Off market jan 2026 for $445K

—

Est. refi paymentEst. refi $1,818/mo

•

4 ba

•

3,227

sq ft

2040 SE 40th Street Rd, Ocala, FL 34480

About this home

QUADPLEX - Turnkey Investment Opportunity in the heart of Southeast Ocala. Renovated and leased quadplex featuring four 2-bedroom, 1-bathroom units. Each unit is separately metered, with tenants responsible for all utilities, providing a hassle-free investment with strong cash flow. The seller states the property is well-maintained. Whether expanding your portfolio or entering the multifamily market, this property could be for you. Conveniently located near shopping, hospitals, major employment, and more. Priced to sell quickly in a strong rental demand area.

Multi-familyProperty Type

1984Year Built

0.28 acresLot Size

$138Price/Sq.Ft.

Listed by John Amerson • UNLOCK REALTY GROUP INC

Contact: 470-509-3301

Bought with Cyrus Martinez • KELLER WILLIAMS REALTY

Redfin checked: a few seconds ago

•Source:Stellar MLS as Distributed by MLS Grid #OM714077

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 34480, FL

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.5%

+0.0% MoM

Median sale price

$309K

$6K MoM

Avg. days on market

74d

8 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 6 HRS AGO
$287,000
3 beds2 baths1,279 sq ft
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NEW 9 HRS AGO
$2,499,000
5 beds6 baths5,916 sq ft
7308 SE 12th Cir, Ocala, FL 34480
NEW 33 HRS AGO
$290,000
3 beds2 baths1,826 sq ft
3616 SE 47th St, Ocala, FL 34480
3D WALKTHROUGH
$439,000
3 beds2 baths2,120 sq ft
5608 SE 44th Cir, Ocala, FL 34480
$265,000
3 beds2 baths1,449 sq ft
3645 SE 48 St, Ocala, FL 34480
$135,000
3 beds2 baths1,134 sq ft
5530 SE 41st St, Ocala, FL 34480
$50,000
2 beds1 bath702 sq ft
5231 SE 29th Ct, Ocala, FL 34480
$350,000
4 beds2 baths2,148 sq ft
4639 SE 39th Ct, Ocala, FL 34480
FOR SALE BY OWNER
$697,770
4 beds3 baths2,639 sq ft
4280 SE 26th Terrace Rd, Ocala, FL 34480
$380,000
3 beds2 baths2,170 sq ft
1800 SE 52nd Ct, Ocala, FL 34480
See all

Provided by Redfin

Sale history for 2040 SE 40th Street Rd

Date

Event

Price

Stellar MLS as Distributed by MLS Grid #OM714077

Jan 22, 2026

Sold

$445,000

$138/sq ft

Dec 27, 2025

Pending

—

Nov 18, 2025

Listed

$449,000

$139/sq ft

Stellar MLS as Distributed by MLS Grid #T3208236

Jan 15, 2020

Sold

$157,501

$49/sq ft

Nov 3, 2019

Listed

$94,900

$29/sq ft

Stellar MLS as Distributed by MLS Grid #OM319322

Mar 2, 2010

Listing Removed

—

Public Records

Jan 24, 2007

Sold

$242,500

$75/sq ft

Tax history for 2040 SE 40th Street Rd

*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

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.28 Acres

Year renovated

—

Sq. Ft.

3,227

Year built

1984

Style

Single Family Residential

County

Marion County

APN

3120-001-021

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

Bedroom Information
# of Bedrooms: 8

Laundry Room Information
Laundry Features: Electric Dryer Hookup, Washer Hookup

Heating & Cooling
Heating Information: Central
Cooling Information: Central Air

Interior Features
Interior Features: Living Room/Dining Room Combo, Other

Exterior

Building Information
Construction Materials: Frame, Wood Siding
Roof: Shingle

Exterior Features
Exterior Features: Other

Property Features
Universal Property Id: US-12083-N-3120001021-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: 0.28
Road Surface Type: Asphalt
Road Responsibility: Public Maintained Road
Lot Size Square Meters: 1133

