$1,795,000
10 beds8 baths6,378 sqft|TB8504064 MLS#5622-5640 MISSOURI AVE, NEW PORT RICHEY, FL 34652
Residential
1/2 Duplex
Built in
1979
Lot size
0.52 Acres
Price/sqft
$281
HOA
None
Preferred Real Estate Partner
Kinsfolk Signature Realty
What's special
Well-maintained 8-unit multifamily property located in the heart of downtown New Port Richey. The asset consists of four separate 2-unit buildings situated on an oversized lot, offering strong in-place income with long-term upside. The property is fully occupied with stable annual leases in place. Recent improvements include new roofs (2025) and fresh exterior paint (2025), with many units already updated. Several units remain below market rents, providing a clear path for future income growth. Current gross rents are $131,400 annually. Ideally positioned just minutes from the vibrant downtown corridor, riverfront, parks, restaurants, and retail, making this an attractive option for both tenants and investors.
Map
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Facts & features
Bedrooms & bathrooms
- •Bedrooms:10
- •Bathrooms:8
- •Full bathrooms:8
Heating
- •Has Heating:Heat Pump
Cooling
- •Has Cooling:Central Air
Appliances
- • Electric Water Heater
- • Microwave
- • Range
- • Refrigerator
Interior area
- •Total structure area:6,378 sqft
- •Total interior livable area:6,378 sqft
Parking
- •Parking features:N/A
- •Garage spaces:0
- •Has attached garage:No
Lot
- •Size:0.52 Acres
Details
- •Parcel number:0526160030106000080
Type & style
- •Home type:Residential
- •Property subtype:1/2 Duplex
Materials
- • Block
- • Stucco
Condition
- •Year built:1979
Contact agent
Price history
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Listed for sale | $1,795,000$281/sqft |
Listed by: Alex Hamilton, BHHS FLORIDA PROPERTIES GROUP 813-739-5700
Source: MLS #TB8504064
Preferred Real Estate Partner
Kinsfolk Signature Realty