402 Second Avenue, Seward, Alaska

$1,299,000 REDUCED 9%
  • $1,299,000
  • 10
  • 7,286
  • .28
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4 fully furnished and stocked apartments, with all the extra items to run an established income producing business, with excellent reviews. Each versatile apartment has its own private entrance, kitchen, beds & baths and is well-maintained! Located downtown, property is prime location for guests. 2,000 finished basement area for storage and laundry. Online 3D Tours AvailableMake the most of Seward's growing tourist economy w/ these 4 beautifully remodeled apartments. Each versatile apartment has its own private entrance, kitchen, beds & baths and is well-maintained! Located downtown, property is in prime location for guests to have easy walking access to shops & restaurants. There is even a large finished basement area for storage and laundry. 3D Tours Available! All of the units are fully furnished, with great mountain views! The units each have wireless internet & flat panel televisions with cable/DVD players. The owners have put a lot of energy into upgrading all the units, from painting, adding custom window coverings, and nice plumbing fixtures, to new appliances and furniture as well. Summer of 2108 the building has been insulated and has totally been resided and trimmed with gutters. Apartment 1 Ground level 2 Bed 1 Bath with spacious living room. Queen bed in one bedroom and two singles in the other. The kitchen is well equipped with all the appliances and tools to cook a great meal with a new dining room set off to the side. The living room has a comfortable couch and loveseat combo to enjoy the view of Mt Marathon. Unit 1 has a new Toyo Laser 530 heater (installed 2019) and small electric heater in bedroom Apartment 2 Ground level. Back deck access. Can be 2 separate units 3 Bed (all queen-sized) 3 Bath with a full kitchen, new dining set, and a very nice sitting area with an electric fireplace to add warmth and ambiance. The sitting area has a plush leather recliner and huge sofa comfortable enough for lounging or sleeping. It can be rented as a full unit to sleep up to 8 people or broken down into two separate units. Unit 2 has radiant heat from oil tank/boiler, plus 3 electric fireplaces. Apartment 3 Ground level with bedrooms on main level & in loft 2 Bed 1 Bath so spacious that it can sleep 5-6 people comfortably. It has a large, well-supplied kitchen with new appliances and cooking utensils. For sleeping there is a loft bedroom as well as a bedroom on the main level. Additionally, there is a trundle bed and a large full bathroom. Unit 3 has base board heat and electric fireplace upstairs in bedroom. Apartment 4 Upper level with Bay views. Can be 2 separate units 3 Bed (all queen-sized) 3 Bath with a full kitchen and large living room. Additional bonus room/office space can be used separately from rental for owner use. Each bedroom has its own full bathroom. This unit can be used as one large apartment or split into two units with one of those being a studio apt. Unit 4 has Toyo Stove and baseboard heat and 4 electric fireplaces. Storage/laundry area is 2,000 sq ft and perfect for a workshop, storage, etc - very useful. Additionally, there is a fenced backyard and plenty of parking. 2 car carport attached- left of building.

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Essential Information

  • MLS® # 19-8240
  • Price $1,299,000
  • Bedrooms 10
  • Bathrooms 8.50
  • Square Footage 7,286
  • Acres 0.28
  • Year Built 1950
  • Type Residential
  • Sub-Type B & B in Operation, B & B Potential
  • Style Multi-Level, Two-Story Tradtnl, Other - See Remarks
  • Status Active
  • Annual Tax Amount $2,470
  • Tax Year 2019

Community Information

  • Address 402 Second Avenue
  • Area 365 - Seward - Cooper Landing
  • Subdivision Modern Motors L21A B25
  • City Seward
  • State Alaska
  • Zip Code 99664


  • Features Cable TV, Deck/Patio, DSL/Cable Available, Fire Service Area, In City Limits, Landscaping, Lot-Corner, Mother-in-Law Apt, Paved Driveway, Road Service Area, Shed, View
  • Garages None
  • View Bay, Mountains, Ocean
  • Waterfront None


  • Interior Features Basement, BR/BA on Main Level, Ceiling Fan(s), CO Detector(s), Den &/Or Office, Dishwasher, Electric, Range/Oven, Refrigerator, Smoke Detector(s), Vaulted Ceiling, Washer &/Or Dryer, Window Coverings
  • Heating Baseboard, Monitor, Radiant
  • Has Basement Yes


  • Exterior Vinyl
  • Construction Wood Frame, Wood Frame - 2x4, Wood Frame - 2x6
  • Foundation Unknown - BTV

School Information

Additional Information

  • Date Listed May 25th, 2019
  • Days on Market 319
  • Zoning AC - Auto Commercial
  • HOA Fees 0.00

Listing Details

  • Listing Office: Seward Properties


  • $/SqFt $178

Price & Status History

Date Details
Status Changed from Expired to Active
Status Changed from Active to Expired
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Neighborhood Information

Moderate Residential Turnover, Coastal Area, Large Area(s) of Government Designated Parkland

  • Icon of money $308,000

    Median Price

  • Icon of a grid layout $199

    Median Price/Sqft

  • Icon of a bar graph 98.12%

    Sale/List Ratio

  • Icon of a house 48

    # of Homes SoldWithin the Last Year

  • Icon of a person walking 40/100

    Walk Score®Car-Dependent

  • Icon of a raincloud 71.82″

    Annual Precipitation

  • Icon of a sun 31.10°F /62.40°F

    Avg. Highs -

  • Icon of a cloud and moon 21.30°F /50.30°F

    Avg. Lows -

  • Icon of a group of people 4,766

    PopulationBased on Nearest ZIP Code

  • Icon of a person 45

    Median Age

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Listing information last updated on April 6th, 2020 at 2:34am AKDT.