For sale

$699,999

4111 SE 22nd Ave, Ocala, FL 34480

8beds

4baths

3,870sqft

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Quadruplex, Multi Family

Built in 1981

-- sqft lot

$-- Zestimate^®

$181/sqft

$-- HOA

What's special

Modern finishesNew roofFully remodeled interiorsUpdated flooring

Turnkey income-producing quadplex opportunity offering immediate cash flow and long-term investment stability. This well-maintained 3,870 SF multifamily property consists of four fully leased 2-bedroom / 1-bath units, each generating $1,400 per month in rental income, providing investors with a strong and consistent revenue stream from day one. between 2021 and 2024, the property underwent extensive improvements including a new roof, fully remodeled interiors with updated flooring, cabinets, and modern finishes, along with substantial upgrades to the plumbing and electrical systems. With major capital improvements already completed and stable in-place tenancy, this property presents an exceptional low-maintenance investment opportunity with strong income potential and long-term upside. Ideal for investors seeking a truly turnkey multifamily asset with immediate returns.

60 days

293

33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central

Cooling

Central Air

Appliances

Laundry: Laundry Room

Features

Ceiling Fan(s), Thermostat, Walk-In Closet(s)
Has fireplace: No

Interior area

Total structure area: 3,870
Total interior livable area: 3,870 sqft

Video & virtual tour

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Property

Features

Exterior features: None

Lot

Size: 0.33 Acres
Dimensions: 120 x 120

Details

Parcel number: 3120011009
Zoning: R1
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Wood Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1981

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: CITRUS PARK

HOA

Has HOA: No

Location

Region: Ocala

Financial & listing details

Price per square foot: $181/sqft
Tax assessed value: $312,120
Annual tax amount: $6,764
Date on market: 5/21/2026
Cumulative days on market: 61 days
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Asphalt, Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/21/2026	Listed for sale	$699,999+150.9%$181/sqft
Source: Stellar MLS #OM725155 Report a problem
6/28/2021	Sold	$279,000+39.5%$72/sqft
Source: Public Record Report a problem
4/26/2019	Sold	$200,000+135.3%$52/sqft
Source: Public Record Report a problem
1/31/2014	Sold	$85,000+112.5%$22/sqft
Source: Public Record Report a problem
1/24/2013	Sold	$40,000$10/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,090 +4.3%	$241,903 +10%
2023	$5,839 +12.9%	$219,912 +10%
2022	$5,170 +7.4%	$199,920 +16.7%
2021	$4,813 +3.9%	$171,360 +7.7%
2020	$4,632 +9%	$159,120 +18.4%
2019	$4,250	$134,405 +8.9%
2018	$4,250 +12.4%	$123,420 +10%
2017	$3,781 +46.4%	$112,200 +11.1%
2016	$2,582	$100,980 +10%
2015	$2,582 +9.5%	$91,800 +11.1%
2014	$2,359 +1.4%	$82,620 +1.3%
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 +1.3%	$214,200 +12.3%
2006	$4,113 +62.7%	$190,740 +33.6%
2005	$2,527	$142,800 +47.5%
2004	$2,527 +24%	$96,828 +19.9%
2002	$2,038 +4.9%	$80,784 +2.9%
2001	$1,943	$78,540
2000	$1,943	$78,540

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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