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8621 Molanary DR Anchorage, AK 99502
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Key Details
Sold Price $695,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,448 sqft
Price per Sqft $201
MLS Listing ID 26-2652
Sold Date 05/01/26
Bedrooms 9
Full Baths 4
Construction Status Existing Structure
Year Built 1978
Annual Tax Amount $8,731
Lot Size 7,764 Sqft
Acres 0.18
Property Sub-Type Fourplex
Source Alaska Multiple Listing Service
Property Description
Take advantage of this excellent investment opportunity in the South Anchorage! This well-maintained 4-plex features one spacious 3-bedroom, 1-bath unit and three comfortable 2-bedroom, 1-bath units. Each unit has dedicated off-street parking, and tenants have access to laundry.
Ideally located just minutes from the airport, as well as popular restaurants and shopping, this property appeals to both tenants and investors alike. The fenced yard provides added privacy and outdoor space, while dedicated off-street parking ensures convenience for all residents.
With the potential to increase current rents to market rates, this well-maintained property presents strong income growth for investors. Whether you're looking to live in one unit while renting out the others or expand your portfolio, this 4-plex is an excellent opportunity.
Location
State AK
Area 15 - W Tudor Rd - Dimond Blvd
Zoning R3 - Multiple Family Residential
Direction West on Dimond Blvd, Right on Jewel Lake Rd, Right on W. 88th, Left on Molanary Drive. Property on the Right.
Interior
Heating Baseboard
Flooring Carpet, Laminate, Vinyl
Exterior
Parking Features None
Waterfront Description None
Water Access Desc Public
Roof Type Composition,Shingle,Asphalt
Building
Foundation Poured Concrete
Lot Size Range 0.18
Sewer Public Sewer
Water Public
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Chinook
Middle Schools Mears
High Schools Dimond
Others
Tax ID 0122729100001
Acceptable Financing AHFC, Cash, Conventional, FHA, VA Loan
Listing Terms AHFC, Cash, Conventional, FHA, VA Loan
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