$695,000
8621 Molanary Drive
Anchorage, AK 99502
MLS# 26-2652
Status: Pending
9 beds  |  4 baths  |  3448 sqft


8621 Molanary Exterior
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8621 Molanary Exterior Unit #1 Kitchen Unit #1 Kitchen #2 Unit #1 Bathroom Unit #2 Kitchen Unit #2 Living Room Unit #2 Bedroom Unit #2 Bathroom Unit #4 Kitchen/Living Room Unit #4 Kitchen Unit #4 Bedroom

Property Description
Take advantage of this excellent investment opportunity in the South Anchorage! This well-maintained 4-plex features one spacious 3-bedroom, 1-bath unit and three comfortable 2-bedroom, 1-bath units. Each unit has dedicated off-street parking, and tenants have access to laundry. Ideally located just minutes from the airport, as well as popular restaurants and shopping, this property

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 695000
Date-Listing: 2026-03-19
Status: Pending
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW2326
Tax Map #-Mat-Su: N/A
Legal: Georgeville Estates L3C B2
Taxes (Estimated): 8731.87
Tax Year: 2025
School-Elementary: Chinook
School-Middle: Mears
School-High: Dimond
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: 0.18
SF-Lot: 7764
Lot Area Source: Tax Authority
Zoning: R3 - Multiple Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 6
Beds: 9
Year Built: 1978
SF-Res: 3448
Number of Units: 4
Directions and Remarks
Directions: West on Dimond Blvd, Right on Jewel Lake Rd, Right on W. 88th, Left on Molanary Drive. Property on the Right.
Multi-Family Type
Quadruplex: 1
Up and Down: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Roof Type
Asphalt: 1
Composition: 1
Shingle: 1
Construction Type
Wood Frame: 1
Foundation Type
Poured Concrete: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Dedicated Road: 1
Paved: 1
Maintained: 1
Features-MultiFamily
CO Detector(s): 1
DSL-Cable Available: 1
In City Limits: 1
Laundry Facility: 1
Smoke Detector(s): 1
Washer/Dryer HkUp: 1
Paved Driveway: 1
Docs Avl for Review
As-Built: 1
Docs Posted on MLS: 1
Prop Discl Available: 1
Sold Info
Date-Pending: 2026-03-22
Location Tax and Legal
Area: 15 - W Tudor Rd - Dimond Blvd
Street #: 8621
Street Name: Molanary
Arterial: Drive
Closest USPS Town: Anchorage
State: AK
Zip Code: 99502
Property Features
Multi-Family Type: Quadruplex; Up and Down
Exterior Finish: Wood
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Poured Concrete
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Dedicated Road; Paved; Maintained
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Laundry Facility; Smoke Detector(s); Washer/Dryer HkUp; Paved Driveway
Flooring: Carpet; Laminate; Vinyl
Docs Avl for Review: As-Built; Docs Posted on MLS; Prop Discl Available
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Supplements
appeals to both tenants and investors alike. The fenced yard provides added privacy and outdoor space, while dedicated off-street parking ensures convenience for all residents. With the potential to increase current rents to market rates, this well-maintained property presents strong income growth for investors. Whether you're looking to live in one unit while renting out the others or expand your portfolio, this 4-plex is an excellent opportunity.

IDX
Listing Office: Herrington and Company, LLC

Last Updated: March - 23 - 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.