J
Seller's Agent in 2024
Justin McGhee
Cornerstone Realty
(907) 350-7077
4 in this area
53 Total Sales
17123 Coronado Rd Eagle River, AK 99577
Eagle River Neighborhood
12
Beds
8
Baths
5,280
Sq Ft
6,534
Sq Ft
About This Home
As of May 2024Introducing an unparalleled investment opportunity: a rare 4-plex situated in the heart of Eagle River, a location marked by its scarcity of multi-family units and historically low vacancy factor. This property not only stands out for its rarity but also offers a compelling value proposition for investors keen on tapping into a high-demand area.With an average rental rate of $1,690 per unit. Each unit, featuring three bedrooms and 2 baths and an exclusive washer and dryer in each unit, ensuring high tenant satisfaction and retention.
This 4-plex is not just a real estate asset; it represents a scarce investment in a prime location with a strong income stream, low vacancy risk, and high tenant appeal. It's an exceptional addition to any investment portfolio, offering a solid blend of income stability and growth potential in Eagle River's thriving rental market.
Capitalize on this unique opportunity to invest in a property that promises both immediate returns and long-term value appreciation.
Last Agent to Sell the Property
Cornerstone Realty License #18120 Listed on: 03/05/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 6,534
Parking
- 8 Parking Spaces
Home Design
- 5,280 Sq Ft Home
- Quadruplex
- Block Foundation
- Shingle Roof
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Full Bathrooms
Schools
- Eagle River Elementary School
- Gruening Middle School
- Eagle River High School
Additional Features
- 6,534 Sq Ft Lot
- Baseboard Heating
- Property Views
Community Details
- 4 Units
- Gross Income $81,120
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | -- | -- | -- |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | For Sale | $750,000 | -- | $142 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History
| 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 | $4,090 | $606,900 | $96,400 | $510,500 |
| 2024 | $4,090 | $590,800 | $96,400 | $494,400 |
| 2023 | $9,332 | $567,300 | $96,400 | $470,900 |
| 2022 | $9,151 | $551,600 | $96,400 | $455,200 |
| 2021 | $9,160 | $517,800 | $96,400 | $421,400 |
| 2020 | $8,824 | $551,500 | $96,400 | $455,100 |
| 2019 | $8,316 | $517,800 | $96,400 | $421,400 |
| 2018 | $8,395 | $522,400 | $92,500 | $429,900 |
| 2017 | $9,153 | $578,600 | $92,500 | $486,100 |
| 2016 | $6,428 | $555,800 | $89,100 | $466,700 |
| 2015 | $6,428 | $513,600 | $89,100 | $424,500 |
| 2014 | $6,428 | $501,400 | $89,100 | $412,300 |
Source: Public Records
Agents Affiliated with this Home
-
Justin McGhee
-
Tyler Cobb
T
Buyer's Agent in 2024
Tyler Cobb
Real Broker Alaska
(907) 297-2922
6 in this area
43 Total Sales
Map
Source: Alaska Multiple Listing Service
MLS Number: 24-2150
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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