2204 W Northern Lights Boulevard, Anchorage, AK 99517

$3,425,000
Property Type: Multi-Family Bedrooms: 54 Baths: 36 Square Footage: 22,676 Lot Size (sq. ft.): 41,227 Status: Pending
Current Price: $3,425,000 Last Modified: 3/18/2026

Description

Incredible investment opportunity! 36plex for sale in West Anchorage. Large, concrete building with many improvements! Backs onto Fish Creek, walking distance to shops/trails, and minutes from the airport. Professionally managed. Each unit has a carport space & plugin and storage unit. Large laundry room. Many units updated, and room to increase rents.

Supplements: 8 units back directly onto Fish Creek and overlook La Honda Park. Large office & maintenance shed w/ electric & heat next to carports. Main doors to upper units are secured, double entry key pads. Most units have had refreshes (floors, bath fans & vanities) and others with new cabinets, fixtures and counters! Storage units are next to laundry area, currently unused. Alaska Roof Restorations added a Silicone Layer to the main roof in 2021. Mechanical systems consists of 3 boilers and 2 sidearms. Seller replaced 1 boiler in 2023. Sage Mechanical serviced in March 2026. Accel Fire Service maintains alarm system and sprinklers on lower level. Building is on a master key system.

More Information MLS# 26-2363

Contract Info

Price-List: 3425000 Date-Listing: 2026-03-12 Status: Pending Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2026-03-17

Location Tax and Legal

Area: 10 - Spenard Street #: 2204 Directional: W Street Name: Northern Lights Arterial: Boulevard Closest USPS Town: Anchorage State: AK Zip Code: 99517

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 54 Bathrooms Full: 36 Bathrooms Total: 36 Bldgs-Ttl #: 1 Year Built: 1961 SF-Res: 22676 Number of Units: 36 SF-Lot: 41227 Acres: 0.95 Carport Spaces: 36 Prkg Spcs: 40 Lot Area Source: Tax Authority Zoning: R3 - Multiple Family Residential

Directions and Remarks

Directions: Turnagain-Midtown location. Northern Lights access between Forest Park and Lois Dr. Additional access, south on Lois, immediate turn on 29th Avenue at the intersection of 29th & Willow.

Building Info

Units-# of 1 BR: 18 Units- # of 2 BR: 18

Property Features

Multi-Family Type: Apartment Style; Multi Family Exterior Finish: Masonry Roof Type: Bitumen/Torch Down Foundation Type: Block Construction Type: Concrete Garage Type: None Carport Type: Detached Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Dedicated Road; Maintained View Type: Wetlands Wtrfrnt-Frontage: None Wtrfrnt-Access Near: Creek Features-MultiFamily: CO Detector(s); Fire Sprinkler System; Laundry Facility; Shed; Smoke Detector(s); Trailside; Paved Driveway To Show: ShowingTime Listing Terms Financing: AHFC; Cash; Conventional
Listing Office: Buyers Real Estate, LLC
Last Updated: March - 18 - 2026
2204 W Northern Lights Boulevard, Anchorage, AK 99517- MLS# 26-2363
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.