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Kenai Peninsula Borough AK Multifamily Homes & Duplexes for Sale

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  • /38

    $299,000

    • 2 Beds
    • 2 Baths
    • 1,680 Sq Ft

    513 Peninsula Ave, Kenai, AK 99611

    WATERFRONT DUPLEX WITH KENAI RIVER & COOK INLET VIEWS!Rare investment opportunity! This well-maintained duplex boasts breathtaking views of both the Kenai River and Cook Inlet. Each unit offers comfortable living with easy access to world-class fishing and outdoor recreation. Proven performer with excellent rental history--ideal for investors or owner-occupants looking to offset costs.Information

    Agent Photo

    Gina Pelaia

    Berkshire Hathaway HomeServices Alaska Realty

    (888) 451-1674

    513 Peninsula Ave, Kenai, AK 99611
  • /28

    $482,000

    • 4 Beds
    • 2 Baths
    • 2,062 Sq Ft

    3698 Poppy Cir, Homer, AK 99603

    Side-by-side duplex, ready for new owners! This ranch style duplex offers 2 BR / 1 BA per side, with west facing sunrooms on each for warm afternoon sun. Both units are on city water & sewer and each side has it's own driveway and separate electric, oil tanks, & water meters. Live in one and rent out the other! Storage sheds on-site are included in sale.

    Carrie Parvin Keller Williams Realty Alaska Group of Wasilla

    3698 Poppy Cir, Homer, AK 99603
  • /49

    $990,000

    • 6 Beds
    • 4 Baths
    • 4,803 Sq Ft

    31044 Exit Ave, Soldotna, AK 99669

    Welcome to this spacious duplex with incredible views of the mountains, ocean & even Denali on a clear day. The main unit spans the upper & main floors, featuring 4 generous bedrooms +an office & 3 bathrooms. 2 of the bedrooms offer direct access to a private deck where the view is breathtaking. This unit also boasts vaulted ceilings, a cozy gas fireplace, solid wood flooring & storage galore.The

    Tiffany Coleman Century 21 Realty Solutions Freedom Branch

    31044 Exit Ave, Soldotna, AK 99669
  • /85

    $1,300,000

    • 8 Beds
    • 6 Baths
    • 8,600 Sq Ft

    65265 Knob Hill Rd, Anchor Point, AK 99556

    Extraordinary home with over 20 acres and endless possibilities! Are you looking for a large home with panoramic views, a multi family rental with many different ways to establish, (including possible employee housing or multi-generational living), a potential venue providing on top of the world weddings, an Alaskan Villa for you and your friends, or an Airbnb? There are also morepossible

    McKinzie Needham Coastal Realty

    65265 Knob Hill Rd, Anchor Point, AK 99556
  • /66

    $875,000

    • 6 Beds
    • 3.5 Baths
    • 4,356 Sq Ft

    855 Soundview Ave, Homer, AK 99603

    Don't scroll past this one! This spacious 4356 sq ft home offers the perfect blend of living space and income potential. Located in town, just minutes from Homer Spit and the hospital, this property combines convenience and stunning views.The first floor features an open living area with a cozy wood stove. The living room, kitchen, dining area, and a breakfast nook flow seamlessly together,

    Becky Turkington Kachemak Keller Williams Realty Alaska Group

    855 Soundview Ave, Homer, AK 99603
  • /51

    $2,290,000

    • 10 Beds
    • 7 Baths
    • 5,324 Sq Ft

    34575 Keystone Dr, Soldotna, AK 99669

    Kenai River plus Creek frontage welcomes you to this incredible mix of personal luxury living or opportunity to own one of the premier lodges on the river. 4 separate living structures only 5 minutes from Soldotna ''Y'' & Fred Meyer. Perfect for lodge operation, work retreats, large groups or personal year round living. Almost 800' of aluminum decking and even a bridge across Moose Creek.The main

    Fred Braun Jack White Real Estate Kenai

    34575 Keystone Dr, Soldotna, AK 99669
  • /30

    $759,500

    • 4 Beds
    • 4 Baths
    • 3,438 Sq Ft

    32945 Melanie Ln, Seward, AK 99664

    Step into your own piece of the forest! This custom built 4 bed, 4 bath home has been meticulously cared for. Lots of space in both the main home, attached mother-in-law apartment, and on 1.9 acres. Main living area off the dining area, two bonus rooms, and a room off the entryway for all your outdoor adventure gear! MIL is 1 bed, 1 bath & has a seperate entrance. Live in one & rent the other.

