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    Property profile & analytics

    17/19 Driftwood Way Unalaska, AK 99692

    • Apartment buildings
    • 8,512 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 17/19 Driftwood Way

    Year built
    1991
    Lot size
    0.66 lot acres
    Property size
    8,512 SF
    Property type
    Apartment buildings

    Description

    This exceptional investment opportunity presents two income-producing four-plex apartment buildings situated on two separate 0.66-acre lots in Unalaska, Alaska. Located at 17/19 Driftwood Way, 99692, this property boasts a prime location in Dutch Harbor. Built in 1991 and extensively renovated in 2021, the buildings offer a combined 8,512 square feet of living space. Currently enjoying 100% occupancy, these properties provide a strong and consistent rental income stream, supported by an impressive rental history. The land lease extends until 2041, with two 20-year options to renew, ensuring long-term security for the investment. The asking price for this multifamily property is $1,320,000. The property's APN is 0403323. This is a rare chance to acquire a well-maintained, high-performing multifamily investment in a desirable location. Further details, including a marketing package, are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Unalaska
    County
    Aleutians West Census Area
    State
    Alaska
    Longitude
    -166.54
    Latitude
    53.8914

    Comparable in this City

    • Value Estimation by Request
      16,764 SF

      0000 Driftwood Way

      Multifamily properties • 16,764 SF
      0000 Driftwood Way, Unalaska, AK 99692
      View Details
    • Value Estimation by Request
      25,285 SF

      179 Gilman Way

      Distribution properties • 25,285 SF
      179 Gilman Way, Unalaska, AK 99692
      View Details
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    Unalaska, AK 99692
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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