$1,895,000
Anchorage, AK 99517
MLS# 26-4128
20 beds | 12 baths | 10880 sqft
1 / 85
Property Description
Fully renovated & low-maintenance 12plex in a great pocket of Spenard. All units had a stud-out remodel in '23-'24. Featuring new windows/sliding doors, upgraded electrical lines, new 4'' plumbing lines, appliances & all cosmetics. The property offers a balanced mix of eight 2-bedroom and four 1-bedroom units, positioning it well for stable occupancy. 2&3 floor units offer private WDs & Balconies.
Details
Maps
Documents
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 12
Bathrooms Total: 12
Bldgs-Ttl #: 2
Acres: 0.32
SF-Lot: 14000
Lot Area Source: Tax Authority
Year Remodeled: 2023
Year Updated: 2024
Zoning: R2M - Multi Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 12
Beds: 20
Year Built: 1971
SF-Res: 10880
Number of Units: 12
Contract Info
Foreclosure/Bank Own: No
Price-List: 1895000
Date-Listing: 2026-04-20
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1728
Tax Map #-Mat-Su: N/A
Legal: Roosevelt Park L7 B7 & B8
Taxes (Estimated): 15161.58
Tax Year: 2025
School-Elementary: Northwood
School-Middle: Romig
School-High: West Anchorage
Directions and Remarks
Directions: From Spenard, S on Northwood, L on Jefferson Properties on R
Multi-Family Type
Apartment Style: 1
Multi Family: 1
Building Info
Units-# of 1 BR: 4
Units- # of 2 BR: 8
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
Heating
Baseboard: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Bitumen/Torch Down: 1
Construction Type
Wood Frame: 1
Foundation Type
Slab: 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
Laminate: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Dedicated Road: 1
Paved: 1
Maintained: 1
Features-MultiFamily
DSL-Cable Available: 1
In City Limits: 1
Laundry Facility: 1
Parkside: 1
Smoke Detector(s): 1
Tenant Storage: 1
Washer/Dryer: 1
Washer/Dryer HkUp: 1
Paved Driveway: 1
Income & Expenses
Exp-Elec/Yr Avg: 10212
Exp-Gas/Yr Avg: 9600
Exp-Insurance/Yr Avg: 9360
Exp-Mgmt/Yr Avg: 16733
Exp-Wtr/Swr/Yr Avg: 6444
Location Tax and Legal
Area: 10 - Spenard
Street #: 2314-2316
Street Name: Jefferson
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99517
Property Features
Multi-Family Type: Apartment Style; Multi Family
Roof Type: Bitumen/Torch Down
Foundation Type: Slab
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Dedicated Road; Paved; Maintained
View Type: Mountains
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: DSL-Cable Available; In City Limits; Laundry Facility; Parkside; Smoke Detector(s); Tenant Storage; Washer/Dryer; Washer/Dryer HkUp; Paved Driveway
Flooring: Carpet; Laminate
Listing Terms Financing: AHFC; Cash; Conventional
Supplements
Onsite tenant storage. Lower units have shared WDs. Roofs resurfaced in 2023, water heaters replaced in 2023/2024, and boilers have been well maintained. Rent roll (with scheduled increases) $19,920K /month with creditworthy tenants in place. Utilities currently included in rent, with room for future rental increases. Excellent location with nearby trail access, dining, and conveniences, 5 minutes from the airport. Buyer to verify all information. Contact listing office for a marketing package.
Rent Roll 
IDX
Listing Office: Buyers Real Estate, LLC
Last Updated: April - 20 - 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.