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Multifamily Property with Guest Building
For Sale
$874,900

38131 Woods Dr, Kenai, AK 99611

Two residences provide flexible space for occupants, guests, and shared outdoor use near river access.

Property Size2,871 SF
Price / SF$304.74
Days on Market18

Property Features for 38131 Woods Dr

General Information

Standard status Active
Size 2,871 SF
Property subtype Multi-Family

Amenities

private neighborhood dock
deck
firepit area
canning room
wood stove
greenhouse

Building Details

Year Built 1998
Buildings 2
Listing Agency: EXP Realty, LLC
Listed By: MJ Motta-Gillis · License #146962
Source: Kachemakgrouprealestate
Added: Aug 13 Changed: Aug 29 Last Checked: Aug 29 at 7:36PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This multifamily property includes a 1,740-square-foot ranch-style main residence with 2 bedrooms, 1.75 bathrooms, two decks, a canning room, firepit area, and carport. A second building, rebuilt in 2012, adds a two-bedroom fish camp with an upstairs half bathroom and a lower-level studio living, dining, and kitchen area with a three-quarter bathroom. The secondary building also includes an attached garage, carport, and greenhouse.

Located at 38131 Woods Dr in Kenai, Alaska, the property includes access to a private neighborhood dock and the river. The main residence was built in 1998 and features exposed wood beams and a wood stove. Together, the two buildings offer separate residential and guest accommodations with substantial outdoor and accessory improvements.

Key Highlights

  • 1,740‑square‑foot main ranch residence with 2 bedrooms and 1.75 bathrooms
  • Second building rebuilt in 2012 with 2 bedrooms and a studio living/dining/kitchen area
  • Secondary building includes an attached garage, carport, and greenhouse

Property Analytics

Current Use

Multifamily properties

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two residences provide flexible space for occupants, guests, and shared outdoor use near river access.
Where is this multifamily property located?
The property is located at 38131 Woods Dr Kenai, AK.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: 1,740‑square‑foot main ranch residence with 2 bedrooms and 1.75 bathrooms; Second building rebuilt in 2012 with 2 bedrooms and a studio living/dining/kitchen area; Secondary building includes an attached garage, carport, and greenhouse
More about this property
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