$645,000
Anchorage, AK 99508
MLS# 25-11654
Status: Pending
11 beds | 9 baths | 6551 sqft
1 / 24
Property Description
12% cap rate on this - 8 plex consisting of 2 - 1 bed/1 bath and 6 efficiency units plus a 3 bedroom 1 bath house all on one lot. Both the 8 plex and the house exteriors have been recently repainted, ('24), with new cold and hot water supply piping in entire 8 plex, hydronic system new, new tubs and surrounds in all 8 units as well. Many upgrades easily totalling over $90,000 has been performed.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 645000
Date-Listing: 2025-09-08
Status: Pending
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: Nels Kleven S3 E2 L1 B4
Taxes (Estimated): 8784
Tax Year: 2025
School-Elementary: Mountain View
School-Middle: Clark
School-High: Bettye Davis East Anchorage
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 9
Bathrooms Total: 9
Bldgs-Ttl #: 2
Acres: 0.14
SF-Lot: 6250
Lot Area Source: Tax Authority
Year Remodeled: 2024
Zoning: R3 - Multiple Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 12
Beds: 11
Year Built: 1977
SF-Res: 6551
Number of Units: 9
Directions and Remarks
Directions: East on Mountain View Drive, left on Park St then right on Thompson Avenue to the complex on the left at the corner of Thompson and Bunn.
Multi-Family Type
5+ Units: 1
Building Info
Units- # of Effcncy: 6
Units-# of 1 BR: 2
Units-# of 3 BR: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Exterior Finish
Metal: 1
Heating
Baseboard: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Bitumen/Torch Down: 1
Shingle: 1
Construction Type
Wood Frame - 2x4: 1
Foundation Type
Block: 1
View Type
Unobstructed: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Laminate: 1
Tile: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Paved: 1
Maintained: 1
Features-MultiFamily
In City Limits: 1
Smoke Detector(s): 1
Paved Driveway: 1
Docs Avl for Review
Lease: 1
Income & Expenses
Exp-Elec/Yr Avg: 4345
Exp-Gas/Yr Avg: 4880
Exp-Insurance/Yr Avg: 8242
Exp-Maint/Yr Avg: 4196
Exp-Mgmt/Yr Avg: 5461
Exp-Other/Yr Avg: 8761
Exp-Refuse/Yr Avg: 2953
Exp-Snow/Yard/Yr Avg: 800
Exp-Tax & Ins/Yr: 8784
Exp-Wtr/Swr/Yr Avg: 2367
Income-Net Operating: 72100
Income-Rent Mo Total: 10100
Less Vac/Credit Loss: 6060
Sold Info
Date-Pending: 2025-12-13
Location Tax and Legal
Area: 50 - Post Rd - Glenn Hwy
Street #: 4321
Street Name: Thompson
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99508
Property Features
Multi-Family Type: 5+ Units
Exterior Finish: Metal
Roof Type: Bitumen/Torch Down; Shingle
Foundation Type: Block
Construction Type: Wood Frame - 2x4
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
View Type: Unobstructed
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: In City Limits; Smoke Detector(s); Paved Driveway
Flooring: Laminate; Tile
Docs Avl for Review: Lease
Listing Terms Financing: Cash; Conventional
Supplements
in the last year. Rents range from 950 to 1075/month. House is $2000/month. Building is compliant with guidelines and qualifications for with AK Housing Finance Corporation or similar programs. 3 tenants currently housed under the Alaska Housing voucher. Additional rental income possible with solving basement egress issue if desired. 4 units have gas stoves with 4 units plumbed for gas stoves but not currently installed. New Burnham Series 2 205E hydronic system (9 zones, full piping replacement, all baseboards elements and enclosures) and a brand new AO Smith hot water heater.
Marketing Package 
IDX
Listing Office: Jack White Commercial
Last Updated: December - 14 - 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.