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Sterling, AK Multifamily Homes & Duplexes for Sale

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  • /46

    $525,000

    • 2 Beds
    • 2 Baths
    • 3,440 Sq Ft

    38501 Hugh St, Sterling, AK 99672

    Nicely kept unique Shop/warehouse building w/two 1-bedroom apartments and a huge yard 2.73 acres cleared, leveled and gravel. 2-overhead 14' shop doors, ceiling gas heat, spray foam insulation, floor drain, water softener, landscaped yard area with sprinkler system. Both apartments have own washer & dryer, 1st floor infloor heat, 2nd floor baseboard heat, spacious bedrooms.

    Amanda Davis EXP Realty, LLC

    38501 Hugh St, Sterling, AK 99672
  • /40

    $462,000

    • 2 Baths
    • 1,052 Sq Ft

    L12 Lambeau Ct, Sterling, AK 99672

    Two charming cabins, one incredible opportunity! These well-maintained cabins each offer a warm and inviting loft area, a 3/4 bathroom, exposed beams, and a well-appointed, usable kitchen. Enjoy cozy outdoor living with each cabin featuring a private covered porch, ideal for relaxing or entertaining. Separate parking areas and individual septic systems ensure both privacy and convenience for

    Melissa Daugherty Century 21 Realty Solutions Freedom Branch

    L12 Lambeau Ct, Sterling, AK 99672
  • /65

    $849,900

    • 7 Baths
    • 5,480 Sq Ft

    L5 Lambeau Ct, Sterling, AK 99672

    Don't miss this rare opportunity to own a lakefront lodge with endless possibilities for recreation, rental income, & Alaskan adventure! St. Theresa's Lodge is situated on the shores of Hall Lake, just 7 miles north of Soldotna - home of the famous Kenai River. This property offers 193' of lake frontage with the water's edge just steps away. It's the kind of place where mornings start with

    Melissa Daugherty Century 21 Realty Solutions Freedom Branch

    L5 Lambeau Ct, Sterling, AK 99672
  • /58

    $465,000

    • 6 Beds
    • 3 Baths
    • 2,910 Sq Ft

    35061 Adell Ave, Sterling, AK 99672

    With several rentable structures already in place, plus the property being already set up for future expansion, this unique, income-generating property presents a rare opportunity for investors.The main residence is a spacious 3-bedroom home featuring 1 3/4 bath, an office, a dedicated craft area, and an oversized laundry/pantry room with a projected monthly income around $2,200. Separate fromthe

    Melissa Daugherty Century 21 Realty Solutions Freedom Branch

    35061 Adell Ave, Sterling, AK 99672
  • /51

    $2,290,000

    • 10 Beds
    • 7 Baths
    • 5,324 Sq Ft

    34575 Keystone Dr, Soldotna, AK 99669

    Kenai River plus Creek frontage welcomes you to this incredible mix of personal luxury living or opportunity to own one of the premier lodges on the river. 4 separate living structures only 5 minutes from Soldotna ''Y'' & Fred Meyer. Perfect for lodge operation, work retreats, large groups or personal year round living. Almost 800' of aluminum decking and even a bridge across Moose Creek.The main

    Fred Braun Jack White Real Estate Kenai

    34575 Keystone Dr, Soldotna, AK 99669
  • /43

    $549,900

    • 5 Beds
    • 3 Baths
    • 2,304 Sq Ft

    35376 Betty Lou Dr, Sterling, AK 99672

    Incredible Opportunity!! 4 unit investment property within walking distance of public fishing on the famed KENAI RIVER. 1-year round residence and 3 dry cabins that include a bath house and a 700 sq/ft community room. All built 2014+!! Home is 768 sq/ft, Granite counters, luxury flooring, in-floor heat. Sale to include furnished units, currently used as VRBO with summer reservations.

    Mark Kottke Mossy Oak Properties of Alaska - Soldotna

    35376 Betty Lou Dr, Sterling, AK 99672
  • /20

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,728 Sq Ft

    39341 Hallelujah Dr, Soldotna, AK 99669

    Great investment opportunity! 2 Buildings on 1.09 acres located in the heart of the Peninsula. Units have a great rental history. Live in one unit and rent the other! Open concept homes with beautiful tongue and groove woodwork throughout. Commercial well; Views of Longmere Lake and the mountains in the distance. 24 hr notice for showings.

    Mark Kottke Mossy Oak Properties of Alaska - Soldotna

    39341 Hallelujah Dr, Soldotna, AK 99669

Why Live in Sterling

Sterling, Alaska, is a small community known for its fishing and outdoor activities along the Kenai River. The area is surrounded by wildlife and offers easy access to the Kenai River, making it a popular choice for those seeking nature and convenience. Alaska Route 1 runs through Sterling, providing quick routes to Anchorage and Soldotna, allowing residents to reach big-box stores and amenities within minutes. Outdoor adventures in Sterling revolve around fishing, boating, and camping, with the Kenai River and Kenai National Wildlife Refuge serving as central spots for recreation. Morgan’s Landing State Recreation Area and the Izaak Walton State Recreation Site offer similar activities, while the Swan Lake Canoe Routes provide paddling paths with scenic views of the Kenai Mountains and birch forests. Housing in Sterling includes single-family homes with ranch-style, log cabin, and New Traditional architecture, often beneath towering spruce and birch trees. The community has a lower crime risk compared to the national average. Commercial development includes bed and breakfasts, fishing lodges, and a few restaurants and stores, with most supply shopping done at Costco. Dining options are limited, with seasonal spots like the Bluebird Café and Caribou Caboose offering local fare. Students attend schools in the Kenai Peninsula Borough School District, with higher grades commuting to Soldotna, where Cook Inlet Academy, a highly rated private school, is located. Alaska Route 1 connects Sterling to Anchorage, 137 miles away, and Soldotna, about 10 miles west, with Kenai approximately 20 miles away.

Home Trends in Sterling, AK

Housing Trends

Median Sale Price
$465,000
Median Single Family Sale Price
$465,000
Average Price Per Sq Ft
$278
Number of Homes for Sale
6
Last 12 months Home Sales
137
Months of Supply
0.50
Median List Price
$485,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-5%
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