Real Estate Investment Properties for Sale in Kenai, AK

Looking for investment property in Kenai, AK with high ROI ?

Explore a variety of short-term homes & houses in Kenai, AK. Invest wisely with VRBO & Kenai, AK Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Kenai, AK

Search for Multi Family for Sale in Kenai, Alaska. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 4 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
403 Birch St Kenai, AK Beautifully Renovated Duplex in Kenai - Perfect Investment Opportunity! This recently ren...	4 beds \| 2 baths \| 1,344 sq.ft.	$389,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 3.73% Airbnb Rental Income: $1099 Traditional Rental Income: $1903 Airbnb ROI: 0.5% Traditional ROI: 3.73%
513 Peninsula Ave Kenai, AK 513 Peninsula Ave, Kenai, AK 99611 \| Multi Family	2 beds \| 2 baths \| 1,680 sq.ft.	$279,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 5.26% Airbnb Rental Income: $1099 Traditional Rental Income: $2049 Airbnb ROI: 0.23% Traditional ROI: 5.26%
1230 Lilac Ln Kenai, AK 1230 Lilac Ln, Kenai, AK 99611 \| Multi Family	6 beds \| 2 baths \| 2,500 sq.ft.	$419,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 5.13% Airbnb Rental Income: $979 Traditional Rental Income: $2965 Airbnb ROI: -0.82% Traditional ROI: 5.13%
309 Hutto St Kenai, AK 309 Hutto St, Kenai, AK 99611 \| Multi Family	4 beds \| 2 baths \| 1,976 sq.ft.	$325,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 6.83% Airbnb Rental Income: $1540 Traditional Rental Income: $2846 Airbnb ROI: 1.1% Traditional ROI: 6.83%
Other Investment Properties for Sale in Kenai
204 Pamela Ct Kenai , AK SPACIOUS REMODELED HOME + HUGE SHOP! EXCELLENT LOCATION in Kenai city limits in a quiet cu...	3 beds \| 2 baths \| 1,444 sq.ft.	$419,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.85% Airbnb Rental Income: $1099 Traditional Rental Income: $1820 Airbnb ROI: 0.06% Traditional ROI: 2.85%
1350 Angler Dr #1 Kenai , AK 1350 Angler Dr #1, Phillips, AK 99611 \| Condo/Coop	3 beds \| 2 baths \| 1,305 sq.ft.	$349,000	Airbnb cash on cash: -3.38% Traditional cash on cash: 1.11% Airbnb Rental Income: $1099 Traditional Rental Income: $2198 Airbnb ROI: -3.38% Traditional ROI: 1.11%
1350 Angler Dr #5 Kenai , AK 1350 Angler Dr #5, Phillips, AK 99611 \| Condo/Coop	2 beds \| 2 baths \| 866 sq.ft.	$279,000	Airbnb cash on cash: -3.13% Traditional cash on cash: 2.42% Airbnb Rental Income: $804 Traditional Rental Income: $1942 Airbnb ROI: -3.13% Traditional ROI: 2.42%
1350 Angler Dr #2 Kenai , AK 1350 Angler Dr #2, Phillips, AK 99611 \| Condo/Coop	2 beds \| 2 baths \| 866 sq.ft.	$279,000	Airbnb cash on cash: -3.13% Traditional cash on cash: 2.42% Airbnb Rental Income: $804 Traditional Rental Income: $1942 Airbnb ROI: -3.13% Traditional ROI: 2.42%
1350 Angler Dr #3 Kenai , AK 1350 Angler Dr #3, Phillips, AK 99611 \| Condo/Coop	2 beds \| 2 baths \| 866 sq.ft.	$279,000	Airbnb cash on cash: -3.13% Traditional cash on cash: 2.42% Airbnb Rental Income: $804 Traditional Rental Income: $1942 Airbnb ROI: -3.13% Traditional ROI: 2.42%
1350 Angler Dr #4 Kenai , AK 1350 Angler Dr #4, Phillips, AK 99611 \| Condo/Coop	2 beds \| 2 baths \| 866 sq.ft.	$279,000	Airbnb cash on cash: -3.13% Traditional cash on cash: 2.42% Airbnb Rental Income: $804 Traditional Rental Income: $1942 Airbnb ROI: -3.13% Traditional ROI: 2.42%
220 Susieana Ln Kenai , AK 220 Susieana Ln, Kenai, AK 99611 \| Single Family Residential	5 beds \| 2 baths \| 2,300 sq.ft.	$535,000	Airbnb cash on cash: 5.66% Traditional cash on cash: 4.51% Airbnb Rental Income: $5041 Traditional Rental Income: $3438 Airbnb ROI: 5.66% Traditional ROI: 4.51%
2795 Watergate Way Kenai , AK 2795 Watergate Way, Kenai, AK 99611 \| Single Family Residential	3 beds \| 4 baths \| 2,884 sq.ft.	$695,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 3.27% Airbnb Rental Income: $1099 Traditional Rental Income: $3624 Airbnb ROI: -1.2% Traditional ROI: 3.27%
L1 & 2 N Lupine Dr Kenai , AK L1 & 2 N Lupine Dr, Phillips, AK 99611 \| Other	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 2.72% Airbnb Rental Income: $979 Traditional Rental Income: $863 Airbnb ROI: 1.22% Traditional ROI: 2.72%
1100 Bridge Access Rd Kenai , AK Lot 1A Bridge Access Rd, Kenai, AK 99611 \| Other	N/A beds \| N/A baths \| N/A	$425,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -0.24% Airbnb Rental Income: $979 Traditional Rental Income: $864 Airbnb ROI: -0.84% Traditional ROI: -0.24%
1609 Pey Dr Kenai , AK 1609 Pey Dr, Kenai, AK 99611 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.2% Airbnb Rental Income: $979 Traditional Rental Income: $864 Airbnb ROI: 1.55% Traditional ROI: 3.2%
5744 Kenai Spur Hwy Kenai , AK 5744 Kenai Spur Hwy, Phillips, AK 99611 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.19% Airbnb Rental Income: $979 Traditional Rental Income: $863 Airbnb ROI: 1.55% Traditional ROI: 3.19%
5263 Kenai Spur Hwy Kenai , AK 5263 Kenai Spur Hwy, Phillips, AK 99611 \| Other	N/A beds \| N/A baths \| N/A	$89,000	Airbnb cash on cash: 3.98% Traditional cash on cash: 7.13% Airbnb Rental Income: $979 Traditional Rental Income: $901 Airbnb ROI: 3.98% Traditional ROI: 7.13%
Corner S Willow St & Frontage Rd Kenai , AK Corner S Willow St & Frontage Rd, Kenai, AK 99611 \| Other	N/A beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 2.22% Airbnb Rental Income: $979 Traditional Rental Income: $988 Airbnb ROI: 0.45% Traditional ROI: 2.22%

