$650,000 $3,489 est/mo Sourced by Back At You
3941 Merrill Drive,Anchorage, AK 99517
Anchorage, AK 99517
Description
Don't miss out on this unicorn of a property. Hard to find 4plex with garages that cashflows at this price point and is well kept with newer bedroom windows, a new boiler, roof maintenance kept up on, new flooring and extremely low wear for it's age. All units are fully furnished and monthly rents average over $2,000! This building is a cash cow with big CapEx items accounted for!
Details
| MLS # | 26-10271 |
|---|---|
| Listing Type | For Sale |
| Building Name | Jack Stephl |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 12 |
| Listing Provided By | Real Broker Alaska | Keenan W Fitzpatrick |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,904 |
| Garage | 4 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | R2M - Multi Family Residential |
| Acreage | 0.23 |
Interior
| Heating | Baseboard |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Lot Features | Level |
|---|---|
| Foundation Details | Block |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Road Surface Type | Maintained |
|---|---|
| Frontage Type | None |
Taxes
| Tax Annual Amount | 8062 |
|---|---|
| Tax Year | 2026 |
| Tax Map Number | N/A |
| Tax Legal Description | Broadmoor Estates #1 L3 B8 |
Area Information
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99517 |
| Area | 1A Anchorage Municipality |
| Subarea | Spenard |
| School District | West Anchorage |
| Elementary School | Lake Hood |
| High School | West Anchorage |
| Listing VS Median (in 99517) | |
Price: $650,000 low | high Med: $399,000 sqft: 1,904 low | high Med: 1,270 $ / sqft: $341 low | high Med: $314 On site: 12 low | high Med: 17 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99517 |
| Area | 1A Anchorage Municipality |
| Subarea | Spenard |
| School District | West Anchorage |
| Elementary School | Lake Hood |
| High School | West Anchorage |
| Listing VS Median (in 99517) | |
Price: $650,000 low | high Med: $399,000 sqft: 1,904 low | high Med: 1,270 $ / sqft: $341 low | high Med: $314 On site: 12 low | high Med: 17 | |
Nearby Listings (Within 1/4 mile)
Price: $487K - $812K
sqft: 1,000 - 2,000
Listing Updated: August 22, 2026 at 9:39:06 PM PDT