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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.
| DAYS ON MARKET | 8 | LAST UPDATED | 5/1/2026 |
|---|---|---|---|
| TRACT | TOWN OF NEW PORT RICHEY | YEAR BUILT | 1979 |
| COMMUNITY | 34652 - New Port Richey | COUNTY | Pasco |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Microwave, Range, Refrigerator |
| AREA | 34652 - New Port Richey |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Awning(s), Lighting |
| HEAT | Heat Pump |
| LOT | 0.52 acre(s) |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | TOWN OF NEW PORT RICHEY |
| TAXES | 28459.23 |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Alex Hamilton, BHHS FLORIDA PROPERTIES GROUP, 813-739-5700
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/7/26 9:46 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.