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34965 Yale Street

Soldotna, AK 99669
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Bed 6

Bed

Bath 5

Bath

SqFt2,504

Sqft

Acres1

Acre(Lot)

Five detached rental cabins on just over an acre present a unique acquisition opportunity with established cash flow, flexible tenancy structure, and long-term investment appeal. The property consists of four 480 sq ft 1-bedroom, 3/4 bath cabins plus one newer 580 sq ft 2-bedroom, 3/4 bath cabin. Two cabins were constructed in 1993, two in 2006, and the 2-bedroom cabin was added in 2016, offering 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 approximate ly $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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $685,000

AD Id : 78253290

MLS Id : 26-5143

Beds : 6

Lot Size : 1 Acre

Living Area Size : 2,504

Year Built : 2003

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 5
  • Flooring Information

    Laminate, Linoleum, Carpet, Vinyl
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard

  • Building Information

    Year Built: 2003 Building Area Total: 2504 Construction Materials: Wood Siding, Frame Private Pool: No View: Territorial
  • Exterior Features

    Exterior Features: Fire Pit

  • Lot Information

    Main Square Feet: 1 Acres Lot Size Acres: 1.02 Lot Size Square Feet: 44431.2 Lot Description: Level

  • Listing Price Information

    Listing Price: $685000 Cash, 1031 Exchange

  • Tax Information

    Parcel Number: 05516009 Tax Year: 2025 Annual Tax: $3131.28 Tax Legal Desc: College Village L1 B1

  • Parking Information

    None

  • School Information

    Elementary School: K-Beach
    Junior High School: Skyview
    Senior High School: Soldotna
  • Location Information

    Direction: 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. WaterSource: Well Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
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ByOwner last updated this listing 06/22/2026 @ 04:46

MLS: 26-5143 LISTED BY: Michelle Williams, LPT Realty 877-366-2213 SOURCE: Alaska Multiple Listing Service

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