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$295,000

7116/7120 Oakwood Dr New Port Richey, FL 34652

4 beds
2 baths
1,650 sqft
0.2 acres
$179 / sqft
Multi-Family

Property details

About 7116/7120 Oakwood Dr

Welcome to your Gulf Coast Estates investment! Turnkey and cash-flow ready. this updated duplex offers an exceptional opportunity for investors or house-hackers seeking a low-maintenance, income-generating asset. Each side features 2 bedrooms and 1 bathroom, with both units showcasing tasteful renovations including new soft-close cabinets, granite countertops, fresh interior paint, updated baseboards, new vanities, and newer A/C systems that have been brought up to current code standards. This property was previously impacted by flooding but has since been fully remediated and permitted, with the seller limiting repairs to just 17% of the property’s value. The units were most recently listed at $1,400 per month and received multiple applications, demonstrating strong rental demand. Tenants pay all utilities, and the owner has had minimal ongoing expenses beyond standard holding costs. With updated systems, low maintenance, and solid cash flow potential, don't miss out on this amazing income-generating investment opportunity!

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,650 sqft
Lot size0.16 Acres
Year built1981
MLS #TB8392451
ViewTrees/Woods

Virtual tour

Summary

  • Flooring Type: Tile
  • Interior: Other, Solid Surface Counters
  • Total Bedroom Count: 4
  • Private Pool: No
  • View: Trees/Woods
  • Exterior: Other, Sliding Doors
  • Heating: Central, Electric
  • Cooling: Central Air
  • List Price: $295,000
  • Price/SqFt: $178
  • HOA Amount: $0
  • Lot: City Lot
  • Directions: Off of Hwy 19 N, turn on to Avery Road and then take a left on Oakwood Drive. The property will be on your left.
  • Year Built: 1981
  • Living Area: 1,650 SqFt
  • Lot Size: 0.16 Acres
  • MLS Number: TB8392451
  • MLS Name: MFRMLS
  • Office Name: KELLER WILLIAMS ST PETE REALTY
  • Office Phone: (727) 894-1600
  • Listing Agent: Monica Crawford

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX 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: 7/18/2025, 6:34:45 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

1

Richey Elementary School

Public District KG-5

0.8 mi

6850 Adams St

4

James M. Marlowe Elementary School

Public District PK-5

2.1 mi

5642 Cecelia Dr

2

Calusa Elementary School

Public District KG-5

2.7 mi

7520 Orchid Lake Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,636. The majority of New Port Richey, FL residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

54%
<35k
38%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

56%
Single, No Kids
15%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
46%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • BurlingtonBurlington
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7116/7120 Oakwood Dr

The listing price of 7116/7120 Oakwood Dr property is $295,000.

The property 7116/7120 Oakwood Dr is a multi located in New Port Richey, Florida, 34652.

Active Listing: 7116/7120 Oakwood Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7116/7120 Oakwood Dr are: Richey Elementary School (GreatSchools Rating 1/10), James M. Marlowe Elementary School (GreatSchools Rating 4/10), Calusa Elementary School (GreatSchools Rating 2/10), Gulf Middle School (GreatSchools Rating 2/10), Chasco Middle School (GreatSchools Rating 3/10), Athenian Academy of Technology and the Arts (GreatSchools Rating 9/10), Schwettman Education Center (GreatSchools Rating 1/10), Gulf High School (GreatSchools Rating 3/10), Wendell Krinn Technical High School (GreatSchools Rating 8/10).

The property 7116/7120 Oakwood Dr is 1,650 SqFt (source: MLS/tax record).

The year of construction for 7116/7120 Oakwood Dr is 1981.

This home is located at 7116/7120 Oakwood Dr in New Port Richey, FL and zip code 34652 in the Northwest New Port Richey neighborhood. This 1,650 square foot home, which was built in 1981, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $295,000.

In June 2025 more than 28 listings in New Port Richey, FL were sold above the asking price. During the same period more than 39 listings were sold at asking price, while more than 118 were sold below. The number of homes for sale in New Port Richey, FL increased by 1.9% between May and June 2025. In June 2025 median list price was $282,750 and the average listing age was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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