$4,100,000
3804 Indiana Street
Anchorage, AK 99503
MLS# 26-6523
54 beds  |  54 baths  |  22788 sqft


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Property Description
27 Townhouse Style Units in Midtown! Beautiful property, minutes from the airport All units 2bed/1.5bath Townhomes w/ WDs, dining area, sliding glass doors and porches. Parking posts /w plugins. Large owner's storage shed w/ electric, gas & water (ADU potential). Exterior storage units most tenants. Newer roofs. Many units updated. Well cared for property with amenities tenants love.

Details
Maps
Documents
Contract Info
Concessions YN: Yes
Foreclosure/Bank Own: No
Price-List: 4100000
Date-Listing: 2026-06-04
Status: Active
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 27
Bathrooms Three Quarter: 0
Bathrooms Full: 27
Bathrooms Total: 54
Bldgs-Ttl #: 4
Acres: 1.52
SF-Lot: 66069
Lot Area Source: Tax Authority
Year Updated: 2025
Zoning: R2M - Multi Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 69
Beds: 54
Year Built: 1983
SF-Res: 22788
Number of Units: 27
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1521
Tax Map #-Mat-Su: N/A
Legal: SPENARD ACRES BLK D LT 7A, 7B, 6A, 6B VILLAGE WEST TOWNHOMES
Taxes (Estimated): 38586
Tax Year: 2025
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL
Directions and Remarks
Directions: W on Tudor past Arctic, Right on N Star, Right on W 40th, Left on Indiana - Building on the left had side.
Multi-Family Type
Multi Family: 1
Building Info
Units- # of 2 BR: 27
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Asphalt: 1
Shingle: 1
Construction Type
Block: 1
Wood Frame: 1
Foundation Type
Block: 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
Paved: 1
Maintained: 1
Features-MultiFamily
CO Detector(s): 1
In City Limits: 1
Smoke Detector(s): 1
Tenant Storage: 1
Washer/Dryer: 1
Paved Driveway: 1
Docs Avl for Review
As-Built: 1
Income & Expenses
Exp-Elec/Yr Avg: 3072
Exp-Gas/Yr Avg: 36360
Exp-Insurance/Yr Avg: 19000
Exp-Maint/Yr Avg: 24000
Exp-Mgmt/Yr Avg: 37573
Exp-Refuse/Yr Avg: 6240
Exp-Snow/Yard/Yr Avg: 12000
Exp-Wtr/Swr/Yr Avg: 22188
Location Tax and Legal
Area: 10 - Spenard
Street #: 3804
Street Name: Indiana Street
Closest USPS Town: Anchorage
State: AK
Zip Code: 99503
Property Features
Multi-Family Type: Multi Family
Exterior Finish: Wood
Roof Type: Asphalt; Shingle
Foundation Type: Block
Construction Type: Block; Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: CO Detector(s); In City Limits; Smoke Detector(s); Tenant Storage; Washer/Dryer; Paved Driveway
Flooring: Carpet; Laminate
Docs Avl for Review: As-Built
Listing Terms Financing: AHFC; Cash; Conventional
Supplements
Units are roughly 844/sqft each. Parking lot just restriped. Electric is separately metered/ tenants pay. Property has a wood fence around nearly the full parameter. 3 boilers, located in separate exterior sheds. All serviced / maintained. 2 of the buildings painted last year. Current rents $42,825, 2026 renewals scheduled $44,730.

IDX
Listing Office: Buyers Real Estate, LLC

Last Updated: June - 08 - 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.