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385 Lee Drive

Homer, AK 99603
  • $N/A
  • STATUS: Closed
  • ON SITE: 281 Days
  • MLS #: 24-12775
Sold - 01/21/2025
$N/A
SOLD - 01/21/2025
  • 3
    BEDS
  • 0.38
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,944
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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 great flexibility 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!

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Alaska MLS logo DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than RMG Real Estate Network are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2025-07-13T13:36:37.37.

www.alaskahomesearch.com/homes/156358854
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385 Lee Drive Homer, AK 99603

  • Price: $350,000
  • Status: Closed
  • On Site: 281 Days
  • Updated: 27 min ago
  • MLS #: 24-12775
3
Beds
2
Baths
0
½ Baths
0.38
Acres
1,944
SQFT
$0
$/SQFT
1990
Built
Neighborhood:
Homer
Area:
Homer
Elementary School:
Paul Banks/Homer
Middle School:
Homer
High School:
Homer
Property Description
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 great flexibility 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!
Exterior Features

Carport Spaces 0 Exterior Finish Metal2 Yes Exterior Finish Wood3 Yes Foundation Details Poured Concrete Open Parking Spaces 4 Parking Features Other-See Remarks Roof ShingleAsphalt

Interior Features

Flooring Luxury Vinyl Plank Heating Natural Gas Yes Living Area 1944 Mf Features Washer Dryer Yes Mf Features Washer Dryer Hk Up Yes Unit Num1 Bath Full 1 Unit Num1 Bedroom 2 Unit Num2 Bath Full 1 Unit Num2 Bedroom 1

Property Features

Construction Materials BlockWood Frame Foreclosure Bank Own No Frontage Type [] Listing Terms Financing Cash Yes Listing Terms Financing Conventional Yes Listing Terms Financing FHA Yes Lot Features Gently Rolling Mf Features In City Limits Yes MLSArea Major 1B - Kenai Peninsula Borough Multi Family Type Upand Down Yes New Construction YN No Other Structures [] Property Info Construction Status Existing Structure Property Info Prkg Spcs 4 Security Features Smoke Detector(s) Sewer Public Sewer View [] Zoning UR - Urban Residential

Alaska MLS logo Listing Office Story Real Estate: 907-226-3933. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Alaska MLS logo DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than RMG Real Estate Network are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2025-07-13T13:36:37.37.

 
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RMG Real Estate Network
1900 W Benson Blvd Ste 101
Anchorage AK, 99517