$224,000
15815 Old Glenn Hwy, Anchorage, AK 99577
Multifamily investment opportunity in Eagle River. 9-Plex with six 1BR/1BA units and three 2BR/1BA units. All offers due by 11/18/2025 at 5pm
Barbara Huntley
Keller Williams Realty Alaska Group
(844) 538-0365
$279,900
3406 Wyoming Dr, Anchorage, AK 99517
Cute ranch style duplex on a roomy lot W/ alley access. Plenty of room to park RV's or build a shop/garage. Unit 1 (left side) is 1 bed, 1 bath comes W/ fridge. Unit 2 is 2 bed 1 bath & comes with fridge. Common laundry area between the units is shared & washer/dryer stay. Show Unit 1 & if further interest schedule unit 2 through showing time. Yard gets great sun & has mature raspberries & Shed
Barbara Huntley
Keller Williams Realty Alaska Group
(855) 359-2829
$475,000
624 Karluk St, Anchorage, AK 99501
This vacant historic triplex is ready for you to invest and earn money. These buildings with stood the 1964 earthquake and are quite nice. Anyone looking for city life will love this place. Close to shops, cafe's, restaurants, and parks. The convenience alone will keep you phone ringing with rental enquiries. Don't miss out, take a look at the attached video's. Red building was the 1st Fire Dept.
Elise Buchholz
Jack White Real Estate Mat Su
(855) 642-2425
$1,599,900
808 W 29th Place, Anchorage, AK 99503
Midtown Side by side 8 plex's featuring 14 Two bedroom units and 2 one bedroom units. Roofs, boilers, windows, decks and stairs have all been recently updated. Most of the units have been updated in the last 5 years. In past some units have done really well as an AIRBNB with close proximity to the airport. Buildings are professionally managed. Current Cap is almost 8%
Peter Carpenter
EXP Realty, LLC
(888) 416-9257
$459,000
1808 W 47th Ave, Anchorage, AK 99517
2018 complete remodel of both units New kitchen cabinets, counters, newer flooring and updated throughout. This is a top and down apartment style duplex with fireplaces in both units. Great location close to schools, public transporation, shopping and the two freeways Minnesota and Glenn Highways.
Paul Lambert
Herrington and Company, LLC
(888) 404-8024
$550,000
4309 Wilson St, Anchorage, AK 99503
Fantastic investment opportunity in a prime Anchorage location! This 4-plex features spacious 3-bedroom, 1-bath units, each with its own in-unit laundry, a highly desirable perk for tenants & owner-occupants alike. Secured building entrance, plus a large side yard offering room for outdoor use. Centrally located near Midtown and just a quick drive to Downtown Anchoragethis property attracts
Dar Walden Keller Williams Realty Alaska Group
$800,000
2731 Lee St, Anchorage, AK 99504
Amazing fourplex gem in the heart of Anchorage! This property has everything that renters are looking for! Individual heated garages, in-unit laundry, plenty of parking, & conveniently located just minutes away from the hospital, university, military base, shopping, trails, & more! If you're looking for an investment property, it doesn't get better than this. Schedule to see it today!
