$299,000

513 Peninsula Ave Kenai, AK 99611

$3,551
Closing credit¹
2 beds
2 full
1,680 sqft
0.2 acres
$178 / sqft
Multi-Family

Property details

About 513 Peninsula Ave

WATERFRONT DUPLEX WITH KENAI RIVER & COOK INLET VIEWS! Rare investment opportunity! This well-maintained duplex boasts breathtaking views of both the Kenai River and Cook Inlet. Each unit offers comfortable living with easy access to world-class fishing and outdoor recreation. Proven performer with excellent rental history—ideal for investors or owner-occupants looking to offset costs. Information from Seller: Currently insured with a major insurance company at $327,000 as rental income property. Insurance premium is about $1,700 annually. Had been occupied by the same tenants last 3 years and they would like to stay. Both very on time with rent and on month to month but wish to sign leases with new owner. Current rental income is about $30,000 per year. Would trade for property from Homer to Nilnilchik area up or down. $299,000 or best. Possible trade for south Peninsula property or high dollar fishing boat.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
Size1,680 sqft
Lot size0.2 Acres
Year built1977
MLS #24-13148
ViewInlet, Mountain(s), River, Unobstructed

Summary

  • Full Bathrooms: 2
  • Flooring Type: Luxury Vinyl Plank
  • Total Bedroom Count: 2
  • Attached Garage: No
  • View: Inlet, Mountain(s), River, Unobstructed
  • Heating: Baseboard, Natural Gas
  • List Price: $299,000
  • Price/SqFt: $177
  • Annual Tax Amount: $25
  • Tax Year: 2024
  • Directions: Off kenai spur; corner off Peninsula Ave & Willow.
  • Year Built: 1977
  • Living Area: 1,680 SqFt
  • Lot Size: 0.2 Acres
  • MLS Number: 24-13148
  • MLS Name: Alaska Multiple Listing Service
  • Office Name: Berkshire Hathaway HomeServices Alaska Realty
  • Office Phone: (907) 226-2226
  • Office Email: gpelaia@msn.com

IDXThe 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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring french doors

$299,000

513 Peninsula Ave

$3,551

closing credit¹

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Price information

Property sales

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Tax history

YearAssessmentProperty Tax
2024$3,000$25
2023$3,000$25
2022$35,900$318
2021$17,000$154
2020$110,200$762

History based on county public records data.

Nearby schools

5

Kaleidoscope School of Arts & Science

Public Charter KG-5

1.4 mi

549 N Forest Dr

7

Mt. View Elementary School

Public District PK-5

2.7 mi

315 Swires Rd

5

Kalifornsky Beach Elementary School

Public District PK-6

5.9 mi

1049 E Poppy Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,391. Typical income of Kenai, AK residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

37%
<35k
49%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
15%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Family DollarFamily Dollar
  • KmartKmart

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • FordFord
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Kenai, AK

Transportation in Kenai features a combination of private and public options, with a road network that connects residents to local amenities and neighboring areas. Public transit provides connectivity within the community, although schedules may be limited. The area is known for its walkable downtown core, with efforts to improve bikeability and pedestrian access throughout the city. Kenai Municipal Airport offers additional travel options for residents and visitors, while ride-share services are available to supplement personal and public transportation.

The community is served by a network of public services that includes several public schools, healthcare facilities offering primary care and emergency services, and a public library system. Retail and dining establishments in Kenai reflect the local culture, with an emphasis on seafood and regional cuisine. The city is attentive to the evolving needs of its residents, with initiatives aimed at enhancing services to accommodate demographic shifts and improve the quality of life.

Kenai prides itself on its serene and scenic environment, with the Kenai River and surrounding wilderness playing a central role in the community's lifestyle. The city is celebrated for its outdoor recreational opportunities, including fishing, hiking, and wildlife viewing, which are integral to the local culture. Annual events such as the Kenai River Festival highlight the community's connection to the natural world and its commitment to environmental stewardship.

Kenai's housing market offers a blend of residential styles, with single-family homes being a significant portion of the market. These homes often feature a mix of traditional and cabin-style architecture, reflecting the region's natural aesthetic. The market also includes a selection of condos and townhomes, providing options for different lifestyles and budgets. The area's construction history showcases a range of properties, from older, established homes to newer constructions that cater to modern preferences.

About 513 Peninsula Ave

This home is located at 513 Peninsula Ave in Kenai, AK and zip code 99611. This 1,680 square foot home, which was built in 1977, sits on a 0.20 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $299,000.

The number of listings in Kenai, AK remained the same between March and April 2025. While the average time on the market in April 2025 was 84 days, the median list price was $338,666.

From Rocket Homes Real Estate and based on county public records data.

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