$649,000
1060 W Airway Circle
Wasilla, AK 99654
MLS# 26-10511
4 beds  |  4 baths  |  4090 sqft


Triplex
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Triplex Garage W/1 Bedroom Above Garage W/1 Bedroom Above Main Building (Top + Bottom Units) Detached Garage Detached Garage Detached Garage Triplex Entry 1 Bedroom Entry Above Garage 069-IMG_5334 070-IMG_5339 067-IMG_5324 065-IMG_5314 066-IMG_5319 071-IMG_5344 072-IMG_5349 075-IMG_5364 078-IMG_5379 054-IMG_5404 082-IMG_5399 034-IMG_5094 011-IMG_5104 035-IMG_5099 013-IMG_5119 014-IMG_5124 015-IMG_5114 006-IMG_5159 008-IMG_5039 003-IMG_5139 004-IMG_5149 005-IMG_5154 017-IMG_5129 019-IMG_5144 018-IMG_5134 038-IMG_5174 039-IMG_5179 040-IMG_5184 041-IMG_5189 042-IMG_5219 044-IMG_5229 045-IMG_5234 053-IMG_5254 046-IMG_5239 047-IMG_5244 051-IMG_5214 048-IMG_5199 049-IMG_5204 050-IMG_5209 052-IMG_5194 081-IMG_5394 079-IMG_5384 080-IMG_5389 020-IMG_4989 021-IMG_4994 022-IMG_4999 024-IMG_5009 023-IMG_5004 029-IMG_5059 036-IMG_5064 028-IMG_5054 037-IMG_5069 030-IMG_5029 031-IMG_5079 032-IMG_5074 033-IMG_5084 016-IMG_5089 009-IMG_5044 010-IMG_5049 025-IMG_5019 026-IMG_5024 027-IMG_5014 073-IMG_5354 074-IMG_5359 076-IMG_5369 077-IMG_5374 083-DJI_20260813131018_0352_D 084-DJI_20260813130510_0327_D 085-DJI_20260813130528_0330_D 086-DJI_20260813130536_0331_D 087-DJI_20260813130553_0333_D 088-DJI_20260813130559_0334_D 089-DJI_20260813130621_0335_D 090-DJI_20260813130636_0336_D 091-DJI_20260813130642_0337_D 092-DJI_20260813130719_0339_D 093-DJI_20260813130728_0340_D 094-DJI_20260813130734_0341_D 095-DJI_20260813130744_0342_D 096-DJI_20260813130753_0343_D 097-DJI_20260813130802_0344_D 098-DJI_20260813130821_0345_D 099-DJI_20260813130842_0347_D 100-DJI_20260813130900_0348_D 101-IMG_5409 Screenshot 2026-08-17 191217

Property Description
Prime Location! A truly unique investment/development opportunity in an established area! This well-cared-for property offers a rare combination of existing residential income, shop/garage space, commercial frontage, and future development potential. The lot has been amended to allow multi-use and subdivision, contingent upon utility hookups, creating possibilities rarely found in this area.

