5622-5640 MISSOURI AVE, New Port Richey, FL 34652
5622-5640 MISSOURI AVE, New Port Richey, FL 34652
5622-5640 MISSOURI AVE, New Port Richey, FL 34652
5622-5640 MISSOURI AVE, New Port Richey, FL 34652
5622-5640 MISSOURI AVE, New Port Richey, FL 34652
5622-5640 MISSOURI AVE, New Port Richey, FL 34652
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$ 1,795,000
Est. payment | /mo

10 Beds

8 Baths

6,378 SqFt


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$ 1,795,000
Est. payment | /mo
Save

10 Beds

8 Baths

6,378 SqFt

Key Details

Property Type Single Family Home

Sub Type Half Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,378 sqft

Price per Sqft $281

Subdivision Town Of New Port Richey

MLS Listing ID TB8504064

Bedrooms 10

Full Baths 8

HOA Y/N No

Year Built 1979

Annual Tax Amount $28,459

Lot Size 0.520 Acres

Acres 0.52

Property Sub-Type Half Duplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Pasco

Community Town Of New Port Richey

Area 34652 - New Port Richey

Zoning MF-2

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Thermostat

Heating Heat Pump

Cooling Central Air

Flooring Carpet, Tile

Furnishings Unfurnished

Fireplace false

Appliance Electric Water Heater, Microwave, Range, Refrigerator

Laundry Other

Exterior

Exterior Feature Awning(s), Lighting, Sidewalk

Community Features Street Lights

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Water Access No

Roof Type Shingle

Exposure North

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Special Listing Condition None

Stellar MLS
Listed by Alex Hamilton BHHS FLORIDA PROPERTIES GROUP

AROUND THE AREA

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Local Media
Pets
Education
Public Services & Government
  • Christina’s Restaurant

    5821 Main St, New Port Richey, FL 34652

    American (New) Phone: 727-847-7827

  • Bank & Main

    6322 Bank St, New Port Richey, FL 34652

    Coffee & Tea Phone: 727-481-7306

  • Main Street Grill

    5749 Main St, New Port Richey, FL 34652

    Phone: 727-494-7641

  • Jilly’s Tavern

    5313 Main St, New Port Richey, FL 34652

    Phone: 727-847-6184

  • Delicias Latinas

    5421 Main St, New Port Richey, FL 34652

    Bakeries Phone: 727-815-1474

  • Only the Best

    5546 Main St, New Port Richey, FL 34652

    Phone: 727-844-5100

  • Dulcet Restaurant & Lounge

    6220 Grand Blvd, New Port Richey, FL 34652

    Lounges Phone: 727-494-7654

  • Thai Bistro

    5414 Main St, New Port Richey, FL 34652

    Thai Phone: 727-815-8600

  • Fitzgerald’s Irish Tavern

    5811 Nebraska Ave, New Port Richey, FL 34652

    Irish Phone: 727-816-9092

  • River City Deli

    6112 Grand Blvd, New Port Richey, FL 34652

    Sandwiches Phone: 727-264-8908

  • Johnny Grits Southern Fresh

    5749 Main St, New Port Richey, FL 34652

    Southern Phone: 727-835-7663

  • Estela’s Family Cantina

    5706 Main St, New Port Richey, FL 34652

    Mexican Phone: 727-846-9036

  • Roses Bistro Off Main

    6238 Grand Blvd, New Port Richey, FL 34652

    Cuban Phone: 727-849-4940

  • Garden Gate Cafe Tea Room

    5546 Main St, New Port Richey, FL 34652

    Phone: 727-844-5100

  • Boulevard Beef & Ale

    6236 Grand Blvd, New Port Richey, FL 34652

    Cheesesteaks Phone: 727-846-8366

  • Cornerstone Pizza Company

    5743 Main St, New Port Richey, FL 34652

    Pizza Phone: 727-835-7664

  • Jimmy’s Boulevard Restaurant

    6211 Grand Blvd, New Port Richey, FL 34652

    Sandwiches Phone: 727-846-7515

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5622-5640 MISSOURI AVE

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Griffin Cook

Luxury Realtor

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