This 8-unit community presents a prime investment opportunity for those seeking high returns, low operating expenses, and straightforward management. Gross annual income: $223K. Annual Op Ex: $56K. NOI: $166K. 4-bedroom units increasing to $2,500/mo upon lease expiration allows for increased ROI for an investor after acquisition. Property being sold as-is, where-is.
Multi-familyProperty Type
2009Year Built
0.49 acresLot Size
$112Price/Sq.Ft.
16 garage spacesParking
Listed by Manny Rodriguez• Jack White Commercial
Bought with RMG Real Estate RMG Real Estate Group• RMG Real Estate Valley Office
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.49 Acres
Year renovated
—
Sq. Ft.
15,571
Year built
—
Style
Multi-Family (5+ Unit)
County
Anchorage Borough
APN
0101341600001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
R-2M
Mixed Residential District
The R-2M district is intended primarily for residential areas that allow for a variety of single-family, two-family, and multifamily dwellings, with gross densities between five and 30 dwelling units per acre. The R-2M district provides residential neighborhoods with a greater diversity of housing by allowing a mix of both detached and a variety of attached dwelling types in close proximity to each other, rather than separated into different zoning districts. The R-2M district is to be located in established or redeveloping residential neighborhoods or is to create a transition between single-family, two-family, and higher density multifamily and mixed-use areas. The design of new development, such as building scale and setbacks, parking facility size and location, and yard landscaping, should be complementary to the existing neighborhood and mix of dwelling types.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Communications tower
Park & open space
Property details
Parking
Parking Information
Open Parking Spaces: 12.0
Garage Information
Garage Spaces: 16.0
Carport Spaces: 0.0
Attached Garage: No
Interior
Bathroom Information
# of Total Baths: 16
# of Full Baths: 16
# of Half Baths: 0
# of 3/4 Baths: 0
Bedroom Information
# of Bedrooms (Total): 31
Exterior
Exterior Features
Roof: Asphalt
Property Information
Property Type: Multi-Family
New Construction: No
Construction Materials: Block, Wood Frame - 2x6
Living Area: 15571.0
Year Built: 2009
Land Information
Road Surface Type: Paved
Lot Information
Lot Size Area: 21320.0
Lot Size Units: Square Feet
Lot Size Square Feet: 21320.0
Lot Size Acres: 0.49
Waterfront: Yes
Financial
Tax Information
Tax Annual Amount: 20536.38
Utilities
Heating & Cooling
Heating: Forced Air
Has Heating: Yes
Utility Information
Sewer: Public Sewer
Location
Elementary School
Elementary School: Northwood
Middle School
Middle Or Junior School: Romig
High School
High School: West Anchorage
Location Information
Directions: Refer to Google Maps or any alternative maps application.
Public facts
Beds: —
Baths: —
Sq. Ft.: 15,571
Stories: —
Lot Size: 0.49 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Anchorage Borough
APN: 0101341600001
Home facts updated by county records on Aug 19, 2026
Around this home
Schools
Northwood ABC Elementary School
Public PreK-6 • Assigned • 0.9mi
6/10
Romig Middle School
Public 6-8 • Assigned • 1.0mi
8/10
West High School
Public 9-12 • Assigned • 1.0mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 51-63% chance of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Anchorage, AK • 99517
Average low and high temperatures (°F)
25
16
27
14
32
15
45
33
54
42
63
50
67
55
65
53
56
46
45
35
27
18
23
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 1.6 hours in December, placing it below the
U.S. average for solar exposure.