Endless possibilities with this unique duplex and massive 2,400 sq. ft. heated shop! Whether you're looking for a home with room to run your business, space for all your Alaskan toys, or an investment property with multiple potential income streams, this property offers incredible flexibility. The property features a duplex, with the 2-bedroom unit currently rented for $1,500/month, providing immediate rental income. Live in one side while collecting rent from the other, or rent out both units and turn the entire property into an income-producing investment. The real standout is the approximately 2,400 sq. ft. shop. With tall ceilings, an oversized garage door, plenty of workspace, and room for large vehicles and equipment, it's an ideal setup for a work-from-home mechanic, contractor, tradesperson, hobbyist, or anyone needing serious storage for boats, ATVs, snowmachines, RVs, and other toys. For an investor, the shop may also offer additional rental-income potential. A recently installed waste-oil heater adds another efficient heating option to the shop, which is also equipped with natural gas heat. Outside, the huge gravel driveway and parking area provide plenty of room for vehicles, trailers, equipment, and tenant parking. Additional features include a newly installed roof, a large yard, deck, storage shed, and plenty of usable outdoor space. With residential rental income already in place, an impressive shop, abundant parking, and multiple ways to utilize the property, this is a rare opportunity for an owner-occupant, small-business owner, or investor looking for a property with room to grow.
Multi-familyProperty Type
1995Year Built
1 acresLot Size
$267Price/Sq.Ft.
6 garage spacesParking
Listed by Daniel Munoz• Herrington and Company, LLC
This property offers an impressive 2400 sqft shop. The duplex features a spacious 3bd 2bth layout in the main unit and 2 bd 1 bth in the second unit. Outside, the property offers a large yard perfect for relaxation or outdoor activities. All this close to Wasilla! Assumable VA loan at 2.75% available!
AKMLS #23-7837
Nov 1, 2023
Pending
—
Oct 26, 2023
Relisted
—
Oct 26, 2023
Price Changed
$425,000
$151/sq ft
Sep 8, 2023
Pending
—
Jun 8, 2023
Listed
$599,000
$213/sq ft
Public Records
Sep 8, 2014
Sold
—
AKMLS #14-3375
Mar 20, 2014
Listed
$315,000
$112/sq ft
AKMLS #14-3382
Mar 20, 2014
Listed
$315,000
$112/sq ft
AKMLS #97-200689
Sep 27, 1997
Listed
$144,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,472 (−9.6%)
$45,000 + $398,500
$443,500
2024
$6,053 (+7.5%)
$45,000 + $432,600
$477,600
2023
$5,632 (+3.0%)
$45,000 + $432,600
$477,600
2022
$5,470 (+0.9%)
$45,000 + $372,100
$417,100
2021
$5,420 (+1.8%)
$45,000 + $372,100
$417,100
2020
$5,323 (+2.5%)
$45,000 + $328,400
$373,400
2019
$5,191 (+2.8%)
$45,000 + $310,500
$355,500
2018
$5,051 (+1.8%)
$45,000 + $298,800
$343,800
2017
$4,964
$45,000 + $285,500
$330,500
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
1.86 Acres
Year renovated
2004
Finished Sq. Ft.
2,808
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,808
Year built
1995
Style
Parking
County
Matanuska-Susitna Borough
APN
4500B01L011A
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
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
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1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Wasilla, AK • 99654
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Sun exposure
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Redfin Estimate for 2001 N Patsy St
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