5622-5640 Missouri Ave, New Port Richey, FL 34652

New Port Richey
Local realty services provided by:Bingham Realty ERA Powered
5622-5640 Missouri Ave,New Port Richey, FL 34652
$1,795,000
  • 10 Beds
  • 8 Baths
  • 6,378 sq. ft.
  • Single family
  • Active
Listed by: alex hamilton, erica kielty
Office: bhhs florida properties group
MLS#:TB8504064
Source:MFRMLS

Price summary

  • Price:$1,795,000
  • Price per sq. ft.:$236.62

About this home

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.

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Home facts

  • Year built:1979
  • Listing ID #:TB8504064
  • Added:58 day(s) ago
  • Updated:June 29, 2026 at 11:53 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Carpet, Tile
  • Kitchen Description:Kitchen/Family Room Combo, Microwave, Range, Refrigerator
  • Living area:6,378 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1979
  • Building area:6,378 sq. ft.
  • Lot area:0.52 Acres
  • Construction Materials:Block, Stucco
  • Exterior Features:Awning(s), Lighting, Sidewalk
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,795,000
  • Price per sq. ft.:$236.62
  • Tax amount:$28,459 (2025)

Features and amenities

  • Appliances:Electric Water Heater, Microwave, Range, Refrigerator
  • Amenities:BB/HS Internet Available, Cable Available, Ceiling Fans(s), Kitchen/Family Room Combo, Phone Available, Thermostat
  • Pool features:Public Pool
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