Investor’s dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1-bedroom, 1-bathroom, and one unit is 2-bedroom, 1-bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long-term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.
Great DUPLEX Investment Opportunity – Income-Producing Property! Put your money to work with this turn-key, updated duplex in a prime location near downtown New Port Richey. Featuring two spacious units, each offering just over 1,000 sq ft with desirable open floor plans, this property provides both immediate income and rental flexibility. One unit offers 3 bedrooms and 1 bath and is currently rented at $1,300 per month with long-term tenants on a yearly lease. The second unit features 2 bedrooms and 1 bath, has been newly remodeled, and is vacant—perfect for an owner-occupant or to lease at current market rent. Interior features of both units include: -Open-concept living and dining areas -Fresh neutral interior paint -Antique oak luxury vinyl plank flooring (scratch-resistant, waterproof, and stain-resistant) -Updated toilets, plumbing, and lighting fixtures -Inside laundry areas with washer & dryer hookups -Updated water heaters -Ample closet space -Appliance packages including refrigerator, dishwasher, stove, and range hood -Sliding glass doors leading to private patios -Each unit includes its own covered carport, storage space, and the property is enhanced by vinyl fencing and a newer roof (2022). Located just minutes from the Historic Downtown district of New Port Richey, with its charming shops and restaurants, as well as beautiful riverfront gatherings at Sims Park. The location alone makes this a standout investment opportunity. Whether you’re looking to expand your portfolio or live in one side while renting the other, this duplex offers strong income potential and long-term value.
Completely Remodeled Duplex: A Turnkey Investment Opportunity! Both units have been completely renovated with modern finishes. They include new air conditioning, new appliances, updated kitchens and bathrooms, new flooring, fresh paint, and high-end fixtures. Everything has been meticulously renovated, offering low maintenance and peace of mind for years to come. Ideal for investors looking to generate immediate rental income or for owners who wish to live in one unit and rent out the other. Impeccable, modern, and move-in ready. Don't miss this exceptional opportunity to acquire a completely renovated duplex. Schedule your visit today!
Pre-Construction. To be built. Buildable Duplex Lot — Utilities Ready — Income Potential. The photos is an example of what you could build. The price is for the lot with utilities already there. The land is cleared and ready to build. A little over 1/3 of an acre. Build a duplex, single family home, or a modular home.
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.
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.
PRICE IMPROVED!! HOT NEW PORT RICHEY LOCATION with huge future upside potential! 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 nice Cap rate! Don't delay. Call today to set up a viewing of this fantastic investment property.

New Port Richey is located in Florida. New Port Richey, Florida 34652has a population of 13,373. New Port Richey 34652 is less family-centric than the surrounding county with 15.24% 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 34652 is $44,610. 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 34652 is 40.5 years.
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 49.7 degrees. The average rainfall is approximately 51.4 inches per year, with 0 inches of snow per year.