$875,000

Estimated payment $5,430/month

Total Views 3,099
10 Beds
6 Baths
3,828 Sq Ft
$229 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Attached Carport
  • Service High School Rated A-
  • Tile Flooring
  • Baseboard Heating

About This Home

Savvy buyers can take advantage of an assumable VA loan at 4.875% interest rate!Turnkey, fully-updated triplex at 7230 Basel St generating $7,750/mo. All three units feature modern interiors (newer flooring, paint, appliances, refreshed kitchens/baths), in-unit laundry, and a new roof (2023).
Unit 1 - 3BR/2BA leased until Mar 2026 at $2,550/mo.

Unit 2 - 4BR/2BA long-term tenants month-to-month at $2,550/mo.

Unit 3 - 3BR/2BA + oversized 1-car garage, furnished, lease until December 2026 at $2,650/mo (furnishings can convey for seamless mid-term or potential STR).

Owner-occupants can move into one of the units and let the other two units (~$5,200/mo) offset your payment. With an estimated $5,362/mo PITI at 5% down, your personal net out-of-pocket for cost of housing could be ~$200/mo.

Investors could purchase turnkey at $875,000 with estimated $4,617/mo PITI at 20% down. Potential gross income after PITI ~$3,133/mo. That's ~20% pre-expense cash-on-cash Return

Additional highlights: Three large floor plans (one 4BR and two 3BRs), private laundry in every unit, garage for Unit 3, and low near-term capex thanks to 2023 roof and interior upgrades. Strong income from day one with flexibility to adjust strategy at turnover. Please do not disturb occupants. Buyer to verify all information and figures.

Proforma in MLS Docs - Seller is Owner/Agent

Listing Agent

Chris Porter

Real Broker Alaska License #229958 Listed on: 09/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,211

Year Built

  • Built in 1984

Parking

  • 1 Car Attached Garage
  • Attached Carport

Home Design

  • Triplex
  • Block Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,828 Sq Ft Home
  • Vaulted Ceiling
  • Washer and Dryer

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Schools

  • Abbott Loop Elementary School
  • Hanshew Middle School
  • Service High School

Additional Features

  • 10,454 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $270
  • Fuel Expense $378
  • Trash Expense $70
  • Water Sewer Expense $166
  • Gross Income $93,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,211

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Directions: From Lake Otis go west on E 72nd Ave, turn left on Basel Street.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Storage, Vaulted Ceiling(s)
  • Living Area: 3828

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Block
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 9

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 378
  • Trash Expense: 70
  • Annual Water Sewer Expense: 166

Schools

  • Elementary School: Abbott Loop
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10454.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M

Green Features

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 270
  • Annual Gross Income: 93000

Tax Info

  • Tax Map Number: N/A

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

Tax History

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 $9,211 $608,900 $101,300 $507,600
2024 $9,211 $570,500 $101,300 $469,200
2023 $8,866 $520,600 $101,300 $419,300
2022 $8,561 $508,400 $101,300 $407,100
2021 $8,599 $477,200 $101,300 $375,900
2020 $8,153 $479,600 $101,300 $378,300
2019 $7,193 $439,700 $101,300 $338,400
2018 $7,949 $484,700 $93,000 $391,700
2017 $7,817 $499,200 $93,000 $406,200
2016 $3,737 $486,200 $88,100 $398,100
2015 $3,737 $476,300 $88,100 $388,200
2014 $3,737 $439,300 $88,100 $351,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Sale $875,000 +25.2% $229 / Sq Ft
07/05/2022 07/05/22 Sold -- -- --
04/21/2022 04/21/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $699,000 +115.1% $183 / Sq Ft
03/08/2013 03/08/13 Sold -- -- --
01/17/2013 01/17/13 Pending -- -- --
10/07/2012 10/07/12 For Sale $325,000 -- $90 / Sq Ft
Source: Alaska Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed -- First American Title Ins Co
Personal Reps Deed -- Stewart Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $699,000 VA
Previous Owner $260,000 Commercial
Previous Owner $10,000 Purchase Money Mortgage
Previous Owner $255,000 New Conventional
Previous Owner $0 New Conventional
Closed $0 Purchase Money Mortgage
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 25-11650

Alaska Multiple Listing Service

APN: 01413410000