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Listed price in listed location currency (USD).
$390,000

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MLS® 26-638

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1200 sqft
Garage Yes
Taxes 
Days Active 10
Lot Size 0.14 acres
Approx. Age 1948
Avg. Price Per Sqft $325
MLS® Number 26-638

Property Address: 508 & 506 Madison Ave, Seward, AK, 99664-0539

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to purchase two homes on two individual lots. Each home features 2 bedrooms, 1 bathroom, and approximately 600 square feet. Lots measure approximately 30' x 100' each. Both homes are currently tenant occupied, generating $1, 135 per month per unit plus utilities, for a total of $2, 270/month in gross income.Current leases are in place through May 31, 2026. Located in the Urban Residential zoning district, which allows a variety of residential uses and provides future development flexibility. This is an excellent opportunity for investors, buyers seeking multiple rental units, or those looking to secure side-by-side properties with long-term potential. Buyer to verify all information to their satisfaction. Property includes garage/storage sheds currently used for storage. These structures are nonconforming to current city code and may be required to be removed if modifications are made to any of the existing structures. Buyer to verify with the City of Seward. Please review marketing package under the documents tab for more information!
MLS® Number26-638
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageYes
Approx. Age1948
Basement
DrivewayRV Access/Parking, No Carport, Other
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 24, 2026List Date
$390,000List Price
  • Commute

Commute

Starting Address
Destination Address
508 & 506 Madison Ave, Seward, AK

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