Description
High-performing downtown Anchorage fourplex delivering strong cash flow with a proven hybrid income model. Two units provide stable long-term rental income, while two fully furnished units operate as high-revenue short-term rentals with demonstrated nightly income potential. Built in 2003, this 5,385 SF property features four 2BR/1BA units, each with garage space and heated interior storage. A rare amenity package that supports premium rents. 12 total on-site parking spaces, public utilities, natural gas heat, and fire sprinkler system. Prime downtown location near sporting venue, restaurants, Coastal Trail access, medical facilities, and major employers, driving consistent short- and long-term demand. Furnishings available under separate bill of sale. Excellent opportunity for investors seeking immediate income with upside and operational flexibility.
Details
| MLS # | 26-1876 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2003 |
| Days On Site | 164 |
| Listing Provided By | CORE Real Estate Group, LLC. | Derek J. Hert |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 5,385 |
| Garage | 4 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | R4 - Multiple Family Residential |
| Acreage | 0.16 |
| Property View | City Lights, Mountain(s) |
Interior
| Heating | Baseboard, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Unknown - BTV |
|---|---|
| Security Features | Smoke Detector(s) |
| Lot Features | Gentle Sloping |
| Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp Near | None |
| Construction Materials | Wood Frame |
| Foundation Details | Unknown - BTV |
| Exterior Sp Finish Co Exterior Sp Finish | Vinyl |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Heated Garage, Tuck Under |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Road Surface Type | Government, Paved |
|---|---|
| Frontage Type | None |
Taxes
| Tax Annual Amount | 12630.44 |
|---|---|
| Tax Year | 2025 |
| Tax Map Number | N/A |
| Tax Legal Description | Third Addition L4 B35B |
| Tax Assessed Value | 869900 |
Area Information
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99501 |
| Area | 1A Anchorage Municipality |
| Subarea | Downtown Anchorage |
| School District | West Anchorage |
| Elementary School | North Star |
| High School | West Anchorage |
| Listing VS Median (in 99501) | |
Price: $949,000 low | high Med: $205,000 sqft: 5,385 low | high Med: 897 $ / sqft: $176 low | high Med: $229 On site: 164 low | high Med: 9 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99501 |
| Area | 1A Anchorage Municipality |
| Subarea | Downtown Anchorage |
| School District | West Anchorage |
| Elementary School | North Star |
| High School | West Anchorage |
| Listing VS Median (in 99501) | |
Price: $949,000 low | high Med: $205,000 sqft: 5,385 low | high Med: 897 $ / sqft: $176 low | high Med: $229 On site: 164 low | high Med: 9 | |
