$299,900
About this home
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.
Property details
- MLS #
- MFRW7889441
- Property type
- Duplex
- Subdivision
- OLD GROVE
- Status
- Active
- Days on market
- 1
- On market date
- September 21, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.17 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 544
- Student:teacher ratio
- 13.9:1
- District
- PASCO
- Enrollment
- 926
- Student:teacher ratio
- 16.5:1
- District
- PASCO
- Enrollment
- 1,468
- Student:teacher ratio
- 17.7:1
- District
- PASCO
Walkability
Blended score for NEW PORT RICHEY's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in NEW PORT RICHEY, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.