Courtesy: BHHS FLORIDA PROPERTIES GROUP
813-908-8788
***** This is a Duplex with TWO UNITS TOTAL, each unit with 2 Bedrooms/1Bath!!!***** NOTE - PRICED BELOW RECENT APPRAISAL — INDEPENDENT REPORT COMPLETED JUST BEFORE LISTING. DUPLEX OVERVIEW: QUIET CUL-DE-SAC, 12,000+ SF LOT, 1,200 Heated SF TOTAL (~600/UNIT), 2 BED/1 BATH/UNIT, BLOCK CONSTRUCTION (1972), 2023 SHINGLE ROOF, 2024 CENTRAL HVAC, NEW WATER HEATER, NO HOA/DEED RESTRICTIONS. SEPARATE ELECTRIC METERS; SINGLE WATER METER (OWNER PAYS WATER; TENANTS PAY ELECTRIC/INTERNET). PRIVATE ENTRANCES/DRIVEWAYS, SCREENED COVERED BACK PORCHES WITH LAUNDRY HOOKUPS, FENCED BACKYARD. ONE UNIT LEASED TO 8/31/2026; ONE UNIT VACANT. UPDATED KITCHENS SHOW VERY CLEAN. CONVENIENT TO SHOPPING/MEDICAL/RESTAURANTS AND COMMUTES TOWARD TAMPA INTERNATIONAL. FLOOD ZONE AE—BUYER TO VERIFY INSURANCE. INVESTORS: Immediate income from the leased side with flexibility to PLACE NEW TENANCY in the vacant unit. Simple utilities support CLEAN EXPENSE CONTROL and TENANT RESPONSIBILITY for electric/internet. Cul-de-sac setting and large lot enhance RENTABILITY; separate drives/entries support TENANT PRIVACY and LOW-FRICTION MANAGEMENT. Strong candidate for a LONG-TERM HOLD with rent optimization potential. OWNER-OCCUPANT / HOUSE-HACK: Move into the vacant side and let the leased unit OFFSET THE PAYMENT from day one. Private entries and separate drives keep daily life INDEPENDENT AND QUIET. Screened porches with laundry and the fenced yard add USEFUL EVERYDAY SPACE. Straightforward utilities (you handle water) simplify budgeting. Practical location for errands, medical, and airport access fits an EASY, LOW-MAINTENANCE LIFESTYLE. Schedule your showing today, you will love it! Ask for the appraisal summary and come take a look—once you’re there, the setting and value speak for themselves.
Courtesy: RE/MAX SUNSET REALTY
727-863-2402
Well maintained Duplex in great New Port Richey location. No water intrusion issues from the recent storms!! Easy stroll to downtown, where the action is!! This concrete block structure has 2 units, both are 2 bedroom 1 bath. Both units are currently rented by long-term tenants. Inside, the floors are ceramic tile, and kitchens and baths are in great condition, making potential turnovers quick and easy. As a huge Bonus, each unit has an attached garage, adding extra storage or enclosed parking, and laundry hook-ups in the garage too! Property is in great shape, and the proximity to Downtown adds much value. New shingle roof in 2024.
Courtesy: HOUSE HUNTIN REALTY LLC
727-848-2560
Duplex located in New Port Richey not in city limits. Located near dining and shopping. Front unit is a 2 bedroom 1 bath unit newly remodeled. Tenant will have access to indoor washer and dryer. Back unit is a 1 bedroom 1 bath and has also been remodeled. Property is fenced in back. Both units have their own a/c. Owner currently pays water and electric as well as garbage and lawn care. Both units are awaiting renewals.
Courtesy: CHARLES RUTENBERG REALTY INC
727-538-9200
Don’t miss this rare investment opportunity in the heart of downtown New Port Richey! This versatile duplex is zoned for a triplex and carries three addresses (5714, 5716, and 5718), though two units are currently in use. Both feature private entrances, driveways, and updated interiors. Roof was replaced in 2018. Unit 5718 offers a remodeled kitchen, updated bath, fireplace, and a spacious Florida room. It functions as a large studio but can easily be converted to a one-bedroom. Tenant in place paying $1,000/month. Unit 5716 is a cozy studio with a recently remodeled bath and a private entrance off Washington Street. Tenant in place paying $900/month. Shared amenities include an exterior laundry area with washer/dryer (not coin-operated) and a large fenced yard. The entire exterior was freshly painted in 2024, and both units have never experienced interior flooding. Current gross rental income is $22,800 annually, with tenants on month-to-month leases, offering flexibility for future rental increases or redevelopment. Conveniently located just steps from downtown New Port Richey’s shops, restaurants, Sims Park, festivals, and the scenic riverfront. Easy access to US-19 and the Suncoast Parkway makes commuting simple, and Gulf beaches are only a short drive away. This income-producing property combines immediate cash flow with long-term potential. Schedule your private showing today!
Courtesy: FUTURE HOME REALTY INC
813-855-4982
This well-maintained multiplex property offers a prime investment opportunity, featuring five fully-leased units that generate consistent income and significant potential for long-term financial growth. Each unit is freshly renovated with new a/c units, water heaters, fully remodeled kitchens, and remodeled bathrooms, appealing to tenants, ensuring a steady cash flow and low vacancy risk. The property is situated in a highly desirable neighborhood of New Port Richey, where demand for rental units remains strong, ensuring high occupancy rates and attractive rental yields. The location is ideal, with easy access to major transportation routes, shopping centers, and other local amenities, making it an even more appealing option for tenants. The property is in turnkey condition, with regular maintenance and updates that minimize the need for immediate capital expenditures. With a block structure, a separate laundry building, and a newer roof (2020). With a proven track record of delivering strong returns and situated in an area that shows continued growth, this multiplex offers an exceptional chance for investors seeking a stable, income-producing asset with excellent long-term appreciation potential. The current owners are enjoying over a 7% Cap rate! Don't delay. Call today to set up a viewing of this fantastic investment property.
Courtesy: INSPIRED REALTY, LLC
727-503-7865
Create your own private oasis! This parcel of land has so much to offer. Rehab the three multi family dwellings on site or remove to build your dream home. Includes addresses, 6420, 6426, and 6428 Oelsner St. Close to historic downtown New Port Richey and minutes from the water to enjoy the Gulf of Mexico. Golf cart friendly, easy to access nearby roads and amenities, within walking distance to the beach. Nestled in a peaceful setting, the property features a pond, ideal for fishing, wildlife viewing, or simply relaxing by the water. This unique property offers endless possibilities so book your appointment today.
New Port Richey is located in Florida. New Port Richey, Florida has a population of 16,348. New Port Richey is less family-centric than the surrounding county with 14.45% of the households containing married families with children. The county average for households married with children is 28.35%.
The median household income in New Port Richey, Florida is $40,319. The median household income for the surrounding county is $58,084 compared to the national median of $69,021. The median age of people living in New Port Richey is 52.3 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 49.1 degrees. The average rainfall is approximately 51.3 inches per year, with 0 inches of snow per year.