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 649000
Date-Listing: 2026-08-17
Status: Active
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 1
Bathrooms Three Quarter: 0
Bathrooms Full: 3
Bathrooms Total: 4
Bldgs-Ttl #: 4
Acres: 0.94
SF-Lot: 40946.4
Lot Area Source: Tax Authority
Year Remodeled: 2026
Year Updated: 2026
Zoning: C - Commercial (re: Cities Wasilla/Houston)
Garage Spaces: 2
Carport Spaces: 0
Prkg Spcs: 4
Beds: 4
Year Built: 1977
SF-Res: 4090
Number of Units: 3
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: WA12
Legal: Wasilla Airport Heights Block 2 Lot 39
Taxes (Estimated): 3530.83
Tax Year: 2026
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL
Directions and Remarks
Directions: Parks to Lucas, right on Nelson, right on Airway. Follow to end, property is on the left.
Multi-Family Type
Triplex: 1
Other - See Remarks: 1
To Show
ShowingTime: 1
Building Info
Builder Name & Co: Fred Seltenreich
Units-# of 1 BR: 2
Units- # of 2 BR: 1
Listing Terms Financing
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Metal: 1
Wood: 1
Heating
Natural Gas: 1
Separate Meters: 1
Topography
Bluff: 1
Level: 1
Roof Type
Bitumen/Torch Down: 1
Metal: 1
Rubber: 1
Construction Type
Wood Frame: 1
Foundation Type
Poured Concrete: 1
Slab: 1
View Type
Mountains: 1
Wtrfrnt-Access Near
Lake: 1
Garage Type
Attached: 1
Detached: 1
Other-See Remarks: 1
Wtrfrnt-Frontage
None: 1
Flooring
Carpet: 1
Luxury Vinyl: 1
Vinyl: 1
Sewer-Type
Crib: 1
Septic Tank: 1
Water Source
Well: 1
Access Type
Dedicated Road: 1
Paved: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 6000
Features-MultiFamily
CO Detector(s): 1
In City Limits: 1
Shed: 1
Smoke Detector(s): 1
Tenant Storage: 1
Washer/Dryer: 1
Circle Driveway: 1
Docs Avl for Review
Prop Discl Available: 1
Unit #1
Bath - Full: 1
Bath-Half: 1
Bedroom: 2
Dining Room: 1
Kitchen: 1
Living Room: 1
Garage: 1
Unit #2
Bath - Full: 1
Bedroom: 1
Kitchen: 1
Living Room: 1
Extra Room: 1
Garage: 1
Unit #3
Bath - Full: 1
Bedroom: 1
Kitchen: 1
Living Room: 1
Garage: 1
Location Tax and Legal
Area: WA - Wasilla
Street #: 1060
Directional: W
Street Name: Airway
Arterial: Circle
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Property Features
Multi-Family Type: Triplex; Other - See Remarks
Exterior Finish: Metal; Wood
Roof Type: Bitumen/Torch Down; Metal; Rubber
Foundation Type: Poured Concrete; Slab
Construction Type: Wood Frame
Garage Type: Attached; Detached; Other-See Remarks
Heating: Natural Gas; Separate Meters
Sewer-Type: Crib; Septic Tank
Water Source: Well
Access Type: Dedicated Road; Paved; Maintained
View Type: Mountains
Topography: Bluff; Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: Lake
Features-MultiFamily: CO Detector(s); In City Limits; Shed; Smoke Detector(s); Tenant Storage; Washer/Dryer; Circle Driveway
Flooring: Carpet; Luxury Vinyl; Vinyl
To Show: ShowingTime
Docs Avl for Review: Prop Discl Available
Listing Terms Financing: Cash; Conventional; FHA; VA Loan
Supplements
The upper portion of the property features a fully functional, newly updated triplex configuration. Improvements include a detached two-car garage with a separate 1-bedroom, 1-bath apartment above. You will also find a separate detached high-bay garage/shop offering excellent storage, workspace, or additional income potential. The main top/bottom duplex completes the residential improvements, with a spacious 2-bedroom, 1.5-bath upper unit and a 1-bedroom, 1-bath lower unit with an office, walkout patio, and gas fireplace. Both duplex units have been updated and/or fully remodeled in 2026 including new sheetrock, flooring, plumbing, appliances, and more. The lower portion of the property fronts the Parks Highway and offers exciting commercial and development potential. With city water and sewer located at the adjacent property, the groundwork is in place for a buyer to explore a variety of future possibilities. Whether you're looking for an income-producing property, owner-occupant opportunity, shop space, future subdivision, commercial exposure, or a combination of them all, this property is truly one of a kind. A well-maintained property with existing improvements today and endless potential for tomorrow.

IDX
Listing Office: Signature Real Estate Alaska

Last Updated: August - 18 - 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.