    Jessie Huett Seward Real Estate Company

    32945 Melanie Ln, Seward, AK 99664
  • /71

    $385,000

    • 7 Beds
    • 2.5 Baths
    • 1,904 Sq Ft

    64912 Nikolaevsk Rd, Nikolaevsk, AK 99556

    Step into a world of endless possibilities with this exceptional multifamily property! Set on nearly 2 acres, with room to grow! A fully-equipped main house, and rental unit on the property, ready to start generating income right away! Whether you're looking to expand your real estate portfolio, create a multi-generational living space, or find a property that works for both home and investment,

    Hionia Kalugin Berkshire Hathaway HomeServices Alaska Realty

    64912 Nikolaevsk Rd, Nikolaevsk, AK 99556
  • /43

    $1,299,000

    • 6 Beds
    • 3 Baths
    • 4,796 Sq Ft

    55203 Bonnie Ave, Homer, AK 99603

    Discover the ultimate in multifamily living on the East End of Homer, Alaska! This exceptional 4,796 SF property features Two living units, offering breathtaking panoramic views of the bay from every angle. With unobstructed vistas and access to borough-maintained roads, your new retreat is just a step away. A dramatic wall of windows on each floor insures stunning views all around!Upstairs has 2

    Hionia Kalugin Berkshire Hathaway HomeServices Alaska Realty

    55203 Bonnie Ave, Homer, AK 99603
  • /66

    $530,000

    • 7 Baths
    • 2,899 Sq Ft

    66445 Oil Well Rd, Ninilchik, AK 99639

    An incredible opportunity to transform ''Ninilchik Cabins and Cafe'' into your own Commercial Operation! 1,267 square foot Cafe PLUS 7 efficiency rental cabins and a laundry/storage build on 2 lots (1.94 acres)!! Currently, the cabins alone bring in a substantial NET profit as monthly rentals, while the cafe is ready to work for a baker, a chef's kitchen. Insurance replacement value

    Katie Uei EXP Realty, LLC

    66445 Oil Well Rd, Ninilchik, AK 99639
  • /43

    $549,900

    • 5 Beds
    • 3 Baths
    • 2,304 Sq Ft

    35376 Betty Lou Dr, Sterling, AK 99672

    Incredible Opportunity!! 4 unit investment property within walking distance of public fishing on the famed KENAI RIVER. 1-year round residence and 3 dry cabins that include a bath house and a 700 sq/ft community room. All built 2014+!! Home is 768 sq/ft, Granite counters, luxury flooring, in-floor heat. Sale to include furnished units, currently used as VRBO with summer reservations.

    Mark Kottke Mossy Oak Properties of Alaska - Soldotna

    35376 Betty Lou Dr, Sterling, AK 99672
  • /33

    $759,000

    • 3 Beds
    • 5 Baths
    • 3,365 Sq Ft

    41860 E Lake Ave, Soldotna, AK 99669

    LAKEFRONT LIVING! Alaskan log home on a small private lake off Mackey Lake Road. Within 5 minutes of Soldotna. Upstairs features a huge primary suite with it's own sauna. Downstairs there are two studio units with private entrances. Brand new decks, updated kitchen, and so much more. Sitting on 3.8 acres there is plenty of privacy and room to grow!

    Michelle Glaves Jack White Real Estate Soldotna

    41860 E Lake Ave, Soldotna, AK 99669
  • /24

    $1,585,000

    • 10 Beds
    • 8 Baths
    • 5,779 Sq Ft

    54532 Pheasant Ave, Homer, AK 99603

    Looking for an investment property with the idyllic Alaskan log homes? Four standalone private cabins that have been recently updated and remodeled. The perfect opportunity to get established and begin booking or renting before the busy season! Each unit has spectacular views of Kachemak Bay through giant windows, large decks for relaxing, & warm propane fireplaces & vaulted ceilings.The main

    Valerie Buss Kachemak Keller Williams Realty Alaska Group

    54532 Pheasant Ave, Homer, AK 99603
  • /74

    $1,299,000

    • 15 Beds
    • 12 Baths
    • 6,760 Sq Ft

    26867 Gebhardt Cir, Kasilof, AK 99610

    Better hurry and grab this one! Alaska Summer's Lodge, just under 10 ACRES! Your guests will book year after year and call this their dream destination! Main house is a 5-bedroom 4 bath, 2,760 SF of living space. Large shop with gorgeous newly remodeled separate living space sporting open concept great room/kitchen with 4 private bedrooms and 2 bathrooms. 6 top quality cabins, inviting fire pit!

