$850,000

335 E Fairview Ave Homer, AK 99603

Estimated payment $4,926/month

8 Beds
4 Baths
3,584 Sq Ft
$237 Price per Sq Ft

Highlights

  • Peek-A-Boo Views
  • Level Lot
  • 5-minute walk to Kachemak Bay State Park
  • Homer Middle School Rated A-

About This Home

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.

Listing Agent

Gina Pelaia

Berkshire Hathaway HomeServices Alaska Realty License #16355 Listed on: 06/15/2026

Berkshire Hathaway HomeServices Alaska Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,584 Sq Ft Home
  • Laminate Flooring
  • Peek-A-Boo Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Open Parking Spaces

Schools

  • Paul Banks/Homer Elementary School
  • Homer Middle School
  • Homer High School

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved, Maintained
  • Directions: Pioneer Ave to Svedlund St. Up one block to left on E. Fairview, building on the left.
  • New Construction: No
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Laminate
  • Living Area: 3584

Exterior Features

  • Lot Features: Level, Gentle Sloping
  • View: Mountain(s), Partial
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: None
  • Total Parking Spaces: 8

Utilities

  • Security: Smoke Detector(s)
  • Sewer: Public Sewer

Schools

  • Elementary School: Paul Banks/Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Zoning: RR - Rural Residential

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,846 $397,400 $50,300 $347,100
2024 $3,846 $374,900 $47,700 $327,200
2023 $3,262 $298,700 $42,200 $256,500
2022 $3,317 $295,100 $35,300 $259,800
2021 $2,975 $277,400 $34,300 $243,100
2020 $2,996 $261,900 $34,000 $227,900
2019 $1,508 $262,200 $34,000 $228,200
2018 $2,975 $258,700 $33,900 $224,800
2017 $2,913 $257,800 $31,800 $226,000
2016 $2,350 $208,000 $40,200 $167,800
2015 $2,396 $208,100 $40,200 $167,900
2014 $2,396 $225,400 $40,200 $185,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2026 06/15/26 For Sale $850,000 +188.1% $237 / Sq Ft
06/01/2015 06/01/15 Sold -- -- -- View Prior Sale
05/01/2015 05/01/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $295,000 +7.3% $82 / Sq Ft
07/11/2013 07/11/13 Sold -- -- -- View Prior Sale
06/18/2013 06/18/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $275,000 -- $77 / Sq Ft
Source: Alaska Multiple Listing Service

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- First American Title Ins Co
Source: Public Records

About the Listing Agent

Gina Pelaia
Gina Pelaia

Berkshire Hathaway HomeServices Alaska Realty

(833) 476-4560

Section Image

#LIVINGALASKA! She loves living in Alaska and she can help this dream come true for you too! She has filmed 5 episodes with HGTV Living Alaska with actual Buyers it is a Real Estate show that showcases our beautiful Cosmic Hamlet by The Sea fondly known as Homer Alaska! She was raised in a Real Estate Family! In 2004 she moved to Homer Alaska, got her Real Estate License, and went to work for selling and managing Real Estate in Homer Alaska. Beginning in Texas in 1996 she helped many first-time

View Gina's Profile

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Source: Alaska Multiple Listing Service

MLS Number: 26-7105

Alaska Multiple Listing Service

APN: 177-320-11

Alaska Kenai Peninsula Borough Homer 99603

335 E Fairview Ave, Homer, AK

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Alaska Multiple Listing Service 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 Ten-X 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. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

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Gina Pelaia
Gina Pelaia
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Berkshire Hathaway HomeServices Alaska Realty
(833) 476-4560
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