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5622 5632 Ohio Avenue

New Port Richey, FL 34652

12 beds
6 baths
5,130 sqft
~1/2 acre lot
$171 per sqft
1972 build
– on site

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Amazing investment opportunity to own 6 units right in the heart of New Port Richey only minutes away from Sims Park and steps from the Cotee River! This property features 3 buildings with 2 units in each. All units are virtually identical in layout being 2 bedrooms and 1 full bath. Each unit has a private back porch with their own utility rooms with washer/dryer hookups. All 6 units are currently rented! Don't miss out on a great chance at increasing your income with this rental complex featuring strong CAP rates! Annual net income does not include professional management which is willing to stay on with new owners, property taxes or insurance. All NEW duct work in every unit 2024, new AC systems in unit 5626 (2021) & unit 5628 (2020), all units serviced annually.

Listing courtesy of STELLAR_MLS / NJS REALTY PLLC

Last checked: Checking… • Last updated Feb 26, 2025 •

MLS# W7872132 —

The Building

Year Built:

1972
New Construction:

false
Construction Materials:

Block
Roof:

Membrane
Foundation Details:

Slab
# of Buildings:

3
Building Area Units:

Square Feet

Interior

Interior Features:

Cathedral Ceiling(s)
Fireplace:

false

Room Dimensions

Living Area:

5130
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Grand Blvd. to East on Ohio Ave.
Latitude:

28.255121
Longitude:

-82.720814
Coordinates:

-82.720814, 28.255121

The Property

Parcel Number:

162605003.0037.00001.0
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.57
Lot Size Area:

24820
Lot Size SqFt:

24820
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

R2
View:

false
Exterior Features:

Lighting
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

1
Tax Block:

37
Tax Legal Description:

CITY OF NEW PORT RICHEY PB 4 PG 49 W 100 FT OF LOT 1 BLK 37 & THAT PART OF LOTS 11 12 & 13 BLK 37 LYING E OF LN WHICH IS 45.8 FT W OF & // TO W BDY OF LOT 1 BLK 37 OR 9040 PG 3180
Tax Book Number:

4-49
Tax Annual Amount:

12266.53

Beds

Bedrooms Total:

12

Baths

Total Baths:

6

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Electric Dryer Hookup

The Community

Subdivision Name:

NEW PORT RICHEY CITY
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
2/22/25 Feb 22, 2025	Sold	STELLAR_MLS	$879,000
2/6/25 Feb 6, 2025	Pending	STELLAR_MLS	$879,000
2/4/25 Feb 4, 2025	Listed / Active	STELLAR_MLS	$879,000

Multifamily Sold on 2/22/2025

$879,000

Listing provided by broker:

Jason Webb

NJS REALTY PLLC

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Listing Courtesy of: STELLAR_MLS and NJS REALTY PLLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

5622 5632 Ohio Avenue

New Port Richey, FL 34652