NOT LISTED FOR SALE

Estimated Value: $645,000

11 Beds
9 Baths
6,551 Sq Ft
$98/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2026

121 Days on Market

Highlights

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

About This Home

As of March 2026

12% cap rate on this - 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. Rents range 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.

Last Agent to Sell the Property

Sam Steele

Jack White Commercial License #15685 Listed on: 12/29/2025

Co-Listed By

Alison Lane

RE/MAX Dynamic Properties

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office License #4999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,784

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

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
  • 12 Open Parking Spaces

Schools

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

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $10,100

Community Details

Overview

  • 2 Buildings
  • 9 Units

Building Details

  • Electric Expense $4,345
  • Fuel Expense $4,880
  • Gardener Expense $800
  • 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
  • Operating Expense $53,917
  • Net Operating Income $72,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,784

Year Built

Built in 1977

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved, Maintained
  • 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.
  • New Construction: No
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Lot Features: Level
  • View: Unobstructed
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x4
  • Foundation Details: Block
  • Roof: Bitumen/Torch Down, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Parking Features: None
  • Total Parking Spaces: 12

Utilities

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

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

  • Lot Size Sq Ft: 6098.4
  • Zoning: R3 - Multiple Family Residential

Green Features

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 4345
  • Insurance Expense: 8242
  • Maintenance Expense: 4196
  • Property Net Operating Income: 72100
  • Annual Operating Expense: 53917
  • Total Actual Rent: 10100
  • Gardner Expense: 800

Tax Info

  • Tax Annual Amount: 8784
  • Tax Map Number: N/A
  • Tax Year: 2025

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

Closed on
Nov 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2006
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
$350,500
Interest Rate
0.0625%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Fidelity Title Agency Ak Llc
-- None Available
$100,000 None Available
-- None Available
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
Previous Owner $350,500
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
03/25/2026 03/25/26 Sold -- -- --
01/07/2026 01/07/26 Pending -- -- --
12/30/2025 12/30/25 For Sale $645,000 0.0% $98 / Sq Ft
12/13/2025 12/13/25 Pending -- -- --
11/26/2025 11/26/25 For Sale $645,000 0.0% $98 / Sq Ft
10/22/2025 10/22/25 Pending -- -- --
10/16/2025 10/16/25 Price Changed $645,000 -5.8% $98 / Sq Ft
10/09/2025 10/09/25 Price Changed $685,000 -1.4% $105 / Sq Ft
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

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 $8,784 $556,300 $45,600 $510,700
2024 $8,457 $523,800 $45,600 $478,200
2023 $8,512 $499,800 $45,600 $454,200
2022 $7,394 $439,100 $45,600 $393,500
2021 $7,841 $435,100 $45,600 $389,500
2020 $7,915 $465,600 $60,300 $405,300
2019 $7,678 $469,300 $60,300 $409,000
2018 $7,657 $466,900 $60,300 $406,600
2017 $7,290 $465,500 $60,300 $405,200
2016 $6,223 $466,900 $60,300 $406,600
2015 $6,223 $453,500 $60,300 $393,200
2014 $6,223 $433,500 $60,300 $373,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-11654

Alaska Multiple Listing Service
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