Sold
Last Sold Price
8 beds4 baths3,233 sqft

1920 SE 40th Street Rd, Ocala, FL 34480

Multi FamilyProperty Type
0.27 acresLot Size
1983Year Built
$116/sq ftPrice per sq ft

Description

Calling all Investors! Fully occupied 2/1 Quadraplex, Excellent location in SE Ocala is conveniently located close to shopping, restaurants and good schools. 3 units rented for $700/mo and 1 unit rented for $800/mo. All utilities are the responsibility of the tenants; lawn maintenance is owners responsibility. Roof is 2010Calling all Investors! Fully occupied 2/1 Quadraplex, Excellent location in SE Ocala is conveniently located close to shopping, restaurants and good schools. 3 units rented for $700/mo and 1 unit rented for $800/mo. All utilities are the responsibility of the tenants; lawn maintenance is owners responsibility. Roof is 2010
  • Listed by: Marcia Kasper 352.512.8719 mkasper@remax.net Brokerage DRE #1019541 • RE/MAX ALLSTARS REALTY
Listing closed: 03/27/2023 12:00 AM • Source: MFRMLS, MLS#: OM651600
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Recent comparable sales

Median sold price

$445,000

Avg days on market

32

Sale-to-list ratio

93.6%

Ocala, FL

9 comparable properties found

$445,000 | 2040 Southeast 40th Street Road, Ocala, FL 34480
1/2
1

$445,000

Sold 01/22/26

8
Bedrooms
4
Bathrooms
3,227
Square Feet
0.28
Acres
$535,000 | 1902 Northeast 17th Place, Ocala, FL 34470
1/29
2

$535,000

Sold 06/30/26

8
Bedrooms
4
Bathrooms
3,136
Square Feet
0.3
Acres
$485,000 | 1836 Southwest 109th Place, Ocala, FL 34476
1/23
3

$485,000

Sold 06/12/25

8
Bedrooms
4
Bathrooms
3,599
Square Feet
0.35
Acres
$310,000 | 1639 Northeast 16th Avenue, Ocala, FL 34470
1/28
4

$310,000

Sold 01/30/26

8
Bedrooms
4
Bathrooms
1,635
Square Feet
0.3
Acres
$490,000 | 1733 Southwest 108th Lane, Unit 14, Ocala, FL 34476
1/9
5

$490,000

Sold 03/21/25

8
Bedrooms
4
Bathrooms
3,599
Square Feet
0.51
Acres
$500,000 | 3721 Northeast 41st Street, Ocala, FL 34479
1/15
6

$500,000

Sold 05/08/26

8
Bedrooms
4
Bathrooms
2,927
Square Feet
0.28
Acres
$436,000 | 2910 Southeast 50th Court, Ocala, FL 34480
1/2
7

$436,000

Sold 03/31/26

6
Bedrooms
4
Bathrooms
3,066
Square Feet
0.33
Acres
$340,000 | 5211 Southeast 29th Street, Ocala, FL 34480
1/18
8

$340,000

Sold 09/08/26

6
Bedrooms
4
Bathrooms
3,066
Square Feet
0.33
Acres
$429,000 | 5210 Southeast 29th Street, Ocala, FL 34480
1/2
9

$429,000

Sold 02/13/26

6
Bedrooms
4
Bathrooms
3,066
Square Feet
0.33
Acres

Location

Listing Courtesy of RE/MAX ALLSTARS REALTY

Sold By HAUZS INC

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$2,403 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,002

Property Taxes

$401

HOA Dues

$0

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Property Information for 1920 Southeast 40th Street Road

Property Details

  • Taxes: $4,808 / year
  • MLS Type: Residential Income / Quadruplex
  • Subdivision Name: CITRUS PARK
  • Township: 15S
  • Waterfront: No

Building Information

  • Residences: 4
  • Year Built: 1983
  • Lot Size: 0.27 AC / 11,761 SF

Summary

Location and General Information
  • Building Area Units: Square Feet
  • Directions: North on SE 1 Avenue toward E FT King Street, Immediately turn Left onto Magnolia Avenue, Road changes to SE Lake Weir Avenue, Left onto SE 38 Street, Right onto SE 17 Court, Road changes to SE 40 Street Road, Quad is on the Right.
  • Elementary School: South Ocala Elementary School
  • Middle Or Junior School: Osceola Middle School
  • High School: Forest High School
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1920
  • 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-014
  • Tax Legal Description: SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK A LOT 14
  • Tax Lot: 14
  • Tax Year: 2022
Virtual Tour

Property

Lot Information
  • Additional Parcels: No
  • Parcel Number: 3120001014
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R3
  • Living Area: 3233
Property and Assessments
  • Year Built Numeric: 1983
  • Flood Zone Code: x
  • New Construction: No
  • Public Survey Range: 22E
  • Public Survey Section: 33
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Features: Sliding Doors
  • Foundation Details: Slab
  • 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: Natural Gas
  • Interior Features: Living Room/Dining Room Combo
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Multi Family

Multi-Family Information
  • Annual Net Income: $34,000.00
  • Unit Count: 4

Property History for 1920 Southeast 40th Street Road

DateEvent & SourcePriceAppreciation
Mar 27, 2023

Sold (Public Record)

Public Record #1508575171

$375,000

+18.3% / yr

Mar 27, 2023

Sold

MFRMLS #OM651600

$375,000—
Feb 22, 2023

Pending

MFRMLS #OM651600

—
DateEvent & SourcePrice
03/27/2023

Sold (Public Record)

Public Record #1508575171

$375,000

+18.3% / yr

03/27/2023

Sold

MFRMLS #OM651600

$375,000
02/22/2023

Pending

MFRMLS #OM651600

—

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

Public records

1920 Southeast 40th Street Road

Baths

4

Total Finished SqFt

3,233 SqFt

Above Grade Finished SqFt

3,233 SqFt

Stories

1

Lot Size

11,761 SqFt

Style

Quadraplex

Schools near 1920 Southeast 40th Street Road

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

Osceola Middle School
Public6 to 8

Forest High School
Public9 to 12

Francis Marion Charter School
Charter6 to 8

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1920 Southeast 40th Street Road, Ocala, FL 34480
$375,000
8
4
3,233
11,761
$225,000
–
4
3,233
12,197
$197,500
–
4
3,233
12,197
$490,000
–
–
3,233
12,197
$63,000
4
2,160
34
–
–
2
2,236
13,939

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX ALLSTARS REALTY

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.