Opportunity knocks with this duplex fix-and-flip in the heart of Anchorage's Fairview neighborhood. This 4-bed, 2-bath property is zoned R2M and offers serious upside for investors willing to roll up their sleeves. The property sustained fire damage. Interiors are partially gutted and require a full rehab. Potential for strong rental income post-rehab. This is Perfect for Buy-and-hold investorsor experienced flippers/developers looking to add value...Cash or hard money only. Buyer to verify all information independently. Showings by appointment only.Features include:"Boarded windows and exterior smoke damage"Exposed framing and ceiling damage inside"Public water/sewer"Wood frame construction (2x4)"Poured concrete foundation"Potential for strong rental income post-rehab"Lot size: 6,250 sq ft Perfect for:"Buy-and-hold investors"Experienced flippers"Developers looking to add value in a high-demand multifamily zone Sold As-Is. No warranties expressed or implied. Cash or hard money only. Buyer to verify all information independently. Showings by appointment only do not disturb occupants or attempt to enter without scheduling.
Directions: Mountain View Drive to South (down the hill) on N Bliss Street. Follow around to the right on Ames and up to the right on N Lane. Property is on the right.
Carport Y N: No
Garage Yn: No
New Construction: No
Structure Type: Duplex
Year Built: 1983
ResoPropertyType: ResidentialIncome
Special Features: None
Interior Features
Number Of Buildings: 1
Full Bathrooms: 2
Total Bedrooms: 4
Flooring: Hardwood, Tile
Living Area: 1536
Exterior Features
View: No
Waterfront Features: No Access, None
Waterfront: No
Construction Type: Wood Siding, Wood Frame - 2x4
Foundation Details: Concrete Perimeter
Property Condition: Existing Structure, Fixer
Roof: Asphalt, Composition, Shingle
Garage/Parking
Attached Garage: No
Parking Features: No Carport, No Garage
Total Parking Spaces: 4
Utilities
Heating: Unknown
Heating Yn: Yes
Sewer: Public Sewer
Water Source: Public
Schools
Elementary School: BTV-Undiscl by LL
High School: Bettye Davis East Anchorage
Middle Or Junior School: Clark
Lot Info
Land Lease Amount Frequency: Monthly
Lot Size Sq Ft: 6098.4
Mobile Dim Units: Feet
Zoning Description: Multi Family Residential
Zoning: R2M
ResoLotSizeUnits: SquareFeet
Green Features
Multi Family
Number Of Units Total: 2
Tax Info
Tax Map Number: N/A
Ownership History
DateNameOwned ForOwner Type
Jan 2025 - PresentEpic Global Llc6 Months
Company
Purchase Details
Closed on
Jan 22, 2025
Sold by
Rmtp Trust and Us Bank National Association
Bought by
Epic Global Llc
Feb 2023 - Jan 2025Rmtp Trust1 Year and 11 Months
Private Individual
Purchase Details
Closed on
Feb 3, 2023
Sold by
Modest Trustee Services Inc
Bought by
Rmtp Trust
May 2018 - Feb 2023Ellis Lorna4 Years and 9 Months
Private Individual
Purchase Details
Listed on
Apr 5, 2018
Closed on
May 14, 2018
Sold by
Pratt Jamie K and The Jamie K Pratt Declaration
Bought by
Ellis Lorna
Seller's Agent
Cody Keim
O'Banion Real Estate and Relocation Services, LLC
Buyer's Agent
Janis Tolbert
Herrington and Company, LLC
List Price
$249,900
Sold Price
$243,400
Premium/Discount to List
-$6,500
-2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.75%
Original Mortgage
$238,991
Interest Rate
4.75%
Mortgage Type
FHA
Dec 2001 - May 2018Pratt Randy D16 Years and 5 Months
Private Individual
Purchase Details
Closed on
Dec 4, 2001
Sold by
Pratt Randy D
Bought by
Pratt Randy D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
1,380 SF 4-plex. Currently used as dry storage for Access Alaska. Four 345sf efficiencies. Limited fixtures and finishes, work needed to operate as a rental. No water currently to the building/property. Previous buyer reports a wood foundation. Property sold As-Is, Where-Is. Sheds and personal property excluded. See MLS #25-1285
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 203 N Lane St, Anchorage, AK 99508 and is currently estimated at $149,000, approximately $97 per square foot. This property was built in 1983. 203 N Lane St is a home located in Anchorage Municipality with nearby schools including William Tyson Elementary School, Clark Middle School, and Bettye Davis East Anchorage High School.
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