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Investment Opportunity in South Anchorage! Located near Taku Lake, this 12-unit apartment building offers an attractive mix of 2bedroom & 1bedroom apartments. Tenants enjoy spacious grounds, secured building access, on-site coin laundry, and private balconies for all upper-floor units. Many improvements over the years, including updated boilers/water heaters & unit remodels. Roof does not appear to be original. Most of the windows have been replaced with double pane vinyl. Old owner stated 1 boiler & hot water heater was replaced in 2018. 2nd boiler replaced in 2024 by Sage Mechanical. Last loan was AHFC, and all Health & Safety and Significant Deficiency items were repaired at the time. Professionally managed and manager would love to stay on - offering a competitive management rate. Seller offering to pay for paving and striping bid out of closing proceeds with a full price offer. Building is 100% occupied.
Property Type(s):
Multi Family
| Last Updated | 6/15/2026 | Year Built | 1975 |
|---|---|---|---|
| Community | 1A - Anchorage Municipality |
SCHOOLS
| Elementary School | Campbell |
|---|---|
| Jr. High School | Romig |
| High School | West Anchorage |
Additional Details
| AREA | 1A - Anchorage Municipality |
|---|---|
| CONSTRUCTION | Frame, Stucco, Wood Siding |
| HEAT | Baseboard, Natural Gas |
| LOT | 0.57 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 24842.0 |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 16540 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
Listing Office: Buyers Real Estate, LLC
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Petersburg Properties LLC 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.
Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved
This IDX solution is (c) Diverse Solutions 2026.
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