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Downtown New Port Richey Multifamily Home for Sale

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    $780,000

    • 12 Beds
    • 14 Baths
    • 3,825 Sq Ft

    6220 Missouri Ave, New Port Richey, FL 34653

    Exceptional investment opportunity! This potential income-producing property offers five fully rented units with room for a potential sixth. Two long-term tenants (12-plus and 10-plus years) provide cash flow. Just blocks from downtown New Port Richey and Sims Park, steps from the river, shops, restaurants and events. Property includes a triplex (with possible conversion to a fourplex) plus two

    Jose Cardenas PREMIER SOTHEBYS INTL REALTY

    6220 Missouri Ave, New Port Richey, FL 34653

Why Live in Downtown New Port Richey

Downtown New Port Richey blends charming residential spaces with a vibrant commercial scene. Housing options range from cozy bungalows with brightly colored exteriors to waterfront homes along the Cotee River. The neighborhood is highly walkable, with Main Street serving as a hub for dining and shopping. Popular spots include The Social, known for its rooftop and open-air bars, and The Hacienda, a historic hotel with a restaurant and bar. Melt’d offers gourmet grilled cheese sandwiches, while Ottaway’s Ice Cream Parlor is perfect for a sweet treat. Southgate Shopping Center provides additional retail options, including a Publix for grocery needs. Sims Park, located between the river and Orange Lake, features a splash pad and band shell for live performances, making it a central gathering place for the community. The Cotee River offers boating access to the Gulf of Mexico. Highway 19 connects residents to Clearwater, 20 miles away, and Downtown Tampa, 40 miles southeast. The New Port Richey Police Department regularly uses social media to update residents and seek community assistance. According to Risk Factor, Downtown New Port Richey’s roads and residential areas are at a severe risk of flooding, with social facilities at a major risk and commercial areas at extreme risk. There is also a high potential for wind damage due mostly to hurricane risk and tropical storms.

Home Trends in Downtown New Port Richey, FL

Housing Trends

Median Sale Price
$249,000
Median Single Family Sale Price
$263,000
Median Townhouse Sale Price
$455,000
Median 2 Bedroom Sale Price
$149,250
Median 1 Bedroom Sale Price
$107,500
Average Price Per Sq Ft
$204
Number of Homes for Sale
37
Last 12 months Home Sales
91
Months of Supply
4.90
Median List Price
$259,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
2%
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