309 N Klevin Street, Anchorage, AK 99508

Anchorage
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
309 N Klevin Street,Anchorage, AK 99508
$509,900
  • 9 Beds
  • 4 Baths
  • 4,088 sq. ft.
  • Multi-family
  • Pending
Listed by: beau disbrow, kari disbrow
Office: jack white real estate
MLS#:26-5808
Source:AK_AMLS

Price summary

  • Price:$509,900
  • Price per sq. ft.:$124.73

About this home

Stable Mountain View 4-plex with strong pro forma upside on a quiet street near JBER, schools, and shopping. Fully occupied by long-term tenants (2 to 5+ years), all current and on time, all on month-to-month leases -- giving a new owner flexibility to raise rents to market or occupy a unit. Current gross rent of $51,600/yr reflects below-market rates; comparable Mountain View 4-plexes with similar unit mix are achieving closer to $65,000/yr, representing roughly $12,000/yr in lease-up potential. Individual electric meters (tenant-paid); owner currently covers gas, water/sewer, and refuse. Investor-ready with a clear path to a 7%+ pro forma cap rate. Also a strong fit for an owner-occupant seeking a multi-unit property where rental income from the other units helps offset the mortgage. Showings by appointment with minimum 24-hour notice -- tenants in place. Only Units A and C were available for photos. All units are similar, with Unit B having an oversized living room closet and...

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Home facts

  • Year built:1985
  • Listing ID #:26-5808
  • Added:51 day(s) ago
  • Updated:July 12, 2026 at 12:43 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile
  • Living area:4,088 sq. ft.

Structure and exterior

  • Roof:Asphalt, Composition, Shingle
  • Year built:1985
  • Building area:4,088 sq. ft.
  • Lot area:0.14 Acres
  • Foundation Description:Block, Concrete Perimeter

Schools

  • High school:Bettye Davis East Anchorage
  • Middle school:Clark
  • Elementary school:Mountain View

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$509,900
  • Price per sq. ft.:$124.73
  • Tax amount:$6,780
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