$565,000
SOLD JUN 18, 2024
Last list price
9 Beds
4 Baths
3,640 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

11 Days on Market

Highlights

  • Views
  • Baseboard Heating
  • Carpet
  • West High School Rated A
  • Washer and Dryer
  • 3-minute walk to Fairview Lions Park

About This Home

As of June 2024

Well maintained fourplex with three two bedroom units and one three bedroom unit. Gross rents are $5,400 with room for growth. Several long term tenants, and two units that have been used as Air-BnB and short term nursing housing in the past. The owner has kept his building well kept and has been updating as units turn. Quick commute to downtown, JBER, and several parks.

Last Agent to Sell the Property

Precision Home Group

RE/MAX - Precision Home Group License #500058 Listed on: 04/19/2024

Last Buyer's Agent

Alaska Realty Experts

EXP Realty LLC - Midtown Anchorage License #500074

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,654

Year Built

  • Built in 1978

Parking

  • 4 Parking Spaces

Home Design

  • 3,640 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Asphalt Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Schools

  • Fairview Elementary School
  • Central Middle School
  • West Anchorage High School

Additional Features

  • Washer and Dryer
  • 6,970 Sq Ft Lot
  • Baseboard Heating
  • Property Views

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,654

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Directions: From Ingra Street, E on E 9th Ave, property is located on corner of E 9th and Medfra
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1978
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Flooring: Carpet, Laminate, Luxury Vinyl
  • Interior Amenities: Storage
  • Living Area: 3640

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block, Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Fairview
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6653.63
  • Tax Map Number: N/A
  • Tax Year: 2023

Similar Homes in Anchorage, AK

  • 726 E 11th Ave, Anchorage, AK 99501

    $567,000

    • 11 Beds
    • 6 Baths
    • 5,904 Sq Ft
    • 726 E 11th Ave
    • Anchorage, AK

    Excellent investment property! Well maintained 6plex. Large units with private balconies. 5-2bedrooms & 1-1bedroom. Professionally managed. New high efficiency heating system, Nicely updated apartments, some with mountain views. Onsite laundry. Keyless entry in all units. Larger package deal available to include neighboring 6plexes (18 total units, offering a discount!). 734&736 W 34th Avenue.

    Ayla Rogers Buyers Real Estate, LLC

    Section Image
  • 525 E 14th Ave, Anchorage, AK 99501

    $560,000

    • 11 Beds
    • 6 Baths
    • 4,264 Sq Ft
    • 525 E 14th Ave
    • Anchorage, AK

    Well maintained, professionally managed Downtown/Third Addition 6-plex. A great investment opportunity with 2 recently refreshed units, plenty of parking in front as well as off the alleyway. Featuring five 2 bed, 1 bath units and one 1 bed, 1 bath unit. Steady rents, low vacancy rate, on site laundry, and central location make this an attractive option for those in the market for a multi-plex.

    Jamie Harvey Jack White Real Estate

    Section Image
  • 1310 Nichols St, Anchorage, AK 99508

    $699,000

    • 7 Beds
    • 4 Baths
    • 4,040 Sq Ft
    • 1310 Nichols St
    • Anchorage, AK

    A property with unique charm and beauty awaits you. Offering multiple investment opportunities, this 7 bedroom 4 bath home with beautiful mountain views, fantastic location, and updates throughout, checks all the boxes. The main house features a large kitchen with stainless steel appliances and is situated perfectly off the living room and dining area. Additionally, the first floor offers two

    Theresa Stimac RE/MAX Dynamic Properties

    Section Image
  • 3940 E 9th Ave, Anchorage, AK 99508

    $590,000

    • 10 Beds
    • 4 Baths
    • 3,568 Sq Ft
    • 3940 E 9th Ave
    • Anchorage, AK

    Conveniently Located Four Plex Strong Income, family friendly fenced yard. Nice upgrades fourplex is ideally situated to schools and shopping and other essential amenities. Property has 2/3 br units and 2/2 bedroom units. Very low vacancy rate annual Solid Investment w/reliable cash flow.

    Kathy Geraci Great Land Property Management, LLC

    Section Image
  • 735 Price St, Anchorage, AK 99508

    $440,000

    • 9 Beds
    • 4 Baths
    • 3,744 Sq Ft
    • 735 Price St
    • Anchorage, AK

    Tucked at the end of a quiet dead-end street surrounded by greenery, this well-maintained 4-plex offers a perfect blend of privacy, convenience, and income potential. Three of the units feature 2 bedrooms and 1 full bathroom, each with its own dedicated storage unit for added functionality. The spacious owner's unit stands out with an extra flex room--ideal for a home office or thirdbedroomas

    Brittainy Bolding Real Estate Brokers of Alaska

    Section Image
  • 4417 San Roberto Ave, Anchorage, AK 99508

    $570,000

    • 8 Beds
    • 4 Baths
    • 4,200 Sq Ft
    • 4417 San Roberto Ave
    • Anchorage, AK

    Great investment opportunity! 4 spacious 2BR/1BA units, each with a fireplace. Upper units offer mountain views. Shared fenced backyard. Conveniently located near military base, shopping, and schools. On-site laundry adds income. Schedule your showing today!

    Brittany Moses EXP Realty, LLC

    Section Image
  • 4111 Grape Place, Anchorage, AK 99508

    $625,000

    • 9 Beds
    • 4 Baths
    • 3,696 Sq Ft
    • 4111 Grape Place
    • Anchorage, AK

    This owner occupied 4 plex is move in ready. Owner will rent back month to month. Tenants are month to month. Market rates $$1600-1800 for 2 Bedroom, $1650-1850 for 3 Bedroom. Owner unit converted to 2 bedroom, easy to convert back to 3. Super nice kitchen. Newer boiler, newer windows, updated vacant unit, dead end street. Great rental area. All rentals month to month.

    Gary Cox Real Estate Brokers of Alaska

    Section Image
  • 544 N Park St, Anchorage, AK 99508

    $540,000

    • 9 Beds
    • 4 Baths
    • 3,932 Sq Ft
    • 544 N Park St
    • Anchorage, AK

    Rent three units out and live for utilities only. Cant beat that!Tenants are responsible for their electric. Only one unit to be viewed at showing. Other units can be viewed once under contract.2 units have been remodeled and updated rents to $1550. 1 unit has been rented by the same person for 15 years.This unit qualifies for FHA and VA so bring your offers!

    Hilary Lockhart Real Broker LLC - Guaranteed

    Section Image
  • 433 N Bunn St, Anchorage, AK 99508

    $455,000

    • 8 Beds
    • 4 Baths
    • 3,828 Sq Ft
    • 433 N Bunn St
    • Anchorage, AK

    Excellent condition 4plex with great rental history and very low capital improvement needs. All units have been remodeled and the property is fully occupied.

    Manny Rodriguez Jack White Commercial

    Section Image

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

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold -- -- --
05/06/2024 05/06/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $565,000 +36.1% $155 / Sq Ft
12/14/2018 12/14/18 Sold -- -- --
09/22/2018 09/22/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $415,000 +7.8% $114 / Sq Ft
05/30/2014 05/30/14 Sold -- -- --
04/30/2014 04/30/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $385,000 -- $106 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 24-4104

Alaska Multiple Listing Service