309 N Klevin Street, Anchorage, AK 99508
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
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: beau disbrow, kari disbrow
Office: jack white real estate
MLS#:26-5808
Source:AK_AMLS
Price summary
- Price:$509,900
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.
Contact an agent
Home facts
- Year built:1985
- Listing ID #:26-5808
- Added:5 day(s) ago
- Updated:May 28, 2026 at 02:43 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Linoleum, Tile
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt, Composition, Shingle
- Year built:1985
- Lot Features:City Lot
- Construction Materials:Frame, Wood Siding
- Foundation Description:Block, Concrete Perimeter
Schools
- High school:Bettye Davis East Anchorage
- Middle school:Clark
- Elementary school:Mountain View
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$509,900
- Tax amount:$6,780
Features and amenities
- Appliances:Washer/Dryer
- Laundry features:Common Area, Washer/Dryer
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