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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.
Property Type(s):
Multi Family
| Last Updated | 5/21/2026 | Year Built | 1985 |
|---|---|---|---|
| Community | 1A - Anchorage Municipality | County | Anchorage Municipality |
SCHOOLS
| Elementary School | Mountain View |
|---|---|
| Jr. High School | Clark |
| High School | Bettye Davis East Anchorage |
Additional Details
| APPLIANCES | Washer/Dryer |
|---|---|
| AREA | 1A - Anchorage Municipality |
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Baseboard |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 6250.0 |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 6780 |
| WATER | Public |
Listing Office: Jack White Real Estate
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