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    Kenai, AK
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    Kenai, AK Residential Income Properties for Sale

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    Soldotna, AK Sterling, AK Kasilof, AK
    8 properties
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    Renovated Duplex with Full Basements
    Updated: Jun 16
    Renovated Duplex with Full Basements

    316 Birch Street, Kenai, AK 99611

    $399,770
    3,168 sqft 0.16 AC lot
    Two‑unit duplex with 3,168 square feet total; each unit measures 1,584 square feet
    Each unit includes 2 bedrooms and 1 bathroom on the main level
    Lower levels provide 792 square feet per unit for storage, recreation, office space, or additional bedrooms
    Renovations completed within the last 3 years include new roof, wiring, plumbing, kitchens, baths, windows, and appliances
    Public water and public sewer serve the property at 316 Birch Street, Kenai, AK 99611
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    Two-Home Multifamily Property
    Updated: Aug 18
    Two-Home Multifamily Property

    53350 Empress Ave, Nikiski/North, Kenai, AK 99635

    $599,000
    4,064 sqft
    Two detached homes totaling 4,064 square feet on 2 private acres
    Home 1 includes 3BR/3BA, finished basement, family room, and gas fireplace
    Home 2 is a 3BR/2BA ranch with 9' ceilings
    Home 2 features double ovens, oversized gas range, butcher block counters, and LVP flooring
    Each residence has its own well and septic system
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    Detached Four-Unit Quadplex
    Detached Four-Unit Quadplex

    50163 Forest Glen St, Nikiski/North, Kenai, AK 99635

    $1,044,000
    4,540 sqft

    Each residence includes three bedrooms and a combination of 1 3/4 and full baths.

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    See hot listings in Kenai

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Multifamily Property with Guest Building
    Multifamily Property with Guest Building

    38131 Woods Dr, Kenai, AK 99611

    $865,000
    2,871 sqft

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

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    Renovated Two-Unit Duplex
    Renovated Two-Unit Duplex

    316 Birch St, Kenai, AK 99611

    $399,770
    3,168 sqft

    Each side includes open-concept living and lower-level expansion space.

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    Detached 4-Unit Quadplex
    Detached 4-Unit Quadplex

    742 McKinley St, Kenai, AK 99611

    $1,097,000
    4,540 sqft 2.39 AC lot

    Four residential units feature three bedrooms and a combination of 1 3/4 and full baths.

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    Updated Duplex With Private Entrances
    Updated Duplex With Private Entrances

    403 Birch St, Kenai, AK 99611

    $349,000
    1,344 sqft

    Two renovated units offer independent access, each with two bedrooms, a full bath, updated kitchens, and a shared laundry area.

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    Waterfront Duplex
    Waterfront Duplex

    513 Peninsula Ave, Kenai, AK 99611

    $279,000
    1,680 sqft

    Two one-bedroom residences share laundry facilities and overlook the meeting point of the inlet and Kenai River.

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    Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 8 Active listings in Kenai, AK, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Duplex with RV Parking
    Updated Duplex with RV Parking

    35773 Marshall St, Soldotna, AK 99669

    $329,000
    960 sqft

    Two separate residences offer individual kitchens, bedrooms, bathrooms, and outdoor areas within a fenced property.

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    Waterfront Duplex With Cook Inlet Access
    Waterfront Duplex With Cook Inlet Access

    30735 Susie Cir, Kasilof, AK 99610

    $585,000
    3,272 sqft 1.17 AC lot

    Waterfront duplex with a separate apartment, detached garage, and panoramic mountain views.

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    Fenced Triplex Property
    Fenced Triplex Property

    51902 Linda Sue Ct, Kasilof, AK 99610

    $520,000
    2,335 sqft 1.24 AC lot

    Three distinct residential units occupy a landscaped, enclosed acreage setting in Kasilof.

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    Two-Home Multifamily Property
    Two-Home Multifamily Property

    36420 Northern Lights Blvd, Soldotna, AK 99669

    $785,000
    5,616 sqft

    Two remodeled homes share one lot, with updated finishes, appliances, and some furnishings.