Your search for investment property begins and ends here

Multi Family for Sale in Kenai, AK

403 Birch St

Kenai, AK

4 beds | 2 baths | 1,344 sq.ft.

$389,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $1099

Traditional Rental Income: $1903

Airbnb ROI: 0.5%

Traditional ROI: 3.73%

513 Peninsula Ave

Kenai, AK

2 beds | 2 baths | 1,680 sq.ft.

$279,000

Airbnb cash on cash: 0.23%

Traditional cash on cash: 5.26%

Airbnb Rental Income: $1099

Traditional Rental Income: $2049

Airbnb ROI: 0.23%

Traditional ROI: 5.26%

1230 Lilac Ln

Kenai, AK

6 beds | 2 baths | 2,500 sq.ft.

$419,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 5.13%

Airbnb Rental Income: $979

Traditional Rental Income: $2965

Airbnb ROI: -0.82%

Traditional ROI: 5.13%

309 Hutto St

Kenai, AK

4 beds | 2 baths | 1,976 sq.ft.

$325,000

Airbnb cash on cash: 1.1%

Traditional cash on cash: 6.83%

Airbnb Rental Income: $1540

Traditional Rental Income: $2846

Airbnb ROI: 1.1%

Traditional ROI: 6.83%

Other Investment Properties for Sale in Kenai

Kenai , AK

3 beds | 2 baths | 1,444 sq.ft.

$419,000

Airbnb cash on cash: 0.06%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $1099

Traditional Rental Income: $1820

Airbnb ROI: 0.06%

Traditional ROI: 2.85%

Kenai , AK

3 beds | 2 baths | 1,305 sq.ft.

$349,000

Airbnb cash on cash: -3.38%

Traditional cash on cash: 1.11%

Airbnb Rental Income: $1099

Traditional Rental Income: $2198

Airbnb ROI: -3.38%

Traditional ROI: 1.11%

Kenai , AK

2 beds | 2 baths | 866 sq.ft.

$279,000

Airbnb cash on cash: -3.13%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $804

Traditional Rental Income: $1942

Airbnb ROI: -3.13%

Traditional ROI: 2.42%

Kenai , AK

2 beds | 2 baths | 866 sq.ft.

$279,000

Airbnb cash on cash: -3.13%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $804

Traditional Rental Income: $1942

Airbnb ROI: -3.13%

Traditional ROI: 2.42%

Kenai , AK

2 beds | 2 baths | 866 sq.ft.