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$615,000   Price Analysis
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122 W Fairview Ave
Homer, AK 99603
6 bed 5 bath 3,270 SqFt ($188/SqFt)
0.28 acre lot. Built 1970
Listed 2023-11-09, Taxes $2,877
USDA Eligible
near Homer, AK
 Restrictions may apply
due to home size

Great Income Opportunity - Own Your Very Own Fourplex!

Don't miss out on this impressive chance to invest in a prime real estate gem. Own a fourplex that offers a fantastic income potential, right in the heart of town. This is the perfect opportunity for investors and aspiring landlords. Laundry available in Main upstairs unit. 72 HR notice for showings. Property Highlights: Conveniently located, offering a attractive view and close proximity to town amenities. Within close distance to shops, restaurants and entertainment hubs, ensuring high tenant demand. Four units, each providing excellent rental income opportun ities. Parking available for tenants. Whether you're a seasoned investor or starting your real estate journey, this fourplex is an exceptional opportunity. Start generating passive income and build long-term wealth with this remarkable income-generating property. Unit A-$1, 500 per month Unit B-$1, 200 per month Unit C-$2, 000 per month Unit D-$850 Per month Don't wait!

Act now and secure your financial future with your own fourplex. Do not disturb tennts.


Presented by Hina Kalugin at
Berkshire Hathaway HomeServices Alaska Realty.
Listing Agent Photo

Property MLS #23-13433 from AlaskaMLS

Bedrooms: 6

Total Bathrooms: 4.75
Full Bathrooms: 4
3/4 Bathrooms: 1

Flooring: Luxury Vinyl Plank, Laminate, Linoleum, Carpet

Lot Description: Level
Lot Size Acres: 0.28
Lot Size Source: Tax Authority
Lot Size Square Feet: 12197

Road Surface Type: Paved, Maintained

Open Parking Spaces: 6

View: Bay, City Lights, Glacier, Inlet, Mountains
Security Features: Smoke Detector(s)

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-3: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 2
Full Bathrooms in Unit-4: 1

Elementary School: Paul Banks/Homer
High School: Homer
Middle School: Homer

Homer Middle School is a public middle school located approximately 0.6 miles away.
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Homer High School is a public high school located approximately 0.6 miles away.
directions icon Map directions

West Homer Elementary School is a public elementary school located approximately 0.9 miles away.
directions icon Map directions

Source Listing Status: Active
Directions: From Homer Turn onto Main St, Turn Left on to West Fairview Ave. Blue Building to the right. Sign Posted.
Source Property Type: Multi-Family
Area: 1B - Kenai Peninsula Borough
MLS Area Minor: 490 - Homer
Source Neighborhood: 1B - Kenai Peninsula Borough
Parcel Number: 17506315
Zoning: RO - Residential Office
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$214,100 + $41,900
$256,000
$2,877
2021$200,700 + $40,700
$241,400
$2,761
2020$191,300 + $40,300
$231,600
$2,649
2019$194,600 + $40,300
$234,900
$2,701
2018$194,600 + $39,800
$234,400
$2,695
2017$193,600 + $38,800
$232,400
$2,626
2016$150,200 + $43,300
$193,500
$2,186
2015$141,900 + $43,300
$185,200
$2,092
2014$156,700 + $43,300
$200,000
$2,260
2013$169,900 + $43,300
$213,200
$2,409
2012$172,200 + $43,300
$215,500
$2,435
2011$164,000 + $35,200
$199,200
$2,250
2009$186,000 + $35,200
$221,200
$2,499
2007$84,200 + $25,700
$109,900
$1,318
2007$84,200 + $33,400
$117,600
$1,318

Listed 2023-11-09
$615,000
AlaskaMLS

Total Square Feet Living: 3270
Year Built: 1970
Building Area Total: 3270
Building Exterior Type: Wood Frame
Construction Materials: Wood Frame
Foundation Details: Poured Concrete
Property Age: 54
Roof: Metal
Total Area Sqft: 3270

Sewer: Public Sewer
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.