Duplex With Private
5716 KENWOOD Avenue New Port Richey, FL 34652
5716 KENWOOD Avenue, New Port Richey, FL, 34652
$179,000
Pending
For Sale
$179,000
Pending
MULTI_FAMILY - NEW PORT RICHEY, FL
Property Size1,027 SF
Lot Size0.21 Acres
Days on Market421
Property Features for 5716 KENWOOD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R2
- Bedrooms
- 2
- 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
- Standard status
- Pending
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1948
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Block, Frame
- Roof type
- Shingle
Listing Agency
RE/MAX CHAMPIONS
(727) 807-7887
11541 Trinity Blvd, Trinity, FL
Listed by
Kim Doukas · License #3101882
(727) 278-0954
Added: May 27, 2025 Updated: Jul 20 at 8:53 pm Checked: Jul 21 at 6:06 am
MLS# TB8390381
Listing URL
Copyright © 2026 West Pasco Board of Realtors. 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 well-maintained duplex includes two separate units, each with its own private entrance and individual driveway. The exterior improvements include a roof replacement in 2018 and a fresh exterior paint job in 2024. Unit 5718 features a remodeled kitchen and updated bathroom, and it includes a fireplace and a spacious Florida room; it currently operates as a large studio but can be converted into a one-bedroom layout. Unit 5716 is a cozy studio with a recently remodeled bathroom and a private entrance off Washington Street. Shared amenities include an exterior laundry area with a washer and dryer that are not coin-operated, along with a large fenced yard. The property has never experienced interior flooding and both units are on month-to-month leases.
The current gross annual rental income is $22,800, with tenants in place paying $1,000/month for Unit 5718 and $900/month for Unit 5716. The address is 5716 Kenwood Avenue in New Port Richey, and the property is described as being near downtown shops, restaurants, Sims Park, local festivals, and the riverfront. Easy access to US-19 and the Suncoast Parkway is noted, with Gulf beaches described as a short drive away.
The current gross annual rental income is $22,800, with tenants in place paying $1,000/month for Unit 5718 and $900/month for Unit 5716. The address is 5716 Kenwood Avenue in New Port Richey, and the property is described as being near downtown shops, restaurants, Sims Park, local festivals, and the riverfront. Easy access to US-19 and the Suncoast Parkway is noted, with Gulf beaches described as a short drive away.
Key Highlights
- Duplex built in 1948 with two separate units, each with private entrances and individual driveways
- 2018 roof replacement plus exterior freshly painted in 2024
- Unit 5718 includes remodeled kitchen, updated bathroom, fireplace, and a spacious Florida room (currently functions as a large studio)
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Aesthetic Candles
Home Decor Store
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex with private entrances and individual driveways, plus a fenced yard and exterior laundry area.
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: Duplex built in 1948 with two separate units, each with private entrances and individual driveways; 2018 roof replacement plus exterior freshly painted in 2024; Unit 5718 includes remodeled kitchen, updated bathroom, fireplace, and a spacious Florida room (currently functions as a large studio)
