$749,000
PENDING

1148 W Dr Wasilla, AK 99654

Estimated payment $4,704/month

13 Beds
7 Baths
5,136 Sq Ft
$146 Price per Sq Ft

About This Home

Excellent investment opportunity within city limits! This well-maintained 7-unit multifamily property offers strong, consistent cash flow and solid rental history. Each unit is separately metered and features off-street parking, convenient access to city amenities, schools, and major commuter routes. With low vacancy and proven performance, this property is a great addition to any portfolio.

Listing Agent

Koltan Lucas

The Kibe Lucas Team Keller Williams Realty Alaska Group License #13217 Listed on: 11/10/2025

The Kibe Lucas Team Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 1.02 Acre Lot

Parking

  • 1 Parking Space

Home Design

  • 5,136 Sq Ft Home
  • Block Foundation
  • Metal Roof

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Full Bathrooms

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Community Details

  • 2 Buildings
  • 7 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.02
  • Road Surface Type: Paved
  • Co List Office Phone: 907-357-4663
  • Directions: Parks highway to Lucas, right on nelson, left on lone cub, property on your right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Full Bathrooms: 7
  • Total Bedrooms: 13
  • Living Area: 5136

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air, Separate Meters
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 44431.2
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential (re: City Wasilla)
  • Zoning: RR

Green Features

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Map Number: WA12

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Pending -- -- --
11/10/2025 11/10/25 For Sale $749,000 -- $146 / Sq Ft
Source: Alaska Multiple Listing Service

Source: Alaska Multiple Listing Service

MLS Number: 25-13967

Alaska Multiple Listing Service
Alaska Matanuska-Susitna Borough Wasilla 99654

1148 W Dr, Wasilla, AK

Pending

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Nearby Homes
Koltan Lucas
Listing Agent
Koltan Lucas
Section Image
The Kibe Lucas Team Keller Williams Realty Alaska Group
(907) 357-4663