500 W Roy Road, Wasilla, AK 99654
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
500 W Roy Road,Wasilla, AK 99654
$700,000
- 8 Beds
- 4 Baths
- 4,400 sq. ft.
- Multi-family
- Active
Listed by:scott blair
Office:my favorite realty llc.
MLS#:25-6514
Source:AK_AMLS
Price summary
- Price:$700,000
- Price per sq. ft.:$159.09
About this home
Exceptional Fourplex Investment Opportunity Just Outside City Limits Rare opportunity to own a well-maintained fourplex just outside Wasilla city limits - enjoy lower taxes while still being minutes from town amenities. This 8-bedroom, 4-bath multi-family property offers a perfect blend of comfort and investment potential, ideal for owner-occupants seeking rental income. Each of the four units features 2 spacious bedrooms and 1 full bathroom, designed for maximum functionality and tenant appeal. Units include in-unit washers and dryers, saving tenants time and money while reducing maintenance headaches for the owner. Private one-car garages for each unit provide secure parking and added storage, a rare and highly sought-after feature in the local rental market.
All units are currently rented below market value, giving new owners the opportunity to increase cash flow over time by adjusting rents to meet current market rates. Whether you choose to live in one unit or lease all four, there's clear, built-in equity growth through rental optimization.
The property is situated on a quiet, accessible road with plenty of outdoor space, offering a more private, relaxed setting than properties located within city boundaries. Strong rental demand in this area means high occupancy rates and consistent cash flow potential. Live in one unit and let the other three units offset your mortgage - or generate passive income from all four.
Why buy a single-family home when you can live for less and build wealth at the same time? With limited multi-family inventory in the Wasilla area, this is your chance to secure a property that pays you back every month.
Don't miss out - opportunities like this move fast. Schedule your showing today and take the first step toward financial freedom!
Contact an agent
Home facts
- Year built:2004
- Listing ID #:25-6514
- Added:116 day(s) ago
- Updated:August 16, 2025 at 02:44 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:4,400 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:2004
- Building area:4,400 sq. ft.
- Lot area:0.92 Acres
Schools
- High school:Wasilla
- Middle school:Teeland
- Elementary school:Tanaina
Utilities
- Sewer:Community, Septic Tank
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$159.09
- Tax amount:$7,031
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 September 25, 2025New listings near 500 W Roy Road
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