4302 Forrest Road, Anchorage, AK 99517

$500,000
Property Type: Multi-Family Bedrooms: 3 Baths: 3 Square Footage: 3,472 Lot Size (sq. ft.): 20,000 Status: Closed
Current Price: $500,000 Last Modified: 5/15/2026

Description

2 adjacent lots give almost a half acre of room. The back of the property gives ample space for boats & RV storage. Unique Spenard property on a dead-end street gives a neighborhood feel while being close to commercial amenities. 5 min. access to Lake Hood, Lake Spenard & airport. Duplex upfront allows flexibility for living in one side & renting the other. Selling for cash, AS IS, WHERE IS.

Supplements: Fish Creek runs through a culvert at the end of this property.

More Information MLS# 25-12638

Contract Info

Price-List: 500000 Date-Listing: 2025-09-30 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2026-03-27 Date-Closing: 2026-05-15

Location Tax and Legal

Area: 10 - Spenard Street #: 4302 Street Name: Forrest Arterial: Road Closest USPS Town: Anchorage State: AK Zip Code: 99517 Subdivision Name: A B Michels

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 3 Bathrooms Half: 1 Bathrooms Three Quarter: 1 Bathrooms Full: 1 Bathrooms Total: 3 Bldgs-Ttl #: 1 Year Built: 1953 SF-Res: 3472 Number of Units: 3 SF-Lot: 20000 Acres: 0.46 Garage Spaces: 4 Prkg Spcs: 6 Lot Area Source: Tax Authority Zoning: R2M - Multi Family Residential

Directions and Remarks

Directions: From Minnesota Dr., go west on Spenard Rd. Turn left on Forrest Rd. right after Gwennie's Restaurant. Proceed to first building on the right.

Building Info

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

Waterfront Details

Waterfront Name: Fish Creek--easement

Mortgage Info

EM Minimum Deposit: 5000

Unit #1

Bedroom: 1

Unit #2

Bedroom: 2

Unit #3

Bedroom: 2

Property Features

Multi-Family Type: Triplex; Other - See Remarks Exterior Finish: Wood Roof Type: Unknown - BTV Foundation Type: Block Construction Type: Wood Frame Garage Type: Attached; Heated; Tandem Carport Type: None Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved Topography: Gently Rolling Wtrfrnt-Frontage: Creek Wtrfrnt-Access Near: Creek Features-MultiFamily: CO Detector(s); Fixer-Upper; In City Limits; Smoke Detector(s); Washer/Dryer; Washer/Dryer HkUp Flooring: Carpet; Laminate; Concrete; Parquet; Vinyl To Show: ShowingTime Docs Avl for Review: As-Built; Survey Listing Terms Financing: Cash
Listing Office: JEMS Real Estate
Last Updated: May - 15 - 2026
4302 Forrest Road, Anchorage, AK 99517- MLS# 25-12638
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