NOT LISTED FOR SALE
31 Beds
16 Baths
15,571 Sq Ft
0.49 Acres Lot

Sale Details

Date 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

Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,536

Year Built

  • Built in 2009

Lot Details

  • 21,344 Sq Ft 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

0.49 Acres

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,730 $1,439,500 $150,900 $1,288,600
2024 $22,143 $1,371,500 $150,900 $1,220,600
2023 $22,389 $1,314,700 $150,900 $1,163,800
2022 $20,590 $1,222,700 $150,900 $1,071,800
2021 $21,975 $1,219,500 $150,900 $1,068,600
2020 $22,032 $1,296,000 $150,900 $1,145,100
2019 $21,531 $1,316,100 $150,900 $1,165,200
2018 $21,538 $1,313,300 $148,400 $1,164,900
2017 $21,030 $1,342,900 $148,400 $1,194,500
2016 $19,561 $1,373,500 $153,400 $1,220,100
2015 $19,561 $1,344,500 $153,400 $1,191,100
2014 $19,561 $1,299,400 $153,400 $1,146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-11650

Alaska Multiple Listing Service
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