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$475,000
1 Day On Site

506 NE 28TH AVENUE
OCALA, FL 34470

For Sale|Quadruplex|Active
16
Beds
16
Total Baths
2,100
SqFt
$226
/SqFt
1979
Built
Subdivision:
FRENCH ESTATE
County:
Marion

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (352) 812-4872
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(352) 812-4872
506 NE 28TH AVENUE506 NE 28TH AVENUE506 NE 28TH AVENUE506 NE 28TH AVENUE
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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.

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Listing Snapshot
Price 
$475,000
Days On Site 
1 Day
Bedrooms 
16
Inside Area (SqFt) 
2,100 sqft
Total Baths 
16
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.36 Acres
Year Built 
1979
MLS® Number 
O6362268
Status 
Active
Property Tax 
$4,345.96
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.36
Foundation 
Slab
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
2160
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R3
Interior Features
Cooling 
Wall/Window Unit(s)
Laundry Features 
None
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Exterior Features
Construction Details 
BlockStucco
Exterior 
Other
Roof 
Metal
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
34470 - Ocala
Roads 
AsphaltConcrete
Township 
15S
Listing courtesy of SAFETYNET REALTY 3863830044



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-11-28 03:22 PM EST

Neighborhood & Commute
Source: Walkscore
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