$6,975,000

1900-1941 Marthas Vineyard Cir Anchorage, AK 99507

Abbott Loop Neighborhood

Estimated payment $43,320/month

Total Views 10,374
81 Beds
36 Baths
3,880 Sq Ft
$1,798 Price per Sq Ft

Highlights

  • 1.86 Acre Lot
  • Views
  • Washer and Dryer
  • Service High School Rated 9+
  • Baseboard Heating
  • Carpet

About This Home

Own the Cul-de-Sac. Premier rental location in Independence Park. 9 well maintained 4plex rental units. The entire circle is currently owned and operated as one project--same owner for 25+ years . Each building has 4 gas and electric meters (tenants pay gas and electric) configured with 1x3BR townhouse and1x2BR townhouse style units and 2x2BR up and down units with laundry in each unit.

Listing Agent

Gary Cox

Real Broker Alaska License #18039 Listed on: 09/05/2025

Real Broker Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $82,613

Year Built

  • Built in 1983

Home Design

  • 3,880 Sq Ft Home
  • Quadruplex
  • Side-by-Side
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 81 Bedrooms
  • 36 Full Bathrooms

Parking

  • 54 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Bowman Elementary School
  • Hanshew Middle School
  • Service High School

Additional Features

  • Washer and Dryer
  • 1.86 Acre Lot
  • Baseboard Heating
  • Property Views

Community Details

Overview

  • 9 Buildings
  • 36 Units

Building Details

  • Operating Expense $238,298
  • Gross Income $820,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$82,613

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.86
  • Road Surface Type: Paved
  • Directions: From Seward Highway, East on O'Malley, North on Commodore, Left on Jamestown, Right on Martha's Vineyard. All Buildings within the circle.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex, Side by Side, Up and Down
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Number Of Buildings: 9
  • Appliances: Washer/Dryer
  • Full Bathrooms: 36
  • Total Bedrooms: 81
  • Flooring: Carpet, Laminate, Linoleum, Luxury Vinyl, Vinyl
  • Interior Amenities: Storage
  • Living Area: 3880

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 54

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s)
  • Heating: Baseboard, Natural Gas, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Bowman
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 81021.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3

Green Features

Multi Family

  • Number Of Units Total: 36
  • Annual Gross Income: 820800
  • Annual Operating Expense: 238298

Tax Info

  • Tax Annual Amount: 82613.28
  • Tax Map Number: N/A
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/03/2025 10/03/25 Price Changed $1,650 -5.7% $2 / Sq Ft
10/03/2025 10/03/25 Price Changed $1,750 0.0% $3 / Sq Ft
09/05/2025 09/05/25 For Sale $6,975,000 0.0% $1,798 / Sq Ft
07/22/2025 07/22/25 Price Changed $1,850 +12.1% $3 / Sq Ft
05/03/2025 05/03/25 Price Changed $1,650 -12.9% $2 / Sq Ft
03/08/2025 03/08/25 Price Changed $1,895 +2.7% $3 / Sq Ft
01/09/2025 01/09/25 Price Changed $1,845 +15.3% $3 / Sq Ft
12/26/2024 12/26/24 Price Changed $1,600 -13.3% $2 / Sq Ft
10/16/2024 10/16/24 Price Changed $1,845 +19.0% $3 / Sq Ft
10/05/2024 10/05/24 Price Changed $1,550 -6.1% $2 / Sq Ft
09/06/2024 09/06/24 Price Changed $1,650 +3.1% $2 / Sq Ft
05/05/2024 05/05/24 Price Changed $1,600 -3.0% $2 / Sq Ft
04/24/2024 04/24/24 Price Changed $1,650 +3.1% $2 / Sq Ft
10/24/2023 10/24/23 Price Changed $1,600 -3.0% $2 / Sq Ft
09/16/2023 09/16/23 Price Changed $1,650 +10.0% $2 / Sq Ft
07/13/2023 07/13/23 For Rent $1,500 0.0% --
06/17/2023 06/17/23 For Rent $1,500 0.0% --
03/25/2023 03/25/23 Price Changed $1,500 -11.8% $2 / Sq Ft
11/27/2022 11/27/22 Price Changed $1,700 -2.9% $2 / Sq Ft
11/13/2022 11/13/22 Price Changed $1,750 +20.7% $3 / Sq Ft
10/01/2022 10/01/22 Price Changed $1,450 +7.4% $2 / Sq Ft
08/23/2022 08/23/22 For Rent $1,350 -- --
Source: Alaska Multiple Listing Service

Source: Alaska Multiple Listing Service

MLS Number: 25-11778

Alaska Multiple Listing Service

APN: 016-233-29-000

Alaska Anchorage Borough Anchorage 99507 Abbott Loop

1900-1941 Marthas Vineyard Cir, Anchorage, AK

For Sale

MultiFamily

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Gary Cox
Listing Agent
Gary Cox
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Real Broker Alaska
(907) 727-4279