513 Peninsula Avenue, Kenai, AK 99611 (MLS# 24-13148)
$299,000
Kenai, AK 99611
MLS# 24-13148
2 beds | 2 baths | 1680 sqft
1 / 38
Property Description
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.
Details
Contract Info
Price-List: 299000
Date-Listing: 2024-10-15
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 305 - Kenai
Street #: 513
Street Name: Peninsula
Arterial: Avenue
Closest USPS Town: Kenai
State: AK
Zip Code: 99611
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 2
Bathrooms Full: 2
Bathrooms Total: 2
Bldgs-Ttl #: 1
Year Built: 1977
SF-Res: 1680
Number of Units: 2
SF-Lot: 8712
Acres: 0.2
Prkg Spcs: 4
Lot Area Source: Tax Authority
Zoning: UNK - Unknown
Directions and Remarks
Directions: Off kenai spur; corner off Peninsula Ave & Willow.
Waterfront Details
Waterfront Name: Kenai River
Property Features
Multi-Family Type: Duplex
Exterior Finish: Wood
Roof Type: Built-Up; Rolled/Hot Mop
Foundation Type: Slab
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Dedicated Road; Government; Maintained
View Type: Inlet; Mountains; River; Unobstructed
Topography: Bluff
Wtrfrnt-Frontage: River
Wtrfrnt-Access Near: River
Features-MultiFamily: CO Detector(s); In City Limits; Laundry Facility; Smoke Detector(s); Tenant Storage; Paved Driveway
Flooring: Ceramic; Luxury Vinyl
Supplements
Information from Seller:
Currently insured with a major insurance company at $327,000 as rental income property. Insurance premium is about $1,700 annually.
Had been occupied by the same tenants last 3 years and they would like to stay. Both very on time with rent and on month to month but wish to sign leases with new owner. Current rental income is about $30,000 per year.
Would trade for property from Homer to Nilnilchik area up or down.
$299,000 or best. Possible trade for south Peninsula property or high dollar fishing boat.
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: April - 15 - 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.