1054 W 20th Avenue, Anchorage, AK 99503

$720,000
Property Type: Multi-Family Bedrooms: 9 Baths: 4 Square Footage: 3,980 Lot Size (sq. ft.): 11,543 Status: Active
Current Price: $720,000 Last Modified: 7/02/2026

Description

Excellent investment opportunity! This well-maintained, fully occupied four-plex is ideally located in a convenient central location just steps from Valley of the Moon Park, shopping, dining, schools, and major commuter routes. Each townhouse-style unit features a functional floor plan with the kitchen and living room on the main level.

Supplements: Units 1,2 & 3 have 2 bedrooms and Unit 4 features 3 beds with a balcony. Each unit includes laundry and a private entrance. Situated on a beautifully maintained lot with a mature lawn and established perennial landscaping, this income-producing property offers strong rental appeal and a proven investment opportunity.

More Information MLS# 26-8057

Contract Info

Price-List: 720000 Date-Listing: 2026-06-30 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: 10 - Spenard Street #: 1054 Directional: W Street Name: 20th Arterial: Avenue Closest USPS Town: Anchorage State: AK Zip Code: 99503

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 9 Bathrooms Full: 4 Bathrooms Total: 4 Bldgs-Ttl #: 1 Year Built: 1978 SF-Res: 3980 Number of Units: 4 SF-Lot: 11543.4 Acres: 0.27 Prkg Spcs: 8 Lot Area Source: Tax Authority Zoning: R3 - Multiple Family Residential

Directions and Remarks

Directions: From Arctic Blvd. turn onto W20th Ave. Home on the left.

Building Info

Units-# of 1 BR: 2 Units- # of 2 BR: 2 Units-# of 3 BR: 2 Units- # of 4+ BR: 3

Unit #1

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

Unit #2

Bath - Full: 1 Bedroom: 2 Family Room: 1 Parking Spaces: 2

Unit #3

Bedroom: 2 Family Room: 1 Kitchen: 1 Parking Spaces: 2

Unit #4

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

Property Features

Multi-Family Type: Apartment Style Exterior Finish: Wood Roof Type: Asphalt; Composition; Shingle Foundation Type: Block 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: Lake Features-MultiFamily: CO Detector(s); In City Limits; Parkside; Smoke Detector(s); Trailside; Washer/Dryer Flooring: Carpet; Linoleum To Show: ShowingTime Docs Avl for Review: Docs Posted on MLS Listing Terms Financing: Cash; Conventional; FHA; VA Loan
Listing Office: Keller Williams Realty Alaska Group of Eagle River
Last Updated: July - 02 - 2026
1054 W 20th Avenue, Anchorage, AK 99503- MLS# 26-8057
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.