$689,000
Anchorage, AK 99502
MLS# 25-7666
Status: Closed
9 beds | 5 baths | 3462 sqft
1 / 63
Property Description
Right down the street from Jewel Lake Park! Don't miss out on this very well maintained and upgraded ranch style 4plex that actually cashflows. Gross rents are $7,900. Property can easily be converted back into a 4plex with an ADU by splitting unit 3. Units 1 and 2 are rented by the room with many long term tenants. Unit 4 is a turnkey AirBnB rental and those furnishings stay with the property.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 689000
Date-Listing: 2025-06-20
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW2325
Tax Map #-Mat-Su: N/A
Legal: Lake Hurst L4 B5
Taxes (Estimated): 8528
Tax Year: 2025
School-Elementary: Sand Lake
School-Middle: Mears
School-High: Dimond
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 5
Bathrooms Total: 5
Bldgs-Ttl #: 1
Acres: 0.33
SF-Lot: 14300
Lot Area Source: Tax Authority
Year Remodeled: 2024
Zoning: R2A - Two Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 15
Beds: 9
Year Built: 1963
SF-Res: 3462
Number of Units: 4
Directions and Remarks
Directions: Jewel Lake, West on 88th. Property is on the left
Multi-Family Type
Four-Plex: 1
Ranch: 1
To Show
ShowingTime: 1
Building Info
Units- # of Effcncy: 1
Units- # of 2 BR: 1
Units-# of 3 BR: 2
Listing Terms Financing
Cash: 1
Conventional: 1
VA Loan: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Asphalt: 1
Composition: 1
Shingle: 1
Construction Type
Wood Frame: 1
Foundation Type
Unknown - BTV: 1
View Type
Mountains: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Sewer-Type
Public Sewer: 1
Water Source
Well: 1
Access Type
Dedicated Road: 1
Paved: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 7000
Features-MultiFamily
In City Limits: 1
Washer/Dryer: 1
Income & Expenses
Exp-Wtr/Swr/Yr Avg: 2988
Income-Rent Mo Total: 7900
Unit #1
Bath - Full: 1
Bedroom: 3
Unit #2
Bedroom: 3
Unit #3
Bath - Full: 2
Bedroom: 2
Unit #4
Bath - Full: 1
Sold Info
Date-Pending: 2025-07-28
Date-Closing: 2025-09-18
Location Tax and Legal
Area: 15 - W Tudor Rd - Dimond Blvd
Street #: 4116
Directional: W
Street Name: 88th
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99502
Property Features
Multi-Family Type: Four-Plex; Ranch
Exterior Finish: Wood
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Unknown - BTV
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Well
Access Type: Dedicated Road; Paved; Maintained
View Type: Mountains
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: In City Limits; Washer/Dryer
To Show: ShowingTime
Listing Terms Financing: Cash; Conventional; VA Loan
Supplements
Recent upgrades and improvements
- Well house removed w/control box, pressure tank and filters moved to utility room. A new water main installed.
- New gas line on exterior of building installed.
- Unit #4 completely remodeled within last 24 months.
- New washer/dryer for shared laundry for units 1 & 2
- New Fridge in unit 3
Property Disclosure Waiver 
IDX
Listing Office: Real Broker Alaska
Last Updated: September - 20 - 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.