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Sold for $480,000
  • $480,000

    4191 SE 22nd Ave, Ocala, FL 34480

    2beds
    1baths
    4,008sqft
    Quadruplex, Multi Family
    Built in 1980
    -- sqft lot
    $455,200 Zestimate®
    $120/sqft
    $1,095 Estimated rent

    Home value

    $455,200

    $373,000 - $546,000

    $1,095/mo

    Zestimate® history
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    What's special

    Shopping centersIndoor laundry
    Now available! Priced below May 2024 FHA Appraisal of $540,000! 6.8% actual capitalization rate. This high income producing quadruplex is located the popular SE area of town. This quadruplex features four wonderfully renovated 2/1 units. All of the units are presently occupied on annual leases. This property features ample parking as well indoor laundry in each unit. The nearby amenities such as schools, groceries, shopping centers, and restaurants create a high rental rate. This translates into a very profitable opportunity for any new owner. Each unit is outfitted with its separately metered gas, waster, sewer, and electric. Overall the high rental rates, excellent location, and ease of management make this a very lucrative opportunity. No owner finance. Not a distressed sale. Please inquire today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bradley Busch 352-274-0909,

    BUSCH REALTY 352-690-1909

    Bought with:

    Bradley Busch, 3296738

    BUSCH REALTY

    Source: Stellar MLS,MLS#: OM673200MLS LogoOriginating MLS: Ocala - Marion

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Thermostat
    • Has fireplace: No
    Interior area
    • Total structure area: 4,864
    • Total interior livable area: 4,008 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Common, Covered, Curb Parking, Driveway, Off Street, Open
    • Carport spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other, Private Mailbox
    Lot
    • Size: 0.33 Acres
    • Dimensions: 90 x 120
    Details
    • Parcel number: 3120011011
    • Zoning: R1
    • 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: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Electricity Connected, Sewer 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: $120/sqft
    • Tax assessed value: $312,120
    • Annual tax amount: $5,559
    • Date on market: 2/19/2024
    • Cumulative days on market: 141 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Lease term: 12 Months
    • Total actual rent: 4380
    • Tenant pays: Electricity, Sewer
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    6/27/2024Sold$480,000-6.6%$120/sqft
    Source: Stellar MLS #OM673200 Report a problem
    6/6/2024Pending sale$514,000$128/sqft
    Source: Stellar MLS #OM673200 Report a problem
    6/3/2024Price change$514,000-1%$128/sqft
    Source: Stellar MLS #OM673200 Report a problem
    5/3/2024Pending sale$519,000$129/sqft
    Source: Stellar MLS #OM673200 Report a problem
    4/16/2024Listed for sale$519,000$129/sqft
    Source: Stellar MLS #OM673200 Report a problem
    4/1/2024Pending sale$519,000$129/sqft
    Source: Stellar MLS #OM673200 Report a problem
    3/25/2024Price change$519,000-4.8%$129/sqft
    Source: Stellar MLS #OM673200 Report a problem
    2/19/2024Listed for sale$545,000$136/sqft
    Source: Stellar MLS #OM673200 Report a problem
    1/12/2024Listing removed--
    Source: Realtors Association of Citrus County #827859 Report a problem
    10/31/2023Listed for sale$545,000-7.6%$136/sqft
    Source: Realtors Association of Citrus County #827859 Report a problem
    10/23/2023Listing removed--
    Source: Stellar MLS #T3478662 Report a problem
    10/13/2023Listed for sale$590,000+277%$147/sqft
    Source: Stellar MLS #T3478662 Report a problem
    10/20/2022Sold$156,500-28.8%$39/sqft
    Source: Public Record Report a problem
    4/8/2021Sold$219,900+691%$55/sqft
    Source: Public Record Report a problem
    3/2/2021Sold$27,800+107.5%$7/sqft
    Source: Public Record Report a problem
    8/27/2019Sold$13,400-60.7%$3/sqft
    Source: Public Record Report a problem
    5/30/2018Sold$34,100-85.5%$9/sqft
    Source: Public Record Report a problem
    11/24/2014Sold$235,800+573.7%$59/sqft
    Source: Public Record Report a problem
    9/30/2013Sold$35,000-80.3%$9/sqft
    Source: Public Record Report a problem
    3/25/2008Sold$178,000+88.2%$44/sqft
    Source: Public Record Report a problem
    4/3/2001Sold$94,600$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,004 +8%$305,184 +10%
    2023$5,559 +27.6%$277,440 +38.8%
    2022$4,356 +11.2%$199,920 +22.9%
    2021$3,915 -13.5%$162,631 +10%
    2020$4,525 +6.5%$147,846 +10%
    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 +3.2%$91,800
    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 +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

    Neighborhood: 34480

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South Ocala Elementary School
    • Middle: Osceola Middle School
    • High: Forest High School

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $455,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $455,200