    Carla Allen Alaska 1st Realty, Inc.

    26867 Gebhardt Cir, Kasilof, AK 99610
  • /121

    $1,450,000

    • 7 Beds
    • 2.5 Baths
    • 3,914 Sq Ft

    4530 Kachemak Dr, Homer, AK 99603

    Discover Homer's ultimate coastal retreat--a rare opportunity to own two successful Airbnb properties perched on a bluff with breathtaking panoramic views of Kachemak Bay, glaciers, and the rugged Alaskan coastline. This turnkey investment offers both luxury living and exceptional income potential.Located in the scenic beauty of Homer, Alaska, 4530 Kachemak Drive presents a unique investment

    Sarah Beller Sarah Beller Real Estate

    4530 Kachemak Dr, Homer, AK 99603
  • /20

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,728 Sq Ft

    39341 Hallelujah Dr, Soldotna, AK 99669

    Great investment opportunity!! 2 Buildings on 1.09 acres located in the heart of the Peninsula. Units have a great rental history. Open concept homes with beautiful tongue and groove woodwork throughout. Views of Longmere Lake and the mountains in the distance. 24 hr notice for showings.

    Mark Kottke Mossy Oak Properties of Alaska - Soldotna

    39341 Hallelujah Dr, Soldotna, AK 99669
  • /45

    $1,050,000

    • 1 Bed
    • 3 Baths
    • 2,102 Sq Ft

    13093 Hayden Berlin Rd, Seward, AK 99664

    This multifamily property is nestled in the forest of the quiet neighborhood of Lost Lake Subdivision. There are a total of three structures, referred to as: The main house, cabin 1 and Cabin 2Cabins 1 & 2 have mirroring floor plans with the kitchen, bathroom and living area on the main floor. Each cabin also has a very large, lofted bedroom that has tall ceilings.The main house has a master

    Ristine Casagranda Coastal Heritage Properties

    13093 Hayden Berlin Rd, Seward, AK 99664
  • /8

    $532,000

    • 4 Beds
    • 4 Baths
    • 1,872 Sq Ft

    4655 Edson Cir, Homer, AK 99603

    Duplex, 1872 sf, 936 sf per unit, 2 bedroom 2 bath, Large parking, city water and sewer, natural gas, Hea.

    Jared English Congress Realty, Inc

    4655 Edson Cir, Homer, AK 99603
  • /39

    $365,000

    • 4 Beds
    • 3 Baths
    • 3,196 Sq Ft

    47440 Top Gun St, Kenai, AK 99611

    Bring your skills. Unfinished triplex with up and down units, unfinished detached garage with apartment above. This triplex is the perfect chance to build equity.Duplex units each 1,260 sq ft.Detached garage 676 sq. ft. with 676 sq. ft apartment above.Don't miss out on this opportunity!! 1.44 acres.

    Glenda Feeken RE/MAX of The Peninsula

    47440 Top Gun St, Kenai, AK 99611
  • /32

    $369,000

    • 5 Beds
    • 2 Baths
    • 2,674 Sq Ft

    5743 Kenai Spur Hwy, Kenai, AK 99611

    Excellent opportunity with this duplex featuring two stand alone residences. Small home has one bedroom and 3/4 bath with established renter. Larger home is 3 bedrooms and 2 1/2 baths. With 240 feet of Kenai Spur frontage this property features an enclosed area that would be great for commercial or retail application. Separate garage/shop and plenty of room for expansion.

    Kurt Simeck Mossy Oak Properties of Alaska - Wasilla

    5743 Kenai Spur Hwy, Kenai, AK 99611
  • /31

    $799,000

    • 6 Beds
    • 2 Baths
    • 3,596 Sq Ft

    210 Brownell St, Seward, AK 99664

    This is the one you've been waiting for!! 2 story duplex, 1798 sqft per floor, grandfathered option to build another 2 story duplex. Tucked away, yet so close to the SeaLife center and all that Seward's coastal town has to offer. Zoned Urban residential on .29 acres, underground utilities, fully equipped units, etc. This is truly a turn-key opportunity, ready for the next entrepreneur.

