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Quadplex with Kachemak Bay Views
For Sale
$599,000

398 Mountain View Dr, Homer, AK 99603

Four-unit income property with one vacant residence and three occupied units, offering one-, two-, and three-bedroom layouts.

Property Size2,720 SF
Price / SF$220.22
Days on Market86

Property Features for 398 Mountain View Dr

General Information

Standard status Active
Size 2,720 SF
Property subtype Multi-Family

Building Details

Year Built 1977
Listing Agency: Kachemak Real Estate Group Real Broker
Listed By: Becky Turkington · License #188838
Source: Seehomesinalaska
Added: Jun 5 Changed: Aug 28 Last Checked: Aug 28 at 7:20AM

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 Kachemak Real Estate Group Real Broker

Investment Insights

Based on property information with market context.

This 2,720-square-foot quadplex, built in 1977, contains four separate residential units with a varied bedroom mix. Unit 1 is a vacant three-bedroom, one-bath residence, while Units 2 and 3 each provide one bedroom and one bathroom. Unit 4 includes two bedrooms and one bathroom. The vacant unit can accommodate an owner-occupant or serve as an opportunity for updates, while the other three residences are occupied and producing rental income. Updates have been completed in the occupied units.

The property is located at 398 Mountain View Dr in Homer, Alaska, with views extending across Kachemak Bay, the Homer Spit, and the surrounding mountains. Its four-unit configuration, existing occupancy, and range of floor plans provide a clear residential income-property profile.

Key Highlights

  • Four‑unit property totaling 2,720 square feet
  • Unit 1 is a vacant 3‑bedroom, 1‑bath residence
  • Units 2 and 3 each contain 1 bedroom and 1 bathroom

Property Analytics

Current Use

Quadplexes

Location Intelligence

Demographics for 99603, AK

10,766
Population
6,251
Households
1.7
Avg Household Size
43
Median Age
39%
College-Educated
94%
High-School Grad
1,068.8 sq mi
ZIP Area
10
Density / Sq Mi
$76,368
Median Household Income
$41,530
Median Earnings
$1,236
Median Rent
$345,600
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?
Quadplex - Four-unit income property with one vacant residence and three occupied units, offering one-, two-, and three-bedroom layouts.
Where is this quadplex located?
The property is located at 398 Mountain View Dr Homer, AK.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four‑unit property totaling 2,720 square feet; Unit 1 is a vacant 3‑bedroom, 1‑bath residence; Units 2 and 3 each contain 1 bedroom and 1 bathroom
More about this property
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