Turnagain Multifamily Homes & Duplexes for Sale

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$655,000
- 8 Beds
- 8 Baths
- 3,552 Sq Ft
3901 Merrill Dr, Anchorage, AK 99517

Well-cared-for ranch-style 8-plex in West Anchorage, Turnagain/Spenard area close to airport. Units feature a good sized bedroom, 1 bath, carport w/plug-ins and a storage unit. Situated on a quiet corner close to bike trails and downtown in a sweet neighborhood. Playground with tennis court directly across the street. 5 units are occupied, 3 are vacant.

Brooke McLaughlin Elite Real Estate Anchorage Branch

3901 Merrill Dr, Anchorage, AK 99517
Explore Turnagain
/2
$675,000
- 8 Beds
- 8 Baths
- 3,840 Sq Ft
2604 W 33rd Ave, Anchorage, AK 99517

Well-cared-for ranch-style 8-plex on a large lot. Located in Turnagain/West Anchorage area, units feature 1 large bedroom w/custom built-ins. Building has a coin-op laundry room, storage units for tenants, & car plug-ins for the Alaska winter months. Quietly situated on a dead-end street, near bike trails and downtown Anchorage. 5 units are occupied, 3 units are vacant.

Brooke McLaughlin Elite Real Estate Anchorage Branch

2604 W 33rd Ave, Anchorage, AK 99517
/30
$375,000
- 2 Beds
- 2 Baths
- 1,497 Sq Ft
3443 Wiley Post Loop, Anchorage, AK 99517

Have you been looking for a charming home w/ endless possibilities, this is it! Ideally situated in West Anchorage within walking distance to Lake Hood, parks, coastal trail & the airport. This place is perfect for the first time homebuyer, airbnb, rental property or snowbirder. Enjoy your morning coffee in the courtyard, or cuddle up by the fire after a long day with this 2 bed 2 bath, 2 car

Belinda Burchell Real Estate Brokers of Alaska

3443 Wiley Post Loop, Anchorage, AK 99517
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$685,000
- 5 Beds
- 3 Baths
- 2,480 Sq Ft
3529 W 41st Ave, Anchorage, AK 99517

Gorgeous townhouse-style duplex on quiet street in Spenard. 3-bedroom side has a 2-car garage. 2-bedroom side has a 1-car garage. Property has been meticulously maintained by owner-occupant. Extensive upgrades.

Larry Lindstam Real Estate Brokers of Alaska

3529 W 41st Ave, Anchorage, AK 99517
/2
$680,000
- 8 Beds
- 3 Baths
- 3,816 Sq Ft
3835 Carleton Ave, Anchorage, AK 99517

Conveniently located 4-Plex, close to schools, parks, airport, quick access to downtown. Good investment opportunity, 2 bedrooms, 1bath each unit with decks. There's a coin operated washer and dryer on site. Seller is doing maintenance work and sprucing up first floor units.

Elsa Sargento Real Estate Brokers of Alaska

3835 Carleton Ave, Anchorage, AK 99517

Alaska Anchorage County Anchorage Turnagain

Why Live in Turnagain

Turnagain in Anchorage is a charming neighborhood located on the shores of Cook Inlet, just minutes from Ted Stevens Anchorage International Airport. Known for its walkable streets and abundant natural recreation opportunities, Turnagain is built around the Tony Knowles Coastal Trail, which runs from downtown Anchorage to Kincaid Park, offering scenic routes for walking, running, and biking. The neighborhood features tree-lined streets with traditional ranch-style homes, many with wood siding and side-gabled roofs, as well as contemporary designs with built-in garages. Spacious front yards provide ample space for landscaping and outdoor activities. Turnagain Elementary School is centrally located, while Romig Middle School and the highly rated West Anchorage High School, which offers unique programs like language immersion and a medical academy, are nearby. Lyn Ary Park, a local favorite, includes baseball fields, tennis courts, and a playground. For aviation enthusiasts, the Alaska Aviation Museum and the Point Woronzof Overlook offer insights into the state's rich aviation history and views of planes taking off and landing. Dining options include the popular Rustic Goat, known for its upscale American fare and craft beers. Residents also have convenient access to groceries at Carrs on Northern Lights Boulevard and a direct route to downtown Anchorage via Minnesota Drive. The neighborhood's crime rate is lower than the national average, making it a safer area for families and individuals alike.

Learn more about living in Turnagain

Home Trends in Turnagain, AK

On average, homes in Turnagain, Anchorage sell after 44 days on the market compared to the national average of 70 days. The median sale price for homes in Turnagain, Anchorage over the last 12 months is $386,888, up 27% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$386,888

Median Single Family Sale Price

$389,715

Median Townhouse Sale Price

$394,500

Median 2 Bedroom Sale Price

$659,900

Median 1 Bedroom Sale Price

$249,777

Average Price Per Sq Ft

$285

Number of Homes for Sale

Last 12 months Home Sales

254

Months of Supply

2.20

Median List Price

$421,990

Median Change From 1st List Price

Median Home Sale Price YoY Change

27%

How to Buy a Home How to Finance a Home How to Sell a Home

In Turnagain, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $375,000 to $685,000, there's something for every budget. As of July, 2025 the median home price in Turnagain, Anchorage is $421,990, while the average sale price is $498,786, providing insight into local market trends. On average, multi-family homes spend 44 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and 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 interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Turnagain, Anchorage.

Turnagain Types of Homes for Sale

More About Living in Turnagain

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Boroughs

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.