Investor opportunity with strong upside potential! This 4-plex features four spacious 2-bedroom, 1-bath units of approximately 960 square feet each. Recent updates include a main sewer line replacement in 2019 and two brand-new gas water heaters. The property offers shared laundry facilities, additional storage space, and abundant off-street parking. One unit is currently in mid-renovation, providing an opportunity for the next owner to complete the project and add value. With additional upside available throughout the property, a little TLC will go a long way on this income-producing multifamily investment.
| MLS # | 26-7335 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 67 |
| Listing Provided By | Congress Realty, Inc | Jared Andrew English |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,848 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | R3 - Multiple Family Residential |
| Acreage | 0.14 |
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Foundation Details | Poured Concrete |
|---|
| Sewer | Public Sewer |
|---|
| Frontage Type | None |
|---|
| Tax Annual Amount | 5534 |
|---|---|
| Tax Year | 2025 |
| Tax Map Number | N/A |
| Tax Legal Description | NELS KLEVEN BLK 5 LT 4 |
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99508 |
| Area | 1A Anchorage Municipality |
| Subarea | Post Rd Glenn Hwy |
| School District | Bettye Davis East Anchorage |
| Elementary School | Mountain View |
| High School | Bettye Davis East Anchorage |
| Listing VS Median (in 99508) | |
Price: $383,000 low | high Med: $322,400 sqft: 3,848 low | high Med: 910 $ / sqft: $100 low | high Med: $363 On site: 67 low | high Med: 28.5 | |
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99508 |
| Area | 1A Anchorage Municipality |
| Subarea | Post Rd Glenn Hwy |
| School District | Bettye Davis East Anchorage |
| Elementary School | Mountain View |
| High School | Bettye Davis East Anchorage |
| Listing VS Median (in 99508) | |
Price: $383,000 low | high Med: $322,400 sqft: 3,848 low | high Med: 910 $ / sqft: $100 low | high Med: $363 On site: 67 low | high Med: 28.5 | |