This well maintained duplex offers an excellent opportunity for both first-time homebuyers and savvy investors. Each side features a cozy 2-bedroom, 1-bath layout with 690 sq ft of living space, providing a total of 1,380 sq ft of rental income potential. Currently, both units are occupied producing a combined rental income of $1,500/month. Situated on a spacious quarter-acre corner lot, this duplex is conveniently located just minutes away from downtown, offering easy access to shopping, dining, and entertainment. Additionally, it’s a short drive from the world-renowned World Equestrian Center, making it a prime location for various lifestyle and business needs. Whether you’re looking for a home to live in while renting out the other unit or seeking a reliable income-producing property, this duplex is a fantastic choice. Don’t miss out on this perfect blend of convenience, comfort, and investment potential!
Property Details
Price:
$279,999
MLS #:
OM696255
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BUNCHE HEIGHTS
Neighborhood:
34475 – Ocala
Listed Date:
Feb 28, 2025
Finished Sq Ft:
1,380
Total Sq Ft:
1,556
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1985
Units:
2
See this Listing
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Units / Window Unit
Laundry Features
Other
Exterior
Construction Materials
Block, Concrete
Exterior Features
Private Mailbox
Roof
Shingle
Financial
Tax Year
2024
Taxes
$2,558
Map
Community
- Address1622 NW 16TH STREET OCALA FL
- SubdivisionBUNCHE HEIGHTS
- CityOCALA
- CountyMarion
- Zip Code34475
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Market Summary
Current real estate data for Multi Family in OCALA as of Aug 28, 2025
29
Multi Family Listed
101
Avg DOM
170
Avg $ / SqFt
$454,924
Avg List Price
Property Summary
- Located in the BUNCHE HEIGHTS subdivision, 1622 NW 16TH STREET OCALA FL is a Multi Family for sale in OCALA, FL, 34475. It is listed for $279,999 To schedule a showing of MLS#om696255 at 1622 NW 16TH STREET in OCALA, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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