2607 W 33rd Avenue, Anchorage, AK 99517

Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
2607 W 33rd Avenue,Anchorage, AK 99517
$1,250,000
  • 8 Beds
  • 13 Baths
  • 6,064 sq. ft.
  • Multi-family
  • Active
Listed by: erik m taylor, cori m bryan
Office: ptp management, inc.
MLS#:25-12497
Source:AK_AMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$206.13

About this home

Rare opportunity to acquire a 13-unit multi-family property in Anchorage's highly desirable Turnagain neighborhood--a location known for its convenience, lifestyle appeal, and access to outdoor recreation. This income-producing asset features stable cash flow, strong occupancy history, and significant value-add potential in one of the city's most sought-after rental markets.The property comprises nine studio units and four two-bedroom units, thoughtfully designed to meet high tenant demand. Currently 92% occupied, with several long-term tenants in place, the property generates approximately a 7% cap rate, with additional upside through unit updates and rental increases. Utilities are landlord-paid. Amenities include two laundry rooms, ample parking, a spacious yard, and proximity to the Turnagain greenbelt and Fish Creek trail system. This asset offers both immediate cash flow and long-term appreciation potential. With targeted upgrades, investors can realize rental growth and

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Home facts

  • Year built:1962
  • Listing ID #:25-12497
  • Added:567 day(s) ago
  • Updated:January 20, 2026 at 06:36 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:13
  • Full bathrooms:13
  • Living area:6,064 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt
  • Year built:1962
  • Building area:6,064 sq. ft.
  • Lot area:0.73 Acres

Schools

  • High school:West Anchorage
  • Middle school:Romig
  • Elementary school:Northwood

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$206.13
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