$429,000

1027 Nelchina Street, Anchorage, AK 99501

  • 4 beds |
  • 5 baths |
  • 2,337 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $184/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

Fully occupied 5-plex offering immediate rental income in a convenient Anchorage location! All five units are currently rented, generating $4,680/month and $56,160 in gross scheduled annual income. Several units have been updated in recent years, including remodeled Units 2 and 5 and additional improvements to Unit 4. Property offers off-street parking, individual unit entrances, and a long history as an income-producing property. Current rents are $880, $1,100, $850, $850 and $1,000 per month, providing an investor with established income from day one while offering potential future upside as units turn over and rents are adjusted over time. An excellent opportunity for an investor looking for an established multifamily property with 100% occupancy and value-add potential in the Anchorage market. Buyer to verify all information, including rents, leases, expenses, zoning/use, financing eligibility and Letter of Non-Conforming Rights.

Listing Status:
Active
Date Added:
September 4, 2026
Data Last Updated:
September 25, 2026 at 3:39AM
Listing Office:
Real Broker Wasilla : 907-360-7448
MLS ID:
26-11445
  • Heating: BaseboardNatural Gas
  • Parking: None
  • Roofing: Unknown - BTV
  • General: Wood FrameUnknown - BTV
  • Road/Access: GovernmentPavedMaintained
  • Originating MLS: Alaska Multiple Listing Service
  • Zoning: R3 - Multiple Family ResidentialTHIRD ADDITION BLK 2C LT90031115200001
  • Water: Public
  • Sewer: Public Sewer
  • Source: Alaska Multiple Listing Service

This listing courtesy of Real Broker Wasilla

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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