$850,000
Homer, AK 99603
MLS# 26-7105
8 beds | 4 baths | 3584 sqft

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Property 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.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 850000
Date-Listing: 2026-06-14
Status: Active
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 4
Bathrooms Total: 4
Bldgs-Ttl #: 1
Acres: 0.21
SF-Lot: 9147.6
Lot Area Source: Tax Authority
Zoning: RR - Rural Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 8
Beds: 8
Year Built: 1984
SF-Res: 3584
Number of Units: 4
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: Pioneer Vistas #3 Amended L1
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Directions and Remarks
Directions: Pioneer Ave to Svedlund St. Up one block to left on E. Fairview, building on the left.
Multi-Family Type
Quadruplex: 1
To Show
ShowingTime: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Exterior Finish
Wood: 1
Heating
Kerosene: 1
Oil: 1
Topography
Level: 1
Sloping: 1
Roof Type
Asphalt: 1
Composition: 1
Shingle: 1
Construction Type
Wood Frame: 1
Foundation Type
Poured Concrete: 1
View Type
Mountains: 1
Partial: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Laminate: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Paved: 1
Maintained: 1
Features-MultiFamily
Covenants: 1
In City Limits: 1
Smoke Detector(s): 1
Washer/Dryer: 1
Washer/Dryer HkUp: 1
Unit #1
Bath - Full: 1
Bedroom: 2
Utility Room: 1
Parking Spaces: 2
Unit #2
Bath - Full: 2
Bedroom: 2
Kitchen: 1
Living Room: 1
Utility Room: 1
Parking Spaces: 2
Unit #3
Bath - Full: 1
Bedroom: 2
Kitchen: 1
Living Room: 1
Utility Room: 1
Parking Spaces: 2
Unit #4
Bedroom: 2
Kitchen: 1
Living Room: 1
Utility Room: 1
Parking Spaces: 2
Location Tax and Legal
Area: 490 - Homer
Street #: 335
Directional: E
Street Name: Fairview
Arterial: Avenue
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Multi-Family Type: Quadruplex
Exterior Finish: Wood
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Poured Concrete
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Kerosene; Oil
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
View Type: Mountains; Partial
Topography: Level; Sloping
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Covenants; In City Limits; Smoke Detector(s); Washer/Dryer; Washer/Dryer HkUp
Flooring: Laminate
To Show: ShowingTime
Listing Terms Financing: Cash; Conventional
Supplements
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.
IDX
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: June - 15 - 2026
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.
Property Profile