$
Active
829 NE 3RD ST
Ocala, Marion, FL, 34470
$399,000
$238/sqft
4Beds
3Baths
1,676Sq Ft
1938Built
9Days on Market
About this home
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 ID#MFRO6430764
Price$399,000
StatusActive
Bedrooms4
Bathrooms3
Full Baths3
Half Baths0
Square Footage1,676 sqft
Acres0.1000
Year Built1938
TypeResidential
SubtypeSingle Family Residence
StyleN/A
Community Information
Address829 NE 3RD ST
SubdivisionSmith & Daughertys Add/City/O
CityOcala
CountyMarion
StateFL
Zip Code34470
Senior CommunityNo
Amenities
AmenitiesN/A
ParkingN/A
ViewNo
WaterfrontNo
PoolNo
Interior
Interior FeaturesCeiling Fans(s), Built-in Features
HeatingElectric
CoolingWall/Window Unit(s)
FlooringTile, Luxury Vinyl
FireplaceN/A
StoriesN/A
AppliancesCooktop, Dishwasher
Exterior
Exterior FeaturesOther
ConstructionFrame
FoundationConcrete Perimeter
RoofShingle
FencingN/A
Lot FeaturesN/A
School Information
ElementaryEighth Street Elem School
MiddleOsceola Middle School
HighVanguard High School
Additional Information
Date ListedAugust 18, 2026
Days on Market9
ZoningR3
Direction FacesNortheast
New ConstructionNo
Mortgage Calculator
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. ALPHA EQUITY REALTY & MANAGEMENT INC is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
9 days on market
Listed by: Tatuli Kotchlamazashvili · 646-388-4766—ALPHA EQUITY REALTY & MANAGEMENT INC · 407-789-1002
Updated from Real Estate Market Data
MLS/IDX data last updated: November 14, 2026 7:13 AM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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