$749,000
 $4,021 est/mo Sourced by Back At You

12621 Tanada Loop,Anchorage, AK 99516

Anchorage, AK 99516

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Description

Excellent investment opportunity in desirable South Anchorage! This well-maintained fourplex offers 8 bedrooms, 4 bathrooms, and sits on a spacious 11,543 sq. ft. lot with ample parking. New Roof was installed in July 2022! All four units are currently occupied, providing immediate rental income, with potential for owner-occupancy and increased rents. Numerous improvements throughout the property include updated flooring in Units 2 and 4 in 2024, a complete remodel of Unit 2 in 2025, an updated kitchen featuring new cabinets and countertops in Unit 3, and fresh paint and flooring in Unit 4. Unit 1 is currently on a month-to-month lease, offering potential flexibility for an owner-occupant. With significant upgrades already completed and room for rental income growth, this property presents an excellent opportunity for investors looking to expand their portfolio or buyers interested in generating rental income while living on-site. Conveniently located in South Anchorage near shopping, dining, and everyday amenities!

Details

MLS #26-13438
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1979
Days On Site23
Listing Provided ByLPT Realty | Christopher Fuller

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet3,808
Units4
Building(s)1
ZoningR2M - Multi Family Residential
Acreage0.26

Interior

HeatingNatural Gas
Heating Yes / NoYes

Exterior

RoofAsphalt, Shingle
Foundation DetailsPoured Concrete

Utilities

SewerPublic Sewer

Location

Road Surface TypePaved, Maintained
Frontage TypeNone

Taxes

Tax Map NumberN/A
Tax Legal DescriptionTanaga Terrace L16 B1

Area Information

StateAK
CityAnchorage
Zip Code99516
Area1A Anchorage Municipality
SubareaAbbott Rd Dearmoun Rd
School DistrictSouth Anchorage
Elementary SchoolOcean View
High SchoolSouth Anchorage
Listing VS Median (in 99516)
Price:
$749,000
low | high
Med:
$830,000
39.185580774366% of Average
sqft:
3,808
low | high
Med:
2,394
87.132352941176% of Average
$ / sqft:
$197
low | high
Med:
$347
26.266210698085% of Average
On site:
23
low | high
Med:
66
34.848484848485% of Average
Sourced by Back At You

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Learn More About This Property

StateAK
CityAnchorage
Zip Code99516
Area1A Anchorage Municipality
SubareaAbbott Rd Dearmoun Rd
School DistrictSouth Anchorage
Elementary SchoolOcean View
High SchoolSouth Anchorage
Listing VS Median (in 99516)
Price:
$749,000
low | high
Med:
$830,000
39.185580774366% of Average
sqft:
3,808
low | high
Med:
2,394
87.132352941176% of Average
$ / sqft:
$197
low | high
Med:
$347
26.266210698085% of Average
On site:
23
low | high
Med:
66
34.848484848485% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $561K - $936K
sqft: 2,500 - 4,500
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12900 Old Seward Highway Property Photo 1
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12900 Old Seward Highway
Anchorage, AK 99515
921 Maho Circle Property Photo 1
$740,000
921 Maho Circle
Anchorage, AK 99515
Listing Updated: October 30, 2026 at 10:27:00 AM PDT
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