New - 6 days on Rocket
$5,047 Closing Credit¹
#O6286139, Stacie Kimble, Listing Office: BLACK DOG REAL ESTATE ADVISORS, INC.
$299,999 List price
1622 NW 16th St Ocala, FL 34475
$3,562
Closing credit¹
4 beds
2 baths
1,380 sqft
0.3 acres
$217 / 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 1-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
- MLS Number: OM696255
- MLS Name: MFRMLS
- Office Name: CENTRAL CITY REALTY
- Listing Agent: Nathaniel Suleiman
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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: 3/9/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,999
1622 NW 16th St
$3,562
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 27, 2005 | Home Sold | $53,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $38,456. Most Ocala, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
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 Skating
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Sonic
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Oldies
Country- Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
$8,657 Closing Credit¹
#OM682618, Christopher Swor LLC, Listing Office: COLDWELL BANKER ELLISON REALTY O
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 $299,999.
In February 2025 more than 43 listings in Ocala, FL were sold above the asking price. During the same period more than 119 listings were sold at asking price, while more than 224 were sold below. The number of homes for sale in Ocala, FL increased by 8.4% between January and February 2025. Listings spent 79 days on the market in February 2025, and had a median list price of $284,685 during the same period.
From Rocket Homes Real Estate and based on county public records data.