1516 Latouche Street, Anchorage, AK 99501

$625,000
Property Type: Multi-Family Bedrooms: 9 Baths: 4 Square Footage: 3,796 Lot Size (sq. ft.): 7,000 Status: Closed
Current Price: $625,000 Last Modified: 5/13/2026

Description

Great investment opportunity in this well maintained 4-plex, featuring three 2 bd/1 bt units and one 3 bd/, 1 bt unit. New boiler 2025. Conveniently located in a central neighborhood with quick access to shopping centers, public transportation, and major highways, this property attracts tenants. Each unit is well maintained and cared for. Two off-street parking spaces per unit.

Supplements: Whether you're a seasoned investor or new to multifamily real estate, this property presents a solid blend of stable cash flow and growth potential. Historically strong occupancy rates reinforce the building's excellent rental performance, while the central location appeals to a broad tenant base. There is also room to increase returns over time with modest cosmetic upgrades. Don't miss the chance to own a low-maintenance, income-generating asset in a prime spot.

More Information MLS# 26-2764

Contract Info

Price-List: 625000 Date-Listing: 2026-03-23 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2026-04-08 Date-Closing: 2026-05-13

Location Tax and Legal

Area: 40 - Seward Hwy to Boniface Pkwy Street #: 1516 Street Name: Latouche Arterial: Street Closest USPS Town: Anchorage State: AK Zip Code: 99501

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 9 Bathrooms Full: 4 Bathrooms Total: 4 Bldgs-Ttl #: 1 Year Built: 1984 Year Updated: 2024 SF-Res: 3796 Number of Units: 4 SF-Lot: 7000 Acres: 0.16 Prkg Spcs: 10 Lot Area Source: Tax Authority Zoning: R3 - Multiple Family Residential

Directions and Remarks

Directions: From downtown head east on 15th avenue, Turn Right on Latouche, Building on your right.

Property Features

Multi-Family Type: Apartment Style; Quadruplex Exterior Finish: Wood Roof Type: Asphalt; Composition; Shingle Foundation Type: Block Construction Type: Wood Frame; Wood Frame - 2x6 Garage Type: None Carport Type: None Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: Laundry Facility Flooring: Luxury Vinyl To Show: ShowingTime Listing Terms Financing: Cash; Conventional; FHA; VA Loan
Listing Office: Hayden Outdoors, LLC
Last Updated: May - 13 - 2026
1516 Latouche Street, Anchorage, AK 99501- MLS# 26-2764
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.