$429,000
Anchorage, AK 99501
MLS# 26-11445
4 beds | 5 baths | 2337 sqft
1 / 34
Property Description
Fully occupied 5-plex offering immediate rental income in a convenient Anchorage location! All five units are currently rented, generating $4,680/month and $56,160 in gross scheduled annual income. Several units have been updated in recent years, including remodeled Units 2 and 5 and additional improvements to Unit 4.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 429000
Date-Listing: 2026-09-04
Status: Active
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 5
Bathrooms Total: 5
Bldgs-Ttl #: 2
Acres: 0.16
SF-Lot: 7000
Lot Area Source: Tax Authority
Zoning: R3 - Multiple Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 5
Beds: 4
Year Built: 1953
SF-Res: 2337
Number of Units: 5
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1331
Tax Map #-Mat-Su: N/A
Legal: THIRD ADDITION BLK 2C LT9
Taxes (Estimated): 2462.4
Tax Year: 2026
School-Elementary: Fairview
School-Middle: Central
School-High: West Anchorage
Directions and Remarks
Directions: From Ingra go East on E 9th Ave to Nelchina. Turn rt on Nelchina. Property will be on left.
Multi-Family Type
Side by Side: 1
Multi Family: 1
Building Info
Units- # of Effcncy: 1
Units-# of 1 BR: 4
Listing Terms Financing
Cash: 1
Exterior Finish
Unknown - BTV: 1
Heating
Baseboard: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Unknown - BTV: 1
Construction Type
Wood Frame: 1
Foundation Type
Unknown - BTV: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Government: 1
Paved: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 2500
Features-MultiFamily
DSL-Cable Available: 1
In City Limits: 1
Shed: 1
Docs Avl for Review
As-Built: 1
Docs Posted on MLS: 1
Home Inspection: 1
Income & Expenses
Income-Rent Mo Total: 3527
Unit #1
Bath - Full: 1
Bedroom: 1
Kitchen: 1
Living Room: 1
Unit #2
Bath - Full: 1
Bedroom: 1
Kitchen: 1
Living Room: 1
Unit #3
Bath - Full: 1
Bedroom: 1
Kitchen: 1
Living Room: 1
Unit #4
Bath - Full: 1
Bedroom: 1
Kitchen: 1
Living Room: 1
Unit #5
Bath - Full: 1
Kitchen: 1
Living Room: 1
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 1027
Street Name: Nelchina
Arterial: Street
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Property Features
Multi-Family Type: Side by Side; Multi Family
Exterior Finish: Unknown - BTV
Roof Type: Unknown - BTV
Foundation Type: Unknown - BTV
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Government; Paved; Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: DSL-Cable Available; In City Limits; Shed
Docs Avl for Review: As-Built; Docs Posted on MLS; Home Inspection
Listing Terms Financing: Cash
Supplements
Property offers off-street parking, individual unit entrances, and a long history as an income-producing property.
Current rents are $880, $1,100, $850, $850 and $1,000 per month, providing an investor with established income from day one while offering potential future upside as units turn over and rents are adjusted over time.
An excellent opportunity for an investor looking for an established multifamily property with 100% occupancy and value-add potential in the Anchorage market.
Buyer to verify all information, including rents, leases, expenses, zoning/use, financing eligibility and Letter of Non-Conforming Rights.
As-Built 
IDX
Listing Office: Real Broker Wasilla
Last Updated: September - 07 - 2026
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.