3401 E 15th Avenue, Anchorage, AK 99508
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
3401 E 15th Avenue,Anchorage, AK 99508
$815,000
- 8 Beds
- 4 Baths
- 3,648 sq. ft.
- Multi-family
- Active
Listed by:christopher porter
Office:real broker alaska
MLS#:25-11929
Source:AK_AMLS
Price summary
- Price:$815,000
- Price per sq. ft.:$223.41
About this home
Updated 4-plex at 3401 E 15th Ave, Anchorage (Airport Heights) generating $7,200/mo. Beautiful interiors with updated flooring, cherry kitchen cabinets, and a new boiler. Superb location close to hospitals, UAA, and JBER.Unit 1 - 2BR/1BA: $1,750/mo, renewed for a new 12-month lease in August.
Unit 2 - 2BR/1BA: $1,750/mo, renewed for a new 12-month lease in August.
Unit 3 - 2BR/1BA: $1,750/mo, renewed for a new 12-month lease in August.
Unit 4 - 2BR/1BA (Furnished): $1,950/mo, lease until November; furnishings can convey for an easy continuation as a mid-term rental or potential STVR.
Owner-occupants can move into Unit 4 at its November turnover and let the other three units ($5,250/mo) offset your payment. With an estimated $5,158/mo PITI at 5% down, your personal net cost of housing could be ~$800 after all expenses for the entire building.
Investors can purchase turnkey with estimated $4,467/mo PITI at 20% down. Potential gross income after PITI ~$2,465/mo. That's ~18% pre-expense cash-on-cash return.
Additional highlights: Airport Heights neighborhood, handsome finishes (flooring + cherry cabinets), new boiler, and proximity to major employment/education hubs. Strong income from day one with flexibility to adjust strategy at turnover. Please do not disturb occupants. Buyer to verify all information and figures.
Proforma in MLS Docs - Seller is Owner/Agent.
Contact an agent
Home facts
- Year built:1964
- Listing ID #:25-11929
- Added:43 day(s) ago
- Updated:October 15, 2025 at 02:35 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,648 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Shingle
- Year built:1964
- Building area:3,648 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Bettye Davis East Anchorage
- Middle school:Wendler
- Elementary school:Airport Heights
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$815,000
- Price per sq. ft.:$223.41
The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2025 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated October 28, 2025New listings near 3401 E 15th Avenue
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