Map
Link Copied
Listed price in listed location currency (USD).
$589,000

640

MLS® TB8498918

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3417 sqft
Garage 
Taxes $7,047
Days Active 47
Lot Size 
Approx. Age 1984
Avg. Price Per Sqft $172
MLS® Number TB8498918

Property Address: 2950 Se 53rd Ct, OCALA, FL, 34480-1397

Average square foot calculated using Size range provided by listing agent.

Description

11% CAP RATE. Investor opportunity in desirable Southeast Ocala! This quadplex consists of four 2-bedroom, 2-bathroom units generating approximately $5, 443/month ($65, 316 annually) at full occupancy. Currently, three units are leased with one recently vacated—offering immediate upside to place a new tenant at market rent or for potential owner-occupancy. Current rent roll: Apt A – $1, 400/mo (lease through 03/31/2027) Apt B – $1, 350/mo (renewed, Section 8) Apt C – $1, 393/mo (Section 8) Apt D – $1, 300/mo (recently vacated). Two units have been renovated with vinyl flooring, updated kitchens, and bathrooms, while two remain unrenovated with tile flooring, providing clear value-add potential to increase rents and returns. Each unit features a front porch, functional layouts, and strong tenant appeal. Major improvements include a new roof (2025) and a new $25, 000 driveway (Dec 2025). Landscaping is maintained weekly. HOA is $142.72/month and includes trash service. Tenants pay water and electric, helping keep operating expenses low. Conveniently located near shopping, dining, and major roadways, supporting consistent rental demand in Ocala’s growing market. Whether you're looking for a cash-flowing asset with upside or a value-add opportunity, this property delivers. Schedule your showing today!
MLS® NumberTB8498918
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1984
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$589,000List Price
  • Commute

Commute

Starting Address
Destination Address
2950 Se 53Rd Ct, Ocala, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties