513 Peninsula Ave, Kenai, AK, 99611
About This Home
Rare opportunity to own a duplex in a truly remarkable setting. This two-unit property features one-bedroom units in each side, offering flexibility for rental income, owner-occupancy, or a combination of both. Each unit is thoughtfully laid out for comfortable living, and a shared laundry area adds convenience for tenants or occupants. Set against the stunning backdrop where the inlet meets...the Kenai River, the property captures the kind of view that never gets old. Enjoy ever-changing scenery, from calm waters to active wildlife, all right outside your window. Whether you're looking to expand your investment portfolio or secure a property with both lifestyle and income potential, this duplex delivers a unique blend of function and location. *Unit B is not pictured
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1977
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt,Composition,Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Washer/Dryer
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Flooring: Luxury Vinyl,Tile
Heating
- Heating features: Baseboard,Natural Gas
Interior Area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Details
- Parcel number: 04711605
- Zoning: CC
- Zoning description: Central Commercial
Features
- Has view: Yes
- View description: Inlet,River
- Has water view: Yes
- Water view: Inlet,River
- On waterfront: Yes
- Waterfront features: No Access,Inlet,River Front
- Waterbody name: Kenai RIver
- Topography of land: Bluff,Steep
Lot
- Lot size: 8,712 sqft
- Features: City Lot
Parking
- Total spaces: 2
- Parking features: No Carport,No Garage
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Winter Weather
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kenai Peninsula Borough and Alaska
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,410 | $16,920 |
| Home Insurance | $93 | $1,116 |
| Property Taxes | $205 | $2,460 |
| Electricity | $318 | $3,820 |
| Total | $2,026 | $24,312 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Listed for sale | $279,000 |
| 2025-10-16 | Listing removed | $299,000 |
| 2024-10-15 | Listed for sale | $299,000 |
| 2024-08-21 | Listing removed | $279,000 |
| 2024-08-04 | Price change | $279,000 |
| 2024-05-11 | Listed for sale | $299,000 |
| 2024-04-09 | Listing removed | $299,000 |
| 2023-12-12 | Price change | $299,000 |
| 2023-10-08 | Listed for sale | $349,000 |
| 2022-08-16 | Sold | -- |
| 2022-07-09 | Pending sale | $60,000 |
| 2022-06-01 | Listed for sale | $60,000 |
| 2022-04-30 | Pending sale | $60,000 |
| 2022-04-22 | Listed for sale | $60,000 |
| 2015-08-03 | Sold | -- |
| 2015-01-27 | Listed for sale | $115,000 |
| 2014-10-13 | Listing removed | $110,000 |
| 2014-04-19 | Listed for sale | $110,000 |
View on Zillow