www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32196673
32196674

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

AH
FL FL SL3533355
Berkshire Hathaway HomeServices Florida Properties Group
Florida Properties Group
Listed by Berkshire Hathaway HomeServices Florida Properties Group, Florida Properties Group
$1,795,000
59 days on market
Updated 6 days ago

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

Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 8
Cap Rate 5.20%
Tenancy Multi
Class B
Year Built 1979
Acreage 0.520

Multifamily

Marketing description

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 $133,080 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!

Investment highlights

  • 8-Unit Multifamily/ 4 Buildings W/ 2-Units Each
  • 100% Occupied W/ Annual Leases
  • Rent Roll $133,080
  • 0.52 Acres in Downtown New Port Richey
  • New Roof 2025
  • 6x Units 1BR/1Bath/ 2x Units 2BR/1Bath
  • Zoned MF-2
Icon
Powered by Berkshire Hathaway
Learn More

Listing Contacts

AH
FL FL SL3533355
Berkshire Hathaway HomeServices Florida Properties Group
Florida Properties Group
Listed by Berkshire Hathaway HomeServices Florida Properties Group, Florida Properties Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
MF-14 ResidentialMulti FamilyMedium Density Residential
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 6 uses
View all 6 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Alex Hamilton
License
FL SL3533355
Brokerage Phone
7274846429
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591