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5622-5640 MISSOURI AVENUE

“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.
5622-5640 MISSOURI AVENUE

Details

Property ID:

TB8503245

Garage:

N/A

Listing Price:

$1900000

Current Price:

$1900000

Garage Size:

N/A

Property Size:

22651 SQFT

Property Living Area :

6378 SQFT

Year Built:

1979

Bedrooms:

N/A

Property Type:

Commercial Sale

Bathrooms:

N/A

Property Status:

Active

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Listed by BHHS FLORIDA PROPERTIES GROUP
Listing Contact: 727-514-2414

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed. All information should be independently verified.

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Data last updated 4/30/2026, 5:00 AM UTC

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