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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.
Property Type(s):
Multi Family
| Last Updated | 6/14/2026 | Year Built | 1984 |
|---|---|---|---|
| Community | 1B - Kenai Peninsula Borough | County | Kenai Peninsula Borough |
SCHOOLS
| Elementary School | Paul Banks/Homer |
|---|---|
| Jr. High School | Homer |
| High School | Homer |
Additional Details
| APPLIANCES | Washer/Dryer |
|---|---|
| AREA | 1B - Kenai Peninsula Borough |
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Kerosene, Oil |
| LOT | 9148 sq ft |
| LOT DESCRIPTION | Gentle Sloping, Level, Sloped |
| LOT DIMENSIONS | 9147.6 |
| PARKING | None |
| SEWER | Public Sewer |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
Listing Office: Berkshire Hathaway HomeServices Alaska 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.
Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved
This IDX solution is (c) Diverse Solutions 2026.
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