Tae Yoon Real Broker Alaska
$240,000
305 Gaylene Cir, Anchorage, AK 99504
Welcome to this charming two-bedroom, one-and-a-half-bath home tucked away on a quiet street in Northeast Anchorage. This cozy residence offers a comfortable layout with an open living and dining area that flows naturally into the kitchen, perfect for everyday living or entertaining. Upstairs, you'll find two spacious bedrooms and a full bath, providing ample room for rest and relaxation. The
Nyeem Johnson Real Broker Alaska
$270,000
10529 Boysen Berry Place, Anchorage, AK 99515
NO HOA!!! - this well maintained townhouse is conveniently located in South Anchorage near O'Malley and Old Seward. The property has a large covered deck, fenced backyard, and two storage sheds. Responsible ownership backed by a recent home inspection awaiting your review. See more photos, videos, virtual tours, documents, and more on Zillow! Ready to make your move
Adam Holzer Herrington and Company, LLC
$549,900
21332 Settlers Dr, Chugiak, AK 99567
Excellent investment opportunity! This well-maintained duplex offers 1800 sqft of spacious living on both sides, each featuring 3 bedrooms and 1.5 baths. Recent updates include a new roof installed in August 2025, new bathroom and flooring in Unit B, and a new water heater in Unit A (November 2025).Each unit offers a comfortable layout with generous living areas, functional kitchens, and in-unit
Timothy Whitney United Country Real Estate Alaskan Properties
$310,000
8141 Rovenna St, Anchorage, AK 99518
Charming 2 bedroom home with half bath downstairs and full bath upstairs - both updated! Large front and back decks for great sun exposure. Enjoy a cozy gas fireplace, spacious bonus loft. Fenced backyard with a shed and small firepit. Plenty of crawlspace storage. Well-maintained and full of potential--move in and make it your own!
Shawna Paquin Jack White Real Estate
$749,990
500 San Juan Cir, Anchorage, AK 99504
Live in one unit and rent the others! This well-kept 4-plex in Northeast Anchorage offers spacious units, updated interiors, and steady rental demand. Close to JBER, schools, parks, and shopping, it's perfect for house hackers seeking affordability, convenience, and long-term wealth potential in Anchorage's strong rental market.
Tyler Cobb Real Broker Alaska
$239,500 Open Sun 1PM - 4PM
8150 Lamplighter Ct, Anchorage, AK 99502
Great Southside townhome, newer counter tops in kitchen, huge driveway that is large enough for 8 cars and or RV parking or a boat. Large backyard for pets. 2 spacious decks for entertaining. Take a look. This is a great deal at this price.
Nate Baer LPT Realty
$675,000
9122 Lakehurst Dr, Anchorage, AK 99502
Excellent opportunity for investor or owner occupant to purchase this west side townhouse style duplex with detached 2 car garages for each unit. One 3 bedroom unit and one 2 bedroom unit (ranch, single level). New gravel walkways, entry trex decks, carpet & paint in left side, vinyl windows in '11, roof in '16, other updates and mountain views. A great west Anchorage location and READY to go!!
Hunter Burton RE/MAX Dynamic Properties
$125,000
3409 Oregon Dr, Anchorage, AK 99517
6 plex building with considerable fire damage.Bottom 2 units may only need rehab, but the 2 upper floors may have extensive damage. Great location.
Teri Hensel Herrington and Company, LLC
$575,000
4209 Hayes St, Anchorage, AK 99503
Very Unique Midtown Duplex within 4 minutes of the airport. 2 Stand Alone Homes, each with Garage and Privacy. Both Nicely Updated. 2 Bedroom currently used as Air BNB. Larger home is rented $2850 +G&E thru January 2026. Quaint older neighborhood with lots of upgrades happening around you. See smaller unit, then, if interested, book a showing of the 4 Bedroom.
Gary Cox Real Estate Brokers of Alaska
$521,000
2401 W Marston Dr, Anchorage, AK 99517
Outstanding duplex offering approximately 1,480 square feet of total living space, featuring two well-maintained units, each with 2 bedrooms and 1 full bath. Situated on a nearly quarter-acre lot, this property provides ample outdoor space, including a large yard for tenants or owner occupants.Each unit offers a functional floor plan with comfortable living areas, efficient kitchens, and natural
Tammy Stewart Berkshire Hathaway HomeServices Alaska Realty
$505,000
3400 N Star St, Anchorage, AK 99503
Don't miss this well-maintained multi-family property located in the heart of Midtown Anchorage! This property offers excellent income potential and recent updates that make it truly move-in ready for tenants or owner-occupants.It features a new roof installed in 2025, fresh interior paint, updated flooring throughout, numerous updates for long-term peace of mind, and is conveniently located near
Pristine Christie EXP Realty, LLC Anchorage
$2,100,000
545 E 11th Ave, Anchorage, AK 99501
Downtown 15plex! New interior hallway remodel. Excellent historical cash-flow. Only a few blocks from the Park Strip on a quiet, dead-end road. All units have carports/plugins & secured/heated storage lockers. Separate electric meters. Upper units have private balconies. 100% occupied with well-qualified tenants! New, central fire alarm installed in 2023. 14x1bed/1bath & 1x3bed/1bath.The 1bedroom
Ayla Rogers Buyers Real Estate, LLC
$520,000
432 N Bunn St, Anchorage, AK 99508
Great investment opportunity for investors. 4-Plex with 8 bedrooms and 4 bathrooms. New Paint and New Roof !!! Here is your chance to own your own property and be a landlord. Listing Licensee is related to Seller.
