Exceptional investment opportunity with sweeping views of Kachemak Bay, the Homer Spit, and the surrounding mountains. This fourplex offers a combination of immediate rental income and value-add potential. Unit 1 is a spacious three-bedroom, one-bath unit that is currently vacant, providing the perfect opportunity for an owner-occupant or investor to build equity through updates and improvements. The remaining three units are occupied and generating income. Occupied units have had updates completed! Unit 2 features one bedroom and one bathroom, Unit 3 offers one bedroom and one bathroom, and Unit 4 includes two bedrooms and one bathroom.
A Truly Rare Opportunity to Own Three Brand-New Luxury Homes! This exceptional offering includes three beautifully constructed single-level ranch homes, making it an ideal investment opportunity, multi-generational living arrangement, or income-producing property. Thoughtfully designed with quality craftsmanship and modern finishes, each home offers the perfect combination of comfort, efficiency, and convenience. Located just minutes from downtown Homer in a newly developed subdivision, residents will enjoy easy access to the scenic Calvin Coyle Trail, while paved sidewalks provide a convenient walk into town, making it easy to enjoy local shopping, dining, schools, and community amenities. Each 3-bedroom, 2-bath home features spacious, open living areas with luxury vinyl plank flooring, radiant in-floor gas heat, and bathrooms complete with oversized floor-to-ceiling tiled showers. Built to exceptional standards, every home boasts a 5-Star Plus Energy Rating, solar panels, stainless steel appliances, and attractive exterior soffit lighting, delivering outstanding energy efficiency with modern Alaskan style. Whether you're expanding your investment portfolio, creating a family compound, or seeking quality new construction, opportunities like this are exceptionally rare.
Exceptional investment opportunity in the heart of Homer! This beautifully maintained and extensively updated 4-plex offers strong rental appeal with four spacious 2-bedroom, 1-bath units. Each unit includes the convenience of its own washer and dryer, making this property highly desirable for long-term tenants. All four units were thoughtfully updated in 2023, offering modern finishes and enhanced rental appeal. Additional property improvements include a new roof and exterior paint in 2015, natural gas conversion, on-demand hot water systems, and updated flooring in the lower unit. These upgrades provide peace of mind and help minimize future maintenance expenses. Situated in a desirable neighborhood, the property offers ample parking, a generous yard with partial fencing along one side, and convenient access to downtown Homer, schools, shopping, dining, and the extensive local trail system. Whether you're looking to expand your investment portfolio, secure a reliable income-producing property, or explore an owner-occupancy opportunity, this turn-key multi-family property checks all the boxes. With strong rental appeal, numerous capital improvements, and a prime in-town location, this is an opportunity you won't want to miss. Schedule your private showing today and discover the value of this updated Homer 4-plex.
Your ''Pot of Gold'' in the Cosmic Hamlet! Combine an idyllic Beluga Lake setting with a Kenai Mountain backdrop and downtown Homer convenience. Each unit is styled with a refreshingly unique Alaska / Nordic theme. Cozy and desirable with thoughtful functionality throughout. This complex exudes potential for short or longer term rentals. Let this be your rainbow!
Homer Bench property with expansive views of Kachemak Bay. Includes a 3-bed, 1.5-bath main home (1,421 sqft) plus detached 2-bed, 1-bath unit (884 sqft) above a heated 2-car garage. Currently, two separate long-term rentals; tenants pay utilities = low operating costs. Instant cash flow + room for growth. Options abound including owner occupancy, multi-generational living, or investment. Perched on the Homer Bench with wide-open views of the Homer Spit, Kachemak Bay, and the surrounding mountains and glaciers, this property offers a rare mix of scenery and flexibility. The setup includes two separate living spaces: a 3-bedroom, 1.5-bath main home and an apartment over a large two-car garage. Both units have been rented long term, with tenants paying their own utilities, keeping operating costs low. One unit will be available in the coming months, making this a strong option for an owner-occupant who wants help offsetting expenses, or for someone continuing it as a long-term rental property. The garage provides generous storage or parking, with additional on-site parking available. This is a location people actively look for paired with a property that offers real-world flexibility for how you live or invest in Homer.
Discover an exceptional income-producing property with unmatched views of the Homer Spit, Kachemak Bay, and surrounding mountains. This versatile triplex offers three distinct units, all currently rented, making it a strong investment with immediate returns. Unit 1: Spacious 3-bedroom, 2-bathroom home, fully remodeled in 2022 with modern finishes. Unit 2: Comfortable 2-bedroom, 1.5-bathroom unit, also updated in 2022 for style and convenience. Unit 3: Newly constructed in 2024, this 1-bedroom, 1-bathroom unit combines efficiency and contemporary design. Each residence is designed to capture the natural beauty of Homer, while providing tenants with comfortable living spaces. The property's prime location places you minutes from the hospital, shopping, restaurants, and everyday amenities, adding to its appeal for tenants. Whether you're looking to expand your real estate portfolio or secure a strong-performing property in a sought-after market, this triplex delivers on both lifestyle and investment value.

Homer is located in Alaska. Homer, Alaska has a population of 5,531. Homer is less family-centric than the surrounding county with 21.73% of the households containing married families with children. The county average for households married with children is 30.39%.
The median household income in Homer, Alaska is $63,854. The median household income for the surrounding county is $70,609 compared to the national median of $69,021. The median age of people living in Homer is 39.7 years.
The average high temperature in July is 63 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 36.7 inches per year, with 71.5 inches of snow per year.