$1,500,000
SOLD JUN 13, 2025
Last list price
28 Beds
12 Baths
10,080 Sq Ft
0.34 Acres

Recently Sold

$149 Per Sq Ft

13 Days on Market

Highlights

  • City Lights View
  • 0.34 Acre Lot
  • 5-minute walk to Charles W. Smith Memorial Park
  • West High School Rated A
  • Baseboard Heating

About This Home

As of June 2025

Well maintained 12 unit apartment building located across from the Sullivan Arena. Secured/common entrance with large units. Four 3 bedroom 1 bath and eight 2 bedroom 1 bath units. Two separate laundry rooms to service both sides of the building. Ample parking. Rental rates range between $1210 and $1600 per unit. Newly drafted leases reflect $1385 for the 2 bed and $1635 for the 3 bed units.

Last Agent to Sell the Property

Brian Broderick

Jack White Real Estate License #12465 Listed on: 01/23/2025

Jack White Real Estate

Last Buyer's Agent

Daniel Benton

Real Estate Brokers of Alaska License #15300

Real Estate Brokers of Alaska

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,511

Year Built

  • Built in 1965

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 10,080 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 12 Full Bathrooms

Parking

  • 20 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • North Star Elementary School
  • Central Middle School
  • West Anchorage High School

Additional Features

  • 0.34 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $15,132

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $1,493
  • Fuel Expense $10,745
  • Insurance Expense $7,012
  • Trash Expense $6,471
  • Water Sewer Expense $8,091
  • New Taxes Expense $9,499
  • Gross Income $181,590

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,511

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • Directions: On E 16th Ave between A St and Gambell St.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 12
  • Total Bedrooms: 28
  • Flooring: Laminate, Vinyl
  • Living Area: 10080

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: City Lights, Mountain(s), Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 20

Utilities

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

Fee Information

  • Annual Fuel Expense: 10745
  • Trash Expense: 6471
  • Annual Water Sewer Expense: 8091

Schools

  • Elementary School: North Star
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 14810.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R4

Green Features

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 1493
  • Annual Gross Income: 181590
  • Insurance Expense: 7012
  • Total Actual Rent: 15132

Tax Info

  • New Taxes Expense: 9499
  • Tax Annual Amount: 16511
  • Tax Map Number: N/A
  • Tax Year: 2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
06/13/2025 06/13/25 Sold -- -- --
02/05/2025 02/05/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $1,500,000 -- $149 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-720

Alaska Multiple Listing Service