$279,999

1622 NW 16th St Ocala, FL 34475

$3,325
Closing credit¹
4 beds
2 baths
1,380 sqft
0.3 acres
$203 / sqft
Multi-Family

Property details

About 1622 NW 16th St

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!

Highlights

Home typeDuplex
HeatingWindow Unit(s)
StatusActive
CoolingWall/Window Unit(s)
Size1,380 sqft
Lot size0.26 Acres
Year built1985
MLS #OM696255

Virtual tour

Summary

  • Interior: Walk-In Closet(s)
  • Total Bedroom Count: 4
  • Private Pool: No
  • Exterior: Private Mailbox
  • Heating: Window Unit(s)
  • Cooling: Wall/Window Unit(s)
  • List Price: $279,999
  • Price/SqFt: $202
  • HOA Amount: $0
  • Annual Tax Amount: $2,393
  • Tax Year: 2023
  • Directions: go direct
  • Year Built: 1985
  • Living Area: 1,380 SqFt
  • Lot Size: 0.26 Acres
  • MLS Number: OM696255
  • MLS Name: MFRMLS
  • Office Name: CENTRAL CITY REALTY
  • Listing Agent: Nathaniel Suleiman

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1622 NW 16th St, Ocala, FL 34475 - single story home featuring a porch and roof with shingles

$279,999

1622 NW 16th St

$3,325

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 27, 2005
Home Sold
$53,000

Tax history

YearAssessmentProperty Tax
2023$94,083$2,393
2022$96,390$1,877
2021$85,680$1,877
2020$76,500$2,153
2018$59,607$1,083
2017$54,188$972

History based on county public records data.

Nearby schools

9

Madison Street Academy of Visual and Performing Arts

Public Magnet PK-5

0.8 mi

401 NW Martin Luther King Jr Ave

9

Dr. N.H. Jones Elementary School

Public Magnet PK-5

1.4 mi

1900 SW 5th St

8

Eighth Street Elementary School

Public District PK-5

2.0 mi

513 SE 8th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,456. Typical income of Ocala, FL residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

46%
<35k
50%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
20%
Single, with Kids
23%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
38%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1622 NW 16th St

The listing price of 1622 NW 16th St property is $279,999.

The property 1622 NW 16th St is a multi located in Ocala, Florida, 34475.

Active Listing: 1622 NW 16th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1622 NW 16th St are: Madison Street Academy of Visual and Performing Arts (GreatSchools Rating 9/10), Dr. N.H. Jones Elementary School (GreatSchools Rating 9/10), Eighth Street Elementary School (GreatSchools Rating 8/10), Howard Middle School (GreatSchools Rating 4/10), Osceola Middle School (GreatSchools Rating 5/10), Fort King Middle School (GreatSchools Rating 3/10), Vanguard High School (GreatSchools Rating 3/10), McSo Adults (GreatSchools Rating 2/10), Marion Technical Institute (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $2,393 (source: MLS/based on county public records data).

The last sale was on April 27, 2005 for $53,000 (source: MLS/tax record).

The property 1622 NW 16th St is 1,380 SqFt (source: MLS/tax record).

The year of construction for 1622 NW 16th St is 1985.

This home is located at 1622 NW 16th St in Ocala, FL and zip code 34475 in the Bunche Heights neighborhood. This 1,380 square foot home, which was built in 1985, sits on a 0.26 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $279,999.

Over 78 listings were sold over their listed price in May 2025 in Ocala, FL. In the same period over 283 listings were sold below the listed price and 145 listings were sold for the listed price. The inventory of homes for sale in Ocala, FL between April and May 2025 increased by 0.8%. In May 2025 median list price was $284,986 and the average listing age was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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