For sale

Price cut: $10K (5/14)

$564,000

2000 SE 40th Street Rd, Ocala, FL 34480

8beds

4baths

3,233sqft

Get pre-qualified

Quadruplex, Multi Family

Built in 1983

-- sqft lot

$-- Zestimate^®

$174/sqft

$-- HOA

What's special

Central airShingle roofDurable wood siding

Investor-ready quadplex in the heart of Ocala! This fully occupied, income generating property features four spacious 2-bedroom units, each with 1 bathroom and separate metering. With a total of 3,233 heated Sq Ft and a solid rental history, this fee simple asset offers immediate cash flow. Situated on a 0.28-acre lot in Citrus Park, the building boasts durable wood siding, shingle roof, and central air. Interior finishes include tile, vinyl, and laminate flooring. Zoned R-3 and located in Flood Zone X, this property combines stability, scalability, and long-term upside. Minutes from SE Maricamp Rd and major conveniences. No HOA, no special sale conditions — just a clean, performing investment.

147 days

302

23

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Electric

Cooling

Central Air

Appliances

Included: Range, Range Hood, Refrigerator
Laundry: Inside

Features

Other
Flooring: Laminate, Tile, Vinyl
Basement: Other
Has fireplace: No

Interior area

Total interior livable area: 3,233 sqft

Video & virtual tour

View virtual tour

Property

Features

Levels: One
Stories: 1
Patio & porch: Patio
Exterior features: Other

Lot

Size: 0.28 Acres
Dimensions: 99 x 120 x 99 x 119

Details

Additional structures: Other
Parcel number: 3120001019
Zoning: R3
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Wood Siding
Foundation: Block
Roof: Shingle

Condition

Completed
New construction: No
Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Water Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: CITRUS PARK

HOA

Has HOA: No

Location

Region: Ocala

Financial & listing details

Price per square foot: $174/sqft
Tax assessed value: $312,120
Annual tax amount: $7,677
Date on market: 1/21/2026
Cumulative days on market: 141 days
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/14/2026	Price change	$564,000-1.7%$174/sqft
Source: Stellar MLS #OM717086 Report a problem
4/1/2026	Price change	$574,000-2.5%$178/sqft
Source: Stellar MLS #OM717086 Report a problem
2/5/2026	Listed for sale	$589,000$182/sqft
Source: Stellar MLS #OM717086 Report a problem
1/29/2026	Pending sale	$589,000$182/sqft
Source: Stellar MLS #OM717086 Report a problem
1/22/2026	Listed for sale	$589,000+10.1%$182/sqft
Source: Stellar MLS #OM717086 Report a problem
6/20/2024	Sold	$535,000-4.3%$165/sqft
Source: Stellar MLS #OM666583 Report a problem
6/4/2024	Pending sale	$559,000$173/sqft
Source: Stellar MLS #OM666583 Report a problem
4/15/2024	Listing removed	--
Source: Stellar MLS #OM666583 Report a problem
10/18/2023	Listed for sale	$559,000+212.3%$173/sqft
Source: Stellar MLS #OM666583 Report a problem
11/8/2019	Sold	$179,000-10.3%$55/sqft
Source: Public Record Report a problem
4/30/2019	Sold	$199,500+134.7%$62/sqft
Source: Public Record Report a problem
6/28/2017	Sold	$85,000-26.2%$26/sqft
Source: Public Record Report a problem
11/22/2013	Sold	$115,100-32.7%$36/sqft
Source: Public Record Report a problem
1/31/2012	Sold	$171,100-12.7%$53/sqft
Source: Public Record Report a problem
8/26/2008	Sold	$195,900+3.7%$61/sqft
Source: Public Record Report a problem
2/26/2008	Sold	$189,000$58/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,743 +17.9%	$312,120 +50.5%
2023	$5,722 +13%	$207,346 +10%
2022	$5,064 +5.2%	$188,496 +10%
2021	$4,813 +3.9%	$171,360 +7.7%
2020	$4,632 +14.3%	$159,120 +30.2%
2019	$4,054	$122,186 +10%
2018	$4,054 +12.6%	$111,078 +10%
2017	$3,601 +48.2%	$100,980 +11.1%
2016	$2,430	$90,882 +10%
2015	$2,430 -2.9%	$82,620 -10%
2014	$2,503 +7.6%	$91,800 +12.5%
2013	$2,326 -9%	$81,600 -15.8%
2012	$2,556 -10.6%	$96,900 -16.7%
2011	$2,860 -12.3%	$116,280 -18.6%
2010	$3,261 -5.7%	$142,800 -11.1%
2009	$3,459 -14.2%	$160,650 -21.1%
2008	$4,031 -3.3%	$203,490 -5%
2007	$4,167 +9.7%	$214,200 +24.8%
2006	$3,800 +65.6%	$171,666 +35.8%
2005	$2,294	$126,378 +50.7%
2004	$2,294 +22.8%	$83,869 +14.2%
2002	$1,868 +13.5%	$73,440 +13.7%
2001	$1,646	$64,600
2000	$1,646	$64,600

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified