$648,000
SOLD APR 7, 2025
Last list price

6101 Gershmel Loop Palmer, AK 99645

Gateway Neighborhood
9 Beds
4 Baths
6,400 Sq Ft
1.36 Acres

Recently Sold

$101 Per Sq Ft

68 Days on Market

Highlights

  • 1.36 Acre Lot
  • Views
  • Washer and Dryer
  • Vaulted Ceiling
  • Baseboard Heating
  • Carpet

About This Home

As of April 2025

Wonderful investment opportunity in an Ideal location with potential to grow and cashflow on this fourplex! It has an unfinished space that could be turned into a 5th unit or short term rental as this property is super close to the hospital, easy commute to Anchorage and close to either Palmer or Wasilla plus all the amenities in-between! Gorgeous mountain views and excellent rental history!3 of the units are 2 Large bedrooms and 1 bathroom, 1 unit is 3 generous bedrooms and 1 bathroom. The bottom units have their own fenced in back yard and the top units have their own large decks. Each unit has it's own washer and dryer. Plenty of parking and extra space on this 1.36 acre lot! Fresh front exterior paint last summer. Units C and D have been redone/updated with fresh paint, flooring and appliances in 2023/2024! One unit will be available to owner occupy!

Last Agent to Sell the Property

Hailee Rahm

Signature Real Estate Alaska License #163137

Last Buyer's Agent

Hailee Rahm

Signature Real Estate Alaska License #163137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,904

Year Built

  • Built in 1977

Lot Details

  • 1.36 Acre Lot

Home Design

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

Interior Spaces

  • 6,400 Sq Ft Home
  • Vaulted Ceiling
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking

Schools

  • Machetanz Elementary School
  • Colony Middle School
  • Colony High School

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,904

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.36
  • Road Surface Type: Gravel, Paved
  • Directions: From Parks hwy to trunk road, take frontage road exit off of the roundabout, left on Gershmel loop, turn right at the mailboxes, property is at the back of the lot (Green fourplex)
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex, Other - See Remarks
  • Year Built: 1977
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 6400

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Circular Driveway, No Carport, No Garage
  • Total Parking Spaces: 10

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Machetanz
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 59241.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5904.12
  • Tax Map Number: WA10
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
04/07/2025 04/07/25 Sold -- -- --
02/22/2025 02/22/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $648,000 0.0% $101 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $648,000 0.0% $101 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $648,000 +39.4% $101 / Sq Ft
01/31/2017 01/31/17 Sold -- -- --
11/29/2016 11/29/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $464,900 +27.4% $73 / Sq Ft
07/09/2012 07/09/12 Sold -- -- --
04/02/2012 04/02/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $365,000 -- $57 / Sq Ft
Source: Alaska Multiple Listing Service

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Source: Alaska Multiple Listing Service

MLS Number: 24-14923

Alaska Multiple Listing Service

Alaska Matanuska-Susitna Borough Palmer 99645 Gateway

6101 Gershmel Loop, Palmer, AK

Homes for Sale in Palmer, AK

This home is located at 6101 Gershmel Loop, Palmer, AK 99645 and is currently priced at $648,000, approximately $101 per square foot. This property was built in 1977. 6101 Gershmel Loop is a home located in Matanuska-Susitna Borough with nearby schools including Machetanz Elementary School, Teeland Middle School, and Colony High School.

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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.