1027 Nelchina Street, Anchorage, AK 99501

Anchorage
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
1027 Nelchina Street,Anchorage, AK 99501
$429,000
  • 4 Beds
  • 5 Baths
  • 2,337 sq. ft.
  • Multi-family
  • Active
Listed by: james cash
Office: keller williams realty alaska group of wasilla
MLS#:26-11445
Source:AK_AMLS

Price summary

  • Price:$429,000
  • Price per sq. ft.:$183.57

About this home

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.

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Home facts

  • Year built:1953
  • Listing ID #:26-11445
  • Added:68 day(s) ago
  • Updated:November 12, 2026 at 04:59 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:2,337 sq. ft.

Structure and exterior

  • Year built:1953
  • Building area:2,337 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:West Anchorage
  • Middle school:Central
  • Elementary school:Fairview

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$429,000
  • Price per sq. ft.:$183.57
  • Tax amount:$2,462
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