$695,000
$30K PRICE DROP

4321 Thompson Ave Anchorage, AK 99508

Mountain View Neighborhood

Estimated payment $4,416/month

Total Views 4,011
11 Beds
9 Baths
6,551 Sq Ft
$106 Price per Sq Ft

Highlights

  • Unobstructed Views
  • Baseboard Heating
  • 1-minute walk to Duldida Park
  • Tile Flooring

About This Home

8 plex consisting of 2 - 1 bed/1 bath and 6 efficiency units plus a 3 bedroom 1 bath house all on one lot. Both the 8 plex and the house exteriors have been recently repainted, ('24), with new cold and hot water supply piping in entire 8 plex, hydronic system new, new tubs and surrounds in all 8 units as well. Many upgrades easily totalling over $90,000 has been performed in the last year. Rentsrange from 950 to 1075/month. House is $2000/month. Building is compliant with guidelines and qualifications for with AK Housing Finance Corporation or similar programs. 3 tenants currently housed under the Alaska Housing voucher. Additional rental income possible with solving basement egress issue if desired. 4 units have gas stoves with 4 units plumbed for gas stoves but not currently installed. New Burnham Series 2 205E hydronic system (9 zones, full piping replacement, all baseboards elements and enclosures) and a brand new AO Smith hot water heater. All 8 units have new tubs and surrounds with waste and overflow trim kits installed.

Listing Agent

Sam Steele

Jack White Commercial License #15685 Listed on: 09/08/2025

Co-Listing Agent

Alison Lane

RE/MAX Dynamic Properties License #15678

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,784

Year Built

  • Built in 1977

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Bitumen Roof

Interior Spaces

  • 6,551 Sq Ft Home
  • Unobstructed Views
  • Fire and Smoke Detector

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Full Bathrooms

Parking

  • 12 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Mountain View Elementary School
  • Clark Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • 6,098 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 2 Buildings
  • 9 Units

Building Details

  • Electric Expense $4,345
  • Fuel Expense $4,880
  • Insurance Expense $8,242
  • Maintenance Expense $4,196
  • Other Expense $8,761
  • Professional Management Expense $5,461
  • Trash Expense $2,953
  • Water Sewer Expense $2,367
  • New Taxes Expense $542
  • Operating Expense $53,917
  • Gross Income $126,017
  • Net Operating Income $72,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,784

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Professional Management Expense: 5461
  • Co List Office Phone: 907-865-4700
  • Directions: East on Mountain View Drive, left on Park St then right on Thompson Avenue to the complex on the left at the corner of Thompson and Bunn.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Full Bathrooms: 9
  • Total Bedrooms: 11
  • Flooring: Laminate, Tile
  • Living Area: 6551

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Unobstructed
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Metal, Wood Frame - 2x4
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Bitumen/Torch Down, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 12

Utilities

  • Security: Smoke Detector(s)
  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 4880
  • Trash Expense: 2953
  • Annual Water Sewer Expense: 2367

Schools

  • Elementary School: Mountain View
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Clark

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6098.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3

Green Features

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 4345
  • Annual Gross Income: 126017
  • Insurance Expense: 8242
  • Maintenance Expense: 4196
  • Property Net Operating Income: 72100
  • Annual Operating Expense: 53917
  • Total Actual Rent: 10100
  • Income And Expenses Vacancy Allowance: 6060

Tax Info

  • New Taxes Expense: 542
  • Tax Annual Amount: 8784
  • Tax Map Number: N/A
  • Tax Year: 2025

Map

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
09/24/2025 09/24/25 Price Changed $695,000 -4.1% $106 / Sq Ft
09/08/2025 09/08/25 For Sale $725,000 -- $111 / Sq Ft
Source: Alaska Multiple Listing Service

Source: Alaska Multiple Listing Service

MLS Number: 25-11654

Alaska Multiple Listing Service
Alaska Anchorage Borough Anchorage 99508 Mountain View

4321 Thompson Ave, Anchorage, AK

This home is located at 4321 Thompson Ave, Anchorage, AK 99508 and is currently priced at $695,000, approximately $106 per square foot. This property was built in 1977. 4321 Thompson Ave is a home located in Anchorage Municipality with nearby schools including Mountain View Elementary School, Clark Middle School, and Bettye Davis East Anchorage 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
Sam Steele
Listing Agent
Sam Steele
Section Image
Jack White Commercial
(907) 563-5500