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Five detached rental cabins on just over an acre present a unique acquisition opportunity with established cash flow, flexible tenancy structure, and long-term investment appeal. The property consists of four 480 sq ft 1-bedroom, 3/4 bath cabins plus one newer 580 sq ft 2-bedroom, 3/4 bath cabin. Two cabins were constructed in 1993, two in 2006, and the 2-bedroom cabin was added in 2016, offering a desirable blend of established occupancy history with newer improvements. Each cabin features its own private deck, individual storage unit, and approximately three dedicated parking spaces. The well-spaced cabin layout creates separation and privacy between units, helping distinguish this property from more typical higher-density rental configurations. Current gross annual income is approximately $65,100 with reported operating expenses of approximately $9,457.19, resulting in an attractive expense ratio of approximately 14.5%. All tenants are currently on month-to-month rental agreements, providing a new owner flexibility for future rent adjustments, occupancy planning, or potential operational changes. Detached multi-cabin investment properties with established income history and flexible tenancy structures remain an increasingly limited asset class in today's market, making this an exceptional opportunity for investors seeking stable long-term income, workforce housing demand, or future upside potential.
Property Type(s):
Multi Family
| Last Updated | 5/8/2026 | Year Built | 2003 |
|---|---|---|---|
| Community | 1B - Kenai Peninsula Borough |
SCHOOLS
| Elementary School | K-Beach |
|---|---|
| Jr. High School | Skyview |
| High School | Soldotna |
Additional Details
| AREA | 1B - Kenai Peninsula Borough |
|---|---|
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Baseboard |
| LOT | 1.02 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 1.0 |
| PARKING | None |
| SEWER | Septic Tank |
| TAXES | 3131.28 |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Well |
Listing Office: LPT Realty
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 Petersburg Properties LLC are marked with either the listing brokerage’s logo or 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.
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This IDX solution is (c) Diverse Solutions 2026.
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