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$445,000
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Property Description
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
- Sold For: $445,000
- Taxes: $6,764 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM714077
- Added to Site: 114 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
- Living Area: 3,227 Sq. Ft.
- 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
Sold by Keller Williams Realty Smart
Get Pre-Approved Today
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2040 SE 40th Street Rd
Date
Details
Price
Change
Source
1/22/2026
Sold
$445,000
-0.89%
MLS
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.
2040 SE 40th Street Road, Ocala, FL 34480 (MLS# OM714077) is a Multi-Family property that was sold at $445,000 on January 22, 2026. 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.

