$1,395,000
PENDING

Estimated payment $8,913/month

Total Views 161
17 Beds
12 Baths
9,360 Sq Ft
$149 Price per Sq Ft

Highlights

  • 0.57 Acre Lot
  • Views
  • 4-minute walk to Wolverine Park
  • West High School Rated A
  • Level Lot

About This Home

Investment Opportunity in South Anchorage! Located near Taku Lake, this 12-unit apartment building offers an attractive mix of 2bedroom & 1bedroom apartments. Tenants enjoy spacious grounds, secured building access, on-site coin laundry, and private balconies for all upper-floor units. Many improvements over the years, including updated boilers/water heaters & unit remodels. Roof does not appear to be original. Most of the windows have been replaced with double pane vinyl. Old owner stated 1 boiler & hot water heater was replaced in 2018. 2nd boiler replaced in 2024 by Sage Mechanical. Last loan was AHFC, and all Health & Safety and Significant Deficiency items were repaired at the time. Professionally managed and manager would love to stay on - offering a competitive management rate. Seller offering to pay for paving and striping bid out of closing proceeds with a full price offer. Building is 100% occupied.

Listing Agent

Michael Kenyon Linn

Buyers Real Estate, LLC License #130187 Listed on: 06/15/2026

Co-Listing Agent

Ayla King

Buyers Real Estate, LLC License #18460

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,540

Year Built

  • Built in 1975

Lot Details

  • 24,829 Sq Ft Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 9,360 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector
  • Property Views

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 12 Full Bathrooms

Parking

  • 12 Parking Spaces
  • 12 Open Parking Spaces

Schools

  • Campbell Elementary School
  • Romig Middle School
  • West Anchorage High School

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $2,173
  • Fuel Expense $6,661
  • Gardener Expense $3,500
  • Insurance Expense $14,000
  • Maintenance Expense $16,000
  • Professional Management Expense $15,504
  • Trash Expense $2,871
  • Water Sewer Expense $4,035
  • Operating Expense $83,917

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,540

Year Built

Built in 1975

Lot Details

0.57 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.57
  • Road Surface Type: Maintained
  • Professional Management Expense: 15504
  • Co List Office Phone: 907-561-2227
  • Directions: C Street to the 76th stoplight, then West. Property fourth building on the right
  • New Construction: No
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 12
  • Total Bedrooms: 17
  • Flooring: Laminate
  • Living Area: 9360

Exterior Features

  • Lot Features: Level
  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Frame
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Parking Features: None
  • Total Parking Spaces: 12

Utilities

  • Security: Smoke Detector(s)
  • Sewer: Public Sewer

Fee Information

  • Annual Fuel Expense: 6661
  • Trash Expense: 2871
  • Annual Water Sewer Expense: 4035

Schools

  • Elementary School: Campbell
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Lot Size Sq Ft: 24829.2
  • Zoning: R2M - Multi Family Residential

Green Features

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 2173
  • Insurance Expense: 14000
  • Maintenance Expense: 16000
  • Annual Operating Expense: 83917
  • Gardner Expense: 3500

Tax Info

  • Tax Annual Amount: 16540
  • Tax Map Number: N/A
  • Tax Year: 2026

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,564 $1,049,000 $158,400 $890,600
2024 $15,333 $949,700 $158,400 $791,300
2023 $15,623 $917,400 $158,400 $759,000
2022 $14,295 $848,900 $158,400 $690,500
2021 $15,061 $835,800 $158,400 $677,400
2020 $14,775 $869,100 $158,400 $710,700
2019 $14,467 $884,300 $158,400 $725,900
2018 $14,222 $867,200 $153,300 $713,900
2017 $13,566 $866,300 $153,300 $713,000
2016 $11,702 $883,300 $154,400 $728,900
2015 $11,702 $849,800 $154,400 $695,400
2014 $11,702 $810,900 $154,400 $656,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2026 06/17/26 Pending -- -- --
06/15/2026 06/15/26 For Sale $1,395,000 +40.2% $149 / Sq Ft
12/31/2019 12/31/19 Sold -- -- -- View Prior Sale
08/23/2019 08/23/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $995,000 +2.1% $106 / Sq Ft
10/16/2015 10/16/15 Sold -- -- -- View Prior Sale
08/17/2015 08/17/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $975,000 -- $104 / Sq Ft
Source: Alaska Multiple Listing Service

Source: Alaska Multiple Listing Service

MLS Number: 26-7146

Alaska Multiple Listing Service
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