This duplex in downtown Homer, AK is a fantastic investment opportunity! The combination of its tucked-away location on a dead-end street, along with the .38-acre lot and 960 sq. ft. shop, adds significant value. The layout,1 bedroom and 1 bath in the top unit with a peekaboo view of Kachemak Bay, and 2 bedrooms and 1 bath in the lower unit, both equipped with laundry rooms, offers greatflexibility for either living in one unit and renting the other or renting both for additional income while keeping the shop for personal or business use. The south-facing deck on the upper unit sounds lovely for catching glimpses of the bay! To make this duplex is even more appealing are the additional updates and features. Being hooked up to natural gas is a huge plus, offering energy efficiency and lower heating costs. The new roof, gutters, fresh exterior paint, and skirting and ample parking. Large yard space which is great for tenants or an owner-occupant who enjoys outdoor space, making it an even more attractive rental or personal property. This is definitely a turnkey investment opportunity!
Sold
Price Unknown
385 Lee Dr, Homer, AK 99603
3beds
1,944sqft
Multi Family
Built in 1990
-- sqft lot
$-- Zestimate®
$--/sqft
$1,624 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 22, 2025 at 11:29am
Listed by:
Amanda N Miotke,
Story Real Estate
Bought with:
Amanda N Miotke
Story Real Estate
Source: AKMLS,MLS#: 24-12775

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Washer/Dryer
- Laundry: Washer/Dryer HkUp
Features
- Flooring: Luxury Vinyl
- Has basement: No
Interior area
- Total structure area: 1,944
- Total interior livable area: 1,944 sqft
Property
Parking
- Parking features: No Carport, Other
- Has garage: Yes
Features
- Waterfront features: Bay Access, None
Lot
- Size: 0.38 Acres
- Features: City Lot
- Topography: Gently Rolling
Details
- Parcel number: 17720123
- Zoning: UR
- Zoning description: Urban Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal, Wood Siding, Block, Frame
- Foundation: Block, Concrete Perimeter
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1990
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Water Delivered
Community & neighborhood
Location
- Region: Homer
Other
Other facts
- Road surface type: Gravel