5940 & 5934 MEADOWLANE STREET New Port Richey, FL $ 549,000
5940 & 5934 MEADOWLANE STREET
$ 549,000
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5940 & 5934 MEADOWLANE STREET

New Port Richey, FL, 34652
$ 549,000
Bedrooms6 Baths4.0 Sq 2,518

Monthly Estimate*

$ 3,380

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Multi-Family Home for sale in New Port Richey, FL

for $549,000 with 6 bedrooms and 4 full baths. This 2,518 square foot home was built in 2006 on a lot size of 0.17.

Exceptional Income-Producing Duplex in a prime location! Discover a rare opportunity to own a beautifully designed side-by-side duplex offering the perfect blend of comfort, flexibility, and income potential. Whether you’re an investor seeking a high-demand rental property or a homeowner looking to live in one unit while generating rental income from the other, this versatile property delivers outstanding value. Each spacious residence offers 3 beds/2 baths and over 1,250 square feet of thoughtfully designed living space. A functional open-concept layout with high ceilings and recessed lighting seamlessly connect the living and dining areas. Designed with comfort and accessibility in mind, the kitchen features a breakfast bar, newer appliances and a laundry closet with washer/dryer. The guest bedrooms are generously sized and share a hallway bathroom, while the primary suite has a large walk-in closet and en-suite bathroom. This unique layout of two homes under one roof is suitable for a wide range of living needs including multigenerational living or a private mother-in-law suite. Step outside to enjoy the fully fenced backyard, including a separate privacy fence dividing each unit, allowing residents to enjoy their own outdoor space or even store their RV! Enjoy peace of mind with TWO newer AC units (2024/2025) and a brand NEW roof included with acceptable offer. One unit is currently tenant-occupied and fully updated, providing immediate rental income potential. This property offers added flexibility with no HOA restrictions and is situated outside of a flood zone. Located just minutes from US-19, this home has quick access to major commuting routes, shopping, dining, and the vibrant downtown district, making it highly desirable for both homeowners and tenants. Schedule your private showing today!

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Multi-Family Active

Price

$ 549,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,315

Style

Duplex

Lot Size

0.17

Year Built

2006

Town/City

New Port Richey

County/Region

Pasco

MLS | Web ID

TB8484287

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Public Water - Multiple Meters
Roof Shingle
Appliances Cooktop Dishwasher Dryer Electric Water Heater Refrigerator Washer
Zoning MF1
Construction Materials Block Vinyl Siding
Year Built 2006
Tenant Pays Electricity Water
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Pasco
New Construction false
Property Type Residential Income
Subdivision Name CRAFTS SUB
Garage Y/N false
Status Active
Directions From SR-54 take Madison St. NORTH then go WEST onto Meadowlane Street. DUPLEX is on the LEFT.
City NEW PORT RICHEY
Senior Community Y/N false
Number Of Units Total 2
MLS Area 34652 - New Port Richey
Lot Size Units Square Feet
Lot Size Square Feet 7500
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 4315.84
Property Condition Completed
Ok to Lease 12 Months
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8484287
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 3
Total Actual Rent 2000
Legal Description CRAFTS SUBDIVISION UNIT 4 PB 2 PG 44 LOT 3 & EAST 1/2 OF LOT 4 BLOCK 1
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Living Room/Dining Room Combo Open Floorplan Walk-In Closet(s) Window Treatments
Flooring Ceramic Tile Luxury Vinyl
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Kitchen Laundry Closet
Total Bedrooms 6
Total Baths 4
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Exterior
Exterior Amenities Fenced Private Yard RV Hookup
Parking Features Driveway Off Street RV Parking
Water Source Public
Lot Size Area 7500
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.17
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Coastal Luxury Realty

Broker

Tara@coastalluxuryrealty.com

Email

Affordability Calculator

$3,740
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,380
Monthly Property Taxes
$360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$549,000 Listed Price

Map


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5940 & 5934 MEADOWLANE STREET, New Port Richey, FL, 34652 is a Multi-Family Home for sale at $549,000 with 2,518 sqft and a lot size of 0.17. 5940 & 5934 MEADOWLANE STREET has 6 bedrooms, 4.0 baths, and was built in 2006. The property's zip code is 34652 which is in New Port Richey, FL