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Five-Unit Multifamily Property
For Sale
$1,189,000

1350 Angler Drive, Kenai, AK 99611

Five condominium units are leased across a 1.71-acre property.

Property Size4,769 SF
Lot Size1.71 Acres
Price / SF$249.32
Days on Market177

Property Features for 1350 Angler Drive

General Information

Standard status Active
Size 4,769 SF
Lot size 1.71 Acres
Property subtype Commercial
Zoning UNK - Unknown
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 5

Additional Details

Tenant in Place Yes

Building Details

Building Size 4,769 SF
Year Built 2000
Buildings 3
Listing Agency: Century 21 Realty Solutions Freedom Branch
Listed By: Mallory L Musgrove · License #108197
Source: Kodiakislandrealestate
Added: May 11 Changed: Oct 29 Last Checked: Nov 3 at 8:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Realty Solutions Freedom Branch

Rey
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Investment Insights

Based on property information with market context.

This multifamily offering comprises five condominium units on 1.71 acres. Two duplex-style cabins contain four units, each measuring 866 square feet and configured with two bedrooms and one bathroom. A separate standalone unit provides 1,305 square feet, three bedrooms, and two bathrooms. The property was built in 2000, and all five units are leased.

Key Highlights

  • Five condominium units offered together on 1.71 acres
  • Four 866‑square‑foot units, each with 2 bedrooms and 1 bathroom
  • Standalone 1,305‑square‑foot unit with 3 bedrooms and 2 bathrooms

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Demographics for 99611, AK

15,827
Population
7,130
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
94%
High-School Grad
526.8 sq mi
ZIP Area
30
Density / Sq Mi
$69,816
Median Household Income
$47,259
Median Earnings
$1,108
Median Rent
$279,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Five condominium units are leased across a 1.71-acre property.
Where is this multifamily property located?
The property is located at 1350 Angler Drive Kenai, AK.
What is the asking price?
The asking price for this property is $1,189,000.
What are key features of this property?
This property features: Five condominium units offered together on 1.71 acres; Four 866‑square‑foot units, each with 2 bedrooms and 1 bathroom; Standalone 1,305‑square‑foot unit with 3 bedrooms and 2 bathrooms
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