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Rare townhouse-style investment opportunity offering exceptional versatility, quality construction, and long-term value. Built by a commercial contractor and meticulously maintained over the years, this one-of-a-kind property can function as a triplex or as a duplex with unit 2 currently connected to unit 1, making it ideal for investors or owner-occupants seeking rental income or space. See more Each unit features its own private entrance, soaring vaulted ceilings, abundant natural light, and thoughtful design. The main level throughout is heated with in-floor radiant heat, while the upper levels are equipped w/baseboard heating. Heated driveways provide added convenience during the winter.Unit 1 welcomes you with dramatic vaulted ceilings and an open-concept living, dining, and kitchen area. The spacious layout includes two bedrooms, two full bathrooms, a large walk-in pantry/laundry room, and an oversized two-car garage with room for 2 full-size pickup trucks. Upstairs, you'll find a versatile bonus room with closets and skylights that open, perfect for an office, guest space, or playroom. Across the hall, there is direct access to Unit 2, allowing the spaces to remain connected or be separated with a wall for complete independence.Unit 2 is an expansive studio apartment featuring impressive ceiling height, abundant natural sunlight, and a loft that provides additional living space. The unit is already plumbed for a kitchenette, making it easy for a new owner to add. This flex space offers tons of potential for a furnished short-term or long-term rental. Currently connected to unit 1 but can be easily separated.Unit 3 offers a spacious layout with two bedrooms, each featuring its own private ensuite bathroom, plus an additional half bath for guests. The unit includes a full kitchen, dining area, and a two-story living room, along with an attached one-car garage.Units 1 and 3 both enjoy access to the backyard, concrete patios for outdoor enjoyment. Each unit also includes its own washer and dryer. Unit 2 does not have a washer/dryer but you can easily add one next to the spiral staircase. Properties of this quality, flexibility, and construction are exceptionally rare.
Property Type(s):
Multi Family
| Last Updated | 7/8/2026 | Year Built | 1997 |
|---|---|---|---|
| Community | 1A - Anchorage Municipality | Garage Spaces | 3.0 |
| County | Anchorage Municipality |
SCHOOLS
| Elementary School | Kincaid |
|---|---|
| Jr. High School | Mears |
| High School | Dimond |
Additional Details
| AREA | 1A - Anchorage Municipality |
|---|---|
| CONSTRUCTION | Other, Vinyl Siding |
| GARAGE | Attached Garage, Yes |
| HEAT | Baseboard, Radiant Floor |
| INTERIOR | Vaulted Ceiling(s) |
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Gentle Sloping, Level, Sloped |
| LOT DIMENSIONS | 10149.0 |
| PARKING | Attached, Heated Garage |
| SEWER | Public Sewer |
| TAXES | 11414.5 |
| WATER | Public |
Listing Office: Herrington and Company, 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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