2040 40TH STREET, OCALA, FL 34480

$449,000

Beds: 8

Baths: N/A Full

Sq. Ft.: 3,227 Sq. Ft.

Year Built: 1984

Lot Size: 0.28 Acres

Garage: N/A

Pool: No

DOM: 27

Property Overview

Status: Closed

Property Type: Residential Income

MLS #: 5a49989b37abba307d44924915700efc

Subdivision: CITRUS PARK

County: Marion

HOA Fee: N/A

Year Built: 1984

Construction: Wood Frame (FSC Certified), Wood Siding

Foundation: Slab

Roof: Shingle

Cooling: Central Air

Heating: Central

Sewer: Public Sewer

Water Source: Public

Zoning: R3

Tax Amount: $6,764.23 (2025)

Date Sold: Jan 22, 2026

Sold Price: $445,000

Listed On: Nov 18, 2025

Description

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.

Exterior Features

Other

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.

School Information

Elementary: Eighth Street Elem. School

Middle: Fort King Middle School

High: Forest High School

Location

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Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

1ST CLASS REAL EST PREMIER GRP

Listing Agent: John Amerson

Information is deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: March 1, 2026, 4:19 pm UTC

MLS Source: Stellar MLS Copyright © 2026

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