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Downtown Anchorage Multifamily Homes & Duplexes for Sale

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  • /81

    $895,000

    • 5 Beds
    • 3 Baths
    • 2,808 Sq Ft

    432 W 10th Ave, Anchorage, AK 99501

    Superior location a few blocks from the heart of the city. This gorgeous updated South Addition property w/income producing Owners unit, ADU unit & MIL unit. features an amazing chefs kitchen w/cherry cabinets & granite counters, a primary ensuite w/wash&dry, & 2 FP's. Other 2 units show beautifully. Oversized 2 car garage off alley. See the documents section for list of improvements. See

    Jamie Harvey Jack White Real Estate

    432 W 10th Ave, Anchorage, AK 99501
  • /45

    $595,000

    • 4 Beds
    • 3 Baths
    • 3,200 Sq Ft

    318 W 10th Ave, Anchorage, AK 99501

    OWNER FINANCE this DOWNTOWN PARKSTRIP RENTAL! This TRIPLEX has two unfinished 1 BR units (most materials on site) and a fully functioning and rented 2 Bedroom Aparment. Seller is Open to All Ideas to make this Downtown Investment Property Yours! Perfect for AirBNB or Long-Term Rentals. Basement is plumbed and ready for 2 Additional Units. Ideas? Bring them here! New Roof in September.

    Gary Cox Real Estate Brokers of Alaska

    318 W 10th Ave, Anchorage, AK 99501

Why Live in Downtown Anchorage

Downtown Anchorage offers a blend of small-town charm and urban amenities, making it a vibrant place to live. The neighborhood is primarily a commercial hub with a largely renter-based market, featuring condos with water views and some established bungalows and cottages on the outskirts. These homes, built in the early-to-mid 20th century, are densely constructed but offer ample backyard space. The area is known for its proximity to dining, local retail, and the Park Strip, which hosts numerous activities and events. Students attend schools within the Anchorage School District, including Denali Elementary with its public Montessori curriculum, Romig Middle School with its STEM and Mathletes programs, and West Anchorage High School, which offers a language immersion program and scores above average for college readiness.

There are plenty of things to do in Downtown Anchorage, with a variety of parks and green spaces. Delaney Park, also known as the Park Strip, is the largest park, featuring athletic fields, a seasonal ice rink, a rose garden, and a playground. Town Square Park offers an urban setting with an ice rink in winter and summer concerts, while Elderberry Park provides stunning water views and access to the Coastal Trail. The neighborhood is also home to the Anchorage Fifth Avenue Mall, the Alaska Center for Performing Arts, and the Anchorage Museum, offering a range of shopping, cultural, and educational experiences. Dining options are abundant, from Fire Island Rustic Bakeshop to Tent City Taphouse and Humpy's Great Alaskan Alehouse. Downtown Anchorage provides a lively and convenient lifestyle with its mix of residential charm and urban conveniences.

Home Trends in Downtown Anchorage, AK

Housing Trends

Median Sale Price
$610,000
Median Single Family Sale Price
$610,000
Average Price Per Sq Ft
$231
Number of Homes for Sale
0
Last 12 months Home Sales
6
Months of Supply
0.00
Median List Price
$620,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-46%
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