Duplex With Private
For Sale
$179,000
5716 KENWOOD Avenue, New Port Richey, FL 34652
MULTI_FAMILY - NEW PORT RICHEY, FL
Property Size1,027 SF
Lot Size0.21 Acres
Price / SF$174.29
Days on Market436
Property Features for 5716 KENWOOD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Window features
ENERGY STAR Qualified WIndows
Patio and Porch features
Porch
Interior features
Ceiling Fans(s), Open Floorplan
Exterior features
Fence
Fencing
Fenced
Fireplace
1
Appliances
Dryer, Electric Water Heater, Range, Refrigerator, Washer
Subdivision
KINNEY SUB
Lot features
Corner Lot, Sidewalk, Paved
Elementary school
Richey Elementary School
Middle school
Gulf Middle-PO
High school
Gulf High-PO
Directions
East on Main Street - Turn left on Madison Street - Turn Left on Massachusetts - Turn Right on Washington - Duplex is on the corner of Washington and Kenwood.
Standard status
Active
APN
16-25-32-043.0-001.00-011.0
Size
1,027 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
KINNEY SUB PB 2 PG 44 EAST 29 FT OF LOT 10 & ALL OF LOT 11 BLOCK 1
Tax Annual Amount
3472
Legal Description
KINNEY SUB PB 2 PG 44 EAST 29 FT OF LOT 10 & ALL OF LOT 11 BLOCK 1
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
exterior laundry area
large fenced yard
Building Details
Year built
1948
Number of units
2
Flooring type
Vinyl
Building materials
Block, Frame
Roof type
Shingle
Listing Agency:
RE/MAX CHAMPIONS · RE/MAX International
(727) 807-7887
Listed By:
Kim Doukas · License #3101882
(727) 278-0954
Added: May 27, 2025
Changed: Aug 3
Last Checked: Aug 5 at 10:06AM
MLS# TB8390381
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex includes two separate units with private entrances and individual driveways, plus updated interiors and shared outdoor space. The property has a fenced yard and an exterior laundry area with a washer and dryer that are not coin-operated. Each unit has its own entry and the property has never experienced interior flooding.
The roof was replaced in 2018 and the entire exterior was freshly painted in 2024. Unit 5718 offers a remodeled kitchen, updated bathroom, fireplace, and a spacious Florida room, and it currently functions as a large studio with an easy path to a one-bedroom layout. Unit 5716 is a studio with a recently remodeled bathroom and a private entrance off Washington Street. Tenants are on month-to-month leases.
Built in 1948, the home uses block and frame construction and is served by central heating and central air. Utilities include public water and public sewer. The property is located just steps from downtown New Port Richey’s shops and restaurants, Sims Park, local festivals, and the riverfront, with easy access to US-19 and the Suncoast Parkway.
The roof was replaced in 2018 and the entire exterior was freshly painted in 2024. Unit 5718 offers a remodeled kitchen, updated bathroom, fireplace, and a spacious Florida room, and it currently functions as a large studio with an easy path to a one-bedroom layout. Unit 5716 is a studio with a recently remodeled bathroom and a private entrance off Washington Street. Tenants are on month-to-month leases.
Built in 1948, the home uses block and frame construction and is served by central heating and central air. Utilities include public water and public sewer. The property is located just steps from downtown New Port Richey’s shops and restaurants, Sims Park, local festivals, and the riverfront, with easy access to US-19 and the Suncoast Parkway.
Key Highlights
- 0.21‑acre duplex site with two separate units and individual driveways
- Private entrances for each unit plus a fenced yard and exterior laundry
- Roof replaced in 2018 and exterior painted in 2024
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.4k | $17.88 |
| − Vacancy | −$1.2k | −$1.21 |
| EGI | $17.1k | $16.67 |
| − OpEx | −$5.1k | −$5.00 |
| NOI | $12.0k | $11.67 |
1,027 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$171.3K
$149.9K – $199.8K
NOI $11,988 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$134.9K
$118.1K – $157.4K
NOI $9,445 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$233.9K
$204.7K – $272.9K
NOI $16,376 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Explore this area
Business Placement
Demographics for 34652, FL
26,697
Population
14,700
Households
1.8
Avg Household Size
51
Median Age
20%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
3,104
Density / Sq Mi
$52,396
Median Household Income
$36,819
Median Earnings
$1,189
Median Rent
$198,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R2-zoned duplex with two separate units, private entrances, and a fenced yard with exterior laundry.
Where is this duplex located?
The property is located at 5716 KENWOOD Avenue New Port Richey, FL.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 0.21‑acre duplex site with two separate units and individual driveways; Private entrances for each unit plus a fenced yard and exterior laundry; Roof replaced in 2018 and exterior painted in 2024
