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1227 E 11th Avenue, Anchorage, Alaska

$435,000 REDUCED 2%
  • $435,000
  • 7
  • 7
  • 3,640
  • .16
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Well maintained 7 unit rowhouse in quiet corner of Fairview. Faces new, contemporary architecture Cook Inlet Housing 7 plex, Stable, quiet, mature tenants. Four have been there for four or more years. Very rentable units. One short block south to Fairview Park, one short block north to Anchorage Neighborhood Health. 9% cap rate, $1252 per mo income, or 16.9% return on $89K down payment.

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Essential Information

  • MLS® # 19-4506
  • Price $435,000
  • Bedrooms 7
  • Bathrooms 7.00
  • Square Footage 3,640
  • Acres 0.16
  • Year Built 1958
  • Type Multi-Family
  • Sub-Type Side by Side, 5+ Units
  • Status Active
  • Annual Tax Amount $6,316
  • Tax Year 2018

Community Information

  • Address 1227 E 11th Avenue
  • Area 40 - Seward Hwy to Boniface Pkwy
  • Subdivision Third Addn L10 B3C
  • City Anchorage
  • State Alaska
  • Zip Code 99501

Amenities

  • Features DSL-Cable Available, Laundry Facility, Paved Driveway
  • Parking Spaces 8
  • Garages None
  • Waterfront None

Interior

  • Heating Baseboard

Exterior

  • Exterior Stucco
  • Roof Bitumen/Torch Down
  • Construction Wood Frame - 2x4
  • Foundation Concrete Block

School Information

Additional Information

  • Date Listed March 30th, 2019
  • Days on Market 81
  • Zoning R3 - Multiple Family Residential

Listing Details

  • Listing Office: Buyers Real Estate, LLC

Financials

  • $/SqFt $120

Price & Status History

Date Details
Price Reduced from $445,000 to $435,000

Neighborhood Information

Close to Military Facility(ies), Close to Penitentiary, High Residential Turnover, Coastal Area

  • Icon of money $600,000

    Median Price

  • Icon of a grid layout $201

    Median Price/Sqft

  • Icon of a bar graph 98.94%

    Sale/List Ratio

  • Icon of a house 62

    # of Homes SoldWithin the Last Year

  • Icon of a person walking N/A

    Walk Score®

  • Icon of a raincloud 15.29″

    Annual Precipitation

  • Icon of a sun 20.80°F /65.10°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon 7.10°F /52.30°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 18,246

    PopulationBased on Nearest ZIP Code

  • Icon of a person 34

    Median Age

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Listing information last updated on June 19th, 2019 at 8:04am AKDT.