$735,000
465 W Roy Road
Wasilla, AK 99654
MLS# 25-12090
Status: Pending
8 beds  |  4 baths  |  4200 sqft


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Property Description
Great opportunity to own a partially updated fourplex just minutes from downtown Wasilla! This property includes four 2-bedroom, 1-bathroom units, each with its own 1-car garage. Each unit features an in-unit washer and dryer, and plenty of parking out front — a big plus for tenants and guests.

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 735000
Date-Listing: 2025-09-18
Status: Pending
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: WA05
Legal: Western Spruce Estates L6 B1
School-Elementary: Tanaina
School-Middle: Wasilla
School-High: Wasilla
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 4
Bathrooms Total: 4
Bldgs-Ttl #: 1
Acres: 0.92
SF-Lot: 40075.2
Lot Area Source: Tax Authority
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Garage Spaces: 4
Carport Spaces: 0
Prkg Spcs: 10
Beds: 8
Year Built: 2004
SF-Res: 4200
Number of Units: 4
Directions and Remarks
Directions: Head West on Parks Hwy. Turn Right on Lucille Street. Turn Left on Spruce Ave. Turn Right on West Roy Rd. Destination will be on the Left. 5*+ at time of construction.
Multi-Family Type
Four-Plex: 1
Up and Down: 1
To Show
ShowingTime: 1
Exterior Finish
Vinyl: 1
Heating
Baseboard: 1
Electric: 1
Natural Gas: 1
Separate Meters: 1
Topography
Level: 1
Roof Type
Asphalt: 1
Composition: 1
Shingle: 1
Foundation Type
Poured Concrete: 1
Wtrfrnt-Access Near
None: 1
Garage Type
Detached: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Sewer-Type
Septic Tank: 1
Water Source
Private: 1
Access Type
Paved: 1
Maintained: 1
Features-MultiFamily
Covenants: 1
CO Detector(s): 1
Smoke Detector(s): 1
Paved Driveway: 1
Sold Info
Date-Pending: 2025-12-09
Location Tax and Legal
Area: WA - Wasilla
Street #: 465
Directional: W
Street Name: Roy
Arterial: Road
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Property Features
Multi-Family Type: Four-Plex; Up and Down
Exterior Finish: Vinyl
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Poured Concrete
Garage Type: Detached
Carport Type: None
Heating: Baseboard; Electric; Natural Gas; Separate Meters
Sewer-Type: Septic Tank
Water Source: Private
Access Type: Paved; Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Covenants; CO Detector(s); Smoke Detector(s); Paved Driveway
To Show: ShowingTime
Supplements
Electric is separately metered for each unit, while gas is shared, making utilities easy to manage. Current rents are below market value, creating potential for future income growth. Whether you're looking to add a solid rental property to your portfolio or live in one unit while renting out the others, this fourplex offers flexibility and long-term upside. Located close to shopping, schools, and main roads, it's easy to keep rented and convenient for tenants and owners alike.

IDX
Listing Office: Signature Real Estate Alaska

Last Updated: December - 10 - 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.