$645,000
Anchorage, AK 99508
MLS# 25-11654
Status: Closed
11 beds | 9 baths | 6551 sqft
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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
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 11
Bathrooms Full: 9
Bathrooms Total: 9
Bldgs-Ttl #: 2
Year Built: 1977
Year Remodeled: 2024
SF-Res: 6551
Number of Units: 9
SF-Lot: 6250
Acres: 0.14
Prkg Spcs: 12
Lot Area Source: Tax Authority
Zoning: R3 - Multiple Family Residential
Contract Info
Price-List: 645000
Date-Listing: 2025-09-08
Status: Closed
Foreclosure/Bank Own: No
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.
Building Info
Units- # of Effcncy: 6
Units-# of 1 BR: 2
Units-# of 3 BR: 1
Sold Info
Date-Pending: 2026-01-07
Date-Closing: 2026-03-25
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: Multi Family
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: March - 25 - 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.