1820 SE 40th Street Rd

4
Baths
3,233 Sq. Ft.
$182 / Sq. Ft.
3,233
Sq. Ft.
$182
per Sq. Ft.

Description

Income-producing quadplex in SE Ocala's Citrus Park! This fee simple property features four 2-bedroom, 1-bathrooms with separate meters. Built in 1982 and offering 3,233 heated Sq ft, the building sits on a 0.28 acre lot in Flood Zone X. Interior finishes include tile, vinyl, and laminate flooring and includes central air. Zoned R-3 with no HOA or special sale conditions. Located minutes from SE Maricamp Rd and major conveniences — a solid turnkey investment with room to grow.Income-producing quadplex in SE Ocala's Citrus Park! This fee simple property features four 2-bedroom, 1-bathrooms with separate meters. Built in 1982 and offering 3,233 heated Sq ft, the building sits on a 0.28 acre lot in Flood Zone X. Interior finishes include tile, vinyl, and laminate flooring and includes central air. Zoned R-3 with no HOA or special sale conditions. Located minutes from SE Maricamp Rd and major conveniences — a solid turnkey investment with room to grow.
  1. Listed by Freddy Pinero • Brokerage DRE #1035217 • LOKATION
    P: (407)-988-7550 C: (407)-988-7550 wpinero007@gmail.com

Property Details for 1820 Southeast 40th Street Road

Subdivision Name
CITRUS PARK
Township
15S
Waterfront
No
LISTING UPDATED: 01/22/2026 06:51 AM

Property Details for 1820 Southeast 40th Street Road

StatusActive
MLS #OM717087
Days on Market1
Taxes$7,677 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1982
Lot Size0.28 AC / 12,197 SF
CountyMarion County

Location

Listing Courtesy of LOKATION
Add your commute

Building Information for 1820 Southeast 40th Street Road

Stories-Residences1Year Built1982Building Size-Lot Size0.28 AC / 12,197 SF

Payment Calculator

$3,510 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,871

Property Taxes

$640

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1820 Southeast 40th Street Road

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Head S on SE 36th Avenue. Turn left onto SE 38th Street, then continue as it curves into SE 40th Street Road. The property will be on the left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1820
  • Street Direction Prefix: SE
  • Street Name: 40TH STREET
  • Street Suffix: ROAD
  • State: FL
  • City: OCALA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: A
  • Tax Book Number: S-014CITRUS
  • Tax Legal Description: SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK A LOT 10
  • Tax Lot: 10
  • Tax Year: 2025
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 100 x 120 x 100 x 120
  • Parcel Number: 3120001010
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R3
  • Living Area: 3233
  • Lot Dimensions: 100 x 120 x 100 x 120
Property and Assessments
  • Year Built Numeric: 1982
  • Flood Zone Code: X
  • Flood Zone Date: 08-28-2008
  • Flood Zone Panel: 12083C0538D
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 22E
  • Public Survey Section: 33
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Features: Other
  • Foundation Details: Block
  • Levels: One
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Electric, Natural Gas
  • Interior Features: Other
  • Laundry Features: Inside
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Double Pane Windows
Multi Family
Multi-Family Information
  • Annual Net Income: $3,921.00
  • Unit Count: 4

Property History for 1820 Southeast 40th Street Road

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Listed (Active)

MFRMLS #OM717087

$589,000
Jun 20, 2024

Sold

MFRMLS #OM666581

$535,000
Jun 19, 2024

Sold (Public Record)

Public Record #1535516541

$535,000
Jun 19, 2024

Sold (Public Record)

Public Record #1922722528

$535,000

+27.5% / yr

May 10, 2024

Pending

MFRMLS #OM666581

Oct 18, 2023

Listed (Active)

MFRMLS #OM666581

$559,000
Jul 19, 2019

Sold (Public Record)

Public Record #648912423

$162,000

-1.4% / yr

Jul 19, 2019

Sold

MFRMLS #OM558150

$162,000
Jul 8, 2019

Pending

MFRMLS #OM558150

Jun 17, 2019

Listed (Active)

MFRMLS #OM558150

$189,900
Dec 10, 2008

Expired

MFRMLS #OM306864

$249,900
Jun 17, 2008

Listed (Active)

MFRMLS #OM306864

$249,900
Jun 10, 2008

Expired

MFRMLS #OM302960

$249,900
Apr 21, 2008

Listed (Active)

