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5117 Mallett Drive, Port Richey, FL 34668

Local realty services provided by:CENTURY 21 Affiliates
5117 Mallett Drive,Port Richey, FL 34668
$429,900
Virtual Tour
  • - Beds
  • - Baths
  • 1,928 sq. ft.
  • Multi-family
  • Active
Listed by: wendy hoffmann
Office: era american suncoast realty
MLS#:846161
Source:FL_CMLS

Price summary

  • Price:$429,900
  • Price per sq. ft.:$201.64

About this home

Great Investment Opportunity! INSTANT INCOME! 2 UNITS RENTED, FURNISHED STUDIO IS AVAILABLE! - Currently bringing in $37,200K annually in rent for 2 of the units! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing with 50% down! The first floor (Unit 1) features 3BR/2BA with an updated kitchen & stylish bathrooms, great for long-term tenants. Unit 2: is a charming furnished studio/kitchenette with a separate entrance, great for short-term rental, a guest or owner’s suite. Include it with Unit 1 or Unit 2 to make it an In-Law Suite! - UNIT 1 IS CURRENTLY RENTED OUT! The second floor, (Unit 3) is a nice 1BR/1BA with a kitchen, living room & screened porch, AND already has a paying tenant in place! Enjoy quiet evenings by the firepit on this dead end road with a wooded view. The interior & exterior have been nicely updated: granite counters, stainless steel appliances, luxury vinyl & tile flooring, tile

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Home facts

  • Year built:1968
  • Listing ID #:846161
  • Added:203 day(s) ago
  • Updated:January 29, 2026 at 04:10 PM

Rooms and interior

  • Living area:1,928 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Multiple Heating Units

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1968
  • Building area:1,928 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$429,900
  • Price per sq. ft.:$201.64
  • Tax amount:$4,714 (2024)
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the MLS, and Copyright 2026 Cheyenne MLS.

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