Calling all Investors! Fully occupied 2/1 Quadraplex, Excellent location in SE Ocala is conveniently located close to shopping, restaurants and good schools. 3 units rented for $700/mo and 1 unit rented for $800/mo. All utilities are the responsibility of the tenants; lawn maintenance is owners responsibility. Roof is 2010
Rental Income from quadraplex. Each unit is a 2 BR 1 Bth. Fenced in porch for each unit. Near conveniences. Being sold ''As-Is'' with right to inspect. Construction indicated is wood siding.
Public Records
Nov 7, 2007
Sold
$78,100
$24/sq ft
Stellar MLS as Distributed by MLS Grid #OM213167
Oct 10, 2006
Listing Removed
—
Public Records
Mar 30, 1995
Sold
$233,750
$72/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,462 (+23.0%)
2024
$6,069 (+11.5%)
2023
$5,441 (+13.2%)
$36,000 + $276,120
$312,120
2022
$4,808 (+5.1%)
2021
$4,576 (+4.4%)
2020
$4,385 (+8.5%)
2019
$4,042 (+7.6%)
2018
$3,757 (+4.3%)
2017
$3,601 (+3.5%)
2016
$3,479 (+43.2%)
2015
$2,429 (−2.3%)
2014
$2,485
Tax history for 1920 SE 40th Street Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,462 (+23.0%)
2024
$6,069 (+11.5%)
2023
$5,441 (+13.2%)
$36,000 + $276,120
$312,120
2022
$4,808 (+5.1%)
2021
$4,576 (+4.4%)
2020
$4,385 (+8.5%)
2019
$4,042 (+7.6%)
2018
$3,757 (+4.3%)
2017
$3,601 (+3.5%)
2016
$3,479 (+43.2%)
2015
$2,429 (−2.3%)
2014
$2,485
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
—
Sq. Ft.
3,233
Year built
1983
Style
Single Family Residential
County
Marion County
APN
3120-001-014
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
R-3
Multi family Dwelling
The Multi Family Dwelling classification is intended to provide for high density and urban residential development, including multi-family dwellings in areas served by public or private water and sewer facilities.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Multiple units
Housing-Senior
Housing-Student
Bed & breakfast
Educational / school
Golf related
Park & open space
Property details
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 8
Heating & Cooling
Heating Information: Natural Gas
Cooling Information: Central Air
Interior Features
Interior Features: Living Room/Dining Room Combo
Exterior
Building Information
Construction Materials: Wood Siding
Roof: Shingle
Exterior Features
Exterior Features: Sliding Doors
Property Features
Universal Property Id: US-12083-N-3120001014-R-N
Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0
Property Information
Total Num Buildings: 1
CDD Y/N: 0
Property Type: Residential Income
Property Sub Type: Quadruplex
Zoning: R3
Land Information
Total Acreage: 1/4 to less than 1/2
Lot Information
Lot Size Acres: 0.27
Road Surface Type: Paved
Lot Size Square Meters: 1093
Financial
Tax Information
Tax Annual Amount: $4,807.74
Tax Year: 2022
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Public
Location
Multi-Family Financial Information
Annual Net Income: 34000.00
Multi-Unit Information
Unit Number YN: 0
# of Units (Total): 4
# of Units: 4
Unit Type 1 Information
# of Bathrooms: 1
# of Bedrooms: 2
Unit Type 2 Information
# of Bathrooms: 1
# of Bedrooms: 2
Unit Type 3 Information
# of Bathrooms: 1
# of Bedrooms: 2
Unit Type 4 Information
# of Bathrooms: 1
# of Bedrooms: 2
HOA Information
MFR_Association2YN: 0
School Information
Elementary School: South Ocala Elementary School
Middle Or Junior High School: Osceola Middle School
High School: Forest High School
Location Information
Directions: North on SE 1 Avenue toward E FT King Street, Immediately turn Left onto Magnolia Avenue, Road changes to SE Lake Weir Avenue, Left onto SE 38 Street, Right onto SE 17 Court, Road changes to SE 40 Street Road, Quad is on the Right.
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,233
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1983
Year Renovated: —
County: Marion County
APN: 3120-001-014
Home facts updated by county records on Sep 9, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 352-484-0155
Previous Status: Pending
Backups Requested YN: 0
Listing Date Information
Days to Contract: 36
Status Contractual Search Date: 2023-03-27
Listing Price Information
Calculated List Price By Calculated Sq Ft: 117.54
Home Information
Living Area: 3233
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 300.36
Building Area Units: Square Feet
Foundation Details: Slab
Around this home
Schools
South Ocala Elementary School
Public PreK-5 • Assigned • 1.1mi
3/10
Osceola Middle School
Public 6-8 • Assigned • 2.7mi
8/10
Forest High School
Public 9-12 • Assigned • 2.8mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Ocala, FL • 34480
Average low and high temperatures (°F)
66
43
74
49
80
56
85
61
89
69
91
73
93
75
91
75
88
71
81
65
78
56
71
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 6.3 hours in December, placing it above the
U.S. average for solar exposure.
9 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
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