34 NW 21ST PLACE, Ocala, FL 34475

• 2,695 sqft

Property Description

Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income. Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns. Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA. Ideal for investors seeking a stabilized asset with immediate cash flow and the ability to further increase returns through strategic improvements.

Listing Status:

Active

Date Added:

April 17, 2026

Data Last Updated:

April 29, 2026 at 3:24AM

Listing Office:

EXP REALTY LLC : 888-883-8509

Listing Agent:

Tina White : 956-337-7160

MLS ID:

TB8498558

Interior

• General: Open Floorplan
• Laundry: Inside
• A/C: Central Air
• Heating: Central

Exterior

• General: Private Entrance

Construction

• Roofing: Shingle
• General: BlockSlab

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Marion

Lot

• Zoning: R3SEC 05 TWP 15 RGE 22 PLAT BOOK T PAGE 070 NORTH ROADS PARK LOT 122511-012-000

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Septic Tank

Financial

• Source: Stellar MLS
• Ownership: Fee Simple