$1,500,000
Anchorage, AK 99501
MLS# 25-720
Status: Closed
28 beds | 12 baths | 10080 sqft
1 / 3
Property Description
Well maintained 12 unit apartment building located across from the Sullivan Arena. Secured/common entrance with large units. Four 3 bedroom 1 bath and eight 2 bedroom 1 bath units. Two separate laundry rooms to service both sides of the building. Ample parking. Rental rates range between $1210 and $1600 per unit. Newly drafted leases reflect $1385 for the 2 bed and $1635 for the 3 bed units.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 1500000
Date-Listing: 2025-01-23
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1431
Tax Map #-Mat-Su: N/A
Legal: Third Addition L18A B34B
Taxes (Estimated): 16511
Tax Year: 2024
School-Elementary: North Star
School-Middle: Central
School-High: West Anchorage
Assessed Value: 1022700
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 #: 1
Acres: 0.34
SF-Lot: 14796
Lot Area Source: Tax Authority
Year Remodeled: 2024
Year Updated: 2024
Zoning: R4 - Multiple Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 20
Beds: 28
Year Built: 1965
SF-Res: 10080
Number of Units: 12
Directions and Remarks
Directions: On E 16th Ave between A St and Gambell St.
Multi-Family Type
Apartment Style: 1
5+ Units: 1
Building Info
Units- # of 2 BR: 8
Units-# of 3 BR: 4
Listing Terms Financing
Cash: 1
Conventional: 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
Block: 1
View Type
City Lights: 1
Mountains: 1
Partial: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Laminate: 1
Vinyl: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Paved: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 15000
Features-MultiFamily
CO Detector(s): 1
DSL-Cable Available: 1
In City Limits: 1
Laundry Facility: 1
Smoke Detector(s): 1
Paved Driveway: 1
Docs Avl for Review
Pre-Lim: 1
Income & Expenses
Exp-Elec/Yr Avg: 1493
Exp-Gas/Yr Avg: 10745
Exp-Insurance/Yr Avg: 7012
Exp-Refuse/Yr Avg: 6471
Exp-Snow/Yard/Yr Avg: 4714
Exp-Tax & Ins/Yr: 16511
Exp-Wtr/Swr/Yr Avg: 8091
Income-Rent Mo Total: 15132
Unit #1
Bedroom: 3
Unit #2
Bedroom: 2
Unit #3
Bedroom: 3
Unit #4
Bedroom: 2
Unit #5
Bedroom: 2
Unit #6
Bedroom: 2
Unit #7
Bedroom: 2
Unit #8
Bedroom: 3
Sold Info
Date-Pending: 2025-02-05
Date-Closing: 2025-06-13
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 425
Directional: E
Street Name: 16th
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Property Features
Multi-Family Type: Apartment Style; 5+ Units
Exterior Finish: Wood
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Block
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
View Type: City Lights; Mountains; Partial
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Laundry Facility; Smoke Detector(s); Paved Driveway
Flooring: Laminate; Vinyl
Docs Avl for Review: Pre-Lim
Listing Terms Financing: Cash; Conventional
Rent Roll 
IDX
Listing Office: Jack White Real Estate
Last Updated: June - 13 - 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.