829 3RD STREET OCALA FL 34470

Overview of 829 Ne 3rd St

Income-producing opportunity in a high-demand rental pocket of ocala — this well-maintained triplex at 829 ne 3rd street is currently producing $3,675 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 with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, 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.

This lovely single family home was built in 1938 and features 4 bedrooms, and 3 full bathrooms. This home for sale is 1,676 square feet, with 1,676 sq ft being air conditioned living space. The home has a does not have a private swimming pool.

Directions to this property are as follows: From E Silver Springs Blvd (sr-40): Head North On Ne 8th Ave, Turn Right Onto Ne 8th St, Then Right Onto Ne 3rd St. Property Is On The Left.

Please contact your ZFC agent for more information about MLS# MFRO6406552 or any other homes for sale in Ocala or elsewhere in the Marion County area.