    Lia Talvi Keller Williams Realty Alaska Group of Wasilla

    210 Brownell St, Seward, AK 99664
  • /29

    $799,000

    • 6 Beds
    • 2 Baths
    • 3,596 Sq Ft

    210 Brownell St, Seward, AK 99664

    This is the one you've been waiting for! 2 story duplex, 1798 sqft per floor, grandfathered option to build another 2 story duplex. Tucked away, yet so close to the SeaLife center and all that Seward's coastal town has to offer. Zoned Urban residential on .29 acres, underground utilities, fully equipped units, etc. This is truly a turn-key opportunity, ready for the next entrepreneur.

    Lia Talvi Keller Williams Realty Alaska Group of Wasilla

    210 Brownell St, Seward, AK 99664
  • /22

    $375,000

    • 10 Beds
    • 4 Baths
    • 3,584 Sq Ft

    2438 California Ave, Kenai, AK 99611

    Great Investment opportunity! This 4-plex features two spacious 3-bed, 1-bath units and two cozy 2-bed, 1-bath units. The property includes a shared common area, complete with coin-operated washer and dryer for added convenience. Enjoy outdoor space in the partially fenced yard, and benefit from a covered carport with storage for each unit!

    Preston Penrod Jack White Real Estate Soldotna

    2438 California Ave, Kenai, AK 99611
  • /20

    $950,000

    • 8 Beds
    • 1 Bath
    • 1,536 Sq Ft

    42781 Brenda Way, Soldotna, AK 99669

    One of a kind two story home with 2 bd. 2 ba. w/ attached 1400+ heated shop/garage that could be used as a caretakes home or live in yourself while you run the Air BnB for the 6 fully furnished cabins that are in this very private setting on 9.55 acres. Features include beautiful landscaping, firepit for guests to enjoy the solitude and the wildlife, plus the 7th cabin that is the

    Dorothy Cunningham EXP Realty, LLC

    42781 Brenda Way, Soldotna, AK 99669
  • /50

    $829,000

    • 8 Beds
    • 6 Baths
    • 4,744 Sq Ft

    41385 Ptarmigan Heights Dr, Homer, AK 99603

    Soak up beautiful Bay views from your front porch while you sip coffee and admire the landscaping. The main house with over 3,700 SF has 6 beds/4 baths and offers upstairs and downstairs levels with separate entrances and kitchens. Make it your large family home or home and income property. The detached guest cottage adds 1,000 SF with 2 beds/2 baths for additional family use or income.Enjoy the

    Zoe Story Story Real Estate

    41385 Ptarmigan Heights Dr, Homer, AK 99603
  • /38

    $499,000

    • 4 Beds
    • 1 Bath
    • 2,250 Sq Ft

    4431 Mariner Dr, Homer, AK 99603

    If you've been looking for property with income potential, this could be the one for you! Two homes located right in town with natural gas, city water/sewer, and right down the street from Calvin and Coyle Nature Trail! Enjoy the charm of the Main House and the newly remodeled Treehouse! Situated at the end of Mariner Drive, this property offers both tranquility and privacy!

    Jennifer Seymour Bay Realty

    4431 Mariner Dr, Homer, AK 99603
  • /50

    $999,000

    • 6 Beds
    • 6 Baths
    • 3,656 Sq Ft

    14823 Homestead Dr, Clam Gulch, AK 99568

    Nestled amidst breathtaking mountain views, this fully furnished property offers the perfect blend of comfort and luxury. The main home, spanning 1,416 square feet, features 2 spacious bedrooms, 2 bathrooms, a versatile bonus room/office, and a convenient laundry area. The heart of the home is a fully equipped kitchen, flowing seamlessly into a cozy dining and living room space.In addition to the

    Danielle Chihuly Mossy Oak Properties of Alaska - Soldotna

    14823 Homestead Dr, Clam Gulch, AK 99568
  • /64

    $799,000

    • 6 Beds
    • 4.5 Baths
    • 2,598 Sq Ft

    176 Mountain View Dr, Homer, AK 99603

    Income-Producing Triplex with Ocean and Mountain Views in Homer!This beautifully updated triplex is the perfect blend of comfort, convenience, and income potential. Situated in a prime location, it's within walking distance to the hospital, shopping, dining, and local amenities, making it an ideal rental property for tenants seeking accessibility and stunning surroundings.Property

    Sarah Beller Sarah Beller Real Estate

    176 Mountain View Dr, Homer, AK 99603
  • /27

    $388,888

    • 5 Beds
    • 4 Baths
    • 3,888 Sq Ft

    33681 Post Office Dr, Moose Pass, AK 99631

    This is a multi family listing that is located in the heart of Moose Pass where recreation and good times are right out your front door! There are 4 spacious units. See the details of the listing for more information. Property is being sold as-is.

