$650,000
Eagle River, AK 99577
MLS# 25-13913
Status: Pending
8 beds | 4 baths | 3656 sqft

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Property Description
Interior pics coming soon! Maintained four plex near JBER. Prime location close to base, highway, shopping & schools. Two units feature updated baths; all show pride of ownership. Shared coin-op laundry adds income & convenience. Strong rental history, low vacancy, and great investment potential-live in one, rent the rest, and enjoy steady returns in a desirable location.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 650000
Date-Listing: 2025-10-31
Status: Pending
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): NW0654
Tax Map #-Mat-Su: N/A
Legal: T15NR01WS30 L84
School-Elementary: Fire Lake
School-Middle: Mirror Lake
School-High: Chugiak
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 4
Bathrooms Total: 4
Bldgs-Ttl #: 1
Acres: 1.22
SF-Lot: 53143
Lot Area Source: Tax Authority
Zoning: CE-R-7 Medium-Density Single Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 8
Beds: 8
Year Built: 1983
SF-Res: 3656
Number of Units: 4
Directions and Remarks
Directions: Old Glenn Highway north of Eagle River - turn left onto Stephanie, then first driveway on right.
Multi-Family Type
Four-Plex: 1
To Show
ShowingTime: 1
Building Info
Units- # of 2 BR: 4
Listing Terms Financing
1031 Exchange: 1
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Separate Meters: 1
Topography
Hilly: 1
Level: 1
Roof Type
Metal: 1
Construction Type
Block: 1
Wood Frame: 1
Foundation Type
Block: 1
View Type
Mountains: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Vinyl: 1
Sewer-Type
Septic Tank: 1
Water Source
Holding Tank: 1
Private: 1
Water-Prvt Well Dpth: 245
Well: 1
Access Type
Gravel: 1
Paved: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 6200
Features-MultiFamily
Covenants: 1
CO Detector(s): 1
In City Limits: 1
Laundry Facility: 1
Shed: 1
Smoke Detector(s): 1
Washer/Dryer HkUp: 1
Docs Avl for Review
As-Built: 1
CC&R's: 1
Docs Posted on MLS: 1
Floor Plan: 1
Well & Septic Test: 1
Income & Expenses
Exp-Elec/Yr Avg: 1800
Exp-Gas/Yr Avg: 2400
Unit #1
Bath - Full: 1
Bedroom: 2
Kitchen: 1
Living Room: 1
Parking Spaces: 2
Unit #2
Bath - Full: 1
Bedroom: 2
Kitchen: 1
Living Room: 1
Parking Spaces: 2
Unit #3
Bath - Full: 1
Bedroom: 2
Family Room: 1
Kitchen: 1
Living Room: 1
Parking Spaces: 2
Unit #4
Bath - Full: 1
Bedroom: 1
Family Room: 1
Kitchen: 1
Living Room: 1
Parking Spaces: 2
Sold Info
Date-Pending: 2025-11-26
Location Tax and Legal
Area: 90 - Eagle River
Street #: 19111
Street Name: Stephanie
Arterial: Boulevard
Closest USPS Town: Eagle River
State: AK
Zip Code: 99577
Property Features
Multi-Family Type: Four-Plex
Exterior Finish: Wood
Roof Type: Metal
Foundation Type: Block
Construction Type: Block; Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard; Separate Meters
Sewer-Type: Septic Tank
Water Source: Holding Tank; Private; Well
Access Type: Gravel; Paved; Maintained
View Type: Mountains
Topography: Hilly; Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Covenants; CO Detector(s); In City Limits; Laundry Facility; Shed; Smoke Detector(s); Washer/Dryer HkUp
Flooring: Carpet; Vinyl
To Show: ShowingTime
Docs Avl for Review: As-Built; CC&R's; Docs Posted on MLS; Floor Plan; Well & Septic Test
Listing Terms Financing: 1031 Exchange; AHFC; Cash; Conventional; FHA; VA Loan
Supplements
Fantastic opportunity to own a well-cared-for 4-plex in a highly desirable location near JBER. Tenants have easy access to the highway, shopping, dining, and schools, making this property a consistent rental favorite. Two units have been tastefully updated with modern bathrooms, and all units reflect ongoing maintenance and care. A shared coin-operated laundry with two machines offers added convenience and supplemental income. Each unit is thoughtfully laid out for comfort and functionality, contributing to long-term tenant satisfaction and low turnover. Whether you're an investor expanding your portfolio or an owner-occupant seeking rental income, this 4-plex delivers both stability and opportunity. With its strong rental appeal, great location, and proven performance, this is an investment you'll be proud to own.
Unit four is the only available unit to go and show. At 36 hour notice to show for the other units.
Multiple Offers Received - Highest and best due 11/12/25 by 5pm
IDX
Listing Office: Better Homes and Gardens Real Estate Dream Makers
Last Updated: November - 27 - 2025
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.
Multiple Offer Notification & Acknowledg