For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,696 sqft
Price per Sqft $188
MLS Listing ID 26-6987
Sold Date 07/30/26
Bedrooms 12
Full Baths 8
Construction Status Existing Structure
Year Built 1984
Lot Size 0.253 Acres
Acres 0.25
Source Alaska Multiple Listing Service
Property Description
Turnkey South Anchorage 4-plex offering exceptional cash flow and long-term upside. This townhouse-style multifamily property features four spacious 3-bedroom, 2-bathroom units, each with an attached 1-car garage -- a rare amenity that commands strong tenant retention in the Anchorage market. Units are thoughtfully designed with vaulted ceilings in the living areas and primary bedrooms featuring walk-in closets, delivering a quality of finish that attracts and keeps quality tenants.
The property sits on an oversized lot backing directly to a greenbelt, providing the privacy and setting more commonly found in single-family neighborhoods -- because that's exactly where it is. Surrounded by owner-occupied homes, this asset benefits from a stable, desirable residential environment that supports consistent occupancy.
Current gross rents of averaging over $2,000 a unit with tenants responsible for gas, electric, AND trash keeps operating expenses lean and puts more income in the owner's pocket. Whether you're a seasoned investor adding to your portfolio or a first-time multifamily buyer looking for a strong performing asset, this property delivers the fundamentals: quality construction, low-maintenance expenses, desirable location, and tenants who take pride in where they live.
Opportunities like this -- townhouse-style units with garages, greenbelt privacy, and a proven rent roll in South Anchorage -- don't come to market often.
Location
State AK
Area 15 - W Tudor Rd - Dimond Blvd
Zoning R2M - Multi Family Residential
Direction Dimond to North on King Street to Oueen Victoria Drive
Interior
Heating Forced Air
Flooring Carpet, Bamboo, Hardwood, Vinyl
Exterior
Parking Features Heated, Attached
Garage Spaces 4.0
Garage Description 4.0
Waterfront Description None
Water Access Desc Public
Roof Type Composition,Shingle,Asphalt
Topography Level
Building
Lot Description Level
Foundation Block, Poured Concrete
Lot Size Range 0.25
Sewer Public Sewer
Water Public
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Taku
Middle Schools Hanshew
High Schools Service
Others
Tax ID 0130723000001
Acceptable Financing AHFC, Cash, Conventional, VA Loan
Listing Terms AHFC, Cash, Conventional, VA Loan
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved
Bought with Real Broker Alaska
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION





