$670,000
SOLD SEP 2, 2025
Last list price
9 Beds
4 Baths
3,432 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

31 Days on Market

Highlights

  • Views
  • Washer and Dryer
  • Carpet
  • Baseboard Heating

About This Home

As of September 2025

Take advantage of this fantastic investment opportunity! Located in a peaceful cul-de-sac in South Anchorage, this updated 4-plex features three 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit. Recent upgrades include modern appliances and durable LVP flooring.Each unit has dedicated off-street parking, and tenants have access to a shared coin-operated laundry.The property is situated in a desirable residential neighborhood, offering convenient access to schools, parks, shopping, and major commuting routes.

With the potential to increase current rents to market rates, this well-maintained property presents strong income growth for investors. Whether you're looking to live in one unit while renting out the others or expand your portfolio, this 4-plex is an excellent opportunity.

The property also has a Lorex Security System!

Last Agent to Sell the Property

Willie Brown

Jack White Real Estate License #17394 Listed on: 06/18/2025

Jack White Real Estate

Last Buyer's Agent

Sandra Nunes

RE/MAX Dynamic Properties License #104663

RE/MAX Dynamic Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,402

Year Built

  • Built in 1979

Parking

  • 7 Parking Spaces

Home Design

  • 3,432 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Wood Frame Construction
  • Asphalt Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Schools

  • Chinook Elementary School
  • Mears Middle School
  • Dimond High School

Additional Features

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

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $3,821
  • Trash Expense $1,156
  • Water Sewer Expense $1,845

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,402

Year Built

Built in 1979

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Directions: From Jewell Lake, East on 88th, North on Molanary, East on Core Ct., Third property on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Flooring: Carpet, Laminate, Luxury Vinyl, Vinyl
  • Interior Amenities: Storage
  • Living Area: 3432

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Builder Name: Unknown
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 7

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 3821.05
  • Trash Expense: 1155.84
  • Annual Water Sewer Expense: 1845.29

Schools

  • Elementary School: Chinook
  • High School: Dimond
  • Middle Or Junior School: Mears

Lot Info

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

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 8401.85
  • 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

Date Event Price List to Sale Price per Sq Ft
09/02/2025 09/02/25 Sold -- -- --
07/22/2025 07/22/25 Pending -- -- --
07/22/2025 07/22/25 Price Changed $670,000 -4.3% $195 / Sq Ft
07/17/2025 07/17/25 Price Changed $699,900 -4.1% $204 / Sq Ft
07/01/2025 07/01/25 Price Changed $729,900 -2.7% $213 / Sq Ft
06/20/2025 06/20/25 For Sale $749,900 -- $219 / 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 $8,402 $554,900 $103,100 $451,800
2024 $8,402 $520,400 $103,100 $417,300
2023 $8,525 $500,600 $103,100 $397,500
2022 $7,844 $465,800 $103,100 $362,700
2021 $8,410 $466,700 $103,100 $363,600
2020 $8,031 $472,400 $103,100 $369,300
2019 $7,773 $475,100 $103,100 $372,000
2018 $7,631 $465,300 $99,000 $366,300
2017 $7,406 $472,900 $99,000 $373,900
2016 $5,812 $450,000 $95,400 $354,600
2015 $5,812 $422,000 $95,400 $326,600
2014 $5,812 $416,300 $95,300 $321,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-7534

Alaska Multiple Listing Service
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