1016 W 25th Avenue, Anchorage, AK 99503

$745,000
Property Type: Multi-Family Bedrooms: 10 Baths: 5 Square Footage: 3,832 Lot Size (sq. ft.): 8,181 Status: Closed
Current Price: $745,000 Last Modified: 1/31/2026

Description

Midtown four-plex in a prime rental area! Three of the four units have been remodeled, with updated interiors and fresh exterior paint. Two units offer in-unit laundry; the other two share a common laundry room. Fenced yard, possible expansion potential for an additional unit - BTV. Excellent opportunity for investors or owner-occupants near Midtown Mall and Bear Tooth Theatre pub!

Supplements: Fantastic investment opportunity in the heart of Anchorage! This well-maintained four-plex has three remodeled units, giving it strong rental appeal and modernized living spaces. Fresh exterior paint and a fenced yard add curb appeal, and the large lot may offer potential for future development or an additional unit (buyer to verify). Two of the units include in-unit laundry, while the other two share a clean, functional common laundry room ( coin operated). The property is owner managed and shows clear pride of ownership. Conveniently located near Bear Tooth Theatre pub, Midtown Mall, restaurants, and major employers, this property offers consistent rental demand in one of Anchorage's most desirable multifamily zones. Whether you're expanding your portfolio or looking for an owner-occupant investment, this four-plex is a great opportunity with room to grow! All tenants are month to month leases. Tenants pay electricity. Owner pays Gas, Water, Sewer, Refuse & Snow removal. Unit 2 has internet owner pays for. Listing Licensee is related to the seller.

More Information MLS# 25-13496

Contract Info

Price-List: 745000 Date-Listing: 2025-10-22 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2025-12-15 Date-Closing: 2026-01-30

Location Tax and Legal

Area: 10 - Spenard Street #: 1016 Directional: W Street Name: 25th Arterial: Avenue Closest USPS Town: Anchorage State: AK Zip Code: 99503

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 10 Bathrooms Full: 5 Bathrooms Total: 5 Bldgs-Ttl #: 1 Year Built: 1969 SF-Res: 3832 Number of Units: 4 SF-Lot: 8181 Acres: 0.19 Prkg Spcs: 8 Lot Area Source: Tax Authority Zoning: R4 - Multiple Family Residential

Directions and Remarks

Directions: From Arctic Blvd, turn West on West 25th Ave, go to 1016 West 25th on the left.

Building Info

Units- # of 2 BR: 2 Units-# of 3 BR: 2

Mortgage Info

EM Minimum Deposit: 7450

Unit #1

Bath - Full: 1 Bedroom: 3 Kitchen: 1 Living Room: 1 Parking Spaces: 2

Unit #2

Bath - Full: 1 Bedroom: 3 Kitchen: 1 Living Room: 1 Parking Spaces: 2

Unit #3

Bath - Full: 1 Bedroom: 2 Kitchen: 1 Living Room: 1 Parking Spaces: 2

Unit #4

Bath - Full: 1 Bedroom: 2 Kitchen: 1 Living Room: 1 Parking Spaces: 2

Property Features

Multi-Family Type: Quadruplex Exterior Finish: Vinyl Roof Type: Shingle Foundation Type: Unknown - BTV Construction Type: Wood Frame Garage Type: None Carport Type: None Heating: Baseboard Sewer-Type: Public Sewer Water Source: Public Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); In City Limits; Laundry Facility; Smoke Detector(s); Tenant Storage; Washer/Dryer; Washer/Dryer HkUp Flooring: Carpet; Laminate; Vinyl To Show: ShowingTime Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Listing Office: Better Homes and Gardens Real Estate Dream Makers
Last Updated: January - 31 - 2026
1016 W 25th Avenue, Anchorage, AK 99503- MLS# 25-13496
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 the site owner are marked with 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. Site contains live data.