$689,000
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9 Beds
5 Baths
3,462 SqFt
SOLD DATE : 09/18/2025
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,462 sqft
Price per Sqft $199
MLS Listing ID 25-7666
Sold Date 09/18/25
Bedrooms 9
Full Baths 5
Construction Status Existing Structure
Year Built 1963
Annual Tax Amount $8,528
Lot Size 0.328 Acres
Acres 0.33
Property Sub-Type Fourplex
Source Alaska Multiple Listing Service
Property Description
Right down the street from Jewel Lake Park! Don't miss out on this very well maintained and upgraded ranch style 4plex that actually cashflows. Gross rents are $7,900. Property can easily be converted back into a 4plex with an ADU by splitting unit 3. Units 1 and 2 are rented by the room with many long term tenants. Unit 4 is a turnkey AirBnB rental and those furnishings stay with the property. Recent upgrades and improvements
- Well house removed w/control box, pressure tank and filters moved to utility room. A new water main installed.
- New gas line on exterior of building installed.
- Unit #4 completely remodeled within last 24 months.
- New washer/dryer for shared laundry for units 1 & 2
- New Fridge in unit 3
Location
State AK
Area 15 - W Tudor Rd - Dimond Blvd
Zoning R2A - Two Family Residential
Direction Jewel Lake, West on 88th. Property is on the left
Exterior
Parking Features None
View Mountains
Roof Type Composition,Shingle,Asphalt
Topography Level
Building
Lot Description Level
Lot Size Range 0.33
Sewer Public Sewer
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Sand Lake
Middle Schools Mears
High Schools Dimond
Others
Tax ID 0112130200001
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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