Financial

Tax Information
Tax Annual Amount: $6,764.23
Tax Year: 2025

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Sewer Connected, Water Connected

Location

Multi-Family Financial Information
Annual Net Income: 27753.00

Multi-Unit Information
Unit Number YN: 0
# of Units (Total): 4
# of Units: 1

Unit Type 1 Information
Unit Type: 2 Bedroom
# of Units: 4
# of Bathrooms: 1
# of Bedrooms: 2
Pro Forma: 5000

HOA Information
MFR_Association2YN: 0

School Information
Elementary School: Eighth Street Elem. School
Middle Or Junior High School: Fort King Middle School
High School: Forest High School

Location Information
Directions: FROM SE 38TH ST TURN RIGHT ON SE 20TH CT. GO TO STOP SIGN. TURN LEFT ON SE 40TH ST RD. PROPERTY IS ON THE RIGHT.

Public facts

Beds: 8
Baths: 4.0
Sq. Ft.: 3,227
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: —
County: Marion County
APN: 3120-001-021

Home facts updated by county records on Sep 9, 2026

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Attribution Contact: 470-509-3301
Previous Status: Pending
Backups Requested YN: 1

Listing Date Information
Days to Contract: 27
Status Contractual Search Date: 2026-01-22

Listing Price Information
Calculated List Price By Calculated Sq Ft: 139.14

Green Information
Green Verification Count: 0

Home Information
Living Area: 3227
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 299.80
Building Area Units: Square Feet
Foundation Details: Slab

Around this home

Schools

South Ocala Elementary School

Public PreK-5 • Assigned • 1.2mi

3/10

Osceola Middle School

Public 6-8 • Assigned • 2.8mi

8/10

Forest High School

Public 9-12 • Assigned • 2.7mi

4/10

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, 20 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)

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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New listings for sale in 34480

NEW 6 HRS AGO3D WALKTHROUGH

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NEW 33 HRS AGO

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Single-story layout • Stone fireplace • Ensuite bathroom

3D WALKTHROUGH

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5608 SE 44th Cir, Ocala, FL 34480

Updated home • Open floor plan • Quartz countertops

$265,000

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Eat-in kitchen • Large walk-in closet • Mature landscaping

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9,148 sq ft lot • Built 1994 • Listed 6 days

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2 beds1 bath702 sq ft

5231 SE 29th Ct, Ocala, FL 34480

Double lot • A1 zoned • X flood zone

$350,000

4 beds2 baths2,148 sq ft

4639 SE 39th Ct, Ocala, FL 34480

Stone fireplace • Breakfast bar • Tiled walk in shower

FOR SALE BY OWNER

$697,770

4 beds3 baths2,639 sq ft

4280 SE 26th Terrace Rd, Ocala, FL 34480

Double bay rv garage • Full house generator • Alarm system

Home values near 2040 SE 40th Street Rd

Data from public records.

Address	Redfin Estimate
2001 SE 40th Street Road, Ocala, FL 2 Beds \| 1 Baths \| 1936 Sq. Ft.	$289,103
2000 SE 40th Street Road, Ocala, FL 8 Beds \| 4 Baths \| 3233 Sq. Ft.	—

Address	Redfin Estimate
2021 SE 40th Street Road, Ocala, FL 4 Beds \| 2 Baths \| 2088 Sq. Ft.	$281,641
1980 SE 40th Street Road, Ocala, FL 8 Beds \| 4 Baths \| 3233 Sq. Ft.	$405,539

Address	Redfin Estimate
2061 SE 40th Street Road, Ocala, FL 4 Beds \| 2 Baths \| 1936 Sq. Ft.	$278,675
1990 SE 40th Street Road, Ocala, FL 9 Beds \| 5 Baths \| 3233 Sq. Ft.	—

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 34480, FL

Sale history for 2040 SE 40th Street Rd

Tax history for 2040 SE 40th Street Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 34480

Home values near 2040 SE 40th Street Rd

More real estate resources