Well-maintained and updated 4-plex in Kenai with a strong rental history and flexible owner-occupy potential. One unit has been intentionally kept vacant for owner occupancy, though a tenant is ready to rent immediately if desired--making this a solid option for both investors and owner-occupants.This property features numerous updates throughout, including newer flooring, appliances, boiler serviced annually, and fresh paint inside and out. The building is laid out with two 2-bedroom, 1-bath units upstairs and two 1-bedroom, 1-bath units downstairs. Coin-operated laundry is located in a shared common area for added income and tenant convenience. A great opportunity to step into a well-cared-for multi-family property.
Sold
Price Unknown
1214 Lilac Ln, Kenai, AK 99611
6beds
2,528sqft
Multi Family
Built in 1960
-- sqft lot
$455,200 Zestimate®
$--/sqft
$1,602 Estimated rent
Home value
$455,200
$337,000 - $615,000
$1,602/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Wheeler Dukowitz Real Estate T,
Elite Real Estate Group Soldotna Branch
Bought with:
The Feeken Potter Team
RE/MAX of The Peninsula
RE/MAX of The Peninsula
Source: AKMLS,MLS#: 26-1112
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Natural Gas, Radiant
Appliances
- Included: Washer/Dryer
- Laundry: Common Area
Features
- Flooring: Carpet, Laminate, Linoleum, Luxury Vinyl, Tile
- Has basement: No
Interior area
- Total structure area: 2,528
- Total interior livable area: 2,528 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Waterfront features: No Access, None
Lot
- Size: 7,405 Square Feet
- Features: Covenants
- Topography: Hilly
Details
- Parcel number: 03902212
- Zoning: UNK
- Zoning description: Unknown
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Frame - 2x6
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- New construction: No
- Year built: 1960
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kenai
Financial & listing details
- Tax assessed value: $190,100
- Annual tax amount: $1,561
- Date on market: 2/6/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Sold | -- |
Source:  AKMLS #26-1112 Report a problem | ||
| 2/11/2026 | Pending sale | $450,000$178/sqft |
Source: AKMLS #26-1112 Report a problem | ||
| 2/9/2026 | Listed for sale | $450,000+83.7%$178/sqft |
Source: AKMLS #26-1112 Report a problem | ||
| 4/20/2020 | Listing removed | $245,000$97/sqft |
Source: RE/MAX of The Peninsula #19-7934 Report a problem | ||
| 10/2/2019 | Price change | $245,000-8.2%$97/sqft |
Source: RE/MAX of The Peninsula #19-7934 Report a problem | ||
| 5/21/2019 | Listed for sale | $267,000+13.6%$106/sqft |
Source: RE/MAX of The Peninsula #19-7934 Report a problem | ||
| 1/25/2017 | Sold | -- |
Source: AKMLS #438003_16-14528 Report a problem | ||
| 12/9/2016 | Pending sale | $235,000$93/sqft |
Source: Alaska 1st Realty, Inc. #16-14528 Report a problem | ||
| 9/6/2016 | Listed for sale | $235,000$93/sqft |
Source: Alaska 1st Realty, Inc. #16-14528 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,561 -4.7% | $190,100 +0.5% |
| 2024 | $1,638 +0.8% | $189,200 +0.8% |
| 2023 | $1,626 +0.6% | $187,700 +2.9% |
| 2022 | $1,616 -13.2% | $182,400 -11.2% |
| 2021 | $1,862 +16.6% | $205,500 +1.6% |
| 2020 | $1,597 | $202,300 +0.2% |
| 2019 | $1,597 +0.3% | $201,800 -5.1% |
| 2018 | $1,593 -5.8% | $212,700 +61.3% |
| 2017 | $1,692 +70.4% | $131,900 -7.8% |
| 2016 | $993 | $143,100 +25.6% |
| 2015 | $993 | $113,900 +15.5% |
| 2014 | $993 | $98,600 -3.8% |
| 2013 | -- | $102,500 -8.2% |
| 2012 | -- | $111,700 -5.8% |
| 2011 | -- | $118,600 -14.9% |
| 2010 | -- | $139,400 +12.9% |
| 2009 | -- | $123,500 +2.2% |
| 2008 | -- | $120,900 +0.8% |
| 2007 | -- | $119,900 |
| 2006 | -- | $119,900 +66.5% |
| 2005 | -- | $72,000 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 99611
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Nearby schools
GreatSchools rating
- 8/10Mt. View Elementary SchoolGrades: PK-5Distance: 4.9 mi
- 6/10Kenai Middle SchoolGrades: 6-8Distance: 4 mi
- 6/10Kenai Central High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Mt. View
- Middle: Kenai
- High: Kenai Central
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Alaska
- Kenai Peninsula Borough
- Kenai
- 99611
- 1214 Lilac Ln
Nearby cities
Nearby zip codes
Other Kenai Topics
