40165 Sterling Highway, Soldotna, AK 99669 (MLS# 26-63)

40165 Sterling Highway, Soldotna, AK 99669

$1,100,000
Property Type: Multi-Family Bedrooms: 12 Baths: 8 Square Footage: 4,104 Lot Size (sq. ft.): 33,977 Status: Pending
Current Price: $1,100,000 Last Modified: 2/21/2026

Overview

Description

Calling all investors, great detached 4 plex only two years old, great rental history with tenants already in place, Built with long term no problems with buildings in mind. Nice contemporary look. Each building has its own meters for electric and gas. Super clean and super nice.

Listing Details MLS# 26-63

Contract Info

Price-List
1100000
Date-Listing
2026-01-03
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2026-02-20

Location Tax and Legal

Area
330 - Soldotna
Street #
40165
Street Name
Sterling
Arterial
Highway
Closest USPS Town
Soldotna
State
AK
Zip Code
99669

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
12
Bathrooms Full
8
Bathrooms Total
8
Year Built
2023
SF-Res
4104
Number of Units
4
SF-Lot
33976.8
Acres
0.78
Carport Spaces
4
Prkg Spcs
8
Lot Area Source
Tax Authority
Zoning
UNK - Unknown
Bathrooms Half
0
Bathrooms Three Quarter
0
Bldgs-Ttl #
0
Garage Spaces
0

Directions and Remarks

Directions
From Soldotna heading towards Sterling go past MP 90 at the sign that says Forest Lane that is the drive way into the property. If you go to forest Lane you have gone to far.

Building Info

Builder Name & Co
HD DEVELOPMENT
Units-# of 3 BR
3

More Information

Mortgage Info

EM Minimum Deposit
10000

Unit #1

Bath - Full
2
Bedroom
3

Unit #2

Bath - Full
2
Bedroom
3

Unit #3

Bath - Full
2
Bedroom
3

Unit #4

Bath - Full
2
Bedroom
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
Bergsrud Amended L8 B1 Except That Portion PER D/T 378@ 139
Taxes (Estimated)
5300
Tax Year
2025
School-Elementary
Soldotna
School-Middle
Skyview
School-High
Soldotna
Assessed Value
616200

Multi-Family Type

Quadruplex
Yes

Listing Terms Financing

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Exterior Finish

Metal
Yes
Wood
Yes

Heating

Natural Gas
Yes

Topography

Level
Yes

Roof Type

Metal
Yes

Construction Type

Wood Frame - 2x6
Yes

Foundation Type

Poured Concrete
Yes

Wtrfrnt-Access Near

River
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

Attached
Yes

Flooring

Luxury Vinyl
Yes

Sewer-Type

Septic Tank
Yes

Water Source

Private
Yes
Well
Yes

Access Type

Paved
Yes
Maintained
Yes

Features-MultiFamily

CO Detector(s)
Yes
Smoke Detector(s)
Yes
Washer/Dryer
Yes

Docs Avl for Review

As-Built
Yes
Docs Posted on MLS
Yes

Income & Expenses

Exp-Insurance/Yr Avg
2000
Exp-Mgmt/Yr Avg
4800
Income-Net Operating
83950
Income-Rent Mo Total
8000

Property Features

Multi-Family Type: Quadruplex Exterior Finish: Metal; Wood Roof Type: Metal Foundation Type: Poured Concrete Construction Type: Wood Frame - 2x6 Carport Type: Attached Heating: Natural Gas Sewer-Type: Septic Tank Water Source: Private; Well Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: River Features-MultiFamily: CO Detector(s); Smoke Detector(s); Washer/Dryer Flooring: Luxury Vinyl Docs Avl for Review: As-Built; Docs Posted on MLS Listing Terms Financing: 1031 Exchange; Cash; Conventional; FHA; VA Loan
IDX
Listing Office: Redoubt Keller Williams Realty Alaska Group
Last Updated: February - 21 - 2026
The 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 the site owner are marked with 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. Site contains live data.

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