Discover an exceptional investment opportunity with this fully leased quadruplex, offering four clean and inviting 1-bedroom, 1-bath units. Each residence has been refreshed with light updates, giving the interiors a bright, tidy feel that tenants love— and investors appreciate.
This property delivers immediate stability and long-term value with a strong annual net income of $50,400. Every unit is already rented, making this a true turnkey, income-producing asset from day one.
The building sits on a well-maintained lot with solid construction and practical updates that help reduce ongoing maintenance and support consistent occupancy. Whether you’re growing your portfolio or searching for your next reliable cash-flow generator, this asset checks the important boxes: condition, stability, and performance.
Opportunities like this are rare — a refreshed quadruplex with proven income and zero vacancy. The work is done; the returns are already in motion.
This property delivers immediate stability and long-term value with a strong annual net income of $50,400. Every unit is already rented, making this a true turnkey, income-producing asset from day one.
The building sits on a well-maintained lot with solid construction and practical updates that help reduce ongoing maintenance and support consistent occupancy. Whether you’re growing your portfolio or searching for your next reliable cash-flow generator, this asset checks the important boxes: condition, stability, and performance.
Opportunities like this are rare — a refreshed quadruplex with proven income and zero vacancy. The work is done; the returns are already in motion.
Property Details
Price:
$475,000
MLS #:
O6362268
Status:
Active
Beds:
16
Baths:
16
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
FRENCH ESTATE
Neighborhood:
34470ocala
Listed Date:
Nov 26, 2025
Finished Sq Ft:
2,100
Total Sq Ft:
2,160
Lot Size:
15,682 sqft / 0.36 acres (approx)
Year Built:
1979
Units:
4
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Heating
None
Laundry Features
None
Exterior
Construction Materials
Block, Stucco
Exterior Features
Other
Roof
Metal
Financial
Tax Year
2024
Taxes
$4,346
Map
Community
- Address506 NE 28TH AVENUE OCALA FL
- SubdivisionFRENCH ESTATE
- CityOCALA
- CountyMarion
- Zip Code34470
Market Summary
Current real estate data for Multi Family in OCALA as of Dec 13, 2025
30
Multi Family Listed
78
Avg DOM
182
Avg $ / SqFt
$416,476
Avg List Price
Property Summary
- Located in the FRENCH ESTATE subdivision, 506 NE 28TH AVENUE OCALA FL is a Multi Family for sale in OCALA, FL, 34470. It is listed for $475,000 To schedule a showing of MLS#o6362268 at 506 NE 28TH AVENUE in OCALA, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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Courtesy of SAFETYNET REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than Stonecrest International Realty include the name of the listing broker. Neither the listing company nor Stonecrest International Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Orlando/Tampa – FL. All rights reserved. 506 NE 28TH AVENUE
OCALA, FL