19111 Stephanie Boulevard, Eagle River, AK 99577

$650,000
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 3,656 Lot Size (sq. ft.): 53,143 Status: Closed
Current Price: $650,000 Last Modified: 1/10/2026

Description

Interior pics coming soon! Maintained four plex near JBER. Prime location close to base, highway, shopping & schools. Two units feature updated baths; all show pride of ownership. Shared coin-op laundry adds income & convenience. Strong rental history, low vacancy, and great investment potential-live in one, rent the rest, and enjoy steady returns in a desirable location.

Supplements: Fantastic opportunity to own a well-cared-for 4-plex in a highly desirable location near JBER. Tenants have easy access to the highway, shopping, dining, and schools, making this property a consistent rental favorite. Two units have been tastefully updated with modern bathrooms, and all units reflect ongoing maintenance and care. A shared coin-operated laundry with two machines offers added convenience and supplemental income. Each unit is thoughtfully laid out for comfort and functionality, contributing to long-term tenant satisfaction and low turnover. Whether you're an investor expanding your portfolio or an owner-occupant seeking rental income, this 4-plex delivers both stability and opportunity. With its strong rental appeal, great location, and proven performance, this is an investment you'll be proud to own. Unit four is the only available unit to go and show. At 36 hour notice to show for the other units. Multiple Offers Received - Highest and best due 11/12/25 by 5pm

More Information MLS# 25-13913

Contract Info

Price-List: 650000 Date-Listing: 2025-10-31 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2025-11-26 Date-Closing: 2026-01-09

Location Tax and Legal

Area: 90 - Eagle River Street #: 19111 Street Name: Stephanie Arterial: Boulevard Closest USPS Town: Eagle River State: AK Zip Code: 99577

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 8 Bathrooms Full: 4 Bathrooms Total: 4 Bldgs-Ttl #: 1 Year Built: 1983 SF-Res: 3656 Number of Units: 4 SF-Lot: 53143 Acres: 1.22 Prkg Spcs: 8 Lot Area Source: Tax Authority Zoning: CE-R-7 Medium-Density Single Family Residential

Directions and Remarks

Directions: Old Glenn Highway north of Eagle River - turn left onto Stephanie, then first driveway on right.

Building Info

Units- # of 2 BR: 4

Water Source

Water-Prvt Well Dpth: 245

Mortgage Info

EM Minimum Deposit: 6200

Unit #1

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

Unit #2

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

Unit #3

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

Unit #4

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

Property Features

Multi-Family Type: Quadruplex Exterior Finish: Wood Roof Type: Metal Foundation Type: Block Construction Type: Block; Wood Frame Garage Type: None Carport Type: None Heating: Baseboard; Separate Meters Sewer-Type: Septic Tank Water Source: Holding Tank; Private; Well Access Type: Gravel; Paved; Maintained View Type: Mountains Topography: Hilly; Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: Covenants; CO Detector(s); In City Limits; Laundry Facility; Shed; Smoke Detector(s); Washer/Dryer HkUp Flooring: Carpet; Vinyl To Show: ShowingTime Docs Avl for Review: As-Built; CC&R's; Docs Posted on MLS; Floor Plan; Well & Septic Test Listing Terms Financing: 1031 Exchange; AHFC; Cash; Conventional; FHA; VA Loan
Listing Office: Better Homes and Gardens Real Estate Dream Makers
Last Updated: January - 10 - 2026
19111 Stephanie Boulevard, Eagle River, AK 99577- MLS# 25-13913
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.