Kim Khamleu RE/MAX Dynamic Properties
$400,000
4000 Iowa Dr, Anchorage, AK 99517
Location, Location, Location! Duplex in convenient proximity to the airport to capitalize on the airbnb market. Steps are not a problem on this ranch style layout with each unit consisting of 2 beds &1 bath.Long time tenants on both sides.
Belinda Burchell Real Estate Brokers of Alaska
$745,000
1016 W 25th Ave, Anchorage, AK 99503
Midtown four-plex in a prime rental area! Three of the four units have been remodeled, with updated interiors and fresh exterior paint. Two units offer in-unit laundry; the other two share a common laundry room. Fenced yard, possible expansion potential for an additional unit - BTV. Excellent opportunity for investors or owner-occupants near Midtown Mall and Bear Tooth Theatre pub!Fantastic
Kerry Perkins Better Homes and Gardens Real Estate Dream Makers
$360,000
2028 Shepherdia Dr, Anchorage, AK 99508
Large townhouse in the UMED district, living room, kitchen, dining and half bathroom downstairs. 2 bedroom and 2 bathrooms upstairs with the laundry room. Vaulted ceilings, fireplace and laminate floors, sliding door to patio off the dining room. Property is being sold as-is. Boiler replaced 2020. HOA dues $1300 per year.
Sandra Nunes RE/MAX Dynamic Properties
$375,000
2205 Barrow St, Anchorage, AK 99503
5 minutes from Downtown. 5 minutes from Midtown. Close to bike trails and baseball fields. Duplex. Upstairs will be liveable. Downstairs can be a 2nd apt, a MIL, a shop or just make it a large family home! Possibilities are endless!
James W. Black III RE/MAX Dynamic Properties
$1,447,000
1471 W 26th Ave, Anchorage, AK 99503
Excellent Multi-Family location. Vacant 15 Unit Apartment that needs complete rehab. Unit mix is 2 efficiencies, 6-1 bedrooms, and 7-2 bedrooms. Total projected monthly rent ($20,500.00). Efficiencies ($1,200.00), 6-1-Bedrooms ($1400.00), 2-2 Bedrooms ($1550.00), and 4 townhouse-style 2 bedrooms ($1650.00). Current Bids for roof, boiler/water, and exterior paint at $235,000.00.
Joseph Miller Real Broker Alaska
$295,000
3618 Aldren Cir, Anchorage, AK 99517
Beautifully updated zero-lot-line home in a prime Westside location! Just minutes from the airport, schools, parks, and midtown, this move-in-ready gem offers easy living with no homeowner dues. Recent updates include all new kitchen cabinets, counters and appliances. New water heater - 2024. Enjoy a fully fenced large backyard with plenty of room for toys. The deck is plumbed for a gas BBQ.All
Debbie Mumma Real Estate Brokers of Alaska
$525,000
540 Mumford St, Anchorage, AK 99508
Priced to sell! East-side fourplex is being sold in an as-is, where-is condition with 100% full occupancy and excellent upside potential.
