Map
Link Copied
Listed price in listed location currency (USD).
$509,900

944

MLS® 26-5808

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4088 sqft
Garage 
Taxes $6,780
Days Active 6
Lot Size 
Approx. Age 1985
Avg. Price Per Sqft $124
MLS® Number 26-5808

Property Address: 309 N Klevin St, Anchorage, AK, 99508-6204

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number26-5808
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1985
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 22, 2026List Date
$509,900List Price
  • Commute

Commute

Starting Address
Destination Address
309 N Klevin St, Anchorage, AK

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties