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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,277 sqft
Price per Sqft $303
Subdivision Sol Benjamin'S Subdivision / Caldwells Addition To
MLS Listing ID W7889567
Bedrooms 7
Construction Status Completed
HOA Y/N No
Year Built 1891
Annual Tax Amount $7,411
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions Irregular
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Located along E Fort King Street in Ocala's historic district, the property is surrounded by the character and architectural heritage of one of the city's established historic areas while remaining exceptionally convenient to Downtown Ocala, restaurants, shopping, professional services and entertainment.
The offering encompasses two parcels and two physical addresses—743 E Fort King Street and 42 SE Wenona Avenue—with four distinct rentable components. The centerpiece is the approximately 2,757-SF historic main residence offering 4 bedrooms and 3.5 baths. Currently vacant and offered for lease at $6,500 per month, the residence presents an exceptional opportunity for an owner-user or an investor seeking additional rental income.
The main residence thoughtfully blends historic character with substantial updates. The renovated kitchen features 1¼-inch granite countertops, a large island, new sink, new garbage disposal and updated appliances. Bathrooms have been modernized with stone or marble finishes and new fixtures. Custom Pro Closet improvements enhance the home's closets and storage, while a dedicated rear-entry laundry/mudroom with washer and dryer adds everyday functionality.
Three additional rentable spaces add to the property's versatility. A separate approximately 460-SF office/commercial building, connected to the main residence by a breezeway and presently occupied by Ocala Magazine, is rented at $2,000 per month and includes use of the property's one-car garage. A separate residential building contains an approximately 460-SF first-floor 1-bedroom/1-bath apartment, currently vacant and offered at $1,000 per month, and an approximately 600-SF second-floor 2-bedroom/1-bath apartment currently rented at $1,450 per month.
Inviting outdoor areas include a 12' x 12' shade awning, mature landscaping and attractive grounds. This is not a typical four-unit property. It combines a historically significant residence, residential apartments, office/commercial space, existing rental income and an outstanding in-town location. The configuration provides considerable flexibility for an investor or owner-user while preserving the architectural presence and character that make the property truly distinctive.
Situated on approximately 0.43 combined acres with off-street parking and convenient access to Downtown Ocala, this offering brings together history, architecture, location and income potential in a way rarely found in a single property. Whether envisioned as an investment, an owner-occupied income property, a professional/residential combination, or an opportunity to become the next steward of an extraordinary historic Ocala property, 743 E Fort King Street and 42 SE Wenona Avenue offer something genuinely different. Schedule a private showing and experience this remarkable property in person.
Location
State FL
County Marion
Community Sol Benjamin'S Subdivision / Caldwells Addition To
Area 34471 - Ocala
Zoning RBH3
Rooms
Other Rooms Bonus Room, Breakfast Room Separate, Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Garage Apartment, Storage Rooms
Interior
Interior Features Built-in Features, High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
Heating Central, Electric, Heat Pump
Cooling Central Air
Flooring Ceramic Tile, Wood
Fireplaces Type Decorative, Living Room, Other
Furnishings Negotiable
Fireplace true
Appliance Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Garden, Private Entrance, Sidewalk
Parking Features Driveway, Ground Level, Off Street
Garage Spaces 1.0
Community Features Sidewalks
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
View Y/N No
Water Access No
View City, Garden
Roof Type Metal,Shingle
Porch Covered, Front Porch, Patio, Porch, Wrap Around
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Corner Lot, Historic District, City Limits, Irregular Lot, Landscaped, Sidewalk, Paved
Entry Level Three Or More
Foundation Concrete Perimeter, Pillar/Post/Pier
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Frame,Wood Siding
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7889567
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Khadija Webber
Professional Real Estate Agent License ID: 3268094
Professional Real Estate Agent License ID: 3268094