$509,900
Anchorage, AK 99508
MLS# 26-5808
Status: Coming Soon
9 beds | 4 baths | 4088 sqft
1 / 1
Property Description
Stable Mountain View 4-plex with strong pro forma upside on a quiet street near JBER, schools, and shopping. Fully occupied by long-term tenants (2 to 5+ years), all current and on time, all on month-to-month leases -- giving a new owner flexibility to raise rents to market or occupy a unit.
Details
Maps
Contract Info
Foreclosure/Bank Own: No
Price-List: 509900
Date-Listing: 2026-05-21
Status: Coming Soon
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: 0.14
SF-Lot: 6250
Lot Area Source: Tax Authority
Zoning: R3 - Multiple Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 4
Beds: 9
Year Built: 1985
SF-Res: 4088
Number of Units: 4
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1136
Tax Map #-Mat-Su: N/A
Legal: FAIRVIEW BLK 6 LT 14
Taxes (Estimated): 6780
Tax Year: 2025
School-Elementary: Mountain View
School-Middle: Clark
School-High: Bettye Davis East Anchorage
Assessed Value: 498900
Directions and Remarks
Directions: From Mountain View Drive, head north on Klevin, property is just past Peterkin on the right.
Or use Google Maps.
Multi-Family Type
Quadruplex: 1
To Show
ShowingTime: 1
Listing Terms Financing
1031 Exchange: 1
Cash: 1
Conventional: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Topography
Level: 1
Roof Type
Asphalt: 1
Composition: 1
Shingle: 1
Construction Type
Wood Frame: 1
Foundation Type
Block: 1
Poured Concrete: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Linoleum: 1
Luxury Vinyl: 1
Tile: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Government: 1
Paved: 1
Maintained: 1
Features-MultiFamily
DSL-Cable Available: 1
In City Limits: 1
Laundry Facility: 1
Smoke Detector(s): 1
Washer/Dryer: 1
Docs Avl for Review
Lease: 1
Prop Discl Available: 1
Location Tax and Legal
Area: 50 - Post Rd - Glenn Hwy
Street #: 309
Directional: N
Street Name: Klevin
Arterial: Street
Closest USPS Town: Anchorage
State: AK
Zip Code: 99508
Property Features
Multi-Family Type: Quadruplex
Exterior Finish: Wood
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Block; Poured Concrete
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard
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; Laundry Facility; Smoke Detector(s); Washer/Dryer
Flooring: Carpet; Linoleum; Luxury Vinyl; Tile
To Show: ShowingTime
Docs Avl for Review: Lease; Prop Discl Available
Listing Terms Financing: 1031 Exchange; Cash; Conventional
Supplements
Current gross rent of $51,600/yr reflects below-market rates; comparable Mountain View 4-plexes with similar unit mix are achieving closer to $65,000/yr, representing roughly $12,000/yr in lease-up potential.
Individual electric meters (tenant-paid); owner currently covers gas, water/sewer, and refuse.
Investor-ready with a clear path to a 7%+ pro forma cap rate. Also a strong fit for an owner-occupant seeking a multi-unit property where rental income from the other units helps offset the mortgage.
Showings by appointment with minimum 24-hour notice -- tenants in place.
IDX
Listing Office: Jack White Real Estate
Last Updated: May - 22 - 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.