1 / 38$299,000
513 Peninsula Avenue
Kenai AK 99611
Berkshire Hathaway HomeServices Alaska Realty
2
Bedrooms
2
Bathrooms
1,680
Sq Ft
1977
Year Built
MLS# 24-13148· Listed Oct 15, 2024
Live MLS feedAbout This Home
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.
Property Details
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Sewer
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Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
Documents & insights
33 documents from current & prior listings · parcel #04711605.
Summary of 33 documents from this property's current and prior listings. 8 items worth reviewing, plus 40 additional facts captured.
What the seller reported about utilities
Average monthly utility costs are reported as $250 for Electric (Homer Electric Assoc. ), $150 for Gas (Enstar), and $218 for Water.
Source: Property Disclosures · Active Apr 2026
Reflects the prior owner's usage and providers. Your costs may vary.
What are the most important things a buyer should know about this property from the documents?
The property is a duplex built in 1977 that is currently rented, features public water and sewer, and has a retaining wall addressing bluff erosion.
“Property Type: Duplex with apartment, built 1977. ... Sewer/Water: Public. ... Addendum: Bluff erosion addressed by retaining wall (8/23) and Kenai City bluff project (2025). ... Property is rented until Jan 2027.”
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Documents from prior listings(33) · sign in to open
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Disclosure timeline
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Listed by: Gina Pelaia · Berkshire Hathaway HomeServices Alaska Realty
© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated April 2026.
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Mortgage Estimate
$1,790/mo
$269,100 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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