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DUPLEX OPPORTUNITY MINUTES FROM DOWNTOWN NEW PORT RICHEY! Offered at just $299,900, this concrete-block duplex presents a compelling opportunity for investors, owner-occupants and buyers looking to build long-term rental income. The property features two separate 2-bedroom, 1-bath units, and BOTH ARE CURRENTLY VACANT, giving the next owner the freedom to renovate, select tenants and establish rents without inheriting existing leases. With approximately 2,464 total square feet, there is plenty of room and plenty of potential. Unit 5403 is currently in better overall condition, while Unit 5409 provides additional value-add opportunity through updating and improvements. The property is dated, but that is exactly where the upside lies. Renovate both units for your rental portfolio, live in one side while renting the other, or improve the property over time as part of a long-term investment strategy. Comparable 2-bedroom rentals in the surrounding New Port Richey market demonstrate strong rental potential, while the location puts residents just minutes from Downtown New Port Richey's restaurants, shopping, parks, entertainment and community events. Two units. Both vacant. Approximately 2,464 square feet. $299,900. Bring your vision and take advantage of an increasingly hard-to-find multifamily opportunity in the heart of New Port Richey.
| DAYS ON MARKET | 1 | LAST UPDATED | 9/21/2026 |
|---|---|---|---|
| TRACT | OLD GROVE | YEAR BUILT | 1984 |
| COMMUNITY | 34653 - New Port Richey | COUNTY | Pasco |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Cotee River Elementary-PO |
|---|---|
| Jr. High School | Gulf Middle-PO |
| High School | Gulf High-PO |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range |
| AREA | 34653 - New Port Richey |
| CONSTRUCTION | Block |
| HEAT | Central, Electric |
| INTERIOR | Eat-in Kitchen |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Corner Lot, Paved |
| PARKING | Common, Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | OLD GROVE |
| TAXES | 3820.23 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Michael Dumas, SANDPEAK REALTY, 727-232-2192
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 9/22/26 9:32 AM PDT.
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