Investment opportunity in the heart of Homer! This stately home sits on a corner lot along Main Street and has been converted into two spacious apartment units, each offering approximately 1,224 square feet. The main-level unit features 2 bedrooms, 1 bathroom, impressive 10-foot ceilings, hardwood flooring, and original woodwork that adds to the home's character. The upper unit offers 3 bedrooms, 1 bathroom, and an enclosed porch. Both units feature updated kitchens, in-unit washers and dryers, and separate furnaces and water heaters. Approximately 80% of the windows have been replaced. A full basement provides additional storage, while the two-car detached garage provides one parking space for each unit. Additional features include a gravel driveway and city water and sewer. Both units are currently leased, including a long-term tenant in the upper unit, offering an opportunity to add an established rental property to your investment portfolio.

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Based on information submitted to MRED as of September 25, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Property Details of 401 South Main Street

Property Details

Basic Information

Building

Location

Interior Features

Bedrooms

Basement

Utilities and Appliances

Utilities and Appliances

Community

Schools

Other Details

Finance

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

4 Sale Realty Advantage LLC