NOT LISTED FOR SALE

2700 Mcrae Rd Anchorage, AK 99517

Spenard Neighborhood

Estimated Value: $1,750,000

31 Beds
16 Baths
15,571 Sq Ft
$112/Sq Ft Est. Value

Last Sold February 10, 2025

73 Days on Market

Highlights

  • Home fronts a creek
  • 0.49 Acre Lot
  • Views
  • West High School Rated A
  • 12 Car Attached Garage
  • Forced Air Heating System

About This Home

As of February 2025

This 8-unit community presents a prime investment opportunity for those seeking high returns, low operating expenses, and straightforward management. Gross annual income: $223K. Annual Op Ex: $56K. NOI: $166K. 4-bedroom units increasing to $2,500/mo upon lease expiration allows for increased ROI for an investor after acquisition. Property being sold as-is, where-is.

Last Agent to Sell the Property

Manny Rodriguez

Jack White Commercial License #129593 Listed on: 09/09/2024

Last Buyer's Agent

Rmg Real Estate Group

RMG Real Estate License #500016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,536

Year Built

  • Built in 2009

Lot Details

  • 0.49 Acre Lot
  • Home fronts a creek

Home Design

  • Side-by-Side
  • Block Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Block Exterior

Interior Spaces

  • 15,571 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views

Bedrooms and Bathrooms

  • 31 Bedrooms
  • 16 Full Bathrooms

Parking

  • 12 Car Attached Garage
  • Tuck Under Parking

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $18,750

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $55,662
  • Gross Income $223,300
  • Net Operating Income $177,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,536

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.49
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Refer to Google Maps or any alternative maps application.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Multi Family, Side by Side
  • Year Built: 2009
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 16
  • Total Bedrooms: 31
  • Flooring: Laminate, Luxury Vinyl
  • Living Area: 15571

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, Creek
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Block, Wood Frame - 2x6
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: No Carport, Tuck Under
  • Total Parking Spaces: 12

Utilities

  • Security: Smoke Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 21344.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 223300
  • Property Net Operating Income: 177000
  • Annual Operating Expense: 55662.45
  • Total Actual Rent: 18750

Tax Info

  • Tax Annual Amount: 20536.38
  • Tax Map Number: N/A
  • Tax Year: 2024

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
02/10/2025 02/10/25 Sold -- -- --
12/03/2024 12/03/24 Pending -- -- --
11/13/2024 11/13/24 Price Changed $1,750,000 -12.5% $112 / Sq Ft
10/06/2024 10/06/24 For Sale $2,000,000 0.0% $128 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $2,000,000 -- $128 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Manny Rodriguez

    Seller's Agent in 2025

    Manny Rodriguez

    Jack White Commercial

    (907) 263-9333

    1 in this area

    17 Total Sales

    Manny Rodriguez
    Section Image

  • R

    Buyer's Agent in 2025

    Rmg Real Estate Group

    RMG Real Estate

    (907) 865-8855

    41 in this area

    1,770 Total Sales

    Rmg Real Estate Group
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 24-11650

Alaska Multiple Listing Service

Alaska Anchorage Borough Anchorage 99517 Spenard

2700 Mcrae Rd, Anchorage, AK

This home is located at 2700 Mcrae Rd, Anchorage, AK 99517 since 09 September 2024 and is currently priced at $1,750,000, approximately $112 per square foot. This property was built in 2009. 2700 Mcrae Rd is a home located in Anchorage Municipality with nearby schools including Northwood Elementary School, Romig Middle School, and West High School.

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.

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.

Nearby Homes