OCALA, FL 34470 829 NE 3RD STREET

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Presented By: ALPHA EQUITY REALTY & MANAGEMENT INC with 407-789-1002. - 407-789-1002
  • MLS# O6400392
  • 04/22/2026
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 4
  • Baths • 3
  • SQFT • 1,676

Home Details

Income-producing opportunity in a high-demand rental pocket of Ocala — this well-maintained triplex at 829 NE 3rd Street is currently producing $3,675 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 with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, 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.
Presented By: ALPHA EQUITY REALTY & MANAGEMENT INC with 407-789-1002. - 407-789-1002

Interior Features for 829 NE 3RD STREET

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Ceiling Fan(s)
Laundry FeaturesLaundry Room
Window FeaturesBlinds

General for 829 NE 3RD STREET

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityOCALA
Construction MaterialsWood Frame
CoolingWall/Window Unit(s)
CountyMarion
DirectionsFrom E Silver Springs Blvd (SR-40): Head north on NE 8th Ave, turn right onto NE 8th St, then right onto NE 3rd St. Property is on the left.
Elementary SchoolEighth Street Elem. School
Flood Zone CodeAE
Garage Y/NNo
Gross Income44100
HeatingElectric
High SchoolVanguard High School
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionSEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24
Living Area UnitsSquare Feet
Lot Size Square Feet4356
Lot Size UnitsSquare Feet
MLS Area34470 - Ocala
Middle/Junior High SchoolOsceola Middle School
Minimum Lease8-12 Months
New ConstructionNo
OwnershipFee Simple
Property SubtypeTriplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSMITH & DAUGHERTYS ADD/CITY/O
Tax Annual Amount2072.29
Tax Lot24
Tax Year2025
Total Actual Rent3675
UtilitiesPublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1938
ZoningR3

Exterior for 829 NE 3RD STREET

Exterior AmenitiesFenced
Foundation DetailsConcrete Perimeter
Lot Dimensions53 x 85
Lot Size Acres0.1
Lot Size Area4356
Number of Buildings1
Private PoolNo
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $450,000
MLS#O6400392
List Date 04/22/2026
Property Type Income
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