4825 Topaz Ave Anchorage, AK 99502
Sand Lake NeighborhoodEstimated payment $5,718/month
Highlights
- 3 Car Attached Garage
- Attached Carport
- 2-minute walk to Jade Street Park
- Tile Flooring
- Level Lot
About This Home
Rare townhouse-style investment opportunity offering exceptional versatility, quality construction, and long-term value. Built by a commercial contractor and meticulously maintained over the years, this one-of-a-kind property can function as a triplex or as a duplex with unit 2 currently connected to unit 1, making it ideal for investors or owner-occupants seeking rental income or space. See more Each unit features its own private entrance, soaring vaulted ceilings, abundant natural light, and thoughtful design. The main level throughout is heated with in-floor radiant heat, while the upper levels are equipped w/baseboard heating. Heated driveways provide added convenience during the winter. Unit 1 welcomes you with dramatic vaulted ceilings and an open-concept living, dining, and kitchen area. The spacious layout includes two bedrooms, two full bathrooms, a large walk-in pantry/laundry room, and an oversized two-car garage with room for 2 full-size pickup trucks. Upstairs, you'll find a versatile bonus room with closets and skylights that open, perfect for an office, guest space, or playroom. Across the hall, there is direct access to Unit 2, allowing the spaces to remain connected or be separated with a wall for complete independence. Unit 2 is an expansive studio apartment featuring impressive ceiling height, abundant natural sunlight, and a loft that provides additional living space. The unit is already plumbed for a kitchenette, making it easy for a new owner to add. This flex space offers tons of potential for a furnished short-term or long-term rental. Currently connected to unit 1 but can be easily separated. Unit 3 offers a spacious layout with two bedrooms, each featuring its own private ensuite bathroom, plus an additional half bath for guests. The unit includes a full kitchen, dining area, and a two-story living room, along with an attached one-car garage. Units 1 and 3 both enjoy access to the backyard, concrete patios for outdoor enjoyment. Each unit also includes its own washer and dryer. Unit 2 does not have a washer/dryer but you can easily add one next to the spiral staircase. Properties of this quality, flexibility, and construction are exceptionally rare.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,414
Year Built
- Built in 1997
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
Parking
- 3 Car Attached Garage
- Attached Carport
- Tuck Under Parking
- Open Parking
Home Design
- Duplex
- Block Foundation
- Shingle Roof
- Composition Roof
- Asphalt Roof
Interior Spaces
- 4,657 Sq Ft Home
- Tile Flooring
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 5 Bedrooms
Schools
- Kincaid Elementary School
- Mears Middle School
- Dimond High School
Community Details
- 2 Units
- Built by Owner Builder
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,747 | $808,500 | $105,600 | $702,900 |
| 2024 | $8,838 | $772,400 | $105,600 | $666,800 |
| 2023 | $11,759 | $690,500 | $105,600 | $584,900 |
| 2022 | $7,864 | $667,000 | $105,600 | $561,400 |
| 2021 | $11,091 | $615,500 | $105,600 | $509,900 |
| 2020 | $7,299 | $630,500 | $105,600 | $524,900 |
| 2019 | $6,968 | $625,900 | $105,600 | $520,300 |
| 2018 | $6,685 | $607,600 | $96,700 | $510,900 |
| 2017 | $6,878 | $609,200 | $96,700 | $512,500 |
| 2016 | $5,249 | $625,700 | $91,200 | $534,500 |
| 2015 | $5,249 | $589,600 | $91,200 | $498,400 |
| 2014 | $5,249 | $564,200 | $91,200 | $473,000 |
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 |
|---|---|---|---|---|
| 07/15/2026 07/15/26 | Pending | -- | -- | -- |
| 07/10/2026 07/10/26 | For Sale | $875,000 | -- | $188 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $379,000 | New Conventional | |
| Closed | $338,000 | New Conventional | |
| Closed | $95,000 | Credit Line Revolving | |
| Closed | -- | New Conventional |
Source: Alaska Multiple Listing Service
MLS Number: 26-8409
APN: 01120137000
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.
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 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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