Investor-ready quadplex in the heart of Ocala! This fully occupied, income generating property features four spacious 2-bedroom units, each with 1 bathroom and separate metering. With a total of 3,233 heated Sq Ft and a solid rental history, this fee simple asset offers immediate cash flow. Situated on a 0.28-acre lot in Citrus Park, the building boasts durable wood siding, shingle roof, and central air. Interior finishes include tile, vinyl, and laminate flooring. Zoned R-3 and located in Flood Zone X, this property combines stability, scalability, and long-term upside. Minutes from SE Maricamp Rd and major conveniences. No HOA, no special sale conditions — just a clean, performing investment.
Southeast Ocala, located between Downtown Ocala and Silver Springs State Park, is a residential and commercial Ocala neighborhood with tree-lined streets and a horse-country edge. The neighborhood’s character concentrates around the SE 17th Street and SE 25th Avenue corridor, where local diners, service storefronts, and everyday errands create a steady street rhythm. Brick ranch homes and mid-century builds mix with newer infill along curving roads and pocketed cul-de-sacs. The Appleton Museum of Art and the Ocala Civic Theatre add a cultural throughline nearby. Weekends often orbit the Ocala Downtown Market for local produce and small-batch goods. Green space and trails at Silver Springs anchor the outdoorsy side of the map.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Other interior features
Bedrooms
8 bedrooms
Bathrooms
Each unit has 1 bathroom
Kitchen
Range
Range hood
Refrigerator
Laundry & utility
Laundry inside
Flooring
Laminate
Tile
Vinyl
Heating & cooling
Electric heating
Central air conditioning
Exterior features
Patio
Other exterior features
Paved road frontage
Lot dimensions approximately 99 x 120 x 99 x 119
Lot acreage between 1/4 and less than 1/2 acre (approx. 0.28 acres)
Home design
Quadruplex residential income property
One level
Completed condition
R3 zoning
Parking
Details not provided
Security
Details not provided
Construction
Wood siding construction
Shingle roof
Block foundation
Built/structured as one building
Utilities
Public water
Public sewer
Electricity connected
Water connected
HOA & community
No association
Financial info
Gross income approximately $5,200
Annual net income approximately $5,200
Pro forma rents by unit: Unit A $1,350; Unit B $1,200; Unit C $1,300; Unit D $1,350
Other
Total living area reported as 3,233 (source: appraiser)
Electricity and solar
View estimated energy costs and solar savings for this home
Great Income Producing Quadraplex. New roof in 2020, and all 4 units have seen improvements done over the last 3-4 yrs. All utilities are metered separately for electric, water, and sewer, and paid by tenants. Washer / Dryer hook ups in each unit. Great SE Ocala location, in close proximity to restaurants, shopping, schools, and medical. Owner would like to sell in conjunction with MLS OM666581
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
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
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92
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91
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88
73
81
65
78
56
71
50
Jan
Feb
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May
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Jul
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Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2000 SE 40th Street Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $286,000 and $660,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $286K to $660K.