$4,750 Closing Credit¹
#W7874057, Bob Werner, Listing Office: BOB WERNER HOMES
$475,000 List price
5800 Madison St New Port Richey, FL 34652
$5,641
Closing credit¹
4 beds
2 baths
1,600 sqft
0.2 acres
$297 / sqft
Multi-Family
Property details
About 5800 Madison St
DUPLEX – Prime Location Near Downtown New Port Richey! This charming 4-bedroom, 2-bathroom duplex with a garage is just a short walk from the highly desirable Downtown New Port Richey. Whether you're looking for an investment property or a place to call home while earning rental income, this is a fantastic opportunity. The property features a brand-new roof installed in May 2024 and updated wall units within the last two years. It has never experienced flooding or storm damage, providing peace of mind for homeowners and investors alike. Both units have identical side-by-side layouts and separate electric meters, ensuring convenience for tenants. The home sits on a spacious corner lot with private driveways for each unit, offering added privacy and accessibility. A garage with newer doors provides extra storage space. One unit has been updated with newer appliances, while the other is currently occupied by a long-term tenant whose lease is up for renewal in August. With its prime location and strong rental potential, this income-generating property won’t last long.
Highlights
Home typeDuplex
HeatingRadiant Ceiling
StatusActive
CoolingWall/Window Unit(s)
Size1,600 sqft
Lot size0.17 Acres
Year built1969
ParkingDriveway, Garage Door Opener
MLS #W7873987
Attached garage1 space
Virtual tour
Summary
- Appliances: Electric Water Heater, Range, Refrigerator
- Flooring Type: Tile
- Interior: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Private Pool: No
- Parking: Driveway, Garage Door Opener
- Exterior: Sidewalk
- Heating: Radiant Ceiling
- Cooling: Wall/Window Unit(s)
- List Price: $475,000
- Price/SqFt: $296
- HOA Amount: $0
- Annual Tax Amount: $2,974
- Tax Year: 2023
- Lot: Corner Lot, City Lot, Near Public Transit, Sidewalk, Paved
- Directions: Main Street to Madison turn South (R) property is on the East Corner of Georgia and Madison
- Year Built: 1969
- Living Area: 1,600 SqFt
- Lot Size: 0.17 Acres
- MLS Number: W7873987
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER FIGREY&SONRES
- Office Phone: (727) 495-2424
- Listing Agent: Gena Taylor
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$475,000
5800 Madison St
$5,641
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $158,750 | $2,974 |
| 2022 | $122,593 | $2,490 |
| 2021 | $101,253 | $2,267 |
| 2019 | $61,170 | $2,006 |
| 2018 | $55,611 | $1,882 |
| 2017 | $61,347 | $1,671 |
History based on county public records data.
Nearby schools
1
Richey Elementary School
Public District KG-5
1.0 mi
•6850 Adams St
4
James M. Marlowe Elementary School
Public District PK-5
1.0 mi
•5642 Cecelia Dr
2
Cotee River Elementary School
Public District KG-5
1.6 mi
•7515 Plathe Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,221. The majority of New Port Richey, FL residents have income less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
49%
<35k
42%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
18%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Extreme Sports
Where do the neighbors shop?
Family Dollar
Big Lots
Sam's Club
Where do the neighbors go to eat?
White Castle
Golden Corral
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Kia
Oldsmobile
What do the neighbors listen to?
Rock
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
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This home is located at 5800 Madison St in New Port Richey, FL and zip code 34653 in the East Madison neighborhood. This 1,600 square foot home, which was built in 1969, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $475,000.
In May 2025 more than 27 listings in New Port Richey, FL were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 116 were sold below. Between April and May 2025, New Port Richey, FL real estate market has seen increase in the number of listings by 2.5%. In May 2025, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $287,680.
From Rocket Homes Real Estate and based on county public records data.