Palmer, AK Multifamily Homes & Duplexes for Sale

/88
$699,000
- 5 Beds
- 4 Baths
- 4,000 Sq Ft
4552 Ryder Dr, Palmer, AK 99645

This duplex offers a large primary home and an awesome ranch style 2nd unit that is upscale, 1 bed/1 bath. Could easy work as an Air BnB, mid-term rental or a long term rental. Also could be used for multi-generational living. The finishes in both units are not builder grade. This is a custom duplex with nice finishes. 4 total garage spaces. 3 for main unit, 1 for 2nd unit. Large fenced back

Patricia O'Neil Keller Williams Realty Alaska Group of Wasilla

4552 Ryder Dr, Palmer, AK 99645
Explore Palmer
/37
$432,000
- 4 Beds
- 2 Baths
- 2,062 Sq Ft
11945 E Weathervane Cir, Palmer, AK 99645

Rare find in today's market! Partially remodeled 3 Bedroom/2 bathroom main house area with a breezeway connecting to a FULLY-REMODELED 1 bedroom/1 bath suite in the back. Great opportunity for a large family, multigenerational family, or investor. Peaceful, large lot with a huge deck can be used for gardening, games, chickens, goats, pets, so many uses! Check out the pictures and see it SOON!

D'Ette Owen Realty ONE Group Aurora

11945 E Weathervane Cir, Palmer, AK 99645
/54
$3,400,000
- 6 Beds
- 6 Baths
- 4,500 Sq Ft
2930 S Bodenburg Loop, Palmer, AK 99645

A once in a generation opportunity! Multifam & Commercial! The most photographed farm in Alaska! The house is rebuilt from the 26 studs out. Mostly finished. 3br, 2.5 bath, fam room, den, new kitchen. The basement is a separate 2br apt that needs renovation. Plus a nice 1br airbnb unit! PLUS!!...swimming pool, event hall, 1935 era barn, heated garage and large carport/shop, RV prking

Deborah Plessinger-Robbin Anchortown Realty, LLC

2930 S Bodenburg Loop, Palmer, AK 99645
/51
$699,999
- 7 Beds
- 5 Baths
- 3,962 Sq Ft
17690 E Idle Dr, Palmer, AK 99645

Rare Opportunity: Dual Mountainside Homes on 2.57 Acres in Desirable Low-Wind AreaNestled in a sought-after, low-wind microclimate, this exceptional 2.57-acre property features two mountainside homes, offering a unique blend of homesteading potential and income-generating possibilities. Whether you're seeking a multi-family retreat, rental investment, or space to launch a home-basedbusiness, this

Lori Leahy RE/MAX Dynamic Properties Mat-Su Branch

17690 E Idle Dr, Palmer, AK 99645
/85
$1,495,000
- 6 Beds
- 5.5 Baths
- 4,992 Sq Ft
3577 N Clark Wolverine Rd, Palmer, AK 99645

Welcome to your dream Alaska retreat--ideal for multi-generational living or potential income opportunities! Situated on nearly 7 acres, just minutes from Lazy Mountain and downtown Palmer, this extraordinary property offers breathtaking mountain views, frequent wildlife visits, and the perfect combination of privacy, community, and convenience.The main home features 2,616 SQFT of well-designed

Uzzil Christian Jack White Real Estate

3577 N Clark Wolverine Rd, Palmer, AK 99645
/57
$599,000
- 6 Beds
- 3 Baths
- 4,320 Sq Ft
13700 E Outer Springer Loop, Palmer, AK 99645

This is a multi-use property. Unzoned and unrestricted. Full 3 bedroom living areas up and down. Each one is over 2,000 square feet. Also a detached garage, greenhouse and 3,500 square foot shop. On 2.5 acres of land so there is still room for more. Killer view of Pioneer Peak to the south. Only about a mile from downtown Palmer. Easy commute to Anchorage or Wasilla. Watch the video.

Marty Van Diest Valley Market Real Estate

13700 E Outer Springer Loop, Palmer, AK 99645

Alaska Matanuska-Susitna County Palmer

Why Live in Palmer

Palmer, AK, offers a quiet, rustic setting with a blend of valley and highland beauty, surrounded by tall pines and snow-capped ridges. Established in 1916, Palmer has a rich history, with 18 colony buildings from the 1930s and 1940s still standing in its nine-block historic downtown, including the Colony House Museum. Housing options range from established homes to new constructions, including two-story Craftsman homes in the Green Acres community and contemporary homes in Hidden Ranch. Residents enjoy well-kept yards and sometimes sidewalks on the flat streets. The community is prepared for occasional windstorms from the Matanuska River, with homes often featuring metal roofs. Palmer is known for its golf scene, with the Palmer Municipal Golf Course attracting players from across the state. Local athletes also frequent the Sherrod sports complex, which includes a BMX Bike Park and a walking trail along the Matanuska River. The Matanuska-Susitna Borough School District serves the area, with highly rated schools like Swanson and Sherrod elementary schools. Dining options include the family-owned Noisy Goose Restaurant and La Fiesta for Mexican cuisine. Palmer hosts annual events such as Colony Days and the Alaska State Fair, a 14-day event featuring bands, carnival rides, and a giant cabbage weigh-off. Despite its rural nature, Palmer is accessible, with Anchorage about 40 miles away and Palmer Airport serving private planes.

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Home Trends in Palmer, AK

On average, homes in Palmer, AK sell after 59 days on the market compared to the national average of 70 days. The median sale price for homes in Palmer, AK over the last 12 months is $495,000, up 14% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$495,000

Median Single Family Sale Price

$560,000

Average Price Per Sq Ft

$267

Number of Homes for Sale

Last 12 months Home Sales

193

Months of Supply

1.40

Median List Price

$561,500

Median Change From 1st List Price

Median Home Sale Price YoY Change

14%

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

In Palmer, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $432,000 to $3,400,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Palmer is $561,500, while the average sale price is $535,393, offering insights into the local housing market. On average, multi-family homes spend 59 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 Palmer, AK.

Palmer Types of Homes for Sale

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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.