1227 E 11th Avenue, Anchorage, AK 99501

$599,000
Property Type: Multi-Family Bedrooms: 7 Baths: 7 Square Footage: 3,640 Lot Size (sq. ft.): 7,000 Status: Active
Current Price: $599,000 Last Modified: 6/09/2026

Description

Income-Producing 7plex! Quiet, low traffic area of Fairview. Ranch style, private entry units. Price includes a credit for a roof restoration (functional roof, just older). Boiler not original, serviced annually. W/D onsite, off-street parking. Fully occupied, and professionally managed. Tenants pay electric. Building shares dumpster with neighbor, low waste bill

Supplements: All units are 1bed/1bath. Some have had new laminate flooring & paint. Some kitchen & bathroom updates over the years. Very easy to lease, tandem parking spaces in front of the units, paved driveway. Ample off-street parking in that area. Market rents are $1250. Electric is separate. Currently 100% occupied, 1 unit vacating in June. 24 hour notice to show, LA to be present.

More Information MLS# 26-6779

Contract Info

Price-List: 599000 Concessions YN: Yes Date-Listing: 2026-06-08 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: 5 - Downtown Anchorage Street #: 1227 Directional: E Street Name: 11th Arterial: Avenue Closest USPS Town: Anchorage State: AK Zip Code: 99501

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 7 Bathrooms Full: 7 Bathrooms Total: 7 Bldgs-Ttl #: 1 Year Built: 1958 Year Updated: 2018 SF-Res: 3640 Number of Units: 7 SF-Lot: 7000 Acres: 0.16 Prkg Spcs: 7 Lot Area Source: Tax Authority Zoning: R3 - Multiple Family Residential

Directions and Remarks

Directions: From 15th Ave, north on Medfra, TL on 11th. Property on right.

Building Info

Units-# of 1 BR: 7

Property Features

Multi-Family Type: Ranch Exterior Finish: Stucco Roof Type: Bitumen/Torch Down Foundation Type: Block Construction Type: Wood Frame - 2x4 Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: In City Limits; Laundry Facility; Smoke Detector(s) Flooring: Laminate To Show: ShowingTime Docs Avl for Review: Lease
Listing Office: Buyers Real Estate, LLC
Last Updated: June - 09 - 2026
1227 E 11th Avenue, Anchorage, AK 99501- MLS# 26-6779
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.