Description
Exceptional investment opportunity in the heart of Homer! This beautifully maintained and extensively updated 4-plex offers strong rental appeal with four spacious 2-bedroom, 1-bath units. Each unit includes the convenience of its own washer and dryer, making this property highly desirable for long-term tenants. All four units were thoughtfully updated in 2023, offering modern finishes and enhanced rental appeal. Additional property improvements include a new roof and exterior paint in 2015, natural gas conversion, on-demand hot water systems, and updated flooring in the lower unit. These upgrades provide peace of mind and help minimize future maintenance expenses. Situated in a desirable neighborhood, the property offers ample parking, a generous yard with partial fencing along one side, and convenient access to downtown Homer, schools, shopping, dining, and the extensive local trail system. Whether you're looking to expand your investment portfolio, secure a reliable income-producing property, or explore an owner-occupancy opportunity, this turn-key multi-family property checks all the boxes. With strong rental appeal, numerous capital improvements, and a prime in-town location, this is an opportunity you won't want to miss. Schedule your private showing today and discover the value of this updated Homer 4-plex.
Details
| MLS # | 26-7105 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 72 |
| Listing Provided By | Berkshire Hathaway HomeServices Alaska Realty | Gina Pelaia |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,584 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | RR - Rural Residential |
| Acreage | 0.21 |
| Property View | Mountain(s), Partial |
Interior
| Heating | Kerosene, Oil |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Asphalt, Composition, Shingle |
|---|---|
| Security Features | Smoke Detector(s) |
| Lot Features | Level, Gentle Sloping |
| Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp Near | None |
| Construction Materials | Wood Frame |
| Foundation Details | Poured Concrete |
| Exterior Sp Finish Co Exterior Sp Finish | Wood |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | None |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Road Surface Type | Paved, Maintained |
|---|---|
| Frontage Type | None |
Taxes
| Tax Map Number | N/A |
|---|---|
| Tax Legal Description | Pioneer Vistas #3 Amended L1 |
Area Information
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Homer |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in 99603) | |
Price: $850,000 low | high Med: $619,000 sqft: 3,584 low | high Med: 1,200 $ / sqft: $237 low | high Med: $516 On site: 72 low | high Med: 98 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Homer |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in 99603) | |
Price: $850,000 low | high Med: $619,000 sqft: 3,584 low | high Med: 1,200 $ / sqft: $237 low | high Med: $516 On site: 72 low | high Med: 98 | |
