocala Downtown Market Restaurant

0.6 mi

Dining

Felix's

0.2 mi

Sipping Grounds

0.3 mi

Burger King

0.3 mi

Parks

Tuscawilla Park

0.3 mi

Downtown Art Park

0.4 mi

Ocala Downtown Square

0.5 mi

Nearby amenity locations include data © OpenStreetMap contributors.