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.
For sale
$850,000
335 E Fairview Ave, Homer, AK 99603
8beds
3,584sqft
Multi Family
Built in 1984
-- sqft lot
$813,400 Zestimate®
$237/sqft
$-- HOA
What's special
Ample parkingOn-demand hot water systemsExterior paintNew roofModern finishes
- 116 days
- 200
- 17
Zillow last checked:
Listing updated:
Listed by:
Gina Pelaia,
Berkshire Hathaway HomeServices Alaska Realty
Source: AKMLS,MLS#: 26-7105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Kerosene, Oil
Appliances
- Included: Washer/Dryer
- Laundry: Washer/Dryer HkUp
Features
- Flooring: Laminate
- Has basement: No
Interior area
- Total structure area: 3,584
- Total interior livable area: 3,584 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Has view: Yes
- View description: Mountain(s), Partial
- Waterfront features: No Access, None
Lot
- Size: 9,147 Square Feet
- Features: Covenants, City Lot
- Topography: Level,Sloping
Details
- Parcel number: 17732011
- Zoning: RR
- Zoning description: Rural Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt,Composition,Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Homer
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $397,400
- Annual tax amount: $3,899
- Date on market: 6/15/2026
- Road surface type: Paved
Estimated market value
$813,400
$773,000 - $854,000
$1,801/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $850,000+188.1%$237/sqft |
Source: | ||
| 6/1/2015 | Sold | -- |
Source: | ||
| 1/18/2015 | Listed for sale | $295,000$82/sqft |
Source: Coastal Realty - Homer #15-481 Report a problem | ||
| 7/11/2013 | Sold | -- |
Source: | ||
| 1/28/2000 | Sold | -- |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,899 +1.4% | $397,400 +6% |
| 2024 | $3,846 +17.9% | $374,900 +25.5% |
| 2023 | $3,262 -1.7% | $298,700 +1.2% |
| 2022 | $3,317 +4.5% | $295,100 +6.4% |
| 2021 | $3,173 +5.9% | $277,400 +5.9% |
| 2020 | $2,996 | $261,900 -0.1% |
| 2019 | $2,996 -0.6% | $262,200 +1.4% |
| 2018 | $3,015 +1.4% | $258,700 +0.3% |
| 2017 | $2,975 +24.2% | $257,800 +23.9% |
| 2016 | $2,396 | $208,000 0% |
| 2015 | $2,396 | $208,100 -7.7% |
| 2014 | $2,396 | $225,400 -1.4% |
| 2013 | -- | $228,700 -1.1% |
| 2012 | -- | $231,200 -0.3% |
| 2011 | -- | $232,000 -1% |
| 2010 | -- | $234,400 -1.1% |
| 2009 | -- | $236,900 +3.8% |
| 2008 | -- | $228,300 +3.9% |
| 2007 | -- | $219,800 +0% |
| 2006 | -- | $219,700 +1.2% |
| 2005 | -- | $217,100 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 99603
Nearby schools
Schools provided by the listing agent
- Elementary: Paul Banks/Homer
- Middle: Homer
- High: Homer
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






