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5622-5640 MISSOURI AVE,  NEW PORT RICHEY, FL 34652

MLS# TB8504064.  10 beds.  8.0 baths.  Half Duplex.  Active

$28,459 in taxes (2025)

$1,900,000

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: BHHS FLORIDA PROPERTIES GROUP ((813-739-5700))
  • Listing Agent: Alex Hamilton ((727-514-2414))
  • Days on yellowkey: 3
  • Property Type: Half Duplex
  • Beds: 10
  • Baths: 8.0
  • Living Area Square Feet: 6378
  • Built 1979
  • Taxes: $28,459 (2025)
  • Garage Spaces: ()
  • Square Feet: 7586
  • Fees: $0
  • Pasco County
  • Terms: Cash, Conventional, Owner Financing
  • Subdivision Info:
  • Occupancy Information: Tenant
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  • Development Name:
  • Subdivision Name: TOWN OF NEW PORT RICHEY
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
5/1/2026Sale3TB8504064listed for sale$1,900,000-250.4613MLS




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