$475,000

506 NE 28TH AVENUE, Ocala, FL 34470

  • 16 beds |
  • 16 baths |
  • 2,100 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon0.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $226/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Discover an exceptional investment opportunity with this fully leased quadruplex, offering four clean and inviting 1-bedroom, 1-bath units. Each residence has been refreshed with light updates, giving the interiors a bright, tidy feel that tenants love— and investors appreciate. This property delivers immediate stability and long-term value with a strong annual net income of $50,400. Every unit is already rented, making this a true turnkey, income-producing asset from day one. The building sits on a well-maintained lot with solid construction and practical updates that help reduce ongoing maintenance and support consistent occupancy. Whether you're growing your portfolio or searching for your next reliable cash-flow generator, this asset checks the important boxes: condition, stability, and performance. Opportunities like this are rare — a refreshed quadruplex with proven income and zero vacancy. The work is done; the returns are already in motion.

Listing Status:
Active
Date Added:
November 26, 2025 at 06:00AM
Listing Office:
SAFETYNET REALTY : 317-603-8743
Listing Agent:
Lorena Hernandez : 386-383-0044
MLS ID:
O6362268
  • General: Ceiling Fans(s)
  • Laundry: None
  • A/C: Wall/Window Unit(s)
  • Heating: None
  • General: Other
  • Roofing: Metal
  • General: BlockStuccoSlab
  • Road/Access: AsphaltConcrete
  • Originating MLS: Stellar MLS
  • County: Marion
  • Zoning: R3SEC 15 TWP 15 RGE 22 PLAT BOOK C PAGE 034 FRENCH ESTATES BLK B LOTS 22.23.24.25.262780-002-022
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Lorena Hernandez, SAFETYNET REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

New Leaf Center

1601 NE 25th Ave Ste 602, Ocala, FL, 34470

Grades KG-12

0.74 miles away

N

New Leaf Center

1601 NE 25th Ave Ste 602, Ocala, FL, 34470

Grades KG-12

0.74 miles away

N

New Leaf Center

1601 NE 25th Ave Ste 602, Ocala, FL, 34470

Grades KG-12

0.74 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.