$400,000
Big Lake, AK 99652
MLS# 26-3961
6 beds | 3 baths | 2240 sqft

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Property Description
Opportunity meets lifestyle at this well-positioned triplex in the heart of Big Lake. Situated on 0.91 acres with direct frontage on Fish Creek--which flows into Big Lake--this property offers both strong cash flow and Alaska outdoor appeal. The building features three separate units totaling 2,240 sq ft, with 6 bedrooms and 3 full bathrooms across varying unit sizes. Currently, two units are
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 400000
Date-Listing: 2026-04-16
Status: Active
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 3
Bathrooms Total: 3
Bldgs-Ttl #: 1
Acres: 0.91
SF-Lot: 39639.6
Lot Area Source: Tax Authority
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 8
Beds: 6
Year Built: 1978
SF-Res: 2240
Number of Units: 3
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: HO13
Legal: Fish Creek Addn 1 Tr A
School-Elementary: Big Lake
School-Middle: Houston
School-High: Houston
Directions and Remarks
Directions: West on Parks Hwy Left onto Big Lake Road Left on to S Oscar Anderson Road House is on the Right
Multi-Family Type
Triplex: 1
To Show
ShowingTime: 1
Building Info
Units-# of 1 BR: 1
Units- # of 2 BR: 1
Units-# of 3 BR: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Wood: 1
Heating
Electric: 1
Forced Air: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Asphalt: 1
Composition: 1
Shingle: 1
Construction Type
Wood Frame - 2x4: 1
Foundation Type
Block: 1
View Type
Lake: 1
Partial: 1
River: 1
Wtrfrnt-Access Near
Creek: 1
Lake: 1
Garage Type
None: 1
Wtrfrnt-Frontage
Creek: 1
Carport Type
None: 1
Waterfront Details
Waterfront Name: Fish Creek
Sewer-Type
Septic Tank: 1
Water Source
Private: 1
Access Type
Gravel: 1
Maintained: 1
Features-MultiFamily
Fixer-Upper: 1
Washer/Dryer HkUp: 1
Unit #1
Bath - Full: 1
Unit #2
Bedroom: 2
Unit #3
Bedroom: 3
Location Tax and Legal
Area: BG - Big Lake
Street #: 4152
Directional: S
Street Name: Oscar Anderson
Arterial: Road
Closest USPS Town: Big Lake
State: AK
Zip Code: 99652
Property Features
Multi-Family Type: Triplex
Exterior Finish: Wood
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Block
Construction Type: Wood Frame - 2x4
Garage Type: None
Carport Type: None
Heating: Electric; Forced Air; Natural Gas
Sewer-Type: Septic Tank
Water Source: Private
Access Type: Gravel; Maintained
View Type: Lake; Partial; River
Topography: Level
Wtrfrnt-Frontage: Creek
Wtrfrnt-Access Near: Creek; Lake
Features-MultiFamily: Fixer-Upper; Washer/Dryer HkUp
To Show: ShowingTime
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Supplements
rented on month-to-month leases, providing immediate income with flexibility. The property already generates over $2,400/month, with the owner's unit vacant upon closing--presenting a clear upside to increase total rents by approximately $1,800/month when fully leased.
Investors will appreciate the solid rental history, consistent demand, and strong income potential, while owner-occupants can take advantage of living in the larger unit while offsetting expenses.
Additional highlights include:
8 dedicated parking spaces
Creek frontage on Fish Creek
Close proximity to Big Lake and Big Lake Airport
Flexible unit mix with value-add potential
Proven cash-flowing asset with room to grow
Whether you're looking to expand your portfolio or step into an owner-occupied investment, this property delivers a rare combination of location, income, and future upside.
IDX
Listing Office: Real Broker Wasilla
Last Updated: June - 12 - 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.
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