$875,000
7230 Basel Street
Anchorage, AK 99507
MLS# 25-11650
10 beds  |  6 baths  |  3828 sqft
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Property Description
Savvy buyers can take advantage of an assumable VA loan at 4.875% interest rate! Turnkey, fully-updated triplex at 7230 Basel St generating $7,750/mo. All three units feature modern interiors (newer flooring, paint, appliances, refreshed kitchens/baths), in-unit laundry, and a new roof (2023).

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 875000
Date-Listing: 2025-09-08
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW2133
Tax Map #-Mat-Su: N/A
Legal: Rosewood Park Est L9 B1
School-Elementary: Abbott Loop
School-Middle: Hanshew
School-High: Service
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 6
Bathrooms Total: 6
Bldgs-Ttl #: 1
Acres: 0.24
SF-Lot: 10400
Lot Area Source: Tax Authority
Zoning: R2M - Multi Family Residential
Garage Spaces: 1
Carport Spaces: 0
Prkg Spcs: 8
Beds: 10
Year Built: 1984
SF-Res: 3828
Number of Units: 3
Directions and Remarks
Directions: From Lake Otis go west on E 72nd Ave, turn left on Basel Street.
Multi-Family Type
Tri-Plex: 1
Building Info
Units-# of 3 BR: 2
Units- # of 4+ BR: 1
Listing Terms Financing
Assumable: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Natural Gas: 1
Roof Type
Shingle: 1
Construction Type
Block: 1
Foundation Type
Block: 1
Wtrfrnt-Access Near
None: 1
Garage Type
Attached: 1
Wtrfrnt-Frontage
None: 1
Flooring
Carpet: 1
Luxury Vinyl: 1
Tile: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Paved: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 1
Features-MultiFamily
Tenant Storage: 1
Vaulted Ceiling(s): 1
Washer/Dryer: 1
Washer/Dryer HkUp: 1
Income & Expenses
Exp-Elec/Yr Avg: 270
Exp-Gas/Yr Avg: 378
Exp-Refuse/Yr Avg: 70
Exp-Wtr/Swr/Yr Avg: 166
Unit #1
Bath - Full: 2
Bedroom: 3
Dining Room: 1
Kitchen: 1
Parking Spaces: 3
Unit #2
Bath - Full: 2
Bedroom: 4
Kitchen: 1
Living Room: 1
Parking Spaces: 4
Unit #3
Bath - Full: 2
Bedroom: 3
Dining Room: 1
Kitchen: 1
Living Room: 1
Utility Room: 1
Garage: 1
Parking Spaces: 2
Location Tax and Legal
Area: 35 - E Tudor Rd - Abbott Rd
Street #: 7230
Street Name: Basel
Arterial: Street
Closest USPS Town: Anchorage
State: AK
Zip Code: 99507
Property Features
Multi-Family Type: Tri-Plex
Exterior Finish: Wood
Roof Type: Shingle
Foundation Type: Block
Construction Type: Block
Garage Type: Attached
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Tenant Storage; Vaulted Ceiling(s); Washer/Dryer; Washer/Dryer HkUp
Flooring: Carpet; Luxury Vinyl; Tile
Listing Terms Financing: Assumable; Cash; Conventional; FHA; VA Loan
Supplements
Unit 1 - 3BR/2BA leased until Mar 2026 at $2,550/mo. Unit 2 - 4BR/2BA long-term tenants month-to-month at $2,550/mo. Unit 3 - 3BR/2BA + oversized 1-car garage, furnished, lease until December 2026 at $2,650/mo (furnishings can convey for seamless mid-term or potential STR). Owner-occupants can move into one of the units and let the other two units (~$5,200/mo) offset your payment. With an estimated $5,362/mo PITI at 5% down, your personal net out-of-pocket for cost of housing could be ~$200/mo. Investors could purchase turnkey at $875,000 with estimated $4,617/mo PITI at 20% down. Potential gross income after PITI ~$3,133/mo. That's ~20% pre-expense cash-on-cash Return Additional highlights: Three large floor plans (one 4BR and two 3BRs), private laundry in every unit, garage for Unit 3, and low near-term capex thanks to 2023 roof and interior upgrades. Strong income from day one with flexibility to adjust strategy at turnover. Please do not disturb occupants. Buyer to verify all information and figures. Proforma in MLS Docs - Seller is Owner/Agent
IDX
Listing Office: Real Broker Alaska

Last Updated: September - 15 - 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.

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