MFRMLS #OM302960

$249,900
Dec 10, 2007

Expired

MFRMLS #OM284904

$285,900
Jul 10, 2007

Listed (Active)

MFRMLS #OM284904

$285,900
Jun 20, 2007

Expired

MFRMLS #OM237450

$250,000
Jun 21, 2006

Listed (Active)

MFRMLS #OM237450

$285,000
Dec 23, 2005

Expired

MFRMLS #OM203338

$299,500
Jun 23, 2005

Listed (Active)

MFRMLS #OM203338

$310,000
Feb 3, 2005

Sold (Public Record)

Public Record #151189563

$200,000

+76.5% / yr

Jan 31, 2005

Sold

MFRMLS #OM155607

$200,000
Jan 1, 2005

Pending

MFRMLS #OM155607

Aug 31, 2004

Sold (Public Record)

Public Record #142475472

$156,900
Aug 31, 2004

Sold

MFRMLS #OM153758

$156,900
Aug 31, 2004

Pending

MFRMLS #OM153758

Aug 12, 2004

Listed (Active)

MFRMLS #OM155607

$199,000
Jul 12, 2004

Listed (Active)

MFRMLS #OM153758

$159,900
DateEvent & SourcePrice
01/21/2026

Listed (Active)

MFRMLS #OM717087

$589,000
06/20/2024

Sold

MFRMLS #OM666581

$535,000
06/19/2024

Sold (Public Record)

Public Record #1535516541

$535,000
06/19/2024

Sold (Public Record)

Public Record #1922722528

$535,000

+27.5% / yr

05/10/2024

Pending

MFRMLS #OM666581

10/18/2023

Listed (Active)

MFRMLS #OM666581

$559,000
07/19/2019

Sold (Public Record)

Public Record #648912423

$162,000

-1.4% / yr

07/19/2019

Sold

MFRMLS #OM558150

$162,000
07/08/2019

Pending

MFRMLS #OM558150

06/17/2019

Listed (Active)

MFRMLS #OM558150

$189,900
12/10/2008

Expired

MFRMLS #OM306864

$249,900
06/17/2008

Listed (Active)

MFRMLS #OM306864

$249,900
06/10/2008

Expired

MFRMLS #OM302960

$249,900
04/21/2008

Listed (Active)

MFRMLS #OM302960

$249,900
12/10/2007

Expired

MFRMLS #OM284904

$285,900
07/10/2007

Listed (Active)

MFRMLS #OM284904

$285,900
06/20/2007

Expired

MFRMLS #OM237450

$250,000
06/21/2006

Listed (Active)

MFRMLS #OM237450

$285,000
12/23/2005

Expired

MFRMLS #OM203338

$299,500
06/23/2005

Listed (Active)

MFRMLS #OM203338

$310,000
02/03/2005

Sold (Public Record)

Public Record #151189563

$200,000

+76.5% / yr

01/31/2005

Sold

MFRMLS #OM155607

$200,000
01/01/2005

Pending

MFRMLS #OM155607

08/31/2004

Sold (Public Record)

Public Record #142475472

$156,900
08/31/2004

Sold

MFRMLS #OM153758

$156,900
08/31/2004

Pending

MFRMLS #OM153758

08/12/2004

Listed (Active)

MFRMLS #OM155607

$199,000
07/12/2004

Listed (Active)

MFRMLS #OM153758

$159,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1820 Southeast 40th Street Road

Taxable ValueLand$43,200Additions$324,000Total$367,200
Tax Record2025$7,677 ($640 / month)
Home Facts
Baths4Total Finished SqFt3,233 SqFtAbove Grade Finished SqFt3,233 SqFtStories1Lot Size12,197 SqFtStyleQuadraplexYear Built1982Year Renovated2009ZoningR3CountyMARIONAPN3120-001-010

Schools near 1820 Southeast 40th Street Road

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
South Ocala Elementary School
PublicPK to 5

Osceola Middle School
Public6 to 8

Forest High School
Public9 to 12

Fordham Early Learning Academy
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1820 Southeast 40th Street Road is a multi-family home for sale in Ocala, FL 34480. This property was listed for sale on January 21, 2026 by LOKATION, it's currently listed at $589,000. It has been on the market for a total of 1 days and was last sold on June 20, 2024. This listing's school district is Marion. Nearby schools include South Ocala Elementary School, Osceola Middle School and Forest High School. 1820 Southeast 40th Street Road is a 8-bed, 4-bath, 3,233 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LOKATION

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.