Manny Rodriguez Jack White Commercial
$434,000
611 Bragaw St, Anchorage, AK 99508
Great Duplex ready to rent or utilize for Assisted Living. Property has been used as assisted living in the past and met standards previously. Very well maintained, fresh paint, newer roof, new boiler. New privacy and chain link fences. Ready for investment now! Each unit 3 beds, 1 bath. Laundry in both units. Large parking area and yard space.
Mackie Derrick CORE Real Estate Group, LLC.
$590,000
716 N Flower St, Anchorage, AK 99508
$7000+ investment income! Fully remodeled 4-plex! Great Income! Everything checks off on this investment! plenty of parking even has a Dream storage unit. 2 of the units have WASHER/DRYER connections. Amazing tenants with $6850 in rental income + $300 in coin-op
Bernard Powell Real Broker Alaska
$575,000 Open Sat 1PM - 4PM
7446 Nathan Dr, Anchorage, AK 99518
IMAGINE owning or investing in this centrally located multi-family gem on a dead end! The primary unit lives like a single-family home with vaulted ceilings, a cozy gas fireplace, and laundry on both sides. Enjoy a spacious lot with Little Campbell Creek flowing through. New paint, SS appliances, and many updates, this move-in-ready property offers comfort, versatility, and investment appeal!
Joslyn Blanchard Jack White Real Estate
$625,000
4207 Cope St, Anchorage, AK 99503
Don't miss out on this feature packed 4-plex property which has 2 stand alone units and 1 duplex. Every unit has a private yard/deck. In unit w/d and separate gas/elec meters for better cashflow! Living in a SFH in a 4-plex is a rare opportunity. The two SFH units have been significantly remodeled w/newer roofs, window &, cosmetic updates. Tenants need a 24-hour notice
Valerie Ritz Real Broker Alaska
$385,000
3523 Thompson Ave, Anchorage, AK 99508
This is the duplex you've been waiting for! The exterior of this classic Alaskan log home was recently completely professionally sanded, refinished, and re-chinked to keep it airtight and weather free for many more winters. Upstairs a 3BD/1BA is ready for a new owner-occupant . Downstairs a newly remodeled large1BD, and a huge fenced yard perfect for kids, dogs, volleyball and BBQs.
Michael Kenyon Linn Buyers Real Estate, LLC
$580,000
330 N Bliss St, Anchorage, AK 99508
PRIME 4-PLEX INVESTMENT PROPERTY!Excellent opportunity to own a fully occupied 4-unit multifamily property, with long term tenants. Each unit features a functional layout designed for comfortable living, with steady tenant demand in the area providing consistent income.''coin-op'' laundry facility W/ digital payment option, maintained by a third party, provides additional income!Located near
Zachary Boyer Solstice Realty
$329,900
3731 Mccain Loop, Anchorage, AK 99503
Location, Location, Location! Duplex in convenient midtown location. Upstairs unit is spacious and updated 2 bedroom 1 bath. Downstairs unit is 1 bedroom 1 bath. An insulated 12'x14' shed is included with the property. Perfect for STR. Check this one out today!
Gary Cox Real Estate Brokers of Alaska
$639,000
158 Dean Place, Anchorage, AK 99504
Well-maintained 4-plex featuring three 2-bedroom units and one spacious 3-bedroom unit. Property offers a fenced yard, ample parking, and a secured storage area for tenants. Strong rental history and a convenient location make this an excellent investment opportunity. VA assumable loan available for qualified buyers at 2.25%.
Daniel Potts RealtySimple
$549,000
4302 Forrest Rd, Anchorage, AK 99517
2 adjacent lots give almost a half acre of room. The back of the property gives ample space for boats & RV storage.Unique Spenard property located on a dead end street gives a neighborhood feel while being close to commercial amenities. 5 minute access to Lake Hood, Lake Spenard & the airport.Duplex upfront on the property allows flexibility for living in one side & a renting the other. More.Fish
Jo Smith JEMS Real Estate
$460,000
730 Dogwood St, Anchorage, AK 99501
Spacious 5 Bedroom, 3 Bathroom home in Government Hill with duplex potential! Features include a large primary suite, flexible layout with 2nd kitchen, and multiple living areas. Exterior boasts an attached 2-car garage, carport, chicken coop, and gorgeous landscaped garden. Conveniently located near downtown, JBER, parks, schools, and trails--rare opportunity! Schedule your showing today!
