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$1,795,000

  • For Sale
  • Active
  • Single Family
  • 10 Beds
  • 8 Full Baths
  • 6,378 Sq. Ft.
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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.

Full Property Details for 5622-5640 Missouri Ave

General

  • Price: $1,795,000
  • Taxes: $28,459 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8504064
  • Updated: 6/1/2026
  • Added to Site: 71 day(s) ago

Rental Information

  • Min. Lease: 1 Month

Interior

  • Number of Rooms: 12
  • Interior Features: Ceiling Fan(s), Kitchen and Family Room Combination, Thermostat
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 10

Other Rooms

  • Laundry: Other

Exterior

  • Exterior Features: Awning(s), Lighting, Sidewalk

Location

  • Area: 34652 - New Port Richey
  • County: Pasco
  • Development Name: 34652 - New Port Richey
  • Subdivision: TOWN OF NEW PORT RICHEY
  • Driving Directions: From Main Street heading west, turn left onto Grand Blvd then a right onto Missouri Ave. The property will be on your left.
  • Direction Faces: North

Community

  • Community Name: 34652 - New Port Richey

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected

Structural Information

  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 6,378
  • Sq. Ft. Source: Public Records
  • Year Built: 1979

Lot Features

  • Lot Size (Acres): 0.52
  • Lot Size (Sq. Ft.): 22,651
  • Lot Size: 22651
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $28,459.23
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOTS 8 9 & 10 BLOCK 106, PORT RICHEY COMPANY REVISED PLAN FOR TOWN OF NEW PORT RICHEY, according to the map or plat thereof recorded in Plat Book 4, Page 49, Public Records of Pasco County, Florida.
  • Flood Zone Info: X
  • APN: 526160030106000080
  • Property ID: 526160030106000080
  • Block/Lot/Section: 106

Listed by Bhhs Florida Properties Group

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Listing agents

— 5622-5640 Missouri Ave —

  • Bhhs Florida Properties Group

  • Bhhs Florida Properties Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 5622-5640 Missouri Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Price Reduced
$1,795,000
-5.53%
MLS
5/01/2026
Listed
$1,900,000
40.74%
MLS
11/21/2024
Sold
$1,350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5622-5640 Missouri Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,630
—
$1,135,675
-1%
2025
$27,630
70%
$1,146,826
-1%
2024
$16,222
17%
$1,160,567
34%
2023
$13,903
24%
$866,762
37%
2022
$11,209
22%
$633,019
81%
2021
$9,169
—
$350,663
6%
2021
$9,169
13%
$331,938
24%
2019
$8,085
5%
$268,210
10%
2018
$7,728
4%
$243,830
-24%
2017
$7,456
14%
$321,990
-1%
2016
$6,526
2%
$326,081
62%
2015
$6,367
39%
$201,513
21%
2013
$4,585
—
$166,540
10%
2013
$4,585
—
$151,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Bhhs Florida Properties Group

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5622-5640 Missouri Ave, New Port Richey, FL 34652 (MLS# TB8504064) is a Single Family property with 10 bedrooms and 8 full bathrooms. 5622-5640 Missouri Ave is currently listed for $1,795,000 and was received on May 01, 2026. Want to learn more about 5622-5640 Missouri Ave? Do you have questions about finding other Single Family real estate for sale in New Port Richey? You can browse all New Port Richey real estate or contact a Coldwell Banker agent to request more information.

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