Date
Details
Price
Change
Source
11/25/2025
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$449,000 Sale Pending
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Property Description
Under contract-accepting backup offers. QUADPLEX - Turnkey Investment Opportunity in the heart of Southeast Ocala. Renovated and leased quadplex featuring four 2-bedroom, 1-bathroom units. Each unit is separately metered, with tenants responsible for all utilities, providing a hassle-free investment with strong cash flow. The seller states the property is well-maintained. Whether expanding your portfolio or entering the multifamily market, this property could be for you. Conveniently located near shopping, hospitals, major employment, and more. Priced to sell quickly in a strong rental demand area.
Full Property Details
Full Property Details for 2040 SE 40th Street Rd
General
- Price: $449,000
- Taxes: $6,764 (2025)
- Status: Pending
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM714077
- Updated: 12/27/2025
- Added to Site: 57 day(s) ago
Interior
- Interior Features: Living Room/Dining Room Combo, Other
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Exterior
- Exterior Features: Other
Location
- Area: 34480 - Ocala
- County: Marion
- Development Name: 34480 - Ocala
- Subdivision: CITRUS PARK
- Driving Directions: FROM SE 38TH ST TURN RIGHT ON SE 20TH CT. GO TO STOP SIGN. TURN LEFT ON SE 40TH ST RD. PROPERTY IS ON THE RIGHT.
School Information
- Elementary School: Eighth Street Elem. School
- Middle School: Fort King Middle School
- High School: Forest High School
Community
- Community Name: 34480 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame (FSC Certified), Wood Siding
- Roof: Shingle
- Square Feet: 3,227
- Sq. Ft. Source: Public Records
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Lot Size: 12197
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $6,764.23
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK A LOT 21
- Flood Zone Info: X
- APN: 3120001021
- Property ID: 3120001021
- Block/Lot/Section: A
Listed by 1St Class Real Est Premier Grp
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Listing agent
— 2040 SE 40th Street Rd —
1St Class Real Est Premier Grp
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Schools
Schools serving 2040 SE 40th Street Rd
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
South Ocala Elementary School 1430 Southeast 24th Road, Ocala, FL 34471 | PK-5 | 1.2 mi |
Osceola Middle School, Ocala, FL 526 Southeast Tuscawilla Avenue, Ocala, FL 34471 | 6-8 | 2.9 mi |
Forest High School 5000 Southeast Maricamp Road, Ocala, FL 34480 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2040 SE 40th Street Rd
Tax History
Tax History for 2040 SE 40th Street Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,090
4%
$241,903
10%
2023
$5,839
13%
$219,912
10%
2022
$5,170
101%
$199,920
476%
2021
$2,575
—
$34,703
49%
2021
$2,575
11%
$23,297
26%
2019
$2,314
-25%
$18,422
-45%
2018
$3,088
3%
$33,235
10%
2017
$3,006
2%
$30,214
10%
2016
$2,945
100%
$27,467
10%
2015
$1,472
-41%
$24,970
-72%
2014
$2,486
7%
$89,760
10%
2013
$2,326
—
$81,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2040 SE 40th Street Rd
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- Duplex
- Active
- Updated 1 hour ago
- 6Beds
- 4Total Baths
- 1,872Sq. Ft.
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- Single Family
- Active
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- Lots/Land
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- 2Total Baths
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- Lots/Land
- Active
- Updated 2 days ago
- 0.82Acres
Listed by Kingdom Key Realty Group
- Lots/Land
- Active
- Updated 18 hours ago
- 0.16Acres
Listed by Re/Max 200 Realty
- Lots/Land
- Active
- Updated 4 days ago
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 1,800Sq. Ft.
Listed by Exp Realty Llc
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 3,354Sq. Ft.
Listed by Next Generation Realty Of Marion County Llc
Sold by Magnolia Homes and Land Llc
Sold by Magnolia Homes and Land Llc
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 2,011Sq. Ft.
Listed by Compass Florida Llc
Sold by Roberts Real Estate Inc
Sold by Roberts Real Estate Inc
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,626Sq. Ft.
Listed by Florida Advantage Realty Group
Sold by Redfin Corporation
Sold by Redfin Corporation
- Single Family
- Closed
- 5Beds
- 4Total Baths
- 3,349Sq. Ft.
Listed and Sold by Engel & Volkers Ocala
2040 SE 40th Street Road, Ocala, FL 34480 (MLS# OM714077) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 2040 SE 40th Street Road is currently listed for $449,000 and was received on November 25, 2025. Want to learn more about 2040 SE 40th Street Road? Do you have questions about finding other Multi-Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.