NOT LISTED FOR SALE

1240 E 11th Ave Anchorage, AK 99501

Fairview Neighborhood
5 Beds
4 Baths
2,400 Sq Ft
6,970 Sq Ft Lot

Last Sold March 21, 2019

4 Days on Market

Highlights

  • Baseboard Heating
  • Washer and Dryer
  • 5-minute walk to Fairview Lions Park
  • West High School Rated A

About This Home

As of March 2019

Great investment opportunity! Spacious 4-plex with good cash flow. One 2 bedroom unit, two 1 bedroom units and one studio unit. 2 car garage, freshly remodeled common area, plenty of off street parking. Unique units with lots of character. Located close to downtown.

Last Agent to Sell the Property

Adrian Jaime

Real Broker Alaska License #15383 Listed on: 02/01/2019

Real Broker Alaska

Last Buyer's Agent

Brett Renfro

Herrington and Company, LLC License #18522

Herrington and Company, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,970

Parking

  • 6 Parking Spaces

Home Design

  • 2,400 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Fairview Elementary School
  • Central Middle School
  • West Anchorage High School

Additional Features

  • Washer and Dryer
  • 6,970 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,800

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $540
  • Fuel Expense $3,072
  • Trash Expense $1,560
  • Water Sewer Expense $2,220
  • Operating Expense $6,192
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Directions: East on 15th, South on Medfra, property is located at the corner of E 11th & Medfra.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1953
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 2400

Exterior Features

  • Lot Features: City Lot
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure

Garage/Parking

  • Total Parking Spaces: 6

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 3072
  • Trash Expense: 1560
  • Annual Water Sewer Expense: 2220

Schools

  • Elementary School: Fairview
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 540
  • Annual Gross Income: 45600
  • Annual Operating Expense: 6192
  • Total Actual Rent: 3800

Tax Info

  • Tax Map Number: N/A

Range of Values:

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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 Change Sq Ft Price
03/21/2019 03/21/19 Sold -- -- --
02/06/2019 02/06/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $350,000 -- $146 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adrian Jaime

    Seller's Agent in 2019

    Adrian Jaime

    Real Broker Alaska

    (907) 562-6464

    5 in this area

    161 Total Sales

    Adrian Jaime
    Section Image
  • Brett Renfro

    Buyer's Agent in 2019

    Brett Renfro

    Herrington and Company, LLC

    (907) 263-9333

    6 in this area

    193 Total Sales

    Brett Renfro
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-1402

Alaska Multiple Listing Service

APN: 003-113-01-000

Alaska Anchorage Borough Anchorage 99501 Fairview

1240 E 11th Ave, Anchorage, AK

This home is located at 1240 E 11th Ave, Anchorage, AK 99501 since 01 February 2019. This property was built in 1953. 1240 E 11th Ave is a home located in Anchorage Municipality with nearby schools including Dr. Etheldra Davis Fairview Elementary School, Central Middle School of Science, and West High School.

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Alaska Multiple Listing Service 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.

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