5559 Penn Circle, Anchorage, AK 99504 (MLS # 26-8121)

Price $539,000
Status Active
Beds 6
Baths 2 Baths
Home size 2,064 sqft
Lot Size 8,712 sqft
Days on Market 2
Excellent investment opportunity in East Anchorage! This spacious duplex features two well-designed units, each offering 3 bedrooms, 1 bathroom, and over 1,032 square feet of comfortable living space--ideal for owner-occupants or investors seeking strong income potential. Each unit offers functional layouts with generous living areas designed for everyday convenience. With potential for short-term rental use, this property provides added flexibility for maximizing cash flow. No CC&Rs means greater freedom for property use and management.The property includes a 2-car garage plus additional RV parking, offering ample space for vehicles, recreational gear, or tenant storage. Conveniently located near schools, parks, shopping, and major commuter routes, this duplex is also just minutes from Joint Base Elmendorf-Richardson, making it especially appealing for military tenants, traveling professionals, or short-term guests.Whether you're expanding your investment portfolio or searching for a versatile multi-family property, this Anchorage duplex offers exceptional potential and flexibility.
Property Type(s): Multi Family
Last Updated 7/8/2026 Tract Nunaka Valley
Year Built 1970 Community 1A - Anchorage Municipality
Garage Spaces 2.0 County Anchorage Municipality

SCHOOLS

Elementary SchoolNunaka Valley
Jr. High SchoolClark
High SchoolBartlett

Additional Details

APPLIANCESWasher/Dryer
AREA1A - Anchorage Municipality
CONSTRUCTIONFrame, Wood Siding
GARAGEAttached Garage, Yes
HEATBaseboard
LOT8712 sq ft
LOT DESCRIPTIONLevel
LOT DIMENSIONS8600.0
PARKINGAttached
SEWERPublic Sewer
SUBDIVISIONNunaka Valley
TAXES5179
VIEWYes
VIEW DESCRIPTIONMountain(s)
WATERPublic
Listing Office: Alaska Real Estate Associates, LLC
Alaska MLS

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