OFF MARKET

Last listed at $660,000, closed on jul 2025

$713,864

•

3,072

sq ft

5135 Rhyner Ct, Anchorage, AK 99508

About this home

This exceptional triplex is just 7 minutes from local hospitals and colleges, making it a prime location for both short and long-term rental demand. The main unit is a spacious 3 bed, 2 bath home with a private garage and a rooftop deck that captures great sun perfect for relaxing or entertaining. The second unit is a fully remodeled 2 bed with its own 2 car garage. The third unit is a 1 bed, occupied by a reliable long-term tenant of 10 years, providing steady income from day one. Two of the three units have been fully remodeled, and the entire property has brand new windows throughout. This is a well-maintained, turnkey investment in a strong rental area. Multifamily properties are easy to find but properties like this, with quality upgrades, ideal location, and income stability, don't come around often.

Multi-familyProperty Type

1983Year Built

9,606 sq ftLot Size

$232Est. Price/Sq.Ft.

3 garage spacesParking

Listed by Justin McGhee • Cornerstone Realty

Listed by Jason Fawcett • Cornerstone Realty

Bought with Keenan Fitzpatrick • Real Broker Alaska

Redfin checked: 2 minutes ago

•Source:AKMLS #25-5780

Redfin Estimate

$713,864

$54K over list price of $660K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30.2% higher than the average sale price ($548K) of 6 comparable homes.

SOLD SEP 25, 2026
$599,900
A
6 beds3 baths2,744 sq ft
5131 Hatcher Cir, Anchorage, AK 99508
SOLD APR 20, 2026
$650,000
B
7 beds4 baths3,548 sq ft
5132 E 26th Ave, Anchorage, AK 99508
SOLD OCT 26, 2026
$615,000
C
4 beds3 baths2,448 sq ft
3311 Wells Cir, Anchorage, AK 99508
SOLD OCT 2, 2026
$325,000
D
4 beds3 baths2,484 sq ft
6402 Hampton Dr, Anchorage, AK 99504
SOLD OCT 15, 2026
$569,000
E
5 beds2.5 baths3,346 sq ft
2730 Glacier St, Anchorage, AK 99508
SOLD JUL 31, 2026
$530,000
F
5 beds2 baths2,396 sq ft
3551 Newcomb Dr, Anchorage, AK 99508

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Earn from this home

Sell

$670,803

Est. take-home

List your home with Redfin and save $7,139

Market trends in 99508, AK

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.2%

0.4% MoM

Median sale price

$354K

$604 MoM

Avg. days on market

12d

3 days MoM

Recently sold homes

105

1 MoM

New listings for sale

3D WALKTHROUGH
$229,900
2 beds2 baths810 sq ft
4240 Folker St Unit B202, Anchorage, AK 99508
$789,000
5 beds3.5 baths4,030 sq ft
3300 Princeton Way, Anchorage, AK 99508
$242,000
3 beds1 bath1,008 sq ft
1715 Katrina Cir, Anchorage, AK 99508
$479,900
3 beds3 baths2,540 sq ft
1635 Crescent Dr, Anchorage, AK 99508
FOR SALE BY OWNER
$70,000
3 beds1 bath— sq ft
4110 DeBarr Rd, Anchorage, AK 99508
$329,900
3 beds1.5 baths984 sq ft
355 Pine St, Anchorage, AK 99508
$385,000
5 beds2 baths1,824 sq ft
5419 E 4th Avenue Ave, Anchorage, AK 99508
$155,000
3 beds2 baths1,065 sq ft
4650 Reka Dr Unit F18, Anchorage, AK 99508
$450,000
3 beds2 baths1,298 sq ft
2519 Crestwood St, Anchorage, AK 99508
$210,000
1 bed1 bath692 sq ft
4842 Mills Dr #76, Anchorage, AK 99508
See all

Provided by Redfin

Sale history for 5135 Rhyner Ct

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Anchorage Borough

APN

0063224600001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 7, 2024.

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: 10.0

Garage Information
Garage Spaces: 3.0
Carport Spaces: 0.0

Interior

Bathroom Information
# of Total Baths: 4
# of Full Baths: 4
# of Half Baths: 0
# of 3/4 Baths: 0

Bedroom Information
# of Bedrooms (Total): 6

Exterior

Property Information
Property Type: Multi-Family
New Construction: No
Living Area: 3072.0
Year Built: 1983

Lot Information
Lot Size Area: 9606.0
Lot Size Units: Square Feet
Lot Size Square Feet: 9606.0
Lot Size Acres: 0.22

Utilities

Heating & Cooling
Heating: Baseboard
Has Heating: Yes

Utility Information
Sewer: Public Sewer

Location

Elementary School
Elementary School: Nunaka Valley

Middle School
Middle Or Junior School: Clark

Location Information
Directions: Going east on Northern Lights, take left onto Glacier St., Right onto Rhyner CT.. 5135 Rhyner on left.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Anchorage Borough
APN: 0063224600001

Home facts updated by county records on Sep 7, 2024

Around this home

Schools

Clark Middle School

Public 6-8 • Assigned • 2.0mi

4/10

Bettye Davis East Anchorage High School

Public 9-12 • Assigned • 0.7mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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 • 99508

Average low and high temperatures (°F)

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.

9.1 hrs

1.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$679,000 – $821,000

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New listings for sale in 99508

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FOR SALE BY OWNER

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Built 1975 • Listed 6 days

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Private backyard • Generous deck • Greenhouse

Home values near 5135 Rhyner Ct

Data from public records.

Address	Redfin Estimate
5125 Rhyner Court, Anchorage, AK 9 Beds \| 6 Baths \| 3761 Sq. Ft.	$727,328
5135 Rhyner Court, Anchorage, AK 6 Beds \| 4 Baths \| 3072 Sq. Ft.	$635,874

Address	Redfin Estimate
5116 Rhyner Court, Anchorage, AK 2 Beds \| 1 Baths \| 1056 Sq. Ft.	$416,354
5130 Rhyner Court, Anchorage, AK 3 Beds \| 1 Baths \| 1040 Sq. Ft.	$357,696

Address	Redfin Estimate
5145 Rhyner Court, Anchorage, AK 7 Beds \| 4 Baths \| 3158 Sq. Ft.	$674,040
5140 Rhyner Court, Anchorage, AK 3 Beds \| 1 Baths \| 1104 Sq. Ft.	$262,568

Property information provided by AKMLS when last listed in 2025. This data may not match . Learn more.

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