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South Addition Multifamily Homes & Duplexes for Sale

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  • /55

    $725,000

    • 4 Beds
    • 4 Baths
    • 2,160 Sq Ft

    1323 W 16th Ave, Anchorage, AK 99501

    Rare Bootlegger Cove duplex just steps to Coastal Trail & Westchester Lagoon. Both units are active short-term rentals w/ reservations through Aug 2025. Left unit (1325) features 2BR/2BA, updated kitchen w/ stainless appliances, & remodeled baths. Right unit (1323) offers 2BR/1BA. Each includes W/D, carport, & space for 3+ vehicles or RV. Great owner-occupy or investment opportunity-live in

    Ralphie Morel RMG Real Estate

    1323 W 16th Ave, Anchorage, AK 99501
  • /77

    $1,025,000

    • 7 Beds
    • 4 Baths
    • 3,224 Sq Ft

    521 N St, Anchorage, AK 99501

    Bootleggers Cove proper triplex! Beautiful triplex between the ocean and downtown Anchorage. Almost every inch of the interior of this home has been recently updated. Each unit has different upgrades but some include Unit A bathroom upgrades, most interior paint, most flooring throughout , new kitchen unit C and much much more! All heating systems recently updated as well. Passive income awaits.

    Taylor Holfeld Keller Williams Realty Alaska Group

    521 N St, Anchorage, AK 99501

Why Live in South Addition

South Addition in Anchorage offers scenic views of the Chugach Mountains and Mount Susitna, also known as the Sleeping Lady. This neighborhood is conveniently close to downtown, providing residents with easy access to city attractions and outdoor recreation. The Tony Knowles Coastal Trail and Delaney Park, with its rose garden, memorials, and recreational facilities, are key highlights. Westchester Lagoon, featuring walking trails, playgrounds, and a disc golf course, is another popular spot for activities like fishing and kayaking. The neighborhood has a mix of ranch-style, Craftsman, and new traditional homes, along with some condos and townhouses. South Addition is primarily residential but includes commercial amenities like the New Sagaya City Market and the Anchorage Farmers Market. Dining options nearby include Club Paris, Biscuitclub, and 49th State Brewing. Students in the area might attend highly rated Inlet View Elementary School and West High School. The neighborhood is safer than the national average, with several bus routes providing convenient transportation to downtown and Ted Stevens Anchorage International Airport, which is 4.7 miles away.

Home Trends in South Addition, AK

Housing Trends

Median Sale Price
$520,944
Median Single Family Sale Price
$360,000
Median Townhouse Sale Price
$480,000
Median 1 Bedroom Sale Price
$299,000
Average Price Per Sq Ft
$228
Number of Homes for Sale
7
Last 12 months Home Sales
49
Months of Supply
1.70
Median List Price
$360,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
50%
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