2040 Southeast 40th Street Road

Sold 1/22/26
Sold 1/22/26
Gallery Image 1
Sold
Last Sold Price
$445,000
8 beds4 baths3,227 sqft

2040 SE 40th Street Rd, Ocala, FL 34480

Multi FamilyProperty Type
0.28 acresLot Size
1984Year Built
$138/sq ftPrice per sq ft

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,...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.
  • Listed by: John Amerson 352.462.8884 jamersonrealtor@gmail.com Brokerage DRE #1061653 • 1ST CLASS REAL EST PREMIER GRP
Listing closed: 01/22/2026 12:00 AM • Source: MFRMLS, MLS#: OM714077
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Location

Listing Courtesy of 1ST CLASS REAL EST PREMIER GRP

Sold By KELLER WILLIAMS REALTY SMART

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$2,939 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,376

Property Taxes

$564

HOA Dues

$0

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Property Information for 2040 Southeast 40th Street Road

Property Details

  • Taxes: $6,764 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Marion County
  • Subdivision Name: CITRUS PARK
  • Township: 15S
  • Waterfront: No

Building Information

  • Residences: 4
  • Year Built: 1984
  • Lot Size: 0.28 AC / 12,197 SF

Summary

Location and General Information
  • Building Area Units: Square Feet
  • 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.
  • Elementary School: Eighth Street Elem. School
  • Middle Or Junior School: Fort King 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: 2040
  • 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 21
  • Tax Lot: 21
  • Tax Year: 2025

Property

Lot Information
  • Additional Parcels: No
  • Parcel Number: 3120001021
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R3
  • Living Area: 3227
Property and Assessments
  • Year Built Numeric: 1984
  • Flood Zone Code: X
  • Flood Zone Date: 08-28-2008
  • Flood Zone Panel: 12083C0538D
  • New Construction: No
  • Public Survey Range: 22E
  • Public Survey Section: 33
Utilities
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Construction Materials: Wood Frame (FSC Certified), Wood Siding
  • Exterior Features: Other
  • 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: Central
  • Interior Features: Living Room/Dining Room Combo, Other
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Multi Family

Multi-Family Information
  • Annual Net Income: $27,753.00
  • Unit Count: 1

Property History for 2040 Southeast 40th Street Road

DateEvent & SourcePriceAppreciation
Jan 22, 2026

Sold

MFRMLS #OM714077

$445,000—
Jan 20, 2026

Sold (Public Record)

Public Record #1927540706

$445,000

+3.2% / yr

Dec 22, 2025

Pending

MFRMLS #OM714077

—
DateEvent & SourcePrice
01/22/2026

Sold

MFRMLS #OM714077

$445,000
01/20/2026

Sold (Public Record)

Public Record #1927540706

$445,000

+3.2% / yr

12/22/2025

Pending

MFRMLS #OM714077

—

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

Public records

2040 Southeast 40th Street Road

Lot Size

60,113 SqFt

Style

Waste Land / Marshes

Zoning

R3

County

MARION

APN

3120+001-021

Schools near 2040 Southeast 40th Street Road

This home is within Marion County Public Schools.
Rating
School
Type
Grades
Distance
South Ocala Elementary School
Public - PK to 5
Osceola Middle School
Public - 6 to 8
Forest High School
Public - 9 to 12
Francis Marion Charter School
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: 2040 Southeast 40th Street Road, Ocala, FL 34480
$445,000
8
4
3,227
12,197
4190 Southeast 21st Court, Ocala, FL 34480
$95,000
–
2
2,036
12,197
2061 Southeast 40th Street Road, Ocala, FL 34480
$100
–
1
1,936
15,246
2171 Southeast 40th Street Road, Ocala, FL 34480
$295,000
–
2
1,980
16,553
4150 Southeast 21st Court, Ocala, FL 34480
$167,500
–
2
2,036
10,019
4151 Southeast 21st Court, Ocala, FL 34480
$147,000
4
2,072
13,939

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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 1ST CLASS REAL EST PREMIER GRP

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.