    Ristine Casagranda Coastal Heritage Properties

    33681 Post Office Dr, Moose Pass, AK 99631
  • /23

    $320,000

    • 4 Beds
    • 2 Baths
    • 3,039 Sq Ft

    71850 Cape Ninilchik Ave, Anchor Point, AK 99556

    Nestled on a spacious 1.81-acre lot, this unique property offers two fully finished units and one unfinished unit with lots of potential. The finished units are move-in ready, the unfinished unit includes some building materials to kickstart your renovation journey. The property features a large gravel driveway with ample parking for vehicles, boats, and trailers. Each unit has its own...storage

    Marjorie Pellegrini Go North Realty

    71850 Cape Ninilchik Ave, Anchor Point, AK 99556
  • /39

    $899,000

    • 6 Beds
    • 3 Baths
    • 2,170 Sq Ft

    1105 Angler Dr, Kenai, AK 99611

    Exclusive Fishing Lodge! Enjoy Mountain & Creek views with exceptional Beaver Creek frontage that flows right into the famous Kenai River for world class fishing. Sellers are including $75K+ in furnishings and fixtures, 3 turnkey vacation rental units, and more!! Docs is well designed at 38 feet offering you the ability to tie up 7 boats!1105 Angler Drive property offers 3ct 2-bedroom/1 bath

    Katie Uei EXP Realty, LLC

    1105 Angler Dr, Kenai, AK 99611
  • /51

    $687,000

    • 12 Beds
    • 4 Baths
    • 6,512 Sq Ft

    106 E Bayview Ave, Homer, AK 99603

    Profitable Investment for the Enterprising Person 6512 SQFT Six Unit Multifamily For Sale in the Heart of Homer! Convenient Location Close to South Peninsula Hospital and Karen Hornaday Park! All 6 Units are Currently Rented with Long Term Tenants. Coin Operated Laundry, Natural Gas & Electric! Please Do Not Disturb Tenants Call for Appointment! Come See this Incredible Investment

    Debra Leisek Bay Realty

    106 E Bayview Ave, Homer, AK 99603
  • /18

    $420,000

    • 6 Beds
    • 6 Baths
    • 3,872 Sq Ft

    2905 Cook Inlet View Dr, Kenai, AK 99611

    Rare investment opportunity! Don't miss out on this Kenai 6-plex with gas & electric metered separately for each unit. Plus, ALL six one-bedroom units furnaces were replaced in 2023. Coin operated laundry facility onsite w/ 2 washers & dryers, low maintenance metal roof, close to the beach & shopping. Please do not disturb tenants and 24 hour notice is required for showings.

    Traci Hansen Jack White Real Estate Soldotna

    2905 Cook Inlet View Dr, Kenai, AK 99611
  • /65

    $1,400,000 New Construction

    • 10 Beds
    • 8 Baths
    • 4,628 Sq Ft

    1696 Sterling Hwy, Homer, AK 99603

    Discover an exceptional investment opportunity with these two newly constructed duplexes perched on Baycrest Hill, within the city limits of Homer. Each unit offers breathtaking views of the ocean, and the surrounding mountains, making this property as visually captivating as it is financially promising.All four units are metered separately and connected to public water, sewer, and natural gas,

    Sarah Beller Sarah Beller Real Estate

    1696 Sterling Hwy, Homer, AK 99603
  • /50

    $899,000 New Construction

    • 8 Beds
    • 4 Baths
    • 3,824 Sq Ft

    37255 Moser Rd, Soldotna, AK 99669

    Welcome to this stunning new construction 4-plex, built in 2021 and nestled in a prime location that offers both tranquility and convenience. Situated on 2.12 acres of land with ample room for further expansion, this property presents a rare opportunity for investors or homeowners seeking modern, spacious living spaces.This 4-plex is four separate homes, each featuring 2 bedrooms and 1 bathroom

    Tiffany Holly Century 21 Realty Solutions Freedom Branch

    37255 Moser Rd, Soldotna, AK 99669
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