5622-5640 Missouri Ave | 8-Unit Multifamily | 100% Occupied

For Sale

5622-5640 Missouri Ave, New Port Richey, FL 34652

This New Port Richey property for sale is located at 5622-5640 Missouri Ave. The current listed sale price for 5622-5640 Missouri Ave | 8-Unit Multifamily | 100% Occupied is $1,900,000. 5622-5640 Missouri Ave | 8-Unit Multifamily | 100% Occupied is situated on a lot that is 0.52 acre in size.

Contacts

Alex Hamilton

Florida Properties Group

Property Details

  • Property Type Multi-Family
  • Property Size 7,586 SF
  • Units 8
  • Lot Size 0.52 Acre
  • Year Built 1979
  • Year Renovated 2025
  • Date Updated Apr 30, 2026
Well-located in downtown New Port Richey near the riverfront, parks, and retail amenities, just off Missouri Avenue and minutes from the vibrant downtown corridor. From Main street heading west, turn left onto Grand Blvd then a right onto Missouri Ave. The property will be on your left.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 100% 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. Seller financing available!
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Highlights

  • 0.52 Acres in Downtown New Port Richey
  • 100% Occupied W/ Annual Leases
  • 6x Units 1BR/1Bath/ 2x Units 2BR/1Bath
  • 8-Unit Multifamily/ 4 Buildings W/ 2-Units Each
  • New Roof 2025
  • Rent Roll $131,400.00
  • Zoned MF-2

Attachments

Getting around

  • 83/100

    Walk Score ®

  • 68/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City New Port Richey, FL
  • Neighborhood Downtown New Port Richey
  • Zip Code 34652
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • My Fuel

    0.11 miles

  • EV Connect -CCS connectors

    0.12 miles

  • 7-Eleven

    0.39 miles

  • Shell

    0.56 miles

  • Greenlots

    0.87 miles

  • Chevron

    1.04 miles

  • Gas Express

    1.40 miles

  • Citgo

    1.51 miles

  • Mobil

    1.55 miles

  • Marathon

    1.70 miles

  • Thomas Meighan Parking Lot

    0.05 miles

  • Gloria Swanson Parking Lot

    0.14 miles

  • Missouri Avenue Lot

    0.14 miles

  • Nebraska Avenue Lot

    0.17 miles

  • New Port Richey Parking Garage

    0.31 miles

  • Main Parking Lot

    2.71 miles

  • Student Parking

    5.70 miles

  • Visitor parking

    5.76 miles

  • Visitor Parking

    5.79 miles

  • Faculty Parking

    5.80 miles

  • Comfort Inn & Suites New Port Richey Downtown District

    0.35 miles

  • Green Key Beach Motel

    0.45 miles

  • Motel 6

    0.56 miles

  • Rodeway Inn

    0.68 miles

  • Quality Inn & Suites Conference Center

    0.91 miles

  • River Side Inn

    1.42 miles

  • Fairfield Inn & Suites Holiday Tarpon Springs

    3.34 miles

  • Holiday Inn Express & Suites - Port Richey

    4.52 miles

  • Days Inn Hotel & Suites - Port Richey

    4.78 miles

  • Hampton Inn & Suites Port Richey

    4.99 miles

  • Wright's natural market

    0.17 miles

  • Winn-Dixie

    0.96 miles

  • Publix

    1.18 miles

  • Walmart Supercenter

    2.38 miles

  • Bealls

    2.57 miles

  • Bealls Outlet

    2.62 miles

  • Dollar General Market

    2.68 miles

  • Gulf View Square Mall

    3.15 miles

  • Save-A-Lot

    3.16 miles

  • Dillard's Clearance Center

    3.27 miles

Contact Listing Broker
Alex Hamilton

Florida Properties Group

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