Mary Cox RE/MAX Dynamic Properties
$1,650,000
409 W Northern Lights Blvd, Anchorage, AK 99503
Very motivated seller, bring all offers. Excellent cash flow from long-term tenants at this AAA location mixed-use investment. The property includes retail, shop, and 2nd-floor residential units-newly remodeled with strong lease history and meticulous maintenance. 6 residential units, 2 commercial/retail units, and 1 shop/warehouse unit. Financials available.
Andrew Ingram Jack White Commercial
$290,000
6301 Newt Dr, Anchorage, AK 99507
Imagine coming home to a charming ranch-style ZZL with gorgeous laminate flooring throughout, a bright open concept layout, and large windows that fill the space with natural light. The kitchen shines with stainless steel appliances, and with no stairs, everything you need is on one level.Step outside to your fully fenced backyard, complete with a spacious shed for all your storage needs.Enjoy
Adrian Jaime Real Broker Alaska
$449,500
2213 Eagle St, Anchorage, AK 99503
GREAT midtown location with HUGE 11,200sqft lot big enough to build a dream shop with apartment above it! Chester Park Trail out front door. Public transport nearby! Upgraded to city water a few month ago.
Bernard Powell Real Broker Alaska
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Anchorage residents enjoy year-round outdoor recreation across 250 miles of trails and 11,000 acres of parkland. The Tony Knowles Coastal Trail stretches 11 miles along Cook Inlet, providing scenic views for cyclists and walkers. Chugach State Park delivers wilderness adventures through hiking trails and wildlife viewing, while Kincaid Park features extensive trail networks for hiking and disc golf. The Alaska Native Heritage Center and Anchorage Museum showcase the region's rich cultural heritage. Local dining highlights include Snow City Cafe's unique breakfast offerings and Club Paris, one of downtown's longest-running restaurants.
The housing market features varied options across distinct neighborhoods. The median sale price in Anchorage is $395,000. Single family homes in South Addition command a median price of $580,000, while Midtown's median price sits at $350,500. Rogers Park homes reach a median of $485,000, and Hillside East homes achieve a median of $770,000. Condominiums present more affordable options, with median prices of $151,000 for one bedroom units and $220,000 for two bedrooms.
Living costs run 23.3% above the national average. A family with school-age children needs approximately $130,000 annually to live comfortably, while renters should aim for $65,000. Monthly grocery costs average $2,000 for families and $900 for renters. Housing expenses typically reach $3,200 monthly for families and $2,300 for renters. Alaska charges no state income tax or state sales tax, though local sales tax averages 1.82%.
The city maintains strong educational options, including West High School and Bayshore Elementary among its top-rated public schools. Private institutions like Pacific Northern Academy and Saint Elizabeth Ann Seton School have earned A+ ratings. The University of Alaska Anchorage serves as the city's primary higher education institution.
On average, homes in Anchorage, AK sell after 31 days on the market compared to the national average of 53 days. The median sale price for homes in Anchorage, AK over the last 12 months is $390,000, up 3% from the median home sale price over the previous 12 months.
In Anchorage, homebuyers often seek practical, weather-ready features and styles that reflect the city’s rugged beauty and seasonal extremes.
In Anchorage, there are currently 85 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $125,000 to $6,975,000, there's a range to accomodate every budget. As of November, 2025 the median home price in Anchorage is $400,000, while the average sale price is $443,293, offering insights into the local housing market. On average, multi-family homes spend 31 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Anchorage, AK.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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