About 829 Ne 3rd Street
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.
Features of 829 Ne 3rd Street
| MLS® # | O6430712 |
|---|---|
| Price | $399,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 1,676 |
| Acres | 0.10 |
| Year Built | 1938 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Listing Details
| Office | ALPHA EQUITY REALTY & MANAGEMENT INC |
|---|
Listing Map
Neighborhood Information for 829 Ne 3rd Street
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Ambleside School Of Ocala Private - Kindergarten to 8Th Grade - Closest Elementry School |
0 Miles | |
|
Wyomina Park Elementary School Public - Preschool to 5Th Grade |
0 Miles | |
|
Osceola Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Eighth Street Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Dr Dd Brown Christian Academy Of Hope Private - to |
1 Miles | |
|
|
Marion Technical Institute Public - 11Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
|
Marion Virtual School Public - 11Th Grade to 12Th Grade |
1 Miles |
School data provided by GreatSchools