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5940 & 5934 Meadowlane Street

New Port Richey, FL 34652
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Bed 6

Bed

Bath 4

Bath

SqFt2,518

Sqft

Acres0.17

Acre(Lot)

NEW PRICE! 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/d ryer. 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! One unit is currently tenant-occupied and fully updated, providing immediate rental income potential. This property offers added flexibility with no HOA restrictions, two NEWER AC units 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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Detail Ic Property Details

Property Type : Residential Income

Price : $499,900

AD Id : 76115494

MLS Id : MFRTB8484287

Beds : 6

Lot Size : 0.17 Acre

Living Area Size : 2,518

Year Built : 2006

County : Pasco

Subdivision: Crafts Sub

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Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 4

    Interior Features

    Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments Roof: Shingle Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer Laundry Features: In Kitchen, Laundry Closet

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Ceramic Tile, Luxury Vinyl Construction Materials: Block, Vinyl Siding
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 2006
  • Exterior Features

    Fence, Private Yard, RV Hookup Construction Materials: Block, Vinyl Siding Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 7500 Lot Acres: 0.17 Lot Size (SqMt): 697

    Property Information

    Property Type: Residential Income Sub Type: Duplex

  • Listing Price Information

    Original List Price:$549000

  • Tax Information

    Tax Block: 1 Tax Book Number: 2-44 Tax Lot: 3 Tax Legal Description: CRAFTS SUBDIVISION UNIT 4 PB 2 PG 44 LOT 3 & EAST 1/2 OF LOT 4 BLOCK 1 Annual Tax: $4315.84 Tax Year: 2025 Parcel Number: 08-26-16-0250-03301-0030

  • Utility Information

    Cable Available, Electricity Connected, Public, Water - Multiple Meters Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: CRAFTS SUB City: NEW PORT RICHEY Direction: From SR-54, take Madison St. NORTH, then go WEST onto Meadowlane Street. DUPLEX is on the LEFT.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6937 Mcbride Court, New Port Richey, FL, 34652 $299,000 4 2 1,736 1,736 SqFt
5822 River Road, New Port Richey, FL, 34652 $549,900 4 3 2,283 2,283 SqFt
7116-7118 Green Street, New Port Richey, FL, 34652 $325,000 4 2 2,025 2,025 SqFt
5615 Van Doren Avenue, New Port Richey, FL, 34652 $249,000 3 3 1,488 1,488 SqFt
5045 Green Key Road, New Port Richey, FL, 34652 $299,000 2 2 1,205 1,205 SqFt
4954 Bitner Street, New Port Richey, FL, 34652 $3,186,000 53 40 801 801 SqFt
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ByOwner last updated this listing 06/28/2026 @ 06:20

MLS: MFRMLS #TB8484287 LISTED BY: Tara Cline, COASTAL LUXURY REALTY 727-742-3678 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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