829 NE 3RD ST

$399,000

4Bedrooms
3Bathrooms
1,676Sq Ft
1938Year Built
N/AGarage
9Days on Market
0.1 acLot Size

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.

Facts & Features

MLS #
MFRO6430712
PRICE
$399,000
STATUS
Active
BEDROOMS
4
BATHROOMS
3
FULL BATHS
N/A
HALF BATHS
N/A
SQUARE FOOTAGE
1,676 sqft
ACRES
0.1
YEAR BUILT
1938
TYPE
Triplex
STYLE
N/A

Amenities

AMENITIES
N/A
PARKING
N/A
VIEW
No
WATERFRONT
No
POOL
No

Exterior

STYLE
N/A
CONSTRUCTION
Frame
FOUNDATION
Concrete Perimeter
ROOF
Shingle
FENCING
N/A
LOT DESCRIPTION
N/A

Additional Information

DATE LISTED
August 18, 2026
DAYS ON MARKET
9
ZONING
R3
DIRECTION FACES
N/A
NEW CONSTRUCTION
No
SPECIAL CONDITIONS
None

Community Information

ADDRESS
829 NE 3RD ST
SUBDIVISION
Smith & Daughertys Add/City/O
CITY
Ocala
COUNTY
Marion
STATE
FL
ZIP CODE
34470
SENIOR COMMUNITY
No

Interior

INTERIOR FEATURES
Ceiling Fans(s), Built-in Features
HEATING
Electric
COOLING
Wall/Window Unit(s)
FLOORING
N/A
FIREPLACE
N/A
STORIES
N/A
APPLIANCES
N/A

School Information

DISTRICT
N/A
ELEMENTARY
Eighth Street Elem School
MIDDLE
Osceola Middle School
HIGH
Vanguard High School

Location

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