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.
Pending
$499,000
3990 SE 17TH COURT, OCALA, FL 34480
8beds
5baths
3,233sqft
Quadruplex, Multi Family
Built in 1982
-- sqft lot
$470,300 Zestimate®
$154/sqft
$-- HOA
What's special
Two occupied units
- 48 days
- 430
- 45
Zillow last checked:
Listing updated:
Listed by:
Lorena Hernandez 386-383-0044,
SAFETYNET REALTY 317-603-8743,
Avihai Sela 317-603-8743,
SAFETYNET REALTY
Source: Stellar MLS,MLS#: O6424139
Originating MLS: Orlando Regional

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
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: $367,200
- Annual tax amount: $7,392
- Date on market: 7/15/2026
- Cumulative days on market: 49 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
$470,300
$447,000 - $494,000
$1,363/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Pending sale | $499,000$154/sqft |
Source: | ||
| 7/24/2026 | Listed for rent | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 7/15/2026 | Listed for sale | $499,000+20.2%$154/sqft |
Source: | ||
| 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 |
|---|---|---|
| 2025 | $7,393 +23.1% | $335,702 +10% |
| 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