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    Off-Market Properties in Kenai, AK

    Consider similar Off-Market properties in Kenai, AK. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    45512 Fish On Dr
    CAMPGROUND, RV PARK

    45512 Fish On Dr, Kenai, AK 99611

    Estimated value:
    $200,000
    768 sqft 0.11 AC lot
    View details
    45521 Catching Silvers Dr
    CAMPGROUND, RV PARK

    45521 Catching Silvers Dr, Kenai, AK 99611

    Estimated value:
    $265,000
    0.11 AC lot
    View details
    605 Frontage Rd
    APARTMENT HOUSE (5+ UNITS)

    605 Frontage Rd, Kenai, AK 99611-9105

    Estimated value:
    $285,000
    2,014 sqft 0.11 AC lot
    View details
    5679 Kenai Spur Hwy
    APARTMENT HOUSE (5+ UNITS)

    5679 Kenai Spur Hwy, Kenai, AK 99611-8430

    Estimated value:
    $280,000
    4,624 sqft 0.34 AC lot
    View details
    2392 Redoubt Ave
    APARTMENT HOUSE (5+ UNITS)

    2392 Redoubt Ave, Kenai, AK 99611-7250

    Estimated value:
    $380,000
    8,257 sqft 1.22 AC lot
    View details
    202 Evergreen St
    APARTMENT HOUSE (5+ UNITS)

    202 Evergreen St, Kenai, AK 99611-9013

    Estimated value:
    $205,000
    4,450 sqft 1.85 AC lot
    View details
    2824 Iliamna Rd
    APARTMENT HOUSE (5+ UNITS)

    2824 Iliamna Rd, Kenai, AK 99611-7181

    Estimated value:
    $280,000
    4,160 sqft 0.41 AC lot
    View details
    36065 Reef Dr
    APARTMENT HOUSE (5+ UNITS)

    36065 Reef Dr, Kenai, AK 99611-8767

    Estimated value:
    $280,000
    4,500 sqft 1.85 AC lot
    View details
    511 Willow St
    APARTMENT HOUSE (5+ UNITS)

    511 Willow St, Kenai, AK 99611-6944

    Estimated value:
    $400,000
    14,787 sqft 0.34 AC lot
    View details
    810 Peninsula Ave
    APARTMENT HOUSE (5+ UNITS)

    810 Peninsula Ave, Kenai, AK 99611-6952

    Estimated value:
    $845,000
    36,705 sqft 1.37 AC lot
    View details
    412 Frst Dr
    APARTMENT HOUSE (5+ UNITS)

    412 Frst Dr, Kenai, AK 99611-7466

    Estimated value:
    $270,000
    5,208 sqft 2.50 AC lot
    View details
    45756 Porter Rd
    MOBILE HOME PARK, TRAILER PARK

    45756 Porter Rd, Kenai, AK 99611-5942

    Estimated value:
    $1,765,000
    7,432 sqft 47.80 AC lot
    View details
    202 Frst Dr
    APARTMENT HOUSE (5+ UNITS)

    202 Frst Dr, Kenai, AK 99611-7942

    Estimated value:
    $655,000
    17,615 sqft 1.25 AC lot
    View details
    903 Cook Ave
    APARTMENT HOUSE (5+ UNITS)

    903 Cook Ave, Kenai, AK 99611-8059

    Estimated value:
    $415,000
    12,216 sqft 0.93 AC lot
    View details
    37588 Kalifornsky Bch Rd
    CAMPGROUND, RV PARK

    37588 Kalifornsky Bch Rd, Kenai, AK 99611-8768

    Estimated value:
    $300,000
    410 sqft 0.97 AC lot
    View details
    39864 Kalifornsky Bch Rd
    CAMPGROUND, RV PARK

    39864 Kalifornsky Bch Rd, Kenai, AK 99611

    Estimated value:
    $300,000
    840 sqft 63.07 AC lot
    View details

    Kenai, AK Residential Income Properties Market Trends and Statistics

    Explore 49 residential income properties for sale in Kenai, AK, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 25,375 square feet of properties for sale, with an estimated market value of $5,032,540.

    Sale prices for residential income properties in Kenai, AK start at $279,000, averaging $629,067, and reaching up to $1,097,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 8
    Duplexes 4
    Quadplexes 2

    Demographics Overview

    Population 16K
    Population Growth (5Y) +2.4%
    Median Household Income $69,816
    College Educated 16.2%

    High-Yield Neighborhoods for Investment

    Identify Kenai submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Kenai - 99611 $492.3K
    Nikiski - 99635 $1M

    Taxes & Financing

    Tax Rate (average for all types) 0.92%
    Property Tax per SF $20.91 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kenai Peninsula Borough

    New Delisted

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    Most Searched ZIP Codes in Kenai, AK

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    • 99635

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