GREAT INVESTOR OPPORTUNITY!!! Turnkey duplex in a prime location close to Downtown. Exterior upgrades include a BRAND NEW ROOF with hurricane force shingles and a transferable warranty, as well as fresh exterior paint. Unit upgrades include fresh interior paint throughout, brand new doors and electrical receptacles, and both bathrooms have been fully remodeled with brand new vanities, toilets, and lights. Unit 5374 also received brand new windows, as well as a full kitchen remodel, including all new kitchen cabinets, and countertop. The shed in the backyard gives you ample storage space, as well as a washer/dryer hookup. Whether you are just starting your rental portfolio, or adding to it, this property checks all the boxes. Schedule your tour today!
Crafts, located between Downtown New Port Richey and the Pithlachascotee River, is a historic and residential New Port Richey neighborhood with bungalow-lined streets and a walkable, small-town grid. The neighborhood’s character concentrates around the Grand Boulevard–Main Street area, where sidewalk patios, indie galleries, and old-Florida storefronts set an unhurried pace. The Richey Suncoast Theatre, Sims Park, and the New Port Richey Public Library act as cultural anchors for evenings and weekends. Architecture leans Craftsman and mid-century, with mature trees and front-porch streetscapes. River breezes and pocket parks shape daily routines. Downtown festivals and waterfront paths keep the calendar active without feeling loud.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Solid wood cabinets
Thermostat
Attic
Bedrooms
Four bedrooms total
Bathrooms
Two bathrooms total (one in each unit)
Kitchen
Refrigerator
Freezer
Electric water heater
Laundry & utility
Washer hookup
Electric dryer hookup
Outside laundry access
Flooring
Tile flooring
Heating & cooling
Electric heating
Central air conditioning
Exterior features
Covered porch
Fence
Exterior lighting
Private mailbox
Shed(s)
Home design
Duplex (residential income property)
One story
Completed condition
MF1 zoning
Parking
Parking pad
Construction
Block, concrete and stucco construction
Shingle roof
Block foundation
Built as multi-unit building (1 building)
Utilities
Public water
Public sewer
Cable available
BB/HS internet available
Electricity connected
Sewer connected
Water with multiple meters
HOA & community
No association
Pets allowed
Financial info
Two units total
Each unit is a 2-bedroom, 1-bath (both unfurnished)
Annual net income: $30,328
Number of separate water meters: 2
Tenants pay electricity, sewer and water
Pro forma rent shown as $1,500 per unit
Other
Living area approximately 1,484 sq ft; building area approximately 1,696 sq ft
Lot size about 0.15 acre (paved lot, public maintained road)
Electricity and solar
View estimated energy costs and solar savings for this home
Fully Leased duplex located in New Port Richey. Both Units are 2/1. No Deferred Maintenance with Stabilized Tenants. Great Investment or later retirement, live in one side and collect expenses on the other. TURNKEY! This property is one of 10 in a Portfolio of 22 units, contact agent for package price!
St. Augustine and St. Johns County Board of REALTORS® #HC2165524
Mar 21, 2016
Sold
$97,000
$65/sq ft
Oct 21, 2015
Listed
$100,000
$67/sq ft
Public Records
Aug 18, 2000
Sold
$110,000
$74/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,750 (+4.9%)
2024
$3,576 (+4.9%)
2023
$3,410 (+13.7%)
2022
$2,999 (+25.5%)
2021
$2,390 (−1.3%)
$11,354 + $74,981
$86,335
2020
$2,420 (−2.1%)
$11,354 + $75,776
$87,130
2019
$2,473 (−2.2%)
$11,354 + $77,858
$89,212
2018
$2,527 (+6.8%)
2017
$2,365 (+65.9%)
$10,274 + $72,505
$82,779
2016
$1,426 (+15.5%)
$10,274 + $42,477
$52,751
2014
$1,235 (+8.9%)
2013
$1,135 (+8.5%)
2012
$1,046
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,725 Sq. Ft.
Year renovated
1979
Finished Sq. Ft.
1,484
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,484
Year built
1979
Style
Other
County
Pasco County
APN
08-26-16-0260-00400-0020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 108° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
New Port Richey, FL • 34652
Average low and high temperatures (°F)
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68
77
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71
55
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 5374/5376 School Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $229,000 and $300,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $229K to $300K.