For sale

$499,000

3990 SE 17th Ct, Ocala, FL 34480

8beds

5baths

3,233sqft

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Quadruplex, Multi Family

Built in 1982

-- sqft lot

$417,100 Zestimate^®

$154/sqft

$-- HOA

What's special

Two occupied units

Turnkey four-unit investment property located in Southeast Ocala, offering immediate rental income and strong cash-flow potential. Situated on a 0.28-acre lot, the property features two occupied units and two vacant units ready for lease-up, giving the next owner the opportunity to increase income quickly. Once all four units are leased, projected rental income is approximately $4,950 monthly. With existing tenants in place and additional units available for immediate rental, this fourplex is an excellent opportunity for an investor seeking a turnkey multifamily property.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Range, Refrigerator
Laundry: Electric Dryer Hookup, Other, Washer Hookup

Features

Ceiling Fan(s), Other
Flooring: Luxury Vinyl, Tile
Has fireplace: Yes
Fireplace features: Living Room, Stone

Interior area

Total structure area: 3,553
Total interior livable area: 3,233 sqft

Video & virtual tour

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Property

Features

Levels: One
Stories: 1
Patio & porch: Other
Exterior features: Private Entrance
Fencing: Fenced

Lot

Size: 0.28 Acres

Details

Parcel number: 3120001005
Zoning: R3
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Block
Foundation: Block
Roof: Shingle

Condition

Completed
New construction: No
Year built: 1982

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer 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: $154/sqft
Tax assessed value: $312,120
Annual tax amount: $7,392
Date on market: 7/15/2026
Cumulative days on market: 2 days
Listing terms: Cash,Conventional,FHA,Other,VA Loan
Ownership: Fee Simple
Lease term: 12 Months
Total actual rent: 4950
Tenant pays: Electricity, Gas, Parking Fee, Sewer, Trash Collection, Water
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

$417,100

$363,000 - $467,000

$1,391/mo

Price history

Date	Event	Price
7/15/2026	Listed for sale	$499,000+20.2%$154/sqft
Source: Stellar MLS #O6424139 Report a problem
2/19/2026	Sold	$415,000+10.7%$128/sqft
Source: Public Record Report a problem
9/21/2022	Sold	$375,000+502.9%$116/sqft
Source: Public Record Report a problem
2/28/2012	Sold	$62,200-63%$19/sqft
Source: Public Record Report a problem
9/28/2004	Sold	$168,000$52/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,004 +8%	$305,184 +10%
2023	$5,559 +39.2%	$277,440 +72.3%
2022	$3,993 +6.2%	$161,003 +10%
2021	$3,761 +5.3%	$146,366 +10%
2020	$3,571 +10.6%	$133,060 +10%
2019	$3,227	$120,964 +8.9%
2018	$3,227 +15.8%	$111,078 +10%
2017	$2,787 +14.7%	$100,980 +11.1%
2016	$2,430	$90,882 +10%
2015	$2,430 -2.3%	$82,620 -8%
2014	$2,486 +6.9%	$89,760 +10%
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

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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