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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
Documents
Listing Office: Hayden Outdoors, LLC
Last Updated: May - 13 - 2026
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.




