NOT LISTED FOR SALE

Estimated Value: $670,000

9 Beds
4 Baths
3,432 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2025

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
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,402

Year Built

  • Built in 1979

Lot Details

  • 6,970

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Aug 28, 2025
Sold by
Bought by
Seller's Agent
Willie Brown
Jack White Real Estate
Buyer's Agent
Sandra Nunes
RE/MAX Dynamic Properties
List Price
$749,900
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Outstanding Balance
$597,675
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,452
Interest Rate
5.54%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,119
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,885
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
8.1%
Mortgage Type
VA

Purchase Details

Closed on
Dec 6, 1988
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,550
Interest Rate
10.29%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
-- First American Title Insurance
-- First American Title Of Alas
-- First American Title Of Alas
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $603,000
Previous Owner $100,000
Previous Owner $360,000
Previous Owner $322,452
Previous Owner $238,119
Previous Owner $224,885
Previous Owner $180,500
Previous Owner $114,550
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
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

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 $8,762 $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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