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34965 Yale Street, Soldotna, AK 99669

Overview
Description
Supplements: ... (Read more) a desirable blend of established occupancy history with newer improvements. Each cabin features its own private deck, individual storage unit, and approximately three dedicated parking spaces. The well-spaced cabin layout creates separation and privacy between units, helping distinguish this property from more typical higher-density rental configurations. Current gross annual income is approximately $65,100 with reported operating expenses of approximately $9,457.19, resulting in an attractive expense ratio of approximately 14.5%. All tenants are currently on month-to-month rental agreements, providing a new owner flexibility for future rent adjustments, occupancy planning, or potential operational changes. Detached multi-cabin investment properties with established income history and flexible tenancy structures remain an increasingly limited asset class in today's market, making this an exceptional opportunity for investors seeking stable long-term income, workforce housing demand, or future upside potential.
Listing Details MLS# 26-5143
Contract Info
- Price-List
- 685000
- Concessions YN
- Yes
- Date-Listing
- 2026-05-08
- Foreclosure/Bank Own
- No
Location Tax and Legal
- Area
- 310 - Kalifornsky Beach
- Street #
- 34965
- Street Name
- Yale
- Arterial
- Street
- Closest USPS Town
- Soldotna
- State
- AK
- Zip Code
- 99669
Property Info
- Realtor.com Type
- Multi-Family
- Construction Status
- Existing Structure
- Beds
- 6
- Bathrooms Three Quarter
- 5
- Bathrooms Total
- 5
- Bldgs-Ttl #
- 5
- Year Built
- 2003
- Year Remodeled
- 2022
- Year Updated
- 2022
- SF-Res
- 2504
- Number of Units
- 5
- SF-Lot
- 44431.2
- Acres
- 1.02
- Prkg Spcs
- 15
- Lot Area Source
- Tax Authority
- Zoning
- UNK - Unknown
- Bathrooms Half
- 0
- Bathrooms Full
- 0
- Garage Spaces
- 0
- Carport Spaces
- 0
Directions and Remarks
- Directions
- From K-Beach Road, turn East onto Poppy Lane toward the college, then right onto Yale Street. Look for signs at the first and second driveways on the right... and prepare to be pleasantly surprised.
Building Info
- Units-# of 1 BR
- 4
- Units- # of 2 BR
- Yes
Mortgage Info
- EM Minimum Deposit
- 7000
More Information
Unit #1
- Bath-Three Qtr
- Yes
- Bedroom
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Parking Spaces
- 3
Unit #2
- Bath-Three Qtr
- Yes
- Bedroom
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Parking Spaces
- 3
Unit #3
- Bath-Three Qtr
- Yes
- Bedroom
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Parking Spaces
- 3
Unit #4
- Bath-Three Qtr
- Yes
- Bedroom
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Parking Spaces
- 3
Unit #5
- Bath-Three Qtr
- Yes
- Bedroom
- 2
- Kitchen
- Yes
- Living Room
- Yes
- Parking Spaces
- 3
Location, Tax and Legal
- Region
- 1 - Southcentral Alaska Region
- Borough/Census Area
- 1B - Kenai Peninsula Borough
- Grid # (Muni Anch)
- N/A
- Tax Map #-Mat-Su
- N/A
- Legal
- College Village L1 B1
- Taxes (Estimated)
- 3131.28
- Tax Year
- 2025
- School-Elementary
- K-Beach
- School-Middle
- Skyview
- School-High
- Soldotna
Multi-Family Type
- Multi Family
- Yes
Listing Terms Financing
- 1031 Exchange
- Yes
- Cash
- Yes
- Owner Finance
- Yes
Exterior Finish
- Wood
- Yes
Heating
- Baseboard
- Yes
Topography
- Level
- Yes
Roof Type
- Metal
- Yes
Construction Type
- Post & Beam
- Yes
- Wood Frame - 2x4
- Yes
- Wood Frame - 2x6
- Yes
Foundation Type
- All-Weather Wood
- Yes
- Block
- Yes
- Sono Tubes
- Yes
- Treated Posts
- Yes
View Type
- Territorial
- Yes
Wtrfrnt-Access Near
- Inlet
- Yes
- Ocean
- Yes
- River
- Yes
Garage Type
- None
- Yes
Wtrfrnt-Frontage
- None
- Yes
Carport Type
- None
- Yes
Flooring
- Carpet
- Yes
- Laminate
- Yes
- Linoleum
- Yes
- Luxury Vinyl
- Yes
- Vinyl
- Yes
Sewer-Type
- Septic Tank
- Yes
Water Source
- Well
- Yes
Access Type
- Gravel
- Yes
- Maintained
- Yes
Features-MultiFamily
- CO Detector(s)
- Yes
- Fire Pit
- Yes
- Handicap Accessible
- Yes
- Shed
- Yes
- Smoke Detector(s)
- Yes
- Tenant Storage
- Yes
- RV Parking
- Yes
Income & Expenses
- Exp-Elec/Yr Avg
- 4407.54
- Exp-Gas/Yr Avg
- 3260.3
- Exp-Mgmt/Yr Avg
- 0
- Exp-Snow/Yard/Yr Avg
- 1141.92
- Exp-Tax & Ins/Yr
- 3131.28
- Exp-Wtr/Swr/Yr Avg
- 0
- Income-Rent Mo Total
- 5425