Under contract-accepting backup offers. Great DUPLEX Investment Opportunity – Income-Producing Property! Put your money to work with this turn-key, updated duplex in a prime location near downtown New Port Richey. Featuring two spacious units, each offering just over 1,000 sq ft with desirable open floor plans, this property provides both immediate income and rental flexibility. One unit offers 3 bedrooms and 1 bath and is currently rented at $1,300 per month with long-term tenants on a yearly lease. The second unit features 2 bedrooms and 1 bath, has been newly remodeled, and is vacant—perfect for an owner-occupant or to lease at current market rent. Interior features of both units include: -Open-concept living and dining areas -Fresh neutral interior paint -Antique oak luxury vinyl plank flooring (scratch-resistant, waterproof, and stain-resistant) -Updated toilets, plumbing, and lighting fixtures -Inside laundry areas with washer & dryer hookups -Updated water heaters -Ample closet space -Appliance packages including refrigerator, dishwasher, stove, and range hood -Sliding glass doors leading to private patios -Each unit includes its own covered carport, storage space, and the property is enhanced by vinyl fencing and a newer roof (2022). Located just minutes from the Historic Downtown district of New Port Richey, with its charming shops and restaurants, as well as beautiful riverfront gatherings at Sims Park. The location alone makes this a standout investment opportunity. Whether you’re looking to expand your portfolio or live in one side while renting the other, this duplex offers strong income potential and long-term value.
Multi-familyProperty Type
1973Year Built
8,035 sq ftLot Size
$160Price/Sq.Ft.
2 car garageParking
Listed by Tina Osthus• HENDRIK MARIE REAL ESTATE SERVICES
North River, located between the Pithlachascotee River and US-19, is a waterfront and residential New Port Richey neighborhood with riverfront parks and a breezy, boat-ramp rhythm. The neighborhood’s character concentrates around the Riverwalk and Sims Park, where marina slips, shaded lawns, and small-stage events set the tone. Streets mix mid-century ranch homes with newer infill, often oriented toward canals and mangrove edges. Downtown’s historic core adds texture through the Richey Suncoast Theatre and the West Pasco Historical Society Museum & Library. Cotee River Brewing Company and the Hacienda Hotel’s riverfront grounds lend a local, lived-in social scene. Kayaks, fishing piers, and sunset benches keep the geography front and center.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Eat-in kitchen
Thermostat
Walk-in closets
Bedrooms
Four bedrooms total
Each unit is a 2-bedroom (one unit described as 2 bed with bonus room)
Bathrooms
Two full bathrooms (one in each unit)
Kitchen
Dishwasher
Range
Range hood
Refrigerator
Laundry & utility
Inside laundry
Heating & cooling
Central heating
Central air conditioning
Exterior features
Rear porch
Fenced yard
Asphalt road frontage
Home design
Duplex (residential income property)
Single building containing two units
Zoned MF1
Parking
Carport with 2 spaces
Each unit has 1 garage space
Construction
Block and stucco construction
Shingle roof
Slab foundation
Built on a 0.18-acre lot
Utilities
Public water
Public sewer
Electricity connected
Water connected
Sewer connected
Cable available and connected
HOA & community
No association
Financial info
Two-unit income property (2 total units)
Annual net income reported as $0.00
Unit pro forma rents listed as $1,300 and $1,800
Other
Living area reported as 2,025 square feet
Electricity and solar
View estimated energy costs and solar savings for this home
Replace an existing electrical service panel with a new electrical panel.
Electrical
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.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance 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, 26 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, 3 days in 30 years
Provided by First Street
Historical weather
New Port Richey, FL • 34652
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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 7116-7118 Green St
$311,873
$13K under list price of $325K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $135K to $470K.