WATERFRONT DUPLEX WITH KENAI RIVER & COOK INLET VIEWS!Rare investment opportunity! This well-maintained duplex boasts breathtaking views of both the Kenai River and Cook Inlet. Each unit offers comfortable living with easy access to world-class fishing and outdoor recreation. Proven performer with excellent rental history--ideal for investors or owner-occupants looking to offset costs.Information from Seller: Currently insured with a major insurance company at $327,000 as rental income property. Insurance premium is about $1,700 annually. Had been occupied by the same tenants last 3 years and they would like to stay. Both very on time with rent and on month to month but wish to sign leases with new owner. Current rental income is about $30,000 per year. Would trade for property from Homer to Nilnilchik area up or down. $299,000 or best. Possible trade for south Peninsula property or high dollar fishing boat.
For sale
$299,000
513 Peninsula Ave, Kenai, AK 99611
2beds
1,680sqft
Est.:
Duplex
Built in 1977
-- sqft lot
$-- Zestimate®
$178/sqft
$-- HOA
What's special
Waterfront duplexComfortable livingBreathtaking views
- 200 days
- on Zillow |
- 584 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 01:50pm
Listed by:
Gina Pelaia,
Berkshire Hathaway HomeServices Alaska Realty
Source: AKMLS,MLS#: 24-13148

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas
Appliances
- Laundry: Common Area
Features
- Storage
- Flooring: Ceramic Tile, Luxury Vinyl
- Has basement: No
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Parking
- Parking features: Paved, No Carport, No Garage
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Inlet, Mountain(s), River, Unobstructed
- Has water view: Yes
- Water view: Inlet,River
- Waterfront features: River Access, River Front
- Body of water: Kenai River
Lot
- Size: 8,712 Square Feet
- Features: City Lot
- Topography: Bluff
Details
- Parcel number: 04711605
- Zoning: UNK
- Zoning description: Unknown
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Frame
- Foundation: Slab
- Roof: Built-Up,Rolled/Hot Mop
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kenai
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $3,000
- Annual tax amount: $26
- Date on market: 10/15/2024
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