$765,000
2503 Cedar Street
Seward, AK 99664
MLS# 25-6456
Status: Closed
6 beds  |  6 baths  |  3653 sqft


2503 Cedar
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2503 Cedar Exterior Front Back Exterior Backyard and Deck Backyard and Deck Detached Garage Entrance to Main Unit Living Room Main Unit Living Room Main Unit Main Unit Living and Dining Room Dining Room Main Unit Dining Bar and Kitchen Kitchen - 3Bed Unit Kitchen - 3Bed Unit Kitchen - 3Bed Unit Full Bath - 3Bed Unit Full Bath - 3Bed Unit Full Bath - 3Bed Unit Bedroom 1 - 3Bed Unit Bedroom 1 - 3Bed Unit Bedroom 2 - 3Bed Unit Bedroom 3 - 3Bed Unit Door by TV accesses kitchen of 3Bed unit. Can be locked or connect. Livin Room - 1Bed Unit Half Bath - 1 Bed Unit Bedroom - 1Bed Unit Full Bath - 1Bed Unit Full Bath - 1Bed Unit Full Bath - 1Bed Unit Laundry Room - 1Bed Unit Kitchen - 1Bed Unit Kitchen - 1Bed Unit Kitchen - 1Bed Unit Kitchen - 1Bed Unit Kitchen - 1Bed Unit 2Bed Unit - Second Floor Living Room - 2Bed Unit Living Room - 2Bed Unit Updated Kitchen - 2Bed Unit Living Room - 2Bed Unit Living Room - 2Bed Unit Bedroom 1 - 2Bed Unit Full En Suite Bath - 2Bed Unit Full En Suite Bath - 2Bed Uni Attached en suite full bathroom

Property Description
Gorgeous & Spacious Multi-Unit Property with Income Potential! Located on a large corner lot, this well-maintained three-unit property offers flexibility, comfort, and opportunity. With a history of long-term tenants, executive housing, and use as an owner-occupied B&B, there are a variety of possibilities. An attached 3-bay garage and detached 1-car garage offer even more storage options...

Details
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 765000
Date-Listing: 2025-05-30
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Forest Acres LAJ
School-Elementary: Seward
School-Middle: Seward
School-High: Seward
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 1
Bathrooms Three Quarter: 1
Bathrooms Full: 4
Bathrooms Total: 6
Bldgs-Ttl #: 1
Acres: 0.79
SF-Lot: 34412.4
Lot Area Source: Tax Authority
Year Remodeled: 2008
Year Updated: 2019
Zoning: RR - Rural Residential
Garage Spaces: 4
Carport Spaces: 0
Prkg Spcs: 10
Energy Rating: 4+
Beds: 6
Year Built: 1955
SF-Res: 3653
Number of Units: 3
Directions and Remarks
Directions: From Seward Hwy. driving North, turn LEFT onto Hemlock Ave., turn RIGHT onto Dimond Blvd., take a slight LEFT onto Ash St., turn RIGHT onto Cedar St. 2503 Cedar is the first home on the Left.
Multi-Family Type
Side by Side: 1
Tri-Plex: 1
Green Verification
Body: AHFC
Metric: 84.3
Rating: 4 Star Plus
Source: Arctic Energy Systems
Type: Post Improvement AkWarm Rating
Version: v2.0.6.1 (Library 09/05/2009)
Building Info
Units-# of 1 BR: 1
Units- # of 2 BR: 1
Units-# of 3 BR: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Vinyl: 1
Heating
Baseboard: 1
Oil: 1
Radiant Floor: 1
See Remarks: 1
Topography
Level: 1
Roof Type
Metal: 1
Construction Type
Block: 1
Wood Frame - 2x6: 1
Foundation Type
Block: 1
Poured Concrete: 1
View Type
Mountains: 1
Partial: 1
Wtrfrnt-Access Near
None: 1
Garage Type
Attached: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Hardwood: 1
Laminate: 1
Ceramic: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Gravel: 1
Paved: 1
Maintained: 1
Features-MultiFamily
CO Detector(s): 1
DSL-Cable Available: 1
In City Limits: 1
Shed: 1
Smoke Detector(s): 1
Vaulted Ceiling(s): 1
Washer/Dryer: 1
Washer/Dryer HkUp: 1
RV Parking: 1
Docs Avl for Review
As-Built: 1
Docs Posted on MLS: 1
Prop Discl Available: 1
Sold Info
Date-Pending: 2025-08-25
Date-Closing: 2025-11-07
Location Tax and Legal
Area: 365 - Seward - Cooper Landing
Street #: 2503
Street Name: Cedar
Arterial: Street
Closest USPS Town: Seward
State: AK
Zip Code: 99664
Property Features
Multi-Family Type: Side by Side; Tri-Plex
Exterior Finish: Vinyl
Roof Type: Metal
Foundation Type: Block; Poured Concrete
Construction Type: Block; Wood Frame - 2x6
Garage Type: Attached
Carport Type: None
Heating: Baseboard; Oil; Radiant Floor; See Remarks
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Gravel; Paved; Maintained
View Type: Mountains; Partial
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Shed; Smoke Detector(s); Vaulted Ceiling(s); Washer/Dryer; Washer/Dryer HkUp; RV Parking
Flooring: Carpet; Hardwood; Laminate; Ceramic
Docs Avl for Review: As-Built; Docs Posted on MLS; Prop Discl Available
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Supplements
Unit 1: 3 bed/1 bath - 1647sf Unit 2: 1 bed/1.5 bath (can be connected to Unit 1) - 918sf Unit 3 (above garage): 2 bed/2 bath - 1088sf The main home features 3 bedrooms, 1 full bathroom, and large kitchen and living space. It connects to the 1-bedroom, 1-bath unit, making it ideal for a large primary suite, guest quarters, or kept separate for long-term rental or B&B rental if occupying main house. New heat pumps have been installed in the 1-bed unit and bedrooms of the 3-bed unit for efficient heating and cooling. Above the attached three-bay garage is a bright 2-bedroom, 2-bath apartment. Each bedroom has its own en suite full bathroom connecting to the bedroom. This upper-level unit enjoys natural light and has potential for a private deck overlooking the fenced backyard. Large attached garage includes washer and dryer, utility sink, and 3/4 bathroom with shower, toilet, and sink. Another finished back room in the garage is perfect for a hobby room, office, or storage. A second, detached 1-car garage sits on the South end of the property for even more storage. Toilet in detached garage, but has not been used during ownership and may not function. Two large driveways allow for plenty of parking. This large property has a variety of options for living in one unit and renting the others out, or keeping all 3 for rental income. All units have had updated market rents for current month-to-month tenants making a stronger investment property or flexible owner-occupant opportunity.

IDX
Listing Office: Seward Properties

Last Updated: November - 07 - 2025

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.