ATTENTION INVESTORS! Rare turn-key duplex in popular downtown New Port Richey. Walking distance to Main Street. Golf cart zone. This great cash flowing duplex has a 2 bed/1bath and a 1 bed/1 bath. Great condition. New central A/C in 2016. New roof in 2015. Long term tenants in place. Under market value rents since they have been there for 15+ years. Separately metered for electric & tenants pay their own electric. Large oversized yard with separate patios and fenced divider for privacy on each side. Large parking area. NOT in a flood zone. Great neighborhood. Close to stores, restaurants, bars, transportation, Sims Park, Cotee River, boat ramp and more. Could also be a potential future short term rental opportunity. Recent 4 point inspection available upon request. Owner is a licensed real estate agent in Florida. DO NOT DISTURB TENANTS! Drive by ok, but do NOT walk the property without listing agent.
Multi-familyProperty Type
1973Year Built
7,500 sq ftLot Size
$199Est. Price/Sq.Ft.
Listed by Jim Kostas• HOMEFRONT REALTY
Bought with Julianna Bertrand• REALTY ONE GROUP SUNSHINE
Rare duplex income investment opportunity in ultra-hip and rapidly re-gentrifying downtown New Port Richey, Walking distance to bustling Main Street, Sims Park which is loaded with boutiques, restaurants and vibrant nightlife. The Duplex consists of one 1 bedroom 1 bath unit and one 2 bedroom 1 bath. Both units currently leased. The 2 bedroom unit has been recently updated. The adjoining 1 bedroom unit has not, but has a long term Tenant who has been there many years. Private rear porches and a huge back yard. PLEASE DO NOT DISTURB TENANTS. Current annual gross income is $16,200.00 but has potential for much more. Due to COVID concerns, only the Seller approved and accepted Highest and Best offer will be allowed to preview the interiors of the units which will then be contingent on a 7 day Buyer inspections and approval period. Feel free to drive by the property, walk around it, but under no circumstances are the Tenants to be disturbed. Thank you for your cooperation. No sign on the property
Public Records
Sep 22, 2003
Sold
$85,000
$56/sq ft
Public Records
Apr 26, 1995
Sold
$98,000
$64/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,213 (−1.7%)
$33,705 + $178,157
$211,862
2024
$5,306 (+0.7%)
$30,705 + $183,588
$214,293
2023
$5,268 (+51.8%)
$23,745 + $185,354
$209,099
2022
$3,470 (+9.4%)
2021
$3,171 (+59.1%)
$11,625 + $110,533
$122,158
2020
$1,993 (+5.1%)
2019
$1,896 (+4.7%)
2018
$1,810 (+3.5%)
2017
$1,750 (+31.6%)
$10,545 + $65,830
$76,375
2016
$1,329 (+15.9%)
$10,545 + $38,301
$48,846
2014
$1,147 (+8.2%)
2013
$1,060 (+5.3%)
2012
$1,006
Tax history for 5707 Tennessee Ave
Year
Property tax
Land + Additions
Assessment*
2025
$5,213 (−1.7%)
$33,705 + $178,157
$211,862
2024
$5,306 (+0.7%)
$30,705 + $183,588
$214,293
2023
$5,268 (+51.8%)
$23,745 + $185,354
$209,099
2022
$3,470 (+9.4%)
2021
$3,171 (+59.1%)
$11,625 + $110,533
$122,158
2020
$1,993 (+5.1%)
2019
$1,896 (+4.7%)
2018
$1,810 (+3.5%)
2017
$1,750 (+31.6%)
$10,545 + $65,830
$76,375
2016
$1,329 (+15.9%)
$10,545 + $38,301
$48,846
2014
$1,147 (+8.2%)
2013
$1,060 (+5.3%)
2012
$1,006
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
1985
Sq. Ft.
1,520
Year built
1973
Style
Other
County
Pasco County
APN
08-26-16-0030-15600-0130
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Sep 2, 2023 • Final
Shed detached garage / utility
Work on a utility shed.
ADU
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Driveway, Parking Pad, Reserved
Interior
Virtual Tour
Laundry Room Information
Laundry Features: Outside
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Thermostat, Walk-in Closet(s), Window Treatments
Appliances: Electric Water Heater, Range, Refrigerator