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Sold on 10/19/2020
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2011 NW 40th St, Ocala, FL 34475

  • $236,000

    Last sold 10/19/2020 for $119K

  • —

    bed

  • —

    bath

  • 2,240

    Sqft ($53/Sqft)

Multi-family not for sale
19 homes bought nearby with Movoto recently

About 2011 NW 40th St

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 0.35 Acre
Movoto estimate
Rental estimate
Property description
CALLING ALL INVESTORS! Here is two income producing properties currently leased out on .35 acres. Unit 1 is a 2/1 that qualifies for section 8 and rents for $900 a month. Unit 2 is a 3/1 that rents for $690 a month. Both units are 1120 square feet of living and are being sold together. These units are close to town off HWY 301 and Gainesville Road. See Attached for current leases and info.
Listed by
Listing Agent - Nicholas Weitlauf
Listing Office - HOMERUN REALTY
Source: Stellar MLS mls logo
MLS#OM609780 • last updated 5 years ago
Movoto checked Stellar MLS for data 51 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Type Residential Income
Virtual Tour N/A
SubType Duplex
Status Sold
MLS # OM609780
SqFt 2240
Lot Size (Acres) 0.35
Lot Size (SqFt) 15246
Property Tax 2061.04
Year Built 1980
Interior
Exterior
Exterior Lighting
Roof Shingle
Construction Block
Foundation Slab
Amenities / Utilities
Utilities Desc Electricity Connected
Sewer Septic Tank
Location
County Marion
Subdivision HOME ACRES
Elementary School Evergreen Elementary School
Middle School Howard Middle School
High School Vanguard High School
APN 13932-001-00
Zoning R1
Directions HEAD NORTH ON NORTH PINE AVENUE. TAKE A LEFT ON NW 35TH STREET. TAKE A RIGHT ONTO NW 16TH AVENUE. TAKE A LEFT ONTO NW 42ND STREET. TAKE A LEFT ONTO NW 20TH AVENUE. TAKE A RIGHT ONTO NW 40TH STREET AND PROPERTY IS ON THE LEFT.
Multifamily Details
Unit Type 2: Pro Forma 690
Unit Type 1: Pro Forma 900
Total # of Units 2
$236K
Range: $195K-$276K
Last 30 days 
Rental est.: $1,118/month
Gross rent multiplier: 8.9 - Good
  • Oct 2020
    mls logo MLS # OM609780
  • Oct 19, 2020 Sold
    $119,000
  • Oct 8, 2020 Pending
    —
  • Oct 7, 2020 Listed
    $119,000
  • 2011 NW 40th St
    $119K
  • Home Acres
    —
  • 34475
    $279K -4% y/y
  • Ocala
    $302K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Shady Hill Elementary School
public Grades PK, K-5
Marion
4/10
Howard Middle School
public Grades 6-8
Marion
3/10
Vanguard High School
public Grades 9-12
Marion
Source: GreatSchools.org © 2026. All rights reserved.

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  • FL
  • Marion County
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  • 2011 NW 40th St
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