$1,150,000
Anchorage, AK 99501
MLS# 26-9456
8 beds | 4 baths | 3550 sqft

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Property Description
Own the entire building in one of Anchorage's most sought-after neighborhoods. This rare Bootleggers Cove opportunity includes all four 2-bedroom, 1-bath condo units, currently operating as turnkey Airbnb rentals with immediate income. Whether you're expanding your portfolio or completing a 1031 exchange, opportunities like this rarely come to market.
Details
Maps
Documents
Contract Info
Price-List: 1150000
Date-Listing: 2026-07-28
Status: Active
Foreclosure/Bank Own: No
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 8
Bathrooms Full: 4
Bathrooms Total: 4
Bldgs-Ttl #: 4
Year Built: 1973
SF-Res: 3550
Number of Units: 4
SF-Lot: 7488
Acres: 0.17
Carport Spaces: 4
Prkg Spcs: 8
Lot Area Source: Tax Authority
Zoning: R3 - Multiple Family Residential
Directions and Remarks
Directions: From I Street, head west on W 9th Ave, turn right onto O Place. Property is on the right at 809-815 O Place.
Mortgage Info
EM Minimum Deposit: 12000
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 809
Street Name: O
Arterial: Place
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Property Features
Multi-Family Type: Quadruplex
Foundation Type: Block
Construction Type: Wood Frame - 2x4
Garage Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Docs Avl for Review: Prop Discl Available
Listing Terms Financing: Cash; Conventional
Supplements
Opportunities like this rarely come available in Anchorage's highly sought-after Bootleggers Cove neighborhood.
Offered as one package, this "four-plex" consists of all four (4) condominium units, giving the next owner complete control of the entire building. Located at 809, 811, 813, and 815 O Place, each unit offers 2 bedrooms, 1 bathroom, for a combined 3,550 square feet of living space and each unit has its own carport.
The property is currently operating as a successful short-term rental portfolio with all four units actively serving vacation rentals/STR guests, creating an immediate income-producing opportunity for investors looking to expand their portfolio or enter Anchorage's thriving vacation rental market. Continue operating as a turnkey STR investment, explore long-term rental potential, or occupy one unit while generating income from the others.
Bootleggers Cove continues to be one of Anchorage's premier locations, just minutes from Downtown, the Coastal Trail, Park Strip, restaurants, shopping, and some of the city's most recognizable attractions. The combination of location, flexibility, and existing income potential makes this a unique investment that is difficult to replicate.
Whether you're looking for a stabilized investment, a portfolio addition, or a long-term appreciation play in one of Anchorage's strongest neighborhoods, this is an opportunity worth a serious look.
IDX
Listing Office: Real Broker B Street
Last Updated: August - 17 - 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.
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