Tucked near the gateway to Hatcher Pass, this detached four-plex offers an incredible opportunity for investment or multi-generational living. The property features a thoughtfully designed owner's unit with 3 bedrooms, 2 bathrooms, 1600sf and an oversized 728 sq ft garage. Each of the three rental units offers 3 bedrooms, 2 bathrooms, 1,133 sq ft of living space, and a private 359 sq ft garage.While the large unit is currently owner-occupied, the three rental units are fully rented with a strong history of consistent occupancy and no trouble staying leased. Projected market rental income for all four units is approximately $8,000 per month, making this a strong income-producing property. All units are finished with stainless steel appliances, luxury vinyl plank flooring, vaulted ceilings, and a modern, low-maintenance design. Each residence has its own garage, offering added privacy and functionality.
Expenses are minimal, with trash service and seasonal snow plowing being the primary operating costs, which vary depending on the winter. Located on a quiet cul-de-sac with easy access to recreation, schools, and shopping, this property combines strong rental income potential with lifestyle appeal.
Don't miss the rare chance to own a fully detached four-plex in one of Wasilla AND Palmer's most sought after areas!
Last Agent to Sell the Property
Signature Real Estate Alaska License #118364 Listed on: 05/01/2025
Last Buyer's Agent
The Kibe Lucas Team Keller Williams Realty Alaska Group License #500048
Home Type
Est. Annual Taxes
Year Built
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Schools
Utilities
Additional Features
Overview
Building Details
$764,900
Completely remodeled 4 plex. From the exterior siding, doors, windows and paint. To the all new kitchens and baths. New heating systems, washer and dryers in each unit. New rear decks. Tenants pay all their own utilities. The garage is only a storage unit. This property pencils hard with a 8 to 10 cap rate. The buyer could live in the 2 bedroom unit and possibly live there for free.
D'Ette Owen Realty ONE Group Aurora
$945,000
Modern townhouse style 4-plex on a full acre in a peaceful Wasilla neighborhood! Each 3BR, 2.5BA unit offers open-concept living, private garage, master suite w/ walk-in closet, upstairs laundry, and deck access. Built in 2017 with quality finishes, paved parking, and easy access to shopping, dining, and recreation--just 5 minutes to downtown! Big grassy yard, landscaped & huge paved
Dave Johnson Elite Real Estate Group
$779,900
New Triplex built by Choice Homes. Desirable location - lot is adjacent to city limits! Many upgrades to make these units desirable and easy to maintain: quartz countertops throughout, mainly can lights and led lights (some bulbs at easy access areas), washer and dryer closet in each unit, vinyl flooring on first floor and at other wet areas, and asphalt apron spanning the entire building
David Muzechuk Keller Williams Realty Alaska Group of Wasilla
$895,000
Come discover this unique multi-family property featuring a spacious main house with 2 bedrooms and 2 bathrooms, + two additional cozy cabins -- ideal for guests, rentals, or multi-generational living. Located on a generous 2.42 acre-property site, this home offers mountain views and is ideally located directly across from the famous Iditarod Headquarters. Enjoy the convenience of beingclose to
Jessica Hennings Berkshire Hathaway HomeServices Alaska Realty
$840,000
Introducing a remarkable property that truly has it all! This expansive 3,000+ sq ft home offers incredible versatility, totally ready to function as a duplex. It features a massive attached garage, a heated workshop, and heated stables, alongside an unheated quonset and a greenhouse. Additionally, there's a 1 bed/1 bath rental unit with its own attached garage, extra unheated horse stalls,an
Aaron King RE/MAX Dynamic Properties Mat-Su Branch
$1,000,000
Don't miss this unique and versatile income-producing property just 5 miles from the heart of Wasilla! This detached 4-plex sits on a spacious 1.36-acre lot and features three well-maintained townhouse-style units--each offering 3 bedrooms, 1.5 bathrooms, approximately 1,197 sq ft, a 1-car garage, and two stories of comfortable living space. Projected market rental income for all four units
Jeremy Burke Real Broker Wasilla
$980,000
New detached fourplex under construction, ready July 2025! Three 3BD/2BA units with 1-car garages (1,130 SF) and one larger 3BD/2BA unit with 2-car garage (1,410 SF). Quartz countertops, durable LVP flooring, and lots of natural light. Individually metered. Hilltop location at end of cul-de-sac with side doors for future private yards. Turnkey cash flow opportunity!
Chad Stigen Berkshire Hathaway HomeServices Alaska Realty
$895,000
Welcome to Byler Contracting Master C Plan. Enjoy 5-star in-floor radiant heat and attached/heated 1 car oversized garage, beautiful wood cabinets, quartz counter tops and spacious open-concept living area with LVP throughout. Call today for this great investment in your future.
Laura Friesen RE/MAX Dynamic Properties - Eagle River Branch
$794,500
Welcome to the Master E 3.2, 4-plex by Byler Contracting. Each unit has 3 bedrooms, 2 full bathrooms, and an open floor plan for the main living area, In-floor heat throughout, LVP flooring in common areas, W/D hookup in each unit. Foundation in the ground. Framing complete. Estimated Completion is September. Call to today to see if you can still choose your own finishes.
Laura Friesen RE/MAX Dynamic Properties - Eagle River Branch
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Rent | $2,200 | 0.0% | -- |
| 07/02/2025 07/02/25 | Sold | -- | -- | -- |
| 05/04/2025 05/04/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $999,000 | +60.2% | $200 / Sq Ft |
| 05/16/2017 05/16/17 | Sold | -- | -- | -- |
| 04/06/2017 04/06/17 | Pending | -- | -- | -- |
| 04/06/2017 04/06/17 | For Sale | $623,720 | +1034.0% | $126 / Sq Ft |
| 02/01/2017 02/01/17 | Sold | -- | -- | -- |
| 10/17/2016 10/17/16 | Pending | -- | -- | -- |
| 08/13/2016 08/13/16 | For Sale | $55,000 | -- | $16 / Sq Ft |
Seller's Agent in 2025
McKenzie Labuda
Signature Real Estate Alaska
(907) 864-0440
4 in this area
54 Total Sales
M
Buyer's Agent in 2025
Marina Cron
The Kibe Lucas Team Keller Williams Realty Alaska Group
(907) 357-4663
10 in this area
570 Total Sales
M
Seller's Agent in 2017
Mae Hayes
Mat-Su Realty and Appraisal
(907) 982-1449
18 Total Sales
B
Seller's Agent in 2017
Bill Johansen
Keller Williams Realty Alaska Group of Wasilla
Source: Alaska Multiple Listing Service
MLS Number: 25-4909
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