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Beds
10
Baths
8
Sq Ft
6,378 sq ft
Year Built
1979
Lot Size
0.52 acres
Garage
—
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.
From Main Street heading west, turn left onto Grand Blvd then a right onto Missouri Ave. The property will be on your left.
5622-5640 MISSOURI AVE, NEW PORT RICHEY, FL 34652
Pick a Day
Preferred Time
Home Price
$1,795,000
Loan Term
Specialized financing for this $1,795,000 property in NEW PORT RICHEY. Luxury purchases typically require jumbo or portfolio lending.
💎
$179,500 Down
For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.
🎖️
$0 Down
VA-eligible borrowers can go above conforming limits with zero down in many cases.
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$269,250 Down
Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.
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$359,000 Down
Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.
Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: